https://www.taxtmi.com/caselaws?id=456448 Foreign exchange fluctuation gain directly linked to export operations is treated as operating income for transfer-pricing margin computation. Functionally dissimilar comparables must be excluded where extraordinary events, inadequate segmental data, differing business profiles, or materially different scale and brand strength make them unsuitable for FAR analysis. Applying these principles, the note records exclusion of the identified comparables and recomputation of the arm's-length price on the revised comparable set. en-us Thu, 11 Aug 2022 00:00:00 +0530 Thu, 25 Jul 2024 20:02:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456448 Foreign exchange fluctuation gain directly linked to export operations is treated as operating income for transfer-pricing margin computation. Functionally dissimilar comparables must be excluded where extraordinary events, inadequate segmental data, differing business profiles, or materially different scale and brand strength make them unsuitable for FAR analysis. Applying these principles, the note records exclusion of the identified comparables and recomputation of the arm's-length price on the revised comparable set. Case-Laws Income Tax Thu, 11 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456448