https://www.taxtmi.com/caselaws?id=463351 ITAT (Chennai) directed remand to the TPO: several comparables were materially dissimilar and the TPO must apply proper entity-level filters so comparables fit the assessee's style of work. The TPO was instructed to include customs duty in ELI calculations subject to document verification. Working-capital adjustments were set aside to the TPO for recalculation using the index relied on by the assessee, as documents could not be verified at this stage. The question of additional depreciation-not claimed in the return and not properly agitated-was remitted to the AO for further consideration. en-us Wed, 03 Aug 2022 00:00:00 +0530 Wed, 27 Aug 2025 19:01:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463351 ITAT (Chennai) directed remand to the TPO: several comparables were materially dissimilar and the TPO must apply proper entity-level filters so comparables fit the assessee's style of work. The TPO was instructed to include customs duty in ELI calculations subject to document verification. Working-capital adjustments were set aside to the TPO for recalculation using the index relied on by the assessee, as documents could not be verified at this stage. The question of additional depreciation-not claimed in the return and not properly agitated-was remitted to the AO for further consideration. Case-Laws Income Tax Wed, 03 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463351