https://www.taxtmi.com/caselaws?id=783795 For TP adjustment in respect of research support services, the Tribunal held that a selected comparable company had turnover of only about INR 3.65 crores and therefore failed the applicable turnover filter; the AO/TPO was directed to rework the benchmarking after correctly applying filters and excluding that comparable, and recompute any consequential adjustment. On disallowance of employees' provident fund contribution for alleged delay, it held that the assessee had remitted the amount within the stipulated due date and the non-credit to the EPFO within time occurred due to technical banking glitches beyond the assessee's control; accordingly, the SC ruling in Checkmate Services was held inapplicable and the disallowance was deleted, allowing the appeal. en-us Fri, 14 Nov 2025 00:00:00 +0530 Tue, 23 Dec 2025 07:59:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783795 For TP adjustment in respect of research support services, the Tribunal held that a selected comparable company had turnover of only about INR 3.65 crores and therefore failed the applicable turnover filter; the AO/TPO was directed to rework the benchmarking after correctly applying filters and excluding that comparable, and recompute any consequential adjustment. On disallowance of employees' provident fund contribution for alleged delay, it held that the assessee had remitted the amount within the stipulated due date and the non-credit to the EPFO within time occurred due to technical banking glitches beyond the assessee's control; accordingly, the SC ruling in Checkmate Services was held inapplicable and the disallowance was deleted, allowing the appeal. Case-Laws Income Tax Fri, 14 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783795