https://www.taxtmi.com/caselaws?id=468704 Duly certified segmental results used for benchmarking business support services could not be rejected for transfer pricing purposes without cogent material showing that they were unreliable or incorrect. The accounting records showed direct costs booked to the relevant segment and only limited common costs apportioned, while the objections based on lease rent, recruitment expenses, and legal and professional charges lacked a proper factual foundation. In the absence of reliable material to discredit the segment-wise computation, benchmarking at entity level was not justified and the assessee's segmental results had to be considered. en-us Fri, 20 Mar 2020 00:00:00 +0530 Mon, 18 May 2026 16:54:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468704 Duly certified segmental results used for benchmarking business support services could not be rejected for transfer pricing purposes without cogent material showing that they were unreliable or incorrect. The accounting records showed direct costs booked to the relevant segment and only limited common costs apportioned, while the objections based on lease rent, recruitment expenses, and legal and professional charges lacked a proper factual foundation. In the absence of reliable material to discredit the segment-wise computation, benchmarking at entity level was not justified and the assessee's segmental results had to be considered. Case-Laws Income Tax Fri, 20 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468704