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    <title>2011 (3) TMI 974 - ITAT, Bangalore</title>
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    <description>The tribunal ruled in favor of the assessee regarding the disallowance of the claim under section 10A, citing precedent and directing the assessing authority to provide consequential benefits. However, in the matter of Arms Length Price addition in foreign transactions with related parties, the tribunal upheld the addition as justified, modifying the ALP adjustment to 20% of the operating cost. The appeal was partly allowed with the tribunal addressing both issues.</description>
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      <title>2011 (3) TMI 974 - ITAT, Bangalore</title>
      <link>https://www.taxtmi.com/caselaws?id=208847</link>
      <description>The tribunal ruled in favor of the assessee regarding the disallowance of the claim under section 10A, citing precedent and directing the assessing authority to provide consequential benefits. However, in the matter of Arms Length Price addition in foreign transactions with related parties, the tribunal upheld the addition as justified, modifying the ALP adjustment to 20% of the operating cost. The appeal was partly allowed with the tribunal addressing both issues.</description>
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