https://www.taxtmi.com/caselaws?id=214263 The ITAT allowed the appeal partly for statistical purposes, providing relief to the assessee on the issues of exclusion of foreign currency expenses from both export and total turnover, determination of Arm's Length Price (ALP), and benefit of +/- 5% adjustment. The issues of charging interest and initiation of penalty proceedings were addressed as consequential and premature, respectively. en-us Mon, 30 Apr 2012 00:00:00 +0530 Tue, 19 Apr 2016 12:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214263 The ITAT allowed the appeal partly for statistical purposes, providing relief to the assessee on the issues of exclusion of foreign currency expenses from both export and total turnover, determination of Arm's Length Price (ALP), and benefit of +/- 5% adjustment. The issues of charging interest and initiation of penalty proceedings were addressed as consequential and premature, respectively. Case-Laws Income Tax Mon, 30 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214263