https://www.taxtmi.com/caselaws?id=220263 The case involved transfer pricing adjustments, treatment of interest income, deduction under Section 10A of the Income Tax Act, and software expenses. The ITAT set aside the orders of the CIT (A) and TPO on transfer pricing, directing a fresh consideration by the AO. Interest income was upheld as "income from other sources," and communication line charges were excluded from total turnover for Section 10A deduction. The appeal was partly allowed for statistical purposes, with the transfer pricing issue remanded, interest income treatment upheld, and Section 10A deduction granted. The software expenses matter was withdrawn. en-us Wed, 05 Dec 2012 00:00:00 +0530 Thu, 17 Jan 2013 07:02:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220263 The case involved transfer pricing adjustments, treatment of interest income, deduction under Section 10A of the Income Tax Act, and software expenses. The ITAT set aside the orders of the CIT (A) and TPO on transfer pricing, directing a fresh consideration by the AO. Interest income was upheld as "income from other sources," and communication line charges were excluded from total turnover for Section 10A deduction. The appeal was partly allowed for statistical purposes, with the transfer pricing issue remanded, interest income treatment upheld, and Section 10A deduction granted. The software expenses matter was withdrawn. Case-Laws Income Tax Wed, 05 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220263