https://www.taxtmi.com/caselaws?id=220655 The Tribunal upheld the CIT(A)'s decisions on both issues. The Comparable Uncontrolled Price (CUP) method adopted by the assessee for determining the Arm's Length Price (ALP) was deemed appropriate, rejecting the Transfer Pricing Officer's (TPO) application of the Transactional Net Margin Method (TNMM). Additionally, the exclusion of telecommunication charges from both export turnover and total turnover for the purpose of computing deduction under Section 10A of the Income Tax Act was affirmed, following consistent judicial precedents. The Revenue's appeal was dismissed. en-us Fri, 19 Oct 2012 00:00:00 +0530 Tue, 28 May 2013 13:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220655 The Tribunal upheld the CIT(A)'s decisions on both issues. The Comparable Uncontrolled Price (CUP) method adopted by the assessee for determining the Arm's Length Price (ALP) was deemed appropriate, rejecting the Transfer Pricing Officer's (TPO) application of the Transactional Net Margin Method (TNMM). Additionally, the exclusion of telecommunication charges from both export turnover and total turnover for the purpose of computing deduction under Section 10A of the Income Tax Act was affirmed, following consistent judicial precedents. The Revenue's appeal was dismissed. Case-Laws Income Tax Fri, 19 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220655