https://www.taxtmi.com/caselaws?id=236758 Transfer pricing adjustments concerned exclusion of comparables with related party transactions exceeding 15% of turnover; those comparables were to be removed after verification (one comparable at 19.98% excluded). Reimbursements of travel and related costs were held to be pure cost reimbursements not payments for services and therefore excluded from adjustment under section 92CA, decided for the taxpayer. Purchase of computer software was characterised as capital expenditure forming part of profit-making apparatus; AO rightly treated it as capital and depreciation was appropriate, decided against the taxpayer. Write-off of unrecoverable rental deposit was held deductible as a loss incidental to business, decided for the taxpayer. en-us Fri, 22 Mar 2013 00:00:00 +0530 Mon, 02 Feb 2026 11:43:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236758 Transfer pricing adjustments concerned exclusion of comparables with related party transactions exceeding 15% of turnover; those comparables were to be removed after verification (one comparable at 19.98% excluded). Reimbursements of travel and related costs were held to be pure cost reimbursements not payments for services and therefore excluded from adjustment under section 92CA, decided for the taxpayer. Purchase of computer software was characterised as capital expenditure forming part of profit-making apparatus; AO rightly treated it as capital and depreciation was appropriate, decided against the taxpayer. Write-off of unrecoverable rental deposit was held deductible as a loss incidental to business, decided for the taxpayer. Case-Laws Income Tax Fri, 22 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236758