https://www.taxtmi.com/caselaws?id=239022 The Tribunal allowed the assessee's claim for deduction under section 10A of the Act, emphasizing that the relief is specific to the undertaking and not the owner. The Tribunal directed the AO to exclude foreign currency expenses for computing the deduction and granted the deduction u/s 10A. Regarding transfer pricing adjustments, the Tribunal directed the AO to recompute the ALP for software development and pre-sales services based on specified adjustments and verifications, partly allowing the appeal and restoring the issue for fresh examination. en-us Thu, 28 Feb 2013 00:00:00 +0530 Sun, 03 Nov 2013 12:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239022 The Tribunal allowed the assessee's claim for deduction under section 10A of the Act, emphasizing that the relief is specific to the undertaking and not the owner. The Tribunal directed the AO to exclude foreign currency expenses for computing the deduction and granted the deduction u/s 10A. Regarding transfer pricing adjustments, the Tribunal directed the AO to recompute the ALP for software development and pre-sales services based on specified adjustments and verifications, partly allowing the appeal and restoring the issue for fresh examination. Case-Laws Income Tax Thu, 28 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239022