https://www.taxtmi.com/caselaws?id=252370 The Tribunal partly allowed the assessee's appeal, directing the exclusion of certain comparables due to functional dissimilarity and other reasons. The issue of management fees disallowed in the computation of operating margin was remitted for review to avoid double addition. Similarly, the computation of working capital adjustment was also remitted for reassessment to potentially change the adjustment. The denial of exemption claimed under section 10A was upheld, except for allowing deduction for the converted unit. The issues of interest levy and penalty proceedings were not adjudicated at that stage. en-us Fri, 27 Jun 2014 00:00:00 +0530 Mon, 20 Oct 2014 06:27:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252370 The Tribunal partly allowed the assessee's appeal, directing the exclusion of certain comparables due to functional dissimilarity and other reasons. The issue of management fees disallowed in the computation of operating margin was remitted for review to avoid double addition. Similarly, the computation of working capital adjustment was also remitted for reassessment to potentially change the adjustment. The denial of exemption claimed under section 10A was upheld, except for allowing deduction for the converted unit. The issues of interest levy and penalty proceedings were not adjudicated at that stage. Case-Laws Income Tax Fri, 27 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252370