https://www.taxtmi.com/caselaws?id=253399 The Tribunal upheld the Commissioner of Income Tax (Appeals) [CIT(A)]'s decisions on both issues. The CIT(A) correctly directed the recomputation of the deduction under Section 10A by excluding telecommunication charges from both export turnover and total turnover. Additionally, the Tribunal agreed with the CIT(A)'s decision to exclude M/s. Eclerx Services Ltd. as a comparable for determining the Arm's Length Price due to its abnormal profit margin and dissimilarities with the assessee company. The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s rulings. en-us Fri, 04 Jul 2014 00:00:00 +0530 Mon, 24 Nov 2014 06:26:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253399 The Tribunal upheld the Commissioner of Income Tax (Appeals) [CIT(A)]'s decisions on both issues. The CIT(A) correctly directed the recomputation of the deduction under Section 10A by excluding telecommunication charges from both export turnover and total turnover. Additionally, the Tribunal agreed with the CIT(A)'s decision to exclude M/s. Eclerx Services Ltd. as a comparable for determining the Arm's Length Price due to its abnormal profit margin and dissimilarities with the assessee company. The Tribunal dismissed the Revenue's appeal, affirming the CIT(A)'s rulings. Case-Laws Income Tax Fri, 04 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253399