https://www.taxtmi.com/caselaws?id=253790 The Tribunal partly allowed the assessee's appeal, remanding the TP adjustment issue with Virtusa, UK, and the selection of comparables back to the CIT(A) for fresh consideration. The revenue's appeal was dismissed, upholding the exclusion of communication expenses and insurance charges from export and total turnover, and treating disallowances under sections 40(a)(ia) and 43B as part of business profit for deduction under section 10A. en-us Tue, 16 Sep 2014 00:00:00 +0530 Thu, 04 Dec 2014 09:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253790 The Tribunal partly allowed the assessee's appeal, remanding the TP adjustment issue with Virtusa, UK, and the selection of comparables back to the CIT(A) for fresh consideration. The revenue's appeal was dismissed, upholding the exclusion of communication expenses and insurance charges from export and total turnover, and treating disallowances under sections 40(a)(ia) and 43B as part of business profit for deduction under section 10A. Case-Laws Income Tax Tue, 16 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253790