https://www.taxtmi.com/caselaws?id=264290 The Tribunal set aside the adjustment made by the Assessing Officer regarding brought forward losses before allowing deduction under Section 10A of the Income Tax Act, directing that the deduction be granted before any such adjustments. Additionally, the Tribunal remitted the determination of Arm's Length Price (ALP) concerning comparable companies back to the Assessing Officer for re-examination in accordance with Rule 10B(2) of the Income-tax Rules, emphasizing the consideration of all relevant factors for comparability analysis, including turnover, risk, and functional similarities. en-us Fri, 24 Jul 2015 00:00:00 +0530 Sat, 19 Sep 2015 16:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264290 The Tribunal set aside the adjustment made by the Assessing Officer regarding brought forward losses before allowing deduction under Section 10A of the Income Tax Act, directing that the deduction be granted before any such adjustments. Additionally, the Tribunal remitted the determination of Arm's Length Price (ALP) concerning comparable companies back to the Assessing Officer for re-examination in accordance with Rule 10B(2) of the Income-tax Rules, emphasizing the consideration of all relevant factors for comparability analysis, including turnover, risk, and functional similarities. Case-Laws Income Tax Fri, 24 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264290