https://www.taxtmi.com/caselaws?id=269599 The tribunal partly allowed the appeal, directing the exclusion of Infosys BPO Limited and eClerx Services Private Limited from the list of comparables and restoring certain issues to the TPO for re-examination. Other grounds raised by the assessee were dismissed or found to be premature. The tribunal upheld adjustments regarding the Arm's Length Principle for international transactions and the use of single-year data. It also addressed issues related to risk adjustment, treatment of outstanding receivables, penalty proceedings, and interest calculation. en-us Thu, 10 Dec 2015 00:00:00 +0530 Tue, 28 Mar 2017 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269599 The tribunal partly allowed the appeal, directing the exclusion of Infosys BPO Limited and eClerx Services Private Limited from the list of comparables and restoring certain issues to the TPO for re-examination. Other grounds raised by the assessee were dismissed or found to be premature. The tribunal upheld adjustments regarding the Arm's Length Principle for international transactions and the use of single-year data. It also addressed issues related to risk adjustment, treatment of outstanding receivables, penalty proceedings, and interest calculation. Case-Laws Income Tax Thu, 10 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269599