https://www.taxtmi.com/caselaws?id=176219 The Tribunal allowed the appeal, directing the deletion of the adjustment made by the TPO and upheld by the DRP. It concluded that the foreign exchange gain should be included in the operating profit for computing the margin, aligning with established legal precedents. As a result, the other issues raised by the assessee became academic and did not necessitate further adjudication. en-us Fri, 08 Feb 2013 00:00:00 +0530 Fri, 02 Jun 2017 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176219 The Tribunal allowed the appeal, directing the deletion of the adjustment made by the TPO and upheld by the DRP. It concluded that the foreign exchange gain should be included in the operating profit for computing the margin, aligning with established legal precedents. As a result, the other issues raised by the assessee became academic and did not necessitate further adjudication. Case-Laws Income Tax Fri, 08 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176219