https://www.taxtmi.com/caselaws?id=176430 The appeal was partly allowed for statistical purposes. The matter regarding Arms' Length Price (ALP) determination was remitted back to the Transfer Pricing Officer (TPO) for fresh consideration with specific directions. Telecommunication charges and foreign exchange loss were directed to be excluded from both total turnover and export turnover for computing deduction under section 10A. The levy of interest under section 234B was deemed mandatory and consequential, hence not further addressed. en-us Tue, 31 Jan 2012 00:00:00 +0530 Mon, 14 Aug 2017 19:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176430 The appeal was partly allowed for statistical purposes. The matter regarding Arms' Length Price (ALP) determination was remitted back to the Transfer Pricing Officer (TPO) for fresh consideration with specific directions. Telecommunication charges and foreign exchange loss were directed to be excluded from both total turnover and export turnover for computing deduction under section 10A. The levy of interest under section 234B was deemed mandatory and consequential, hence not further addressed. Case-Laws Income Tax Tue, 31 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176430