https://www.taxtmi.com/caselaws?id=177411 The Revenue's appeal challenging the exclusion of certain expenses for deduction u/s 10A of the IT Act was rejected by the Karnataka High Court, citing precedent. The Tribunal partially allowed the appeal regarding the rejection of certain companies as comparables, adhoc deduction from ALP, standard deduction from ALP, and working capital adjustment, emphasizing commercial considerations and legal amendments. The Tribunal's decisions reflect a comprehensive analysis of the issues at hand. en-us Fri, 19 Oct 2012 00:00:00 +0530 Sat, 03 Jun 2017 18:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177411 The Revenue's appeal challenging the exclusion of certain expenses for deduction u/s 10A of the IT Act was rejected by the Karnataka High Court, citing precedent. The Tribunal partially allowed the appeal regarding the rejection of certain companies as comparables, adhoc deduction from ALP, standard deduction from ALP, and working capital adjustment, emphasizing commercial considerations and legal amendments. The Tribunal's decisions reflect a comprehensive analysis of the issues at hand. Case-Laws Income Tax Fri, 19 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177411