https://www.taxtmi.com/caselaws?id=177516 The Tribunal upheld the Transfer Pricing Officer's adjustments in the Arm's Length Price of international transactions, including software and business support services. It supported the exclusion of certain comparables, rejected risk adjustments in profit margins, treated foreign exchange gains as revenue, denied deduction under Section 10A, and upheld the levy of interest under Section 234B. The appeal was dismissed, affirming the Assessing Officer's adjustments and the Dispute Resolution Panel's directions, finding the appellant's arguments unconvincing. en-us Fri, 22 Feb 2013 00:00:00 +0530 Sat, 18 Mar 2023 10:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177516 The Tribunal upheld the Transfer Pricing Officer's adjustments in the Arm's Length Price of international transactions, including software and business support services. It supported the exclusion of certain comparables, rejected risk adjustments in profit margins, treated foreign exchange gains as revenue, denied deduction under Section 10A, and upheld the levy of interest under Section 234B. The appeal was dismissed, affirming the Assessing Officer's adjustments and the Dispute Resolution Panel's directions, finding the appellant's arguments unconvincing. Case-Laws Income Tax Fri, 22 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177516