https://www.taxtmi.com/caselaws?id=177567 The Tribunal partly allowed the appeal, directing the Assessing Officer to recompute the Arm's Length Price using the Transactional Net Margin Method for product replacement services and software development services. The Tribunal applied a turnover filter for comparables in the software development services case and instructed consistent treatment of foreign exchange gains/losses. The Tribunal also ruled in favor of the assessee regarding the reduction from export turnover for Section 10A deduction and directed relief on interest under Section 234D. Certain other grounds raised were not addressed as primary adjustments sufficed to align with the Arm's Length Price. en-us Fri, 29 Mar 2013 00:00:00 +0530 Wed, 07 Jun 2017 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177567 The Tribunal partly allowed the appeal, directing the Assessing Officer to recompute the Arm's Length Price using the Transactional Net Margin Method for product replacement services and software development services. The Tribunal applied a turnover filter for comparables in the software development services case and instructed consistent treatment of foreign exchange gains/losses. The Tribunal also ruled in favor of the assessee regarding the reduction from export turnover for Section 10A deduction and directed relief on interest under Section 234D. Certain other grounds raised were not addressed as primary adjustments sufficed to align with the Arm's Length Price. Case-Laws Income Tax Fri, 29 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177567