https://www.taxtmi.com/caselaws?id=179648 The Tribunal ruled in favor of the assessee in a case involving adjustment of internet expenses in export turnover, denial of deduction under section 10A, setting off brought forward losses before the deduction under section 10A, and upward adjustment of prices by the Transfer Pricing Officer. The Tribunal directed the Assessing Officer to exclude an equal amount from the total turnover, granted the deduction under section 10A, and allowed the deduction before setting off brought forward losses. Additionally, the Tribunal found the TPO's price adjustment arbitrary and modified the ALP adjustment, partially allowing the assessee's appeal. en-us Tue, 08 Jan 2013 00:00:00 +0530 Mon, 07 Mar 2016 11:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179648 The Tribunal ruled in favor of the assessee in a case involving adjustment of internet expenses in export turnover, denial of deduction under section 10A, setting off brought forward losses before the deduction under section 10A, and upward adjustment of prices by the Transfer Pricing Officer. The Tribunal directed the Assessing Officer to exclude an equal amount from the total turnover, granted the deduction under section 10A, and allowed the deduction before setting off brought forward losses. Additionally, the Tribunal found the TPO's price adjustment arbitrary and modified the ALP adjustment, partially allowing the assessee's appeal. Case-Laws Income Tax Tue, 08 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179648