https://www.taxtmi.com/caselaws?id=184868 The Tribunal allowed the appeal for statistical purposes, directing the AO to reconsider the exclusion of Vakrangee Software Ltd. from the comparables and to recompute the Arm's Length Price (ALP) and deductions accordingly. Community welfare expenses were allowed, and brokerage and insurance claim refunds were included in the eligible profits for deduction under section 10B. The Tribunal did not focus on the initiation of penalty proceedings under section 271(1)(C). en-us Fri, 06 Dec 2013 00:00:00 +0530 Wed, 14 Dec 2016 15:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184868 The Tribunal allowed the appeal for statistical purposes, directing the AO to reconsider the exclusion of Vakrangee Software Ltd. from the comparables and to recompute the Arm's Length Price (ALP) and deductions accordingly. Community welfare expenses were allowed, and brokerage and insurance claim refunds were included in the eligible profits for deduction under section 10B. The Tribunal did not focus on the initiation of penalty proceedings under section 271(1)(C). Case-Laws Income Tax Fri, 06 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184868