https://www.taxtmi.com/caselaws?id=338417 The Tribunal partly allowed the appeal challenging transfer pricing adjustments, directing inclusion of specific comparables. It remanded the exclusion of a company for reconsideration and excluded a government entity from comparables. The appeal on foreign exchange differences was rejected. The disallowance of Section 10A deduction was remanded for verification. Relief for unabsorbed depreciation was noted as consequential. The interest under Section 234B was not specifically addressed. The overall outcome was mixed, with some grounds allowed, some remanded, and others rejected. The stay application was dismissed as infructuous. en-us Wed, 21 Dec 2016 00:00:00 +0530 Fri, 03 Feb 2017 11:08:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338417 The Tribunal partly allowed the appeal challenging transfer pricing adjustments, directing inclusion of specific comparables. It remanded the exclusion of a company for reconsideration and excluded a government entity from comparables. The appeal on foreign exchange differences was rejected. The disallowance of Section 10A deduction was remanded for verification. Relief for unabsorbed depreciation was noted as consequential. The interest under Section 234B was not specifically addressed. The overall outcome was mixed, with some grounds allowed, some remanded, and others rejected. The stay application was dismissed as infructuous. Case-Laws Income Tax Wed, 21 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338417