https://www.taxtmi.com/caselaws?id=191378 The ITAT Bangalore upheld the use of the Transactional Net Margin Method (TNMM) as the most appropriate method for determining arm's length price in the international transactions with associated enterprises. The assessee's profit margins of 16.25% for the software services segment and 15.73% for the ITeS segment were accepted. Comparables dissimilar to the assessee were excluded from the final list. Regarding deduction under section 10A, the AO was directed to reduce telecommunication expenses from both export turnover and total turnover, allowing the deduction accordingly. en-us Fri, 22 Apr 2016 00:00:00 +0530 Thu, 24 Jul 2025 13:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191378 The ITAT Bangalore upheld the use of the Transactional Net Margin Method (TNMM) as the most appropriate method for determining arm's length price in the international transactions with associated enterprises. The assessee's profit margins of 16.25% for the software services segment and 15.73% for the ITeS segment were accepted. Comparables dissimilar to the assessee were excluded from the final list. Regarding deduction under section 10A, the AO was directed to reduce telecommunication expenses from both export turnover and total turnover, allowing the deduction accordingly. Case-Laws Income Tax Fri, 22 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191378