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    <title>2017 (4) TMI 760 - ITAT BANGALORE</title>
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    <description>The Tribunal directed the AO to allow the deduction under Section 10A without setting off domestic losses, verify double deduction of expenses, disallow indirect administrative expenses under Section 14A, allow deduction of employees&#039; contributions to PF and ESI, exclude certain companies from comparables, compute arm&#039;s length interest on share application money, and exclude certain expenses from turnover calculations. The Tribunal partly allowed the assessee&#039;s appeal, dismissing the revenue&#039;s appeal and providing directions for correct deduction computation and transfer pricing adjustments.</description>
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    <pubDate>Wed, 22 Feb 2017 00:00:00 +0530</pubDate>
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      <title>2017 (4) TMI 760 - ITAT BANGALORE</title>
      <link>https://www.taxtmi.com/caselaws?id=341790</link>
      <description>The Tribunal directed the AO to allow the deduction under Section 10A without setting off domestic losses, verify double deduction of expenses, disallow indirect administrative expenses under Section 14A, allow deduction of employees&#039; contributions to PF and ESI, exclude certain companies from comparables, compute arm&#039;s length interest on share application money, and exclude certain expenses from turnover calculations. The Tribunal partly allowed the assessee&#039;s appeal, dismissing the revenue&#039;s appeal and providing directions for correct deduction computation and transfer pricing adjustments.</description>
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      <pubDate>Wed, 22 Feb 2017 00:00:00 +0530</pubDate>
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