https://www.taxtmi.com/caselaws?id=341896 The Tribunal partly allowed the appeal of the assessee, directing the Assessing Officer to recompute transfer pricing adjustments for software development services. The Tribunal excluded certain companies from comparables, allowed turnover filter adjustments, and directed risk profile adjustments. It rejected penalty proceedings initiation but dismissed the appeal against interest levy. The Tribunal emphasized consistent selection criteria for comparables and directed reassessment on expense reimbursements. The appeal outcome favored the assessee with specific re-computation directives. en-us Wed, 22 Mar 2017 00:00:00 +0530 Tue, 18 Apr 2017 11:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341896 The Tribunal partly allowed the appeal of the assessee, directing the Assessing Officer to recompute transfer pricing adjustments for software development services. The Tribunal excluded certain companies from comparables, allowed turnover filter adjustments, and directed risk profile adjustments. It rejected penalty proceedings initiation but dismissed the appeal against interest levy. The Tribunal emphasized consistent selection criteria for comparables and directed reassessment on expense reimbursements. The appeal outcome favored the assessee with specific re-computation directives. Case-Laws Income Tax Wed, 22 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341896