https://www.taxtmi.com/caselaws?id=342328 The Tribunal upheld the assessment proceedings conducted in the name of a non-existing entity, citing the effective merger date and separate assessments for the amalgamating and amalgamated companies. It ruled in favor of including foreign exchange fluctuation gains in both export and total turnover for deduction u/s 10A but excluded miscellaneous income due to lack of specific details. The Tribunal directed independent computation for each STPI unit and excluded certain companies from the list of comparables in transfer pricing analysis. Working capital adjustments and exclusion of communication charges were subject to further verification. en-us Fri, 28 Apr 2017 00:00:00 +0530 Tue, 02 May 2017 08:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342328 The Tribunal upheld the assessment proceedings conducted in the name of a non-existing entity, citing the effective merger date and separate assessments for the amalgamating and amalgamated companies. It ruled in favor of including foreign exchange fluctuation gains in both export and total turnover for deduction u/s 10A but excluded miscellaneous income due to lack of specific details. The Tribunal directed independent computation for each STPI unit and excluded certain companies from the list of comparables in transfer pricing analysis. Working capital adjustments and exclusion of communication charges were subject to further verification. Case-Laws Income Tax Fri, 28 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342328