https://www.taxtmi.com/caselaws?id=192074 The Tribunal upheld the inclusion of foreign exchange loss in net margin computation, directed consideration of turnover with AEs for ALP determination, excluded specific companies from comparables, rejected negative working capital adjustment, ruled against interest adjustment on outstanding receivables, allowed reworking of profit margin, provided relief on interest computation, upheld exclusion of E-Clerx Services Ltd from comparables, and supported reduction of telecommunication charges for deduction u/s 10A. The assessee's appeal was partly allowed, with adjustments made, while the Revenue's appeal was dismissed. en-us Mon, 12 Sep 2016 00:00:00 +0530 Thu, 11 May 2017 19:59:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192074 The Tribunal upheld the inclusion of foreign exchange loss in net margin computation, directed consideration of turnover with AEs for ALP determination, excluded specific companies from comparables, rejected negative working capital adjustment, ruled against interest adjustment on outstanding receivables, allowed reworking of profit margin, provided relief on interest computation, upheld exclusion of E-Clerx Services Ltd from comparables, and supported reduction of telecommunication charges for deduction u/s 10A. The assessee's appeal was partly allowed, with adjustments made, while the Revenue's appeal was dismissed. Case-Laws Income Tax Mon, 12 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192074