https://www.taxtmi.com/caselaws?id=192172 The appeal was partly allowed with specific directions for the Assessing Officer (AO) and Transfer Pricing Officer (TPO) to treat foreign exchange gains as operating income, verify and correct working capital adjustments, exclude Goldstone Technologies Ltd. as a comparable, delete the disallowance under Section 14A, and recomputed margins and working capital adjustments correctly in the rectification proceedings. The levy of interest under Sections 234B and 234C was upheld as consequential. en-us Fri, 22 Apr 2016 00:00:00 +0530 Thu, 30 Nov 2017 10:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=192172 The appeal was partly allowed with specific directions for the Assessing Officer (AO) and Transfer Pricing Officer (TPO) to treat foreign exchange gains as operating income, verify and correct working capital adjustments, exclude Goldstone Technologies Ltd. as a comparable, delete the disallowance under Section 14A, and recomputed margins and working capital adjustments correctly in the rectification proceedings. The levy of interest under Sections 234B and 234C was upheld as consequential. Case-Laws Income Tax Fri, 22 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=192172