https://www.taxtmi.com/caselaws?id=343092 The Tribunal remitted the case to the AO/TPO for fresh determination of the arm's length price (ALP) for international transactions involving research and information services and information technology support services. The Tribunal excluded certain comparables for the research services due to functional dissimilarity and directed a reassessment of the nature of services for the IT support segment. Additionally, it upheld the treatment of interest on receivables as an international transaction and included forex gain/loss in operating revenue/costs. The appeal of the assessee was partly allowed, and the Revenue's appeal was dismissed. en-us Thu, 15 Dec 2016 00:00:00 +0530 Fri, 12 Jun 2026 12:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343092 The Tribunal remitted the case to the AO/TPO for fresh determination of the arm's length price (ALP) for international transactions involving research and information services and information technology support services. The Tribunal excluded certain comparables for the research services due to functional dissimilarity and directed a reassessment of the nature of services for the IT support segment. Additionally, it upheld the treatment of interest on receivables as an international transaction and included forex gain/loss in operating revenue/costs. The appeal of the assessee was partly allowed, and the Revenue's appeal was dismissed. Case-Laws Income Tax Thu, 15 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343092