https://www.taxtmi.com/caselaws?id=195540 The appeal was partly allowed with specific directions for fresh examination and recomputation on various issues. The transfer pricing adjustment in the IT-enabled service segment was dismissed. The disallowance under Section 40(a)(i) was overturned by the Delhi High Court. The reduction of deduction under Section 10A was adjusted to include certain expenses. The exclusion of interest income in the recomputation of deduction under Section 10A was clarified. The transfer pricing adjustment in the software development services segment was remitted for fresh determination of the arm's length price. en-us Fri, 04 Nov 2016 00:00:00 +0530 Fri, 03 Nov 2017 10:10:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195540 The appeal was partly allowed with specific directions for fresh examination and recomputation on various issues. The transfer pricing adjustment in the IT-enabled service segment was dismissed. The disallowance under Section 40(a)(i) was overturned by the Delhi High Court. The reduction of deduction under Section 10A was adjusted to include certain expenses. The exclusion of interest income in the recomputation of deduction under Section 10A was clarified. The transfer pricing adjustment in the software development services segment was remitted for fresh determination of the arm's length price. Case-Laws Income Tax Fri, 04 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195540