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    <title>2017 (11) TMI 716 - ITAT HYDERABAD</title>
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    <description>The tribunal partly allowed the assessee&#039;s appeal on Transfer Pricing (TP) adjustments, directing the Assessing Officer (AO) to reconsider the adjustments by excluding general software companies and focusing on companies involved in developing gaming software. The tribunal upheld the timeliness of the AO&#039;s final order, dismissing the objections raised by the assessee on this issue. The resolution of TP adjustments would impact the interest charged under Sections 234B and 234C of the Income Tax Act.</description>
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      <description>The tribunal partly allowed the assessee&#039;s appeal on Transfer Pricing (TP) adjustments, directing the Assessing Officer (AO) to reconsider the adjustments by excluding general software companies and focusing on companies involved in developing gaming software. The tribunal upheld the timeliness of the AO&#039;s final order, dismissing the objections raised by the assessee on this issue. The resolution of TP adjustments would impact the interest charged under Sections 234B and 234C of the Income Tax Act.</description>
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