https://www.taxtmi.com/caselaws?id=351252 The Tribunal set aside the Transfer Pricing issue for software development services and ITES for a fresh examination, emphasizing the need for a comprehensive review of functional comparability. The ground regarding R System International Limited was dismissed as not pressed by the assessee. The Tribunal ruled in favor of the assessee concerning the treatment of travel expenses for computing deductions under Section 10A of the IT Act, following a precedent that required reducing both export and total turnover by the same amount. en-us Fri, 08 Sep 2017 00:00:00 +0530 Wed, 22 Nov 2017 08:24:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351252 The Tribunal set aside the Transfer Pricing issue for software development services and ITES for a fresh examination, emphasizing the need for a comprehensive review of functional comparability. The ground regarding R System International Limited was dismissed as not pressed by the assessee. The Tribunal ruled in favor of the assessee concerning the treatment of travel expenses for computing deductions under Section 10A of the IT Act, following a precedent that required reducing both export and total turnover by the same amount. Case-Laws Income Tax Fri, 08 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351252