https://www.taxtmi.com/caselaws?id=351481 The appeal by the assessee was partly allowed, and the appeal by the revenue was dismissed. The Tribunal directed the inclusion of Akshay Software Technologies Ltd. in the final set of comparables, excluded interest income for Kuliza Technologies Pvt. Ltd. and Inteq Software Ltd., upheld single-year data for transfer pricing analysis, and made various adjustments to comparable companies based on functional dissimilarities and reliable data. The Tribunal also addressed working capital and risk differences through adjustments, limited the disallowance under section 14A, and provided specific directions for computing book profits under section 115JB. en-us Wed, 04 Oct 2017 00:00:00 +0530 Sat, 25 Nov 2017 09:06:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351481 The appeal by the assessee was partly allowed, and the appeal by the revenue was dismissed. The Tribunal directed the inclusion of Akshay Software Technologies Ltd. in the final set of comparables, excluded interest income for Kuliza Technologies Pvt. Ltd. and Inteq Software Ltd., upheld single-year data for transfer pricing analysis, and made various adjustments to comparable companies based on functional dissimilarities and reliable data. The Tribunal also addressed working capital and risk differences through adjustments, limited the disallowance under section 14A, and provided specific directions for computing book profits under section 115JB. Case-Laws Income Tax Wed, 04 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351481