https://www.taxtmi.com/caselaws?id=197025 The Tribunal partly allowed the appeal, directing the AO to re-calculate deductions under Section 10A by reducing both export and total turnover by the same amount of foreign currency expenses. The Tribunal also directed the exclusion of 11 comparables from the TP analysis and instructed the AO to re-compute the arm's length price accordingly. The appeal was allowed for statistical purposes, ensuring that the AO follows proper legal procedures and provides the assessee with adequate opportunities to be heard. en-us Tue, 18 Oct 2016 00:00:00 +0530 Fri, 22 Dec 2017 08:07:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197025 The Tribunal partly allowed the appeal, directing the AO to re-calculate deductions under Section 10A by reducing both export and total turnover by the same amount of foreign currency expenses. The Tribunal also directed the exclusion of 11 comparables from the TP analysis and instructed the AO to re-compute the arm's length price accordingly. The appeal was allowed for statistical purposes, ensuring that the AO follows proper legal procedures and provides the assessee with adequate opportunities to be heard. Case-Laws Income Tax Tue, 18 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197025