https://www.taxtmi.com/caselaws?id=355861 The appeals were partly allowed. The Tribunal directed the exclusion of M/s Eclerx Services Ltd. and M/s TCS E-serve Ltd. from the set of comparables, and the reduction of foreign currency expenditure from both export turnover and total turnover for section 10A deduction. The issue of penalty proceedings was deemed premature, and the charging of interest was considered consequential. en-us Thu, 15 Feb 2018 00:00:00 +0530 Mon, 19 Feb 2018 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355861 The appeals were partly allowed. The Tribunal directed the exclusion of M/s Eclerx Services Ltd. and M/s TCS E-serve Ltd. from the set of comparables, and the reduction of foreign currency expenditure from both export turnover and total turnover for section 10A deduction. The issue of penalty proceedings was deemed premature, and the charging of interest was considered consequential. Case-Laws Income Tax Thu, 15 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355861