https://www.taxtmi.com/caselaws?id=200568 The tribunal partly allowed the assessee's appeal for statistical purposes, dismissing the Revenue's appeal. Specific directions were given on the selection of comparables, treatment of provisions for bad debts, and working capital adjustments, in line with legal precedents. The exclusion of telecommunication charges from total turnover and export turnover was upheld. The tribunal directed the AO/TPO to re-compute margins by including bad debts and provision for bad and doubtful debts as operating expenses. Negative working capital adjustment was deemed unjustified for the captive service provider. en-us Tue, 31 Jan 2017 00:00:00 +0530 Thu, 05 Apr 2018 08:20:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200568 The tribunal partly allowed the assessee's appeal for statistical purposes, dismissing the Revenue's appeal. Specific directions were given on the selection of comparables, treatment of provisions for bad debts, and working capital adjustments, in line with legal precedents. The exclusion of telecommunication charges from total turnover and export turnover was upheld. The tribunal directed the AO/TPO to re-compute margins by including bad debts and provision for bad and doubtful debts as operating expenses. Negative working capital adjustment was deemed unjustified for the captive service provider. Case-Laws Income Tax Tue, 31 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200568