https://www.taxtmi.com/caselaws?id=200640 The Tribunal partly allowed the appeal for statistical purposes, directing the Assessing Officer/Transfer Pricing Officer to recompute the Arm's Length Price and other adjustments in line with the provided guidelines. Various companies were excluded as comparables for software development services and ITeS segments due to functional dissimilarity, abnormal growth, high Related Party Transactions, lack of segmental data, and peculiar economic circumstances. The Tribunal also addressed issues related to computation of deduction under Section 10A, disallowance of expenses for non-deduction of tax at source, and interest levies under Sections 234B and 234D of the Income Tax Act. en-us Fri, 09 Dec 2016 00:00:00 +0530 Tue, 10 Apr 2018 08:22:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200640 The Tribunal partly allowed the appeal for statistical purposes, directing the Assessing Officer/Transfer Pricing Officer to recompute the Arm's Length Price and other adjustments in line with the provided guidelines. Various companies were excluded as comparables for software development services and ITeS segments due to functional dissimilarity, abnormal growth, high Related Party Transactions, lack of segmental data, and peculiar economic circumstances. The Tribunal also addressed issues related to computation of deduction under Section 10A, disallowance of expenses for non-deduction of tax at source, and interest levies under Sections 234B and 234D of the Income Tax Act. Case-Laws Income Tax Fri, 09 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200640