https://www.taxtmi.com/caselaws?id=359582 The tribunal confirmed the exclusion of depreciation from operating costs for Arm's Length Price (ALP) determination. It disagreed with the adjustment proposed by the Transfer Pricing Officer for the purchase of DSP Software and IP rights, directing the Assessing Officer to accept the purchase price as at Arm's Length. The tribunal allowed the assessee's appeal, dismissing the Revenue's appeal. en-us Fri, 27 Apr 2018 00:00:00 +0530 Tue, 01 May 2018 09:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359582 The tribunal confirmed the exclusion of depreciation from operating costs for Arm's Length Price (ALP) determination. It disagreed with the adjustment proposed by the Transfer Pricing Officer for the purchase of DSP Software and IP rights, directing the Assessing Officer to accept the purchase price as at Arm's Length. The tribunal allowed the assessee's appeal, dismissing the Revenue's appeal. Case-Laws Income Tax Fri, 27 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359582