https://www.taxtmi.com/caselaws?id=360537 The High Court granted the Revenue's request to add questions for amendment in the appeals, admitting them for consideration of substantial questions of law. The issues revolved around the exclusion of Alphageo India Ltd. from comparable companies, depreciation exclusion from operating costs for PLI calculation, deferred revenue expenditure in Arm's Length Price computation, and Tribunal's decisions on various expenditure interpretations. The Tribunal's exclusion of deferred revenue expenditure from operating costs was upheld based on the preoperative nature of the expenditure and the Agreement's reimbursement provisions. The High Court partially agreed with the Tribunal's decision, finding no legal question arising. en-us Tue, 01 May 2018 00:00:00 +0530 Fri, 18 May 2018 10:12:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360537 The High Court granted the Revenue's request to add questions for amendment in the appeals, admitting them for consideration of substantial questions of law. The issues revolved around the exclusion of Alphageo India Ltd. from comparable companies, depreciation exclusion from operating costs for PLI calculation, deferred revenue expenditure in Arm's Length Price computation, and Tribunal's decisions on various expenditure interpretations. The Tribunal's exclusion of deferred revenue expenditure from operating costs was upheld based on the preoperative nature of the expenditure and the Agreement's reimbursement provisions. The High Court partially agreed with the Tribunal's decision, finding no legal question arising. Case-Laws Income Tax Tue, 01 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360537