https://www.taxtmi.com/caselaws?id=362627 The Tribunal ruled in favor of the assessee regarding the treatment of foreign exchange gains as part of operating profits, and directed the exclusion of a specific company from the list of comparables for transfer pricing. However, the Tribunal dismissed the claims for risk adjustment but remanded the issue of working capital adjustments for further computation by the AO. The appeal was partially allowed, with the decision pronounced on 27th June, 2018. en-us Wed, 27 Jun 2018 00:00:00 +0530 Fri, 29 Jun 2018 07:17:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362627 The Tribunal ruled in favor of the assessee regarding the treatment of foreign exchange gains as part of operating profits, and directed the exclusion of a specific company from the list of comparables for transfer pricing. However, the Tribunal dismissed the claims for risk adjustment but remanded the issue of working capital adjustments for further computation by the AO. The appeal was partially allowed, with the decision pronounced on 27th June, 2018. Case-Laws Income Tax Wed, 27 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362627