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    <title>2016 (5) TMI 1446 - ITAT BANGALORE</title>
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    <description>The Tribunal partially allowed the appeals by directing the exclusion of certain comparable companies, re-examination of others, and adjustment of the Arm&#039;s Length Price calculation. Relief was granted concerning the deduction under section 10A, with directions for the AO to provide consequential effects for the interest levied under sections 234B and 234D. The Tribunal addressed each issue raised by the assessee, providing detailed reasoning and specific directions for the AO and Transfer Pricing Officer to adhere to, ultimately resulting in partial success for the assessee.</description>
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      <link>https://www.taxtmi.com/caselaws?id=273755</link>
      <description>The Tribunal partially allowed the appeals by directing the exclusion of certain comparable companies, re-examination of others, and adjustment of the Arm&#039;s Length Price calculation. Relief was granted concerning the deduction under section 10A, with directions for the AO to provide consequential effects for the interest levied under sections 234B and 234D. The Tribunal addressed each issue raised by the assessee, providing detailed reasoning and specific directions for the AO and Transfer Pricing Officer to adhere to, ultimately resulting in partial success for the assessee.</description>
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      <pubDate>Fri, 13 May 2016 00:00:00 +0530</pubDate>
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