https://www.taxtmi.com/caselaws?id=274304 The Tribunal partly allowed both the assessee's and the revenue's appeals, directing recomputation of the Arm's Length Price (ALP) and deductions under Section 10A based on the final set of comparables and principles laid down in the judgment. The Tribunal addressed issues related to ALP determination for software development services, exclusion of expenses in foreign currency, inclusion/exclusion of comparable companies in Transfer Pricing analysis, treatment of sub-contracting charges, jurisdictional/procedural issues, and treatment of forex loss in export turnover computation. The Tribunal upheld certain rejections and directed adjustments in line with its findings. en-us Wed, 21 Sep 2016 00:00:00 +0530 Mon, 06 Aug 2018 18:40:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274304 The Tribunal partly allowed both the assessee's and the revenue's appeals, directing recomputation of the Arm's Length Price (ALP) and deductions under Section 10A based on the final set of comparables and principles laid down in the judgment. The Tribunal addressed issues related to ALP determination for software development services, exclusion of expenses in foreign currency, inclusion/exclusion of comparable companies in Transfer Pricing analysis, treatment of sub-contracting charges, jurisdictional/procedural issues, and treatment of forex loss in export turnover computation. The Tribunal upheld certain rejections and directed adjustments in line with its findings. Case-Laws Income Tax Wed, 21 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274304