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    <title>2018 (8) TMI 1196 - ITAT HYDERABAD</title>
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    <description>The Appellate Tribunal, ITAT Hyderabad, ruled in favor of the assessee, stating that no international transaction existed during the relevant financial year regarding the adjustment of profit under the profit Split Method. However, the Tribunal did not address the MAT credit eligibility, foreign tax credit eligibility, and the levying of interest under sections 234B and 234C, as the assessee chose not to pursue these grounds during the hearing.</description>
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      <description>The Appellate Tribunal, ITAT Hyderabad, ruled in favor of the assessee, stating that no international transaction existed during the relevant financial year regarding the adjustment of profit under the profit Split Method. However, the Tribunal did not address the MAT credit eligibility, foreign tax credit eligibility, and the levying of interest under sections 234B and 234C, as the assessee chose not to pursue these grounds during the hearing.</description>
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