https://www.taxtmi.com/caselaws?id=370826 The tribunal ruled in favor of the assessee, directing the AO/TPO to include foreign exchange fluctuation gain as operating income for computing the Profit Level Indicator. Additionally, the tribunal ordered the grant of working capital adjustment to the assessee and instructed a reconsideration of the inclusion and exclusion of certain comparables in the transfer pricing analysis based on specific guidelines. The decision was issued on 22-11-2018. en-us Thu, 22 Nov 2018 00:00:00 +0530 Sat, 24 Nov 2018 07:26:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370826 The tribunal ruled in favor of the assessee, directing the AO/TPO to include foreign exchange fluctuation gain as operating income for computing the Profit Level Indicator. Additionally, the tribunal ordered the grant of working capital adjustment to the assessee and instructed a reconsideration of the inclusion and exclusion of certain comparables in the transfer pricing analysis based on specific guidelines. The decision was issued on 22-11-2018. Case-Laws Income Tax Thu, 22 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370826