https://www.taxtmi.com/caselaws?id=372794 The Tribunal partly allowed the appeal by directing the exclusion of Engineers India Ltd. as a comparable company due to related party transactions, remanding the issue of Mahindra Consulting Engineers Ltd. for verification, including Petron Engineering Construction Ltd. as a comparable, and restoring the claim for 100% deduction under Section 10A to the Assessing Officer for fresh consideration. Penalty proceedings under Section 271(1)(c) were dismissed as not appealable. en-us Wed, 26 Dec 2018 00:00:00 +0530 Sat, 29 Dec 2018 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372794 The Tribunal partly allowed the appeal by directing the exclusion of Engineers India Ltd. as a comparable company due to related party transactions, remanding the issue of Mahindra Consulting Engineers Ltd. for verification, including Petron Engineering Construction Ltd. as a comparable, and restoring the claim for 100% deduction under Section 10A to the Assessing Officer for fresh consideration. Penalty proceedings under Section 271(1)(c) were dismissed as not appealable. Case-Laws Income Tax Wed, 26 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372794