https://www.taxtmi.com/caselaws?id=278056 The Tribunal directed the exclusion of various companies from the list of comparables for transfer pricing adjustments, including Acropetal Technologies Ltd., R.S. Software (India) Ltd., KALS Information System Ltd., Thirdware Solutions Ltd., E-Zest Solutions Ltd., Genesys International Corporation Ltd., Nucleus Netsoft and GIS India Ltd., E-Clerx Services Ltd., Cross Domain Solutions Ltd., Allsec Technologies Ltd., and Accentia Technologies Ltd. Additionally, the Tribunal instructed the AO to compute the deduction under Section 10A unit-wise and allowed the deduction for income from the IPSA. The Tribunal also directed the AO to examine the provision for expenditure and allowed deduction under Section 10A on enhanced profits due to disallowance under Section 40(a)(ia). en-us Fri, 20 Jul 2018 00:00:00 +0530 Thu, 28 May 2026 17:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278056 The Tribunal directed the exclusion of various companies from the list of comparables for transfer pricing adjustments, including Acropetal Technologies Ltd., R.S. Software (India) Ltd., KALS Information System Ltd., Thirdware Solutions Ltd., E-Zest Solutions Ltd., Genesys International Corporation Ltd., Nucleus Netsoft and GIS India Ltd., E-Clerx Services Ltd., Cross Domain Solutions Ltd., Allsec Technologies Ltd., and Accentia Technologies Ltd. Additionally, the Tribunal instructed the AO to compute the deduction under Section 10A unit-wise and allowed the deduction for income from the IPSA. The Tribunal also directed the AO to examine the provision for expenditure and allowed deduction under Section 10A on enhanced profits due to disallowance under Section 40(a)(ia). Case-Laws Income Tax Fri, 20 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278056