https://www.taxtmi.com/caselaws?id=374161 The Tribunal partly allowed the appeal, directing the AO to consider the write back of provisions as operating income and include foreign exchange gain in operating income. It also instructed the exclusion of certain non-comparable companies from the final set of comparables. Other issues were not specifically addressed as their resolution became academic due to the key decisions made. en-us Mon, 21 Jan 2019 00:00:00 +0530 Mon, 28 Jan 2019 07:47:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374161 The Tribunal partly allowed the appeal, directing the AO to consider the write back of provisions as operating income and include foreign exchange gain in operating income. It also instructed the exclusion of certain non-comparable companies from the final set of comparables. Other issues were not specifically addressed as their resolution became academic due to the key decisions made. Case-Laws Income Tax Mon, 21 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374161