https://www.taxtmi.com/caselaws?id=279695 The appeal was partly allowed, directing the computation of deduction under Section 10A to exclude a specific amount from both export turnover and total turnover. The Tribunal also instructed to set off unabsorbed depreciation after allowing the Section 10A deduction. Regarding the selection of comparable companies for determining the Arm's Length Price (ALP) in transfer pricing, the Tribunal directed the exclusion of certain companies based on turnover, functional dissimilarity, and segmental data considerations. The appeal on transfer pricing adjustments was partly allowed, while the penalty initiation under Section 271(1)(c) was rejected as premature. en-us Tue, 30 Jun 2015 00:00:00 +0530 Tue, 02 Apr 2019 07:16:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279695 The appeal was partly allowed, directing the computation of deduction under Section 10A to exclude a specific amount from both export turnover and total turnover. The Tribunal also instructed to set off unabsorbed depreciation after allowing the Section 10A deduction. Regarding the selection of comparable companies for determining the Arm's Length Price (ALP) in transfer pricing, the Tribunal directed the exclusion of certain companies based on turnover, functional dissimilarity, and segmental data considerations. The appeal on transfer pricing adjustments was partly allowed, while the penalty initiation under Section 271(1)(c) was rejected as premature. Case-Laws Income Tax Tue, 30 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279695