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    <title>2016 (1) TMI 1406 - ITAT HYDERABAD</title>
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    <description>The Tribunal allowed the assessee&#039;s appeal in part, directing the exclusion of certain comparable companies for Transfer Pricing adjustments and permitting &#039;Loyalty Rewards&#039; expenditure. The Tribunal remitted the issue of copyright infringement settlement expenses for further verification. The inclusion of specific companies as comparables was also remitted for reconsideration. The Tribunal upheld the reduction of telecommunication charges for Section 10A computation. The Revenue&#039;s appeal was dismissed.</description>
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      <description>The Tribunal allowed the assessee&#039;s appeal in part, directing the exclusion of certain comparable companies for Transfer Pricing adjustments and permitting &#039;Loyalty Rewards&#039; expenditure. The Tribunal remitted the issue of copyright infringement settlement expenses for further verification. The inclusion of specific companies as comparables was also remitted for reconsideration. The Tribunal upheld the reduction of telecommunication charges for Section 10A computation. The Revenue&#039;s appeal was dismissed.</description>
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