https://www.taxtmi.com/caselaws?id=282036 The Tribunal dismissed the revenue's appeal and the assessee's cross-objection. It upheld the exclusion of Acropetal Technologies Ltd. from the list of comparables and affirmed the decision regarding the deduction under section 10B. The Tribunal found that the comparables selected by the Transfer Pricing Officer were not appropriate, and the deduction under section 10B should be made independently. The decision was pronounced on October 31, 2018. en-us Wed, 31 Oct 2018 00:00:00 +0530 Fri, 19 Jul 2019 06:27:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282036 The Tribunal dismissed the revenue's appeal and the assessee's cross-objection. It upheld the exclusion of Acropetal Technologies Ltd. from the list of comparables and affirmed the decision regarding the deduction under section 10B. The Tribunal found that the comparables selected by the Transfer Pricing Officer were not appropriate, and the deduction under section 10B should be made independently. The decision was pronounced on October 31, 2018. Case-Laws Income Tax Wed, 31 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282036