https://www.taxtmi.com/caselaws?id=384354 The Tribunal partly allowed the appeal, directing the exclusion of Acropetal Technologies Ltd. and Eclerx Services Ltd. from the list of comparables for benchmarking the international transaction of "Provision of Design Engineering Services." The appeal regarding the disallowance under section 43B was allowed, citing timely deposit of employees' contribution to the Provident Fund Scheme. The matter was remitted to the AO/TPO for reworking the arm's length price in line with the Tribunal's directions, ensuring the assessee's right to a fair hearing. en-us Thu, 08 Aug 2019 00:00:00 +0530 Mon, 12 Aug 2019 07:52:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384354 The Tribunal partly allowed the appeal, directing the exclusion of Acropetal Technologies Ltd. and Eclerx Services Ltd. from the list of comparables for benchmarking the international transaction of "Provision of Design Engineering Services." The appeal regarding the disallowance under section 43B was allowed, citing timely deposit of employees' contribution to the Provident Fund Scheme. The matter was remitted to the AO/TPO for reworking the arm's length price in line with the Tribunal's directions, ensuring the assessee's right to a fair hearing. Case-Laws Income Tax Thu, 08 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384354