https://www.taxtmi.com/caselaws?id=284475 The Tribunal ruled in favor of the Assessee in various issues, including TP analysis comparability based on precedent cases, the reduction of foreign currency expenses for deduction u/s 10A, and the exclusion of certain comparables. Working Capital Adjustment was rejected due to lack of objection and documentation. L & T Infotech Ltd. was directed to be excluded from comparables, while R S Software (India) Limited was included. The claim for deduction u/s 80G was dismissed for lack of discussion in assessment orders. The Assessee's claim for interest u/s 234D was partly rejected, resulting in partial allowance of the Assessee's appeal. en-us Wed, 24 Jan 2018 00:00:00 +0530 Sat, 25 Jan 2020 11:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284475 The Tribunal ruled in favor of the Assessee in various issues, including TP analysis comparability based on precedent cases, the reduction of foreign currency expenses for deduction u/s 10A, and the exclusion of certain comparables. Working Capital Adjustment was rejected due to lack of objection and documentation. L & T Infotech Ltd. was directed to be excluded from comparables, while R S Software (India) Limited was included. The claim for deduction u/s 80G was dismissed for lack of discussion in assessment orders. The Assessee's claim for interest u/s 234D was partly rejected, resulting in partial allowance of the Assessee's appeal. Case-Laws Income Tax Wed, 24 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284475