https://www.taxtmi.com/caselaws?id=285915 The Tribunal partially allowed the appeal, remanding certain issues back to the Transfer Pricing Officer (TPO) for fresh decision and directing the Assessing Officer (AO) to recompute the deduction under Section 10AA in line with the Karnataka High Court's judgment. The Tribunal rejected the appellant's arguments on the inclusion of specific comparables in both the software development and IT Enabled Services (ITES) segments. Penalty proceedings under Section 271(1)(c) were not specifically addressed in the detailed analysis. en-us Fri, 26 Oct 2018 00:00:00 +0530 Tue, 04 Feb 2020 12:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285915 The Tribunal partially allowed the appeal, remanding certain issues back to the Transfer Pricing Officer (TPO) for fresh decision and directing the Assessing Officer (AO) to recompute the deduction under Section 10AA in line with the Karnataka High Court's judgment. The Tribunal rejected the appellant's arguments on the inclusion of specific comparables in both the software development and IT Enabled Services (ITES) segments. Penalty proceedings under Section 271(1)(c) were not specifically addressed in the detailed analysis. Case-Laws Income Tax Fri, 26 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285915