https://www.taxtmi.com/caselaws?id=286416 The tribunal partially allowed the appeal, directing the exclusion of certain comparables (ICRA Techno Analytics Ltd, Persistent Systems Ltd, and Thirdware Solutions Ltd) and the inclusion of others (Cigniti Technologies Ltd, Caliber Point Business Solutions Ltd, and R Systems International Ltd) in a transfer pricing case concerning software services. The tribunal also instructed the Transfer Pricing Officer to permit risk adjustment in accordance with previous decisions. The penalty proceedings under Section 271(l)(c) were not extensively addressed in the tribunal's order. en-us Wed, 26 Sep 2018 00:00:00 +0530 Tue, 25 Feb 2020 17:34:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286416 The tribunal partially allowed the appeal, directing the exclusion of certain comparables (ICRA Techno Analytics Ltd, Persistent Systems Ltd, and Thirdware Solutions Ltd) and the inclusion of others (Cigniti Technologies Ltd, Caliber Point Business Solutions Ltd, and R Systems International Ltd) in a transfer pricing case concerning software services. The tribunal also instructed the Transfer Pricing Officer to permit risk adjustment in accordance with previous decisions. The penalty proceedings under Section 271(l)(c) were not extensively addressed in the tribunal's order. Case-Laws Income Tax Wed, 26 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286416