https://www.taxtmi.com/caselaws?id=395479 The Tribunal upheld the total income assessment by the AO, based on DRP directions. It affirmed the addition to total income for IT-enabled services below arm's length price. The final assessment order was deemed valid. The Tribunal supported the TPO's economic analysis and use of relevant year data. Various filters were addressed, with adjustments directed for comparables and operating margins. Specific companies were excluded from comparison due to dissimilarities. Issues like risk profile adjustments and interest on receivables were discussed. The appeal was partly allowed, with certain matters remanded for reconsideration by the AO/TPO. en-us Thu, 21 May 2020 00:00:00 +0530 Sat, 23 May 2020 10:43:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395479 The Tribunal upheld the total income assessment by the AO, based on DRP directions. It affirmed the addition to total income for IT-enabled services below arm's length price. The final assessment order was deemed valid. The Tribunal supported the TPO's economic analysis and use of relevant year data. Various filters were addressed, with adjustments directed for comparables and operating margins. Specific companies were excluded from comparison due to dissimilarities. Issues like risk profile adjustments and interest on receivables were discussed. The appeal was partly allowed, with certain matters remanded for reconsideration by the AO/TPO. Case-Laws Income Tax Thu, 21 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395479