<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2020 (6) TMI 154 - ITAT HYDERABAD</title>
    <link>https://www.taxtmi.com/caselaws?id=395779</link>
    <description>The Tribunal remanded transfer pricing matters back to the TPO for a fresh economic analysis, emphasizing uniformity in data selection and comparables. The AO was directed to reconsider margin computation, foreign exchange loss treatment, and working capital adjustment. Regarding corporate tax issues, the AO was instructed to review expenditure disallowance and grant correct TDS credit. The Tribunal directed corrections in tax demand adjustments. Both appeals were partly allowed for statistical purposes, stressing the importance of consistency and adherence to legal principles in transfer pricing and tax assessments.</description>
    <language>en-us</language>
    <pubDate>Thu, 04 Jun 2020 00:00:00 +0530</pubDate>
    <lastBuildDate>Sat, 06 Jun 2020 11:42:25 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=614642" rel="self" type="application/rss+xml"/>
    <item>
      <title>2020 (6) TMI 154 - ITAT HYDERABAD</title>
      <link>https://www.taxtmi.com/caselaws?id=395779</link>
      <description>The Tribunal remanded transfer pricing matters back to the TPO for a fresh economic analysis, emphasizing uniformity in data selection and comparables. The AO was directed to reconsider margin computation, foreign exchange loss treatment, and working capital adjustment. Regarding corporate tax issues, the AO was instructed to review expenditure disallowance and grant correct TDS credit. The Tribunal directed corrections in tax demand adjustments. Both appeals were partly allowed for statistical purposes, stressing the importance of consistency and adherence to legal principles in transfer pricing and tax assessments.</description>
      <category>Case-Laws</category>
      <law>Income Tax</law>
      <pubDate>Thu, 04 Jun 2020 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=395779</guid>
    </item>
  </channel>
</rss>