https://www.taxtmi.com/caselaws?id=289697 The Tribunal upheld the transfer pricing adjustment for the ITES segment, with certain comparables included and excluded, resulting in an adjustment of Rs. 14,560,915. The Tribunal directed the assessee to pursue other remedies for challenging the ALP adjustment on the purchase of fixed assets. The deduction u/s 10A for the STP unit was allowed, and the Tribunal directed the AO to grant full credit of TDS claimed. The revenue's appeal on interest on receivables was dismissed due to the tax effect being less than Rs. 20 lacs. en-us Fri, 03 Aug 2018 00:00:00 +0530 Mon, 17 Aug 2020 07:35:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289697 The Tribunal upheld the transfer pricing adjustment for the ITES segment, with certain comparables included and excluded, resulting in an adjustment of Rs. 14,560,915. The Tribunal directed the assessee to pursue other remedies for challenging the ALP adjustment on the purchase of fixed assets. The deduction u/s 10A for the STP unit was allowed, and the Tribunal directed the AO to grant full credit of TDS claimed. The revenue's appeal on interest on receivables was dismissed due to the tax effect being less than Rs. 20 lacs. Case-Laws Income Tax Fri, 03 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289697