https://www.taxtmi.com/caselaws?id=397865 The case involved issues concerning the determination of Arm's Length Price (ALP) for software development services, inclusion/exclusion of comparable companies in Transfer Pricing analysis, working capital adjustment computation, treatment of retirement provision, and disallowance of project-specific costs. The Tribunal partly allowed appeals by both the assessee and the revenue. Specific directions were given for reconsideration of certain aspects by the Transfer Pricing Officer/Assessing Officer. The judgment stressed adherence to legal principles and prior Tribunal decisions in determining comparability and financial adjustments. en-us Fri, 21 Aug 2020 00:00:00 +0530 Mon, 31 Aug 2020 17:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397865 The case involved issues concerning the determination of Arm's Length Price (ALP) for software development services, inclusion/exclusion of comparable companies in Transfer Pricing analysis, working capital adjustment computation, treatment of retirement provision, and disallowance of project-specific costs. The Tribunal partly allowed appeals by both the assessee and the revenue. Specific directions were given for reconsideration of certain aspects by the Transfer Pricing Officer/Assessing Officer. The judgment stressed adherence to legal principles and prior Tribunal decisions in determining comparability and financial adjustments. Case-Laws Income Tax Fri, 21 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397865