https://www.taxtmi.com/caselaws?id=397872 The ITAT allowed the appeal for A.Y. 2012-13 and partly allowed the appeal for A.Y. 2013-14. The Tribunal directed the TPO to include FOREX Fluctuation as operating income and excluded KPO service providers from comparables. Interest under section 234C was to be charged on returned income, and the disallowed computer depreciation was upheld. The Stay Application for A.Y. 2012-13 became moot. en-us Thu, 27 Aug 2020 00:00:00 +0530 Tue, 05 Nov 2024 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397872 The ITAT allowed the appeal for A.Y. 2012-13 and partly allowed the appeal for A.Y. 2013-14. The Tribunal directed the TPO to include FOREX Fluctuation as operating income and excluded KPO service providers from comparables. Interest under section 234C was to be charged on returned income, and the disallowed computer depreciation was upheld. The Stay Application for A.Y. 2012-13 became moot. Case-Laws Income Tax Thu, 27 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397872