https://www.taxtmi.com/caselaws?id=398335 The Tribunal partly allowed the appeals by both the revenue and the Assessee, dismissing one appeal as infructuous and allowing another for statistical purposes. The Assessee's claims regarding determination of Arm's Length Price for Software Development Services were partially upheld, with adjustments made in various areas including exclusion of certain expenses, turnover filter application, and risk adjustment. The Tribunal directed the AO to recompute the ALP, rectify errors, and provide the Assessee with an opportunity to present evidence in line with the Tribunal's directions. en-us Mon, 31 Aug 2020 00:00:00 +0530 Sat, 12 Sep 2020 14:25:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398335 The Tribunal partly allowed the appeals by both the revenue and the Assessee, dismissing one appeal as infructuous and allowing another for statistical purposes. The Assessee's claims regarding determination of Arm's Length Price for Software Development Services were partially upheld, with adjustments made in various areas including exclusion of certain expenses, turnover filter application, and risk adjustment. The Tribunal directed the AO to recompute the ALP, rectify errors, and provide the Assessee with an opportunity to present evidence in line with the Tribunal's directions. Case-Laws Income Tax Mon, 31 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398335