https://www.taxtmi.com/caselaws?id=398974 The Tribunal partially allowed the appeals of both the assessee and the revenue in a case involving the determination of Arm's Length Price (ALP) for Software Development Services (SWD) and Information Technology Enabled Services (ITeS). The Transaction Net Margin Method (TNMM) was accepted as the Most Appropriate Method (MAM) for determining the ALP. The Tribunal directed the Transfer Pricing Officer (TPO) to recompute the ALP for SWD and ITeS segments and adjust the deduction under Section 10A in line with the High Court's decision. en-us Thu, 30 Jul 2020 00:00:00 +0530 Tue, 29 Sep 2020 07:01:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398974 The Tribunal partially allowed the appeals of both the assessee and the revenue in a case involving the determination of Arm's Length Price (ALP) for Software Development Services (SWD) and Information Technology Enabled Services (ITeS). The Transaction Net Margin Method (TNMM) was accepted as the Most Appropriate Method (MAM) for determining the ALP. The Tribunal directed the Transfer Pricing Officer (TPO) to recompute the ALP for SWD and ITeS segments and adjust the deduction under Section 10A in line with the High Court's decision. Case-Laws Income Tax Thu, 30 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398974