https://www.taxtmi.com/caselaws?id=399058 The appeal was partly allowed. The Tribunal directed the exclusion of Persistent Systems Ltd and Cybercom Datamatics Information Solutions Ltd from the comparability analysis, remanded the issue of Larsen & Toubro Infotech Ltd to the Dispute Resolution Panel, and sought clarification on the margin figures for Sasken Communication Technology Ltd. Claims for working capital and risk adjustments were dismissed due to lack of substantiation. Interest and penalty charges were also dismissed. en-us Tue, 29 Sep 2020 00:00:00 +0530 Thu, 01 Oct 2020 16:10:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399058 The appeal was partly allowed. The Tribunal directed the exclusion of Persistent Systems Ltd and Cybercom Datamatics Information Solutions Ltd from the comparability analysis, remanded the issue of Larsen & Toubro Infotech Ltd to the Dispute Resolution Panel, and sought clarification on the margin figures for Sasken Communication Technology Ltd. Claims for working capital and risk adjustments were dismissed due to lack of substantiation. Interest and penalty charges were also dismissed. Case-Laws Income Tax Tue, 29 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399058