https://www.taxtmi.com/caselaws?id=399214 The Tribunal upheld the CIT(A)'s decision to allow the deduction under Section 10A of the Income-tax Act, finding no infirmity in the assessee's claim. Additionally, the Tribunal provided relief to the assessee by excluding certain companies from the list of comparables for transfer pricing adjustments, based on functional dissimilarity, abnormal profit margins, and high related party transactions. The revenue's appeal was dismissed, and the assessee's appeal was treated as allowed. en-us Fri, 18 Sep 2020 00:00:00 +0530 Mon, 05 Oct 2020 12:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399214 The Tribunal upheld the CIT(A)'s decision to allow the deduction under Section 10A of the Income-tax Act, finding no infirmity in the assessee's claim. Additionally, the Tribunal provided relief to the assessee by excluding certain companies from the list of comparables for transfer pricing adjustments, based on functional dissimilarity, abnormal profit margins, and high related party transactions. The revenue's appeal was dismissed, and the assessee's appeal was treated as allowed. Case-Laws Income Tax Fri, 18 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399214