https://www.taxtmi.com/caselaws?id=294115 The Tribunal partially allowed the appeal, directing the TPO to recompute the interest rate using WIBOR + 1% for the international transaction. It also instructed the AO to recalculate the deduction under section 10A of the Income Tax Act without setting off losses from other business units, affirming that deductions should be unit-specific. The appeal was disposed of accordingly. en-us Fri, 04 Mar 2016 00:00:00 +0530 Tue, 12 Nov 2024 14:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294115 The Tribunal partially allowed the appeal, directing the TPO to recompute the interest rate using WIBOR + 1% for the international transaction. It also instructed the AO to recalculate the deduction under section 10A of the Income Tax Act without setting off losses from other business units, affirming that deductions should be unit-specific. The appeal was disposed of accordingly. Case-Laws Income Tax Fri, 04 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294115