https://www.taxtmi.com/caselaws?id=294314 The appeal filed by the assessee was allowed, with various issues set aside for reconsideration and verification by the AO/TPO. The Tribunal provided detailed directions on the inclusion/exclusion of comparables, treatment of notional interest on trade receivables, and service tax paid on expenses. The Tribunal directed the exclusion of certain comparables for both software development and sales/marketing segments due to functional dissimilarities and related party transactions. The issue of levy of interest under sections 234A and 234B was deemed consequential and not requiring adjudication. en-us Fri, 24 Apr 2020 00:00:00 +0530 Mon, 05 Apr 2021 19:50:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294314 The appeal filed by the assessee was allowed, with various issues set aside for reconsideration and verification by the AO/TPO. The Tribunal provided detailed directions on the inclusion/exclusion of comparables, treatment of notional interest on trade receivables, and service tax paid on expenses. The Tribunal directed the exclusion of certain comparables for both software development and sales/marketing segments due to functional dissimilarities and related party transactions. The issue of levy of interest under sections 234A and 234B was deemed consequential and not requiring adjudication. Case-Laws Income Tax Fri, 24 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294314