https://www.taxtmi.com/caselaws?id=301172 The Tribunal partly allowed both the assessee's and the Revenue's appeals in a transfer pricing case. It directed the exclusion of certain comparables and remanded specific issues for fresh consideration. Depreciation on software and goodwill was allowed, and the assessee's claim for higher depreciation on servers and network equipment was upheld. The Tribunal disagreed with the working capital adjustment and rejected certain comparables, citing functional dissimilarities and diversified services. en-us Wed, 24 Nov 2021 00:00:00 +0530 Wed, 16 Mar 2022 10:16:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301172 The Tribunal partly allowed both the assessee's and the Revenue's appeals in a transfer pricing case. It directed the exclusion of certain comparables and remanded specific issues for fresh consideration. Depreciation on software and goodwill was allowed, and the assessee's claim for higher depreciation on servers and network equipment was upheld. The Tribunal disagreed with the working capital adjustment and rejected certain comparables, citing functional dissimilarities and diversified services. Case-Laws Income Tax Wed, 24 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301172