https://www.taxtmi.com/caselaws?id=426653 The Tribunal upheld the exclusion of certain comparables based on size and turnover, confirmed the treatment of foreign exchange gains or losses as operating in nature, and directed re-examination of working capital adjustments and TDS credit claims. The case was remanded for reconsideration of the appropriate TP method for the Software Development Services segment, emphasizing the importance of functional comparability and consistent application of Transfer Pricing methods. en-us Fri, 29 Apr 2022 00:00:00 +0530 Tue, 23 Aug 2022 08:20:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426653 The Tribunal upheld the exclusion of certain comparables based on size and turnover, confirmed the treatment of foreign exchange gains or losses as operating in nature, and directed re-examination of working capital adjustments and TDS credit claims. The case was remanded for reconsideration of the appropriate TP method for the Software Development Services segment, emphasizing the importance of functional comparability and consistent application of Transfer Pricing methods. Case-Laws Income Tax Fri, 29 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426653