https://www.taxtmi.com/caselaws?id=303892 The Revenue's appeal challenging transfer pricing adjustments, exclusion of comparables, deductions under section 10A, treatment of foreign exchange gains/losses, and exclusion of specific expenses was dismissed. The Ld. CIT(A) upheld the rejection of certain comparables with high profits, directed inclusion of foreign exchange gains/losses in operational costs, and excluded specific expenses from turnover. Detailed analysis and precedents supported these decisions, aligning with established legal principles. The judgment provided thorough reasoning for each issue, emphasizing consistency with past judgments and factual analysis. en-us Fri, 18 Mar 2016 00:00:00 +0530 Tue, 23 Aug 2022 21:45:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=303892 The Revenue's appeal challenging transfer pricing adjustments, exclusion of comparables, deductions under section 10A, treatment of foreign exchange gains/losses, and exclusion of specific expenses was dismissed. The Ld. CIT(A) upheld the rejection of certain comparables with high profits, directed inclusion of foreign exchange gains/losses in operational costs, and excluded specific expenses from turnover. Detailed analysis and precedents supported these decisions, aligning with established legal principles. The judgment provided thorough reasoning for each issue, emphasizing consistency with past judgments and factual analysis. Case-Laws Income Tax Fri, 18 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=303892