https://www.taxtmi.com/caselaws?id=304000 The appeal was partly allowed. The Tribunal directed the Transfer Pricing Officer/Assessing Officer to recompute the Arm's Length Price of the international transaction for Software Development Services, excluding certain companies based on turnover and Related Party Transaction filters. The Assessing Officer was also instructed not to set off losses of non-Section 10A units against profits of Section 10A units before allowing the deduction under Section 10A, following the Supreme Court's decision in Yokogawa India Ltd. en-us Tue, 19 Apr 2022 00:00:00 +0530 Wed, 31 Aug 2022 05:44:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304000 The appeal was partly allowed. The Tribunal directed the Transfer Pricing Officer/Assessing Officer to recompute the Arm's Length Price of the international transaction for Software Development Services, excluding certain companies based on turnover and Related Party Transaction filters. The Assessing Officer was also instructed not to set off losses of non-Section 10A units against profits of Section 10A units before allowing the deduction under Section 10A, following the Supreme Court's decision in Yokogawa India Ltd. Case-Laws Income Tax Tue, 19 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304000