https://www.taxtmi.com/caselaws?id=304039 The Tribunal partly allowed the assessee's appeal, rejecting certain grounds while providing detailed directions on transfer pricing adjustments for software development services, ITES segment, interest on AE receivables, management fees, and consultancy fees. The Tribunal excluded certain comparables for the SDS and ITES segments, directed verification of segmental details for specific companies, and remitted issues back to the TPO for further examination. The Tribunal also addressed corporate tax grounds, allowing education cess deduction but rejecting foreign tax payment deduction claims. Overall, the appeal was partly allowed with various issues referred back for re-examination by the TPO. en-us Wed, 06 Oct 2021 00:00:00 +0530 Sat, 03 Sep 2022 07:04:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=304039 The Tribunal partly allowed the assessee's appeal, rejecting certain grounds while providing detailed directions on transfer pricing adjustments for software development services, ITES segment, interest on AE receivables, management fees, and consultancy fees. The Tribunal excluded certain comparables for the SDS and ITES segments, directed verification of segmental details for specific companies, and remitted issues back to the TPO for further examination. The Tribunal also addressed corporate tax grounds, allowing education cess deduction but rejecting foreign tax payment deduction claims. Overall, the appeal was partly allowed with various issues referred back for re-examination by the TPO. Case-Laws Income Tax Wed, 06 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=304039