https://www.taxtmi.com/caselaws?id=429278 The Tribunal dismissed the Revenue's appeals for both assessment years, upholding the CIT(A)'s orders on all issues. The judgment reaffirmed principles of selecting the least complex entity as the tested party, treatment of software expenses based on their nature and utility, acceptance of reliable segmental accounts for transfer pricing analysis, and rejection of unjustified transfer pricing adjustments. en-us Tue, 18 Oct 2022 00:00:00 +0530 Thu, 20 Oct 2022 15:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429278 The Tribunal dismissed the Revenue's appeals for both assessment years, upholding the CIT(A)'s orders on all issues. The judgment reaffirmed principles of selecting the least complex entity as the tested party, treatment of software expenses based on their nature and utility, acceptance of reliable segmental accounts for transfer pricing analysis, and rejection of unjustified transfer pricing adjustments. Case-Laws Income Tax Tue, 18 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429278