https://www.taxtmi.com/caselaws?id=305750 The Tribunal allowed the appeal challenging transfer pricing adjustments in software development and ITES services for the assessment year 2013-14. The Tribunal agreed to exclude three comparable companies based on turnover criteria and directed the deletion of negative working capital adjustments for both segments. The decision favored the assessee, remanding the issue back to the AO/TPO for reevaluation in line with the judgment's directions. en-us Wed, 23 Mar 2022 00:00:00 +0530 Thu, 22 Dec 2022 21:07:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305750 The Tribunal allowed the appeal challenging transfer pricing adjustments in software development and ITES services for the assessment year 2013-14. The Tribunal agreed to exclude three comparable companies based on turnover criteria and directed the deletion of negative working capital adjustments for both segments. The decision favored the assessee, remanding the issue back to the AO/TPO for reevaluation in line with the judgment's directions. Case-Laws Income Tax Wed, 23 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305750