https://www.taxtmi.com/caselaws?id=306319 The appeal was partly allowed, with significant relief granted on the issues of transfer pricing adjustments and disallowances under section 40(a)(ia). The Tribunal directed the exclusion of government companies from the comparables set, deleted the adjustment for interest on receivables, and ordered the AO to delete the disallowance of expenses under section 40(a)(ia) based on consistency with earlier years' findings and legal precedents. en-us Fri, 04 Dec 2020 00:00:00 +0530 Sat, 21 Jan 2023 15:19:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306319 The appeal was partly allowed, with significant relief granted on the issues of transfer pricing adjustments and disallowances under section 40(a)(ia). The Tribunal directed the exclusion of government companies from the comparables set, deleted the adjustment for interest on receivables, and ordered the AO to delete the disallowance of expenses under section 40(a)(ia) based on consistency with earlier years' findings and legal precedents. Case-Laws Income Tax Fri, 04 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306319