https://www.taxtmi.com/caselaws?id=307314 The appeal was partly allowed, with directives for adjustments in customs duty, working capital, and provision for doubtful debts. The Tribunal upheld the treatment of foreign exchange loss and disallowance of brought forward business losses. Additionally, Hanon Climate Systems India Pvt. Ltd. was excluded as a comparable company. en-us Tue, 23 Nov 2021 00:00:00 +0530 Wed, 05 Apr 2023 22:12:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307314 The appeal was partly allowed, with directives for adjustments in customs duty, working capital, and provision for doubtful debts. The Tribunal upheld the treatment of foreign exchange loss and disallowance of brought forward business losses. Additionally, Hanon Climate Systems India Pvt. Ltd. was excluded as a comparable company. Case-Laws Income Tax Tue, 23 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307314