https://www.taxtmi.com/caselaws?id=308259 The appeal was partly allowed, with the Tribunal upholding the exclusion of subcontracting charges as part of operating costs, dismissing the inclusion of certain comparables due to functional dissimilarities and lack of segmental details, remanding the inclusion of other comparables for fresh consideration, and directing fresh assessment on interest on receivables, disallowance under Section 40(a)(i) for salary cost reimbursed, and denial of depreciation on leasehold improvements. The decision was based on ensuring accurate assessment and considering relevant legal precedents. en-us Fri, 30 Dec 2022 00:00:00 +0530 Sat, 10 Jun 2023 20:48:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308259 The appeal was partly allowed, with the Tribunal upholding the exclusion of subcontracting charges as part of operating costs, dismissing the inclusion of certain comparables due to functional dissimilarities and lack of segmental details, remanding the inclusion of other comparables for fresh consideration, and directing fresh assessment on interest on receivables, disallowance under Section 40(a)(i) for salary cost reimbursed, and denial of depreciation on leasehold improvements. The decision was based on ensuring accurate assessment and considering relevant legal precedents. Case-Laws Income Tax Fri, 30 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308259