https://www.taxtmi.com/caselaws?id=309769 The Tribunal remitted the TP issue back to the Tax Authorities for reevaluation with accurate revenue segmentation. Regarding the deduction under section 10A, the Tribunal directed the AO to adjust the calculation by reducing communication and travel expenses from total turnover. The AO was also instructed to verify and potentially allow the set-off of brought forward losses. Issues concerning interest under sections 234B and 234C were deemed non-adjudicable. The appeal was allowed for statistical purposes, with the Tribunal's order pronounced on June 24, 2016. en-us Fri, 24 Jun 2016 00:00:00 +0530 Fri, 20 Dec 2024 14:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309769 The Tribunal remitted the TP issue back to the Tax Authorities for reevaluation with accurate revenue segmentation. Regarding the deduction under section 10A, the Tribunal directed the AO to adjust the calculation by reducing communication and travel expenses from total turnover. The AO was also instructed to verify and potentially allow the set-off of brought forward losses. Issues concerning interest under sections 234B and 234C were deemed non-adjudicable. The appeal was allowed for statistical purposes, with the Tribunal's order pronounced on June 24, 2016. Case-Laws Income Tax Fri, 24 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309769