https://www.taxtmi.com/caselaws?id=310580 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s decisions across all issues. The adjustments in arm's length price for international transactions were deemed unnecessary as the assessee's profit margin was within acceptable limits. The exemption under section 10A was granted for the STP unit, as it was not considered an extension of an existing unit. Additionally, the addition of prior period expenses was removed, aligning with the Gujarat HC's precedent. The Tribunal confirmed the CIT(A)'s findings, maintaining the original order without modification. en-us Fri, 17 Jun 2011 00:00:00 +0530 Wed, 01 Nov 2023 12:43:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310580 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s decisions across all issues. The adjustments in arm's length price for international transactions were deemed unnecessary as the assessee's profit margin was within acceptable limits. The exemption under section 10A was granted for the STP unit, as it was not considered an extension of an existing unit. Additionally, the addition of prior period expenses was removed, aligning with the Gujarat HC's precedent. The Tribunal confirmed the CIT(A)'s findings, maintaining the original order without modification. Case-Laws Income Tax Fri, 17 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310580