https://www.taxtmi.com/caselaws?id=750951 The ITAT Hyderabad restored multiple issues to the AO/TPO for fresh consideration after finding merit in the assessee's contentions. The tribunal directed reconsideration of TP margin computation for services provided to associated enterprises, noting that segmental operating margin rather than entity-level margin was considered. The adjustment for expatriate salary reimbursement was restored with direction for the assessee to produce the deputation agreement. Disallowance of miscellaneous expenditure as prior period/capital expenses was restored for verification of invoices and expenditure nature. The loss on projects issue was restored to DRP for verification under ICDS-III regarding construction contract accounting standards. All grounds were treated as allowed for statistical purposes. en-us Mon, 18 Mar 2024 00:00:00 +0530 Thu, 04 Apr 2024 08:20:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750951 The ITAT Hyderabad restored multiple issues to the AO/TPO for fresh consideration after finding merit in the assessee's contentions. The tribunal directed reconsideration of TP margin computation for services provided to associated enterprises, noting that segmental operating margin rather than entity-level margin was considered. The adjustment for expatriate salary reimbursement was restored with direction for the assessee to produce the deputation agreement. Disallowance of miscellaneous expenditure as prior period/capital expenses was restored for verification of invoices and expenditure nature. The loss on projects issue was restored to DRP for verification under ICDS-III regarding construction contract accounting standards. All grounds were treated as allowed for statistical purposes. Case-Laws Income Tax Mon, 18 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750951