https://www.taxtmi.com/highlights?id=80392 TP Adjustment made by excluding two comparable companies due to excessive related party transactions, rendering them un-comparable. Other comparables to be considered for arm's length price computation. AO's jurisdiction over expenditure for support services upheld as consistent with TPO's acceptance over the years. Cost allocation methodology change disallowed. Depreciation allowance for intangible assets like customer contracts and workforce granted at 25% rate based on ITAT decision in the assessee's favor. Additional ground raised allowed. en-us Tue, 13 Aug 2024 07:07:39 +0530 Tue, 13 Aug 2024 07:07:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=80392 TP Adjustment made by excluding two comparable companies due to excessive related party transactions, rendering them un-comparable. Other comparables to be considered for arm's length price computation. AO's jurisdiction over expenditure for support services upheld as consistent with TPO's acceptance over the years. Cost allocation methodology change disallowed. Depreciation allowance for intangible assets like customer contracts and workforce granted at 25% rate based on ITAT decision in the assessee's favor. Additional ground raised allowed. Highlights Income Tax Tue, 13 Aug 2024 07:07:39 +0530 https://www.taxtmi.com/highlights?id=80392