https://www.taxtmi.com/caselaws?id=767995 The ITAT Delhi ruled in favor of the assessee on multiple grounds. The TPO erred in computing working capital adjusted margins despite DRP directions to follow OECD guidelines, requiring remand to TPO for correction and fresh hearing. Two comparables, Magnasoft Consulting India Pvt. Ltd. and Aptus Software Labs Pvt. Ltd., were ordered to be excluded from transfer pricing analysis. The tribunal also allowed the Section 80G deduction claim, finding tax authorities incorrectly denied the benefit. en-us Wed, 26 Mar 2025 00:00:00 +0530 Mon, 04 May 2026 13:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767995 The ITAT Delhi ruled in favor of the assessee on multiple grounds. The TPO erred in computing working capital adjusted margins despite DRP directions to follow OECD guidelines, requiring remand to TPO for correction and fresh hearing. Two comparables, Magnasoft Consulting India Pvt. Ltd. and Aptus Software Labs Pvt. Ltd., were ordered to be excluded from transfer pricing analysis. The tribunal also allowed the Section 80G deduction claim, finding tax authorities incorrectly denied the benefit. Case-Laws Income Tax Wed, 26 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767995