https://www.taxtmi.com/caselaws?id=471679 Transfer-pricing analysis requires exclusion of software companies with product development, intellectual-property-led operations, diversified activities or unreliable segmental data when benchmarking a routine software development service provider. A captive cost-plus service provider that bears no working-capital risk should not receive a negative working-capital adjustment. For the SEZ deduction, expenses excluded from export turnover must also be excluded from total turnover; export-proceeds evidence and unit-formation conditions require verification. Claims involving reversal of previously disallowed provisions and short tax deduction require verification of payment, deduction, remittance and revenue-loss facts. Extension charges on leased land are not deductible without proof of accrual and quantification during the relevant year. en-us Mon, 07 Aug 2023 00:00:00 +0530 Tue, 15 Sep 2026 10:14:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471679 Transfer-pricing analysis requires exclusion of software companies with product development, intellectual-property-led operations, diversified activities or unreliable segmental data when benchmarking a routine software development service provider. A captive cost-plus service provider that bears no working-capital risk should not receive a negative working-capital adjustment. For the SEZ deduction, expenses excluded from export turnover must also be excluded from total turnover; export-proceeds evidence and unit-formation conditions require verification. Claims involving reversal of previously disallowed provisions and short tax deduction require verification of payment, deduction, remittance and revenue-loss facts. Extension charges on leased land are not deductible without proof of accrual and quantification during the relevant year. Case-Laws Income Tax Mon, 07 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471679