IT/ILT-I : Where in transfer pricing proceedings, TPO made adjustment to assessee's ALP in respect of software development services, in view of fact that two comparables selected by TPO

IT/ILT-I : Where in transfer pricing proceedings, TPO made adjustment to assessee's ALP in respect of software development services, in view of fact that two comparables selected by TPO were improper on account of very high turnover, impugned adjustment was to be set aside and, matter was to

be remanded back for disposal afresh

IT/ILT-II : While computing deduction under section 10A, communication charges are to be reduced from export turnover as well as total turnover

IT/ILT-III : In terms of section 144C(5), Assessing Officer has to pass assessment order in conformity with direction of DRP

[2014] 44 taxmann.com 236 (Hyderabad - Trib.)

IN THE ITAT HYDERABAD BENCH 'A'

Adaptec (India) (P.) Ltd.

v.

Assistant Commissioner of Income-tax, Circle- 1(1), Hyderabad*