In ALP computation TPO to consider forex gain which is part of operating income of Assessee

ITAT MUMBAI BENCH ‘K’ S. Narendra versus Additional Commissioner of Income-tax-16(3) IT APPEAL NO. 6839 (MUM.) OF 2012 [ASSESSMENT YEAR 2008-09] FEBRUARY  8, 2013 ORDER I.P. Bansal, Judicial Member This appeal is filed by this assessee. It is directed against the Assessment Order dt. 5th October 2012 passed u/s. 143(3) r.w.s. 144C of the Income Tax Act, 1961 (Act). Assessment Order has been passed in pursuance of directions of Dispute Resolution Panel (DRP) given vide its order dt. 13th August, 2012. A copy of which has been placed on record. 2. This is a stay g...