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ITAT Bangalore Rules Turnover Filter Relevant, Rejects Negative Working Capital Adjustment

17 Aug 2026 · 17 Aug 2026By CA Sandeep Kanoi

ITAT Bangalore excludes CG-VAK, Larsen & Toubro Infotech, Mindtree and Persistent Systems as comparables and rejects negative working capital adjustment for captive software services. The post ITAT Bangalore Rules Turnover Filter Relevant, Rejects Negative Working Capital Adjustment appeared first on TaxGuru .

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