The Income Tax Appellate Tribunal (ITAT), Bengaluru Bench allowed working capital adjustment claim, thereby granting relief to M/s. Hewlett-Packard (India) Software Operation Pvt. Ltd. The assessee,M/s. Hewlett-Packard (India) Software Operation Pvt. Ltd is a private limited company and is the wholly owned subsidiary of Compaq Computer Holdings Ltd., Mauritius and is ultimately held by Hewlett…