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2015 (8) TMI 1437 - AT - Income TaxTPA - exclusion of comparables - functional similarity - Held that:- Assessee a company engaged in the business of providing software design and maintenance service and marketing support had operating revenues, thus companies functionally dissimilar with that of assessee need to be deselected from final list. Exclusion of telecommunication and other expenses incurred in foreign currency from total turnover also while computing deduction u/s. 10A - Held that:- The issue regarding parity between total turnover and export turnover stands already resolved by the Hon'ble jurisdictional High Court in the case of CIT v. Tata Elxsi Ltd. [2011 (8) TMI 782 - KARNATAKA HIGH COURT ]
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