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2018 (11) TMI 1710 - ITAT HYDERABAD
TP Adjustment - Comparable selection - HELD THAT:- The assessee-company, engaged in the business of providing software development and consulting services to its AE and also in rendering application development, maintenance, quality assurance and strategic guidance to its customers, the assessee entered into an international transaction with its AE (during the relevant financial year) for providing software development and consulting services thus companies functionally dissimilar with that of assessee need to be deselected from final list.
Working capital adjustment - HELD THAT:- No separate adjustment of the interest on receivables is required as already it has been considered while computing the working capital adjustment. See KUSUM HEALTH CARE PVT. LTD. [2017 (4) TMI 1254 - DELHI HIGH COURT]