2017 (11) TMI 908 - ITAT DELHI

TPA - selection of comparable - Held that:- Assessee is engaged in rendering of services i.e. “Software Development Services”. It is also engaged in the business of rendering technical services related to tabulation, coding and software development. It is established to undertake and engaged in export of software, computer skilled manpower and other computer related activities to carry out development in the area of information technology, computer systems, software, application software, integrated tolls for computer systems and application development, data communication and network. Thus companies functionally dissimilar with that of assessee need to b deselected from final list of comparables.