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2015 (12) TMI 1548 - AT - Income TaxTransfer pricing adjustment - comparable selection - Held that:- Comparable companies, performing the same specified support services as that of the assessee company cannot be found, and hence only companies which have broad comparative functional profile of undertaking support services in other fields, have to be taken as comparables. This is for the reason that the assessee is specialized in providing emergency assistance and support services to the members/clients of AE. Educational Consultant India Limited, ICRA Management & Consulting Services Ltd., Indian Tourism Development Corporation Ltd., excluded from the list of comparable companies Global Procurement Consultant Limited rightly be taken as the comparable by the TPO HCCA Business Services Pvt. Ltd. company is to be included as a comparable. - Decided partly in favour of assessee
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