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2016 (11) TMI 1509 - AT - Income TaxTPA - comparable selection criteria - functional comparability - Held that:- Services provided by the assessee are in the nature of Information Technology Enabled Services, thus companies functionally dissimilar with that of assessee need to be deselected from final list. Deduction u/s.10A - Held that:- Hon’ble Karnataka High Court in the case of CIT v M/s Tata Elxsi Ltd. & Others (2011 (8) TMI 782 - KARNATAKA HIGH COURT) had held that while computing the exemption u/s 10A, if the export turnover in the numerator is to be arrived at after excluding certain expenses, the same should also be excluded from the total turnover in the denominator.
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