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2016 (12) TMI 1712 - AT - Income TaxTPA - Comparable selection criteria - Held that:- Assessee is engaged in the business of providing software services, IT and IT enabled Services, thus companies functionally dissimilar with that of assessee need to be deselected from final list. Computation of deduction u/s. 10A - Held that:- This issue is squarely covered by the order of jurisdictional High Court in the case of CIT v. Tata Elxsi Ltd. [2011 (8) TMI 782 - KARNATAKA HIGH COURT] in which it has been held that whatever expenses are excluded from export turnover should also be excluded from the total turnover.
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