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2018 (9) TMI 2006 - AT - Income TaxTP Adjustment - adjustment to Arm’s Length Price - comparable selection - whether the exclusion of one comparable company i.e Indusind Information Technology Ltd by the ld CITA is in order? - HELD THAT:- In assessee’s own case [2015 (6) TMI 677 - ITAT KOLKATA] for the immediately preceding assessment year, we hold that the said comparable i.e M/s Indusind Information Technology Ltd has been rightly excluded by the ld CITA considering the entirely different functional profile and hence not comparable with the assessee company as the said comparable was mainly into providing management consultancy services on information technology matters. Accordingly, the grounds raised by the revenue are dismissed.
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