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2020 (9) TMI 1282 - AT - Income TaxTP Adjustment - comparable selection - DRP excluded E-Infochips Ltd. on the ground of having service income less than 75% of sales, which is alleged to be contrary to observations of Ld.TPO - HELD THAT:- This Tribunal in case of Autodesk India Pvt Ltd. [2018 (12) TMI 1742 - ITAT BANGALORE] excluded E- Infochips Ltd., by following view taken by this Tribunal in case of Comscop Network (India) Pvt. Ltd. [2017 (2) TMI 1383 - ITAT BANGALORE] wherein, this company was excluded for reason that, there is no segmental information regarding diverse functions performed by this company and that there was major fluctuation in its profits, which influenced turnover of this company. Tribunal consistently in various decisions for A.Y: 2011-12 held that, this company does not satisfy service income filter being 75%. We therefore, do not see any reason to set aside this company to Ld.TPO - Ground raised by revenue stands dismissed.
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