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2017 (2) TMI 802 - AT - Income TaxTPA - selection of comparable - inclusion of M/s. Anshuni Commercials Ltd in the final set of comparables - Held that:- Turnover filter is being selectively sought to be used by the Revenue to exclude M/s.Anshuni Commercials Ltd., whereas the surviving comparables have not been put to such a test by the Transfer Pricing Officer. Therefore, following the decision of the Hon'ble Delhi High Court in the case of M/s. Nortel Networks India A. Pvt. Ltd.(2015 (3) TMI 14 - DELHI HIGH COURT ), the stand of the Revenue seeking exclusion of M/s. Anshuni Commercials Ltd. from the set of final comparables is quite untenable and is hereby rejected.
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