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2017 (12) TMI 924 - AT - Income TaxTPA - selection of comparable - Held that:- Assessee is into IT Enabled Back Office Medical Transcription services as part of its business operation, providing medical transcription services exclusively to HCR Information Corporation USA, the ultimate holding company of The taxpayer - HBTS, thus companies functionally dissimilar with that of assessee need to be deselected from final list of comparability Entitled to deduction under section 10A - Held that:- Since DRP has given categoric direction to the AO to allow deduction to the taxpayer u/s 10A, the AO was under judicial discipline to carry out the deductions. So, the AO is directed to comply with the directions issued by ld. DRP. Consequently, Ground No.2.1 is determined in favour of the taxpayer.
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