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2018 (8) TMI 1202 - AT - Income TaxTransfer pricing - arm’s length price of international transaction related to provision of I.T. services - selection of comparable - inclusion and exclusions - Held that:- In so far as E-Infochips Bangalore Ltd is concerned, From a careful perusal of the profit of this company, we find that this company is equipped to carry out high-end technology driven services and product development which is not the Profile of the assessee. This company has been rightly excluded from the final set of comparables by the DRP. Hence no interference is called for. Coming to Infinite Data Systems Private Limited, tt can be safely concluded that the business profile of the Infinite Data Systems Private Limited does not match with that of the assessee. Therefore, the DRP has rightly excluded this company from the final set of comparables. No interference is called for. Decided against the revenue.
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