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2022 (6) TMI 340 - AT - Income TaxTP Adjustment - selection of comparable - Infosys BPO inclusion - HELD THAT:- We find similar issue has been considered by the Coordinate Bench of this Tribunal in Assessee’s own case [2020 (9) TMI 1257 - ITAT DELHI] M/s. Infosys BPO LTD. (erstwhile Infosys BPO Ltd.) has been excluded from the comparables. Since the margin would be within plus or Minus 5%, the Assessee’s international transaction is at Arm’s Length, the said fact has not disputed by the Ld. D.R. Therefore, the addition made in the issue under consideration will not sustain. Working capital adjustment - As relying on case of Kusum Healthcare Pvt. Ltd [2015 (4) TMI 180 - ITAT DELHI] once the impact of receivable on working capital is evaluated and the consequent profitability/pricing is compared vis-à-vis the draft comparables, there is no requirement of any further adjustment. Accordingly, we allow the grounds of appeal.
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