Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2018 (5) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (5) TMI 1009 - AT - Income TaxTPA - ALP determination - comparability analysis - functional dissimilarity - Held that:- We do not agree with the findings of the lower authorities that a captive sourcing service provider like the assessee can be considered functionally similar to a company providing liaisoning services like Axis Integrated Systems Ltd. Considering the functional dissimilarity between the assessee company and Axis Integrated Systems Services Ltd., we are unable to persuade ourselves to agree with the directions of the Ld. DRP in retaining this company as a comparable. We direct that Axis Integrated Systems Ltd. be excluded from the final set of comparables.
|