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2020 (11) TMI 201 - AT - Income TaxRectification of mistake u/s 254 - TP Adjustment - Comparable selection - omission in the order of the Tribunal in the final conclusion on exclusion of the 4 companies viz., Sasken Communication Technologies Ltd., Persistent Systems Ltd., Tata Elxsi Ltd. and Infosys Ltd. - HELD THAT:- There has been an omission in the order of the Tribunal in the final conclusion on exclusion of the aforesaid 4 companies and the said omission constitutes a mistake apparent on the face of record. It is clear from the observations of the Tribunal that there was no dispute that these 4 companies were to be excluded in the light of decisions rendered in the cases referred to by the ld. counsel for the assessee and set out in the last para of page 6 of the order of Tribunal Order of Tribunal suffers from a mistake and the said mistake is rectified by adding the following sentence at the end of para 16 of the order of Tribunal:- “In the light of the aforesaid discussion, we direct the TPO to exclude all the 7 comparable companies set out in para 9 of the order of Tribunal from the list of comparable companies.” Miscellaneous petition by the assessee is allowed.
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