High Court Upholds ITAT Orders on Comparable Companies in Transfer Pricing

The High Court dismissed two appeals by the Revenue against orders of the Income Tax Appellate Tribunal regarding the exclusion and inclusion of companies in the final list of comparables for determining the Arm's Length Price of international transactions. The Court found no substantial question of law in the matter.

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The High Court dismissed two appeals by the Revenue against orders of the Income Tax Appellate Tribunal regarding the exclusion and inclusion of companies in the final list of comparables for determining the Arm's Length Price of international transactions. The Court found no substantial question of law in the matter.

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