Delhi HC Upholds ITAT Decision Excluding Comparables in Tax Appeal

The Delhi HC dismissed the Revenue's appeal under Section 260A of the Income Tax Act against the ITAT's order for AY 2010-11. The appeal involved the exclusion of comparables in the Transaction Net Margin Method analysis due to functional dissimilarity. The Court held that no substantial question of law arose in the case.

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The Delhi High Court dismissed the Revenue's appeal under Section 260A of the Income Tax Act, 1961 against the ITAT's order dated 3rd January, 2017 for the AY 2010-11. The appeal concerned the exclusion of comparables based on functional dissimilarity in the Transaction Net Margin Method analysis. The Court found no substantial question of law in the case.

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