Functional comparability under TNMM supported exclusion of ITeS comparables with R&D, intangibles, diversified operations, or unavailable segmental da...
Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
Assessee furnished sufficient documents proving financial creditworthiness, undisputed by Revenue. Revenue failed to provide any material disproving genuineness of transaction between assessee and supplier continuing from preceding year. Merely relying on information from Investigation Wing insufficient. No infirmity found in CIT(A)'s order deleting addition made by AO. Revenue's appeal dismissed.
Assessee furnished sufficient documents proving financial creditworthiness, undisputed by Revenue. Revenue failed to provide any material disproving genuineness of transaction between assessee and supplier continuing from preceding year. Merely relying on information from Investigation Wing insufficient. No infirmity found in CIT(A)'s order deleting addition made by AO. Revenue's appeal dismissed.
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