https://www.taxtmi.com/caselaws?id=251097 The appeal was partly allowed with specific directions to exclude certain comparables, re-examine others, consider the risk profile, and re-compute interest under Sections 234B and 234C. The Tribunal found functional dissimilarities in some comparables like Infosys BPO Ltd., Genesys International Ltd., Eclerx Services Ltd., Cosmic Global Ltd., and Accentia Technologies Limited, directing their exclusion. The matter concerning Acropetal Technologies Ltd. was remanded for further examination due to expense allocation issues. Crossdomain Solutions P. Ltd. was directed for revenue figure re-examination. The Tribunal emphasized the need for separate risk profile analysis in each comparable case. en-us Thu, 31 Jul 2014 00:00:00 +0530 Thu, 04 Sep 2014 08:56:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251097 The appeal was partly allowed with specific directions to exclude certain comparables, re-examine others, consider the risk profile, and re-compute interest under Sections 234B and 234C. The Tribunal found functional dissimilarities in some comparables like Infosys BPO Ltd., Genesys International Ltd., Eclerx Services Ltd., Cosmic Global Ltd., and Accentia Technologies Limited, directing their exclusion. The matter concerning Acropetal Technologies Ltd. was remanded for further examination due to expense allocation issues. Crossdomain Solutions P. Ltd. was directed for revenue figure re-examination. The Tribunal emphasized the need for separate risk profile analysis in each comparable case. Case-Laws Income Tax Thu, 31 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251097