https://www.taxtmi.com/caselaws?id=176563 The Tribunal upheld the exclusion of KJMC Corporate Advisors (India) Limited from comparables, citing functional differences with the assessee's investment advisory services. Motilal Oswal Investment Advisors Pvt. Ltd. was also excluded due to dissimilarity in activities. The Assessing Officer/TPO was directed to adjust the arm's length price accordingly. The revenue's appeal was dismissed, and the assessee's Cross Objection was allowed. en-us Wed, 25 Mar 2015 00:00:00 +0530 Thu, 27 Jun 2019 13:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176563 The Tribunal upheld the exclusion of KJMC Corporate Advisors (India) Limited from comparables, citing functional differences with the assessee's investment advisory services. Motilal Oswal Investment Advisors Pvt. Ltd. was also excluded due to dissimilarity in activities. The Assessing Officer/TPO was directed to adjust the arm's length price accordingly. The revenue's appeal was dismissed, and the assessee's Cross Objection was allowed. Case-Laws Income Tax Wed, 25 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176563