https://www.taxtmi.com/caselaws?id=177461 The Tribunal upheld the CIT(A)'s decision to exclude Infosys BPO Ltd. and Wipro Ltd. from the list of comparables for determining the Arm's Length Price (ALP). It also affirmed the exclusion of Moldtek Technologies and Eclerx Services Limited, dismissing the Revenue's appeal. The Tribunal emphasized the unique nature and financial results of the excluded companies, finding them non-comparable with the assessee. The decision was based on detailed analysis and consistent legal principles, ultimately supporting the CIT(A)'s orders on the matter. en-us Fri, 25 Apr 2014 00:00:00 +0530 Sat, 09 Jan 2016 16:33:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177461 The Tribunal upheld the CIT(A)'s decision to exclude Infosys BPO Ltd. and Wipro Ltd. from the list of comparables for determining the Arm's Length Price (ALP). It also affirmed the exclusion of Moldtek Technologies and Eclerx Services Limited, dismissing the Revenue's appeal. The Tribunal emphasized the unique nature and financial results of the excluded companies, finding them non-comparable with the assessee. The decision was based on detailed analysis and consistent legal principles, ultimately supporting the CIT(A)'s orders on the matter. Case-Laws Income Tax Fri, 25 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177461