https://www.taxtmi.com/caselaws?id=186883 The Tribunal dismissed the Revenue's appeal and upheld the exclusions directed by the Dispute Resolution Panel for certain companies from the comparables list in analyzing international transactions pricing for software development services. The Tribunal supported the exclusion of companies like Infosys Ltd, ICRA Techno Analytics Ltd, Kals Information Systems Ltd, and Persistent Systems and Solutions Ltd based on various factors such as brand value, revenue composition, segmental information, and functional dissimilarities. The decision emphasized the importance of following established judgments until a different view is established. en-us Tue, 10 Nov 2015 00:00:00 +0530 Tue, 04 Oct 2016 10:27:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186883 The Tribunal dismissed the Revenue's appeal and upheld the exclusions directed by the Dispute Resolution Panel for certain companies from the comparables list in analyzing international transactions pricing for software development services. The Tribunal supported the exclusion of companies like Infosys Ltd, ICRA Techno Analytics Ltd, Kals Information Systems Ltd, and Persistent Systems and Solutions Ltd based on various factors such as brand value, revenue composition, segmental information, and functional dissimilarities. The decision emphasized the importance of following established judgments until a different view is established. Case-Laws Income Tax Tue, 10 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186883