https://www.taxtmi.com/caselaws?id=341652 The Tribunal focused on the selection of comparables for determining the Arm's Length Price (ALP) of international transactions. Bodhtree Consultancy Limited was excluded due to functional differences and accounting practices. CIP Technologies and Export Limited and VMS Software Technology Ltd. were rejected for financial incomparability. CAT Technologies Limited was excluded for lack of segmental data and functional differences. The appeals were partly allowed for statistical purposes, and the Revenue's appeal was dismissed. en-us Wed, 25 Jan 2017 00:00:00 +0530 Fri, 14 Apr 2017 06:59:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341652 The Tribunal focused on the selection of comparables for determining the Arm's Length Price (ALP) of international transactions. Bodhtree Consultancy Limited was excluded due to functional differences and accounting practices. CIP Technologies and Export Limited and VMS Software Technology Ltd. were rejected for financial incomparability. CAT Technologies Limited was excluded for lack of segmental data and functional differences. The appeals were partly allowed for statistical purposes, and the Revenue's appeal was dismissed. Case-Laws Income Tax Wed, 25 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341652