https://www.taxtmi.com/caselaws?id=350321 The appeal under Section 260A of the Income Tax Act, 1961 against the ITAT order for the Assessment Year 2010-11 was dismissed. The Court found no substantial question of law regarding the exclusion of certain companies as comparable for software development services. The decision emphasized the significance of legal precedent and the necessity for substantial questions of law to be raised for appeal consideration in tax matters, providing clarity on the interpretation of tax laws and the application of legal principles in determining withholding tax liabilities and the inclusion/exclusion of companies as comparables for assessment purposes. en-us Tue, 19 Sep 2017 00:00:00 +0530 Fri, 03 Nov 2017 11:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350321 The appeal under Section 260A of the Income Tax Act, 1961 against the ITAT order for the Assessment Year 2010-11 was dismissed. The Court found no substantial question of law regarding the exclusion of certain companies as comparable for software development services. The decision emphasized the significance of legal precedent and the necessity for substantial questions of law to be raised for appeal consideration in tax matters, providing clarity on the interpretation of tax laws and the application of legal principles in determining withholding tax liabilities and the inclusion/exclusion of companies as comparables for assessment purposes. Case-Laws Income Tax Tue, 19 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350321