https://www.taxtmi.com/caselaws?id=200304 The Appellate Tribunal ITAT Delhi upheld the exclusion of Mold-Tek Technologies Ltd. from comparables for determining Arms Length Price due to functional dissimilarity and abnormal profit growth. It restricted the addition in income made by the Assessing Officer in international transactions and affirmed the exclusion of telecommunication expenses from total turnover for deduction u/s 10A. The Tribunal dismissed the revenue's appeal, finding the decisions by the CIT (A) legally sound and well-supported by functional analysis and precedent. en-us Wed, 18 Jan 2017 00:00:00 +0530 Sun, 25 Mar 2018 18:52:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200304 The Appellate Tribunal ITAT Delhi upheld the exclusion of Mold-Tek Technologies Ltd. from comparables for determining Arms Length Price due to functional dissimilarity and abnormal profit growth. It restricted the addition in income made by the Assessing Officer in international transactions and affirmed the exclusion of telecommunication expenses from total turnover for deduction u/s 10A. The Tribunal dismissed the revenue's appeal, finding the decisions by the CIT (A) legally sound and well-supported by functional analysis and precedent. Case-Laws Income Tax Wed, 18 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200304