https://www.taxtmi.com/caselaws?id=357885 The High Court upheld the Tribunal's decisions in a tax assessment case for Assessment Year 2007-08. It dismissed the appeal challenging the exclusion of Informed Technologies India Ltd. as a comparable company, rejected treating ITES companies as functionally comparable, and supported the exclusion of Maple E Solutions due to fraud complaints against its directors. The Court found the Tribunal's decisions reasonable and not raising substantial questions of law, leading to the dismissal of the appeal without costs awarded to either party. en-us Wed, 28 Feb 2018 00:00:00 +0530 Fri, 30 Mar 2018 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357885 The High Court upheld the Tribunal's decisions in a tax assessment case for Assessment Year 2007-08. It dismissed the appeal challenging the exclusion of Informed Technologies India Ltd. as a comparable company, rejected treating ITES companies as functionally comparable, and supported the exclusion of Maple E Solutions due to fraud complaints against its directors. The Court found the Tribunal's decisions reasonable and not raising substantial questions of law, leading to the dismissal of the appeal without costs awarded to either party. Case-Laws Income Tax Wed, 28 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357885