https://www.taxtmi.com/caselaws?id=362142 The Court upheld the Tribunal's decisions to exclude M/s. Kals Information Systems Ltd., M/s. Transworld Infotech Ltd., M/s. Compucom Software Ltd., M/s. Infosys BPO Ltd., and M/s. Cosmic Global Ltd. from the comparables analysis for determining the Arms Length Price (ALP) through the Transactional Net Margin Method (TNMM). The exclusions were deemed reasonable based on functional differences, financial discrepancies, varying activities, turnover variations, and differing business models. The Court dismissed the appeal, affirming the validity of the exclusions and factual justifications provided by the Tribunal. en-us Tue, 12 Jun 2018 00:00:00 +0530 Tue, 19 Jun 2018 22:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362142 The Court upheld the Tribunal's decisions to exclude M/s. Kals Information Systems Ltd., M/s. Transworld Infotech Ltd., M/s. Compucom Software Ltd., M/s. Infosys BPO Ltd., and M/s. Cosmic Global Ltd. from the comparables analysis for determining the Arms Length Price (ALP) through the Transactional Net Margin Method (TNMM). The exclusions were deemed reasonable based on functional differences, financial discrepancies, varying activities, turnover variations, and differing business models. The Court dismissed the appeal, affirming the validity of the exclusions and factual justifications provided by the Tribunal. Case-Laws Income Tax Tue, 12 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362142