https://www.taxtmi.com/caselaws?id=277057 The Tribunal allowed the assessee's appeal in part and dismissed the Revenue's appeal. It upheld the exclusion of Motilal Oswal Investment Advisors Ltd. as a comparable due to its involvement in multiple business verticals. The inclusion of ICRA Management Consulting Services Ltd. and IDC (India) Ltd. as comparables and the exclusion of Ladderup Corporate Advisory Pvt. Ltd. were also affirmed. This decision resulted in the adjustment of the arm's length price falling within an acceptable range, rendering further discussion on other comparables unnecessary. Grounds Nos. 9 and 10 were considered premature and not addressed. en-us Wed, 21 Feb 2018 00:00:00 +0530 Thu, 22 Nov 2018 21:20:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277057 The Tribunal allowed the assessee's appeal in part and dismissed the Revenue's appeal. It upheld the exclusion of Motilal Oswal Investment Advisors Ltd. as a comparable due to its involvement in multiple business verticals. The inclusion of ICRA Management Consulting Services Ltd. and IDC (India) Ltd. as comparables and the exclusion of Ladderup Corporate Advisory Pvt. Ltd. were also affirmed. This decision resulted in the adjustment of the arm's length price falling within an acceptable range, rendering further discussion on other comparables unnecessary. Grounds Nos. 9 and 10 were considered premature and not addressed. Case-Laws Income Tax Wed, 21 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277057