https://www.taxtmi.com/caselaws?id=281644 The Tribunal ruled in favor of the assessee, directing the Assessing Officer to exclude Motilal Oswal Investment Advisors Pvt. Ltd. (MOIAPL), IDFC Investment Advisors Ltd. (IDFC), and ICRA Online Ltd. (ICRA-O) from the list of comparables for determining the Arm's Length Price (ALP) of International Transactions (IT). The inclusion of these comparables was deemed unjustified, leading to the final assessment order determining the income at Rs. 4.47 crores, with the appeal decided in favor of the assessee on 11th November 2016. en-us Fri, 11 Nov 2016 00:00:00 +0530 Sat, 29 Jun 2019 05:41:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=281644 The Tribunal ruled in favor of the assessee, directing the Assessing Officer to exclude Motilal Oswal Investment Advisors Pvt. Ltd. (MOIAPL), IDFC Investment Advisors Ltd. (IDFC), and ICRA Online Ltd. (ICRA-O) from the list of comparables for determining the Arm's Length Price (ALP) of International Transactions (IT). The inclusion of these comparables was deemed unjustified, leading to the final assessment order determining the income at Rs. 4.47 crores, with the appeal decided in favor of the assessee on 11th November 2016. Case-Laws Income Tax Fri, 11 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=281644