https://www.taxtmi.com/caselaws?id=383583 The Court excluded M/s TCS E-Serve Limited and M/s TCS E-Serve International Limited from the list of comparables for determining the arm's-length price of international transactions. The Court found that these entities were not functionally similar to the Assessee due to their high brand value, economic upscale, significant turnover disparity, and lack of segmental data. The appeal was allowed in favor of the Assessee, setting aside the orders of the ITAT, DRP, and TPO, with no order as to costs. en-us Wed, 24 Jul 2019 00:00:00 +0530 Fri, 20 Sep 2019 16:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383583 The Court excluded M/s TCS E-Serve Limited and M/s TCS E-Serve International Limited from the list of comparables for determining the arm's-length price of international transactions. The Court found that these entities were not functionally similar to the Assessee due to their high brand value, economic upscale, significant turnover disparity, and lack of segmental data. The appeal was allowed in favor of the Assessee, setting aside the orders of the ITAT, DRP, and TPO, with no order as to costs. Case-Laws Income Tax Wed, 24 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383583