https://www.taxtmi.com/caselaws?id=387416 The Tribunal upheld the DRP's decision to exclude E-clerx Services Ltd. as a comparable, emphasizing the functional differences between Eclerx as a KPO company and the assessee as a BPO company. The Tribunal found that Eclerx's specialized high-end KPO services were not comparable to the low-end ITES services provided by the assessee. Additionally, the Tribunal upheld the DRP's direction to re-compute the operating profit margin without considering a one-time price rebate, stating that prior period expenses should not be included in the current year's operating profit calculation. The Tribunal dismissed the Revenue's appeal, affirming the DRP's decisions on both issues. en-us Wed, 24 Jul 2019 00:00:00 +0530 Tue, 15 Oct 2019 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387416 The Tribunal upheld the DRP's decision to exclude E-clerx Services Ltd. as a comparable, emphasizing the functional differences between Eclerx as a KPO company and the assessee as a BPO company. The Tribunal found that Eclerx's specialized high-end KPO services were not comparable to the low-end ITES services provided by the assessee. Additionally, the Tribunal upheld the DRP's direction to re-compute the operating profit margin without considering a one-time price rebate, stating that prior period expenses should not be included in the current year's operating profit calculation. The Tribunal dismissed the Revenue's appeal, affirming the DRP's decisions on both issues. Case-Laws Income Tax Wed, 24 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387416