https://www.taxtmi.com/caselaws?id=393134 The Tribunal dismissed the stay application and partially allowed the appeal for statistical purposes. It upheld the exclusion of HCCA Business Services Private Limited, HSCC (India) Limited, and Empire Industries Limited as comparables due to functional dissimilarity and non-profit motives. The case was remitted back to reconsider the exclusion of Kestone Integrated Marketing Services Private Limited, granting the assessee an opportunity to dispute its exclusion. The decisions were based on ensuring fair assessment of international transactions. en-us Fri, 30 Aug 2019 00:00:00 +0530 Fri, 06 Mar 2020 12:26:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393134 The Tribunal dismissed the stay application and partially allowed the appeal for statistical purposes. It upheld the exclusion of HCCA Business Services Private Limited, HSCC (India) Limited, and Empire Industries Limited as comparables due to functional dissimilarity and non-profit motives. The case was remitted back to reconsider the exclusion of Kestone Integrated Marketing Services Private Limited, granting the assessee an opportunity to dispute its exclusion. The decisions were based on ensuring fair assessment of international transactions. Case-Laws Income Tax Fri, 30 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393134