https://www.taxtmi.com/caselaws?id=286789 The Tribunal directed the Assessing Officer to include Cyber Media Research Ltd. as a comparable for determining the arm's length price, citing functional similarity. Ladder-up Corporate Advisory Pvt. Ltd. was deemed not comparable due to its distinct functional profile. Motilal Oswal Private Equity Advisors Pvt. Ltd. was also excluded as comparable for its diverse business activities. The Tribunal upheld the exclusion of Motilal Oswal Investment Advisors Ltd. as it engaged in different services. The DRP's decision to allow the bonus payment to shareholder directors was upheld, referencing previous tribunal and court decisions. The assessee's appeal was allowed, and the Revenue's appeal was dismissed. en-us Fri, 30 Nov 2018 00:00:00 +0530 Sun, 15 Mar 2020 09:36:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286789 The Tribunal directed the Assessing Officer to include Cyber Media Research Ltd. as a comparable for determining the arm's length price, citing functional similarity. Ladder-up Corporate Advisory Pvt. Ltd. was deemed not comparable due to its distinct functional profile. Motilal Oswal Private Equity Advisors Pvt. Ltd. was also excluded as comparable for its diverse business activities. The Tribunal upheld the exclusion of Motilal Oswal Investment Advisors Ltd. as it engaged in different services. The DRP's decision to allow the bonus payment to shareholder directors was upheld, referencing previous tribunal and court decisions. The assessee's appeal was allowed, and the Revenue's appeal was dismissed. Case-Laws Income Tax Fri, 30 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286789