https://www.taxtmi.com/caselaws?id=288160 The appeals were decided as follows: The CIT(A)'s decision allowing depreciation on leased assets was upheld. Allsec Technologies Ltd. was included as a comparable, while E-clerx Services Ltd. was excluded. Apitco Ltd. and ICRA Management Consulting Services Ltd. were excluded from the final set of comparables for benchmarking Business Support Services (BSS), and the TPO was directed to recompute the transfer pricing adjustment accordingly. Other grounds raised by the assessee were dismissed as not pressed due to adjustments in the comparables list. en-us Wed, 26 Jun 2019 00:00:00 +0530 Sat, 23 May 2020 10:14:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288160 The appeals were decided as follows: The CIT(A)'s decision allowing depreciation on leased assets was upheld. Allsec Technologies Ltd. was included as a comparable, while E-clerx Services Ltd. was excluded. Apitco Ltd. and ICRA Management Consulting Services Ltd. were excluded from the final set of comparables for benchmarking Business Support Services (BSS), and the TPO was directed to recompute the transfer pricing adjustment accordingly. Other grounds raised by the assessee were dismissed as not pressed due to adjustments in the comparables list. Case-Laws Income Tax Wed, 26 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288160