https://www.taxtmi.com/caselaws?id=395925 The Tribunal excluded Motilal Oswal Investment Advisors Pvt. Ltd. as a comparable due to functional dissimilarity, while including ICRA Management Consulting Services Ltd. and IDC (India) Ltd. as functionally similar comparables for investment advisory services. The High Court upheld the Tribunal's decision, emphasizing that determinations of functional similarity and inclusion/exclusion of comparables are factual issues. The Revenue's appeal was dismissed as no substantial question of law was found to merit consideration. en-us Wed, 11 Mar 2020 00:00:00 +0530 Sat, 13 Jun 2020 11:19:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395925 The Tribunal excluded Motilal Oswal Investment Advisors Pvt. Ltd. as a comparable due to functional dissimilarity, while including ICRA Management Consulting Services Ltd. and IDC (India) Ltd. as functionally similar comparables for investment advisory services. The High Court upheld the Tribunal's decision, emphasizing that determinations of functional similarity and inclusion/exclusion of comparables are factual issues. The Revenue's appeal was dismissed as no substantial question of law was found to merit consideration. Case-Laws Income Tax Wed, 11 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395925