https://www.taxtmi.com/caselaws?id=296181 The Tribunal ruled that Eclerx Services Limited should be excluded from the list of comparables due to significant functional differences with the assessee. This decision led to the adjustment of the Arm's Length Price (ALP) in favor of the assessee. The Tribunal did not address the inclusion of R Systems International as a comparable, considering it academic. The appeal filed by the assessee was allowed, and the Revenue's appeal was dismissed. The order was pronounced on January 23, 2019. en-us Wed, 23 Jan 2019 00:00:00 +0530 Mon, 27 Nov 2023 11:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296181 The Tribunal ruled that Eclerx Services Limited should be excluded from the list of comparables due to significant functional differences with the assessee. This decision led to the adjustment of the Arm's Length Price (ALP) in favor of the assessee. The Tribunal did not address the inclusion of R Systems International as a comparable, considering it academic. The appeal filed by the assessee was allowed, and the Revenue's appeal was dismissed. The order was pronounced on January 23, 2019. Case-Laws Income Tax Wed, 23 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296181