https://www.taxtmi.com/caselaws?id=410425 The Tribunal dismissed the Revenue's appeal and partly allowed the assessee's appeal, confirming the exclusion of three comparables: M/s Acropetal Technologies Ltd., eClerx Services Ltd., and Infosys BPO Ltd. It upheld the deletion of disallowance under Section 40a(ia) for rent payments and the deletion of addition under Section 40A(2)(b) for remuneration paid to the director. The Tribunal found that the exclusions were justified based on the differences in business operations and scale. The order was pronounced on 10th May 2021. en-us Mon, 10 May 2021 00:00:00 +0530 Mon, 02 Aug 2021 09:02:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410425 The Tribunal dismissed the Revenue's appeal and partly allowed the assessee's appeal, confirming the exclusion of three comparables: M/s Acropetal Technologies Ltd., eClerx Services Ltd., and Infosys BPO Ltd. It upheld the deletion of disallowance under Section 40a(ia) for rent payments and the deletion of addition under Section 40A(2)(b) for remuneration paid to the director. The Tribunal found that the exclusions were justified based on the differences in business operations and scale. The order was pronounced on 10th May 2021. Case-Laws Income Tax Mon, 10 May 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410425