https://www.taxtmi.com/caselaws?id=421665 The High Court upheld the ITAT's decision to exclude M/s Eclerx Services Pvt. Ltd, TCS E-Serve Ltd, BNR Udyog Ltd, and Excel Infoways Ltd as comparables for determining the arm's length price in the case. The court found that the ITAT provided valid reasons based on functional dissimilarities and other factors, supported by previous findings and principles established by the jurisdictional High Court. Consequently, the High Court dismissed the appeal, ruling that there was no substantial question of law for consideration. en-us Tue, 26 Apr 2022 00:00:00 +0530 Fri, 24 Jun 2022 12:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421665 The High Court upheld the ITAT's decision to exclude M/s Eclerx Services Pvt. Ltd, TCS E-Serve Ltd, BNR Udyog Ltd, and Excel Infoways Ltd as comparables for determining the arm's length price in the case. The court found that the ITAT provided valid reasons based on functional dissimilarities and other factors, supported by previous findings and principles established by the jurisdictional High Court. Consequently, the High Court dismissed the appeal, ruling that there was no substantial question of law for consideration. Case-Laws Income Tax Tue, 26 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421665