https://www.taxtmi.com/caselaws?id=423499 The Tribunal ruled in favor of the Assessee, allowing the appeal and directing the exclusion of Infosys BPM Ltd. from the set of comparables. This adjustment rendered the Assessee's international transactions at Arm's Length, negating the need for the contentious income enhancements. The Tribunal also upheld the Assessee's position on the treatment of outstanding receivables, citing relevant judicial precedents. The appeal was allowed in its entirety, and the final assessment order was adjusted accordingly. en-us Thu, 26 May 2022 00:00:00 +0530 Tue, 07 Jun 2022 13:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423499 The Tribunal ruled in favor of the Assessee, allowing the appeal and directing the exclusion of Infosys BPM Ltd. from the set of comparables. This adjustment rendered the Assessee's international transactions at Arm's Length, negating the need for the contentious income enhancements. The Tribunal also upheld the Assessee's position on the treatment of outstanding receivables, citing relevant judicial precedents. The appeal was allowed in its entirety, and the final assessment order was adjusted accordingly. Case-Laws Income Tax Thu, 26 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423499