<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2022 (5) TMI 1450 - ITAT BANGALORE</title>
    <link>https://www.taxtmi.com/caselaws?id=304227</link>
    <description>The appeal filed by the assessee was partly allowed for statistical purposes. The Tribunal directed the exclusion of certain comparable companies such as Mind Tree Ltd., Persistent Systems Ltd., Infosys Ltd., Thirdware Solutions Pvt. Ltd., and L&amp;amp;T Infotech Ltd., while also considering the inclusion of I2T2 India Ltd. and Melstar Information Technologies Ltd. Operating mark-up computation and working capital adjustments were also addressed. Regarding the levy of interest under Section 234A, the Tribunal remitted the issue for further verification. Additional grounds raised by the appellant were dismissed.</description>
    <language>en-us</language>
    <pubDate>Tue, 31 May 2022 00:00:00 +0530</pubDate>
    <lastBuildDate>Tue, 13 Sep 2022 20:21:32 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=690600" rel="self" type="application/rss+xml"/>
    <item>
      <title>2022 (5) TMI 1450 - ITAT BANGALORE</title>
      <link>https://www.taxtmi.com/caselaws?id=304227</link>
      <description>The appeal filed by the assessee was partly allowed for statistical purposes. The Tribunal directed the exclusion of certain comparable companies such as Mind Tree Ltd., Persistent Systems Ltd., Infosys Ltd., Thirdware Solutions Pvt. Ltd., and L&amp;amp;T Infotech Ltd., while also considering the inclusion of I2T2 India Ltd. and Melstar Information Technologies Ltd. Operating mark-up computation and working capital adjustments were also addressed. Regarding the levy of interest under Section 234A, the Tribunal remitted the issue for further verification. Additional grounds raised by the appellant were dismissed.</description>
      <category>Case-Laws</category>
      <law>Income Tax</law>
      <pubDate>Tue, 31 May 2022 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=304227</guid>
    </item>
  </channel>
</rss>