https://www.taxtmi.com/caselaws?id=431806 The appeal involved transfer pricing adjustments for IT enabled services, including issues such as separate benchmarking, rejection of transfer pricing study, inclusion/exclusion of comparable companies, treatment of doubtful debts, and penalty proceedings. The Tribunal upheld inclusion of Eclerx Services and Microland Limited as comparables, remanded Crossdomain Solutions and Allsec Technologies for further verification, upheld MPS Limited's inclusion, and directed exclusion of Infosys BPO Limited. The Tribunal also remanded the issue of additional income for verification. The appeal was partly allowed for statistical purposes, with directions for further verification and reconsideration on various issues to ensure a fair determination. en-us Mon, 19 Sep 2022 00:00:00 +0530 Tue, 20 Dec 2022 17:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=431806 The appeal involved transfer pricing adjustments for IT enabled services, including issues such as separate benchmarking, rejection of transfer pricing study, inclusion/exclusion of comparable companies, treatment of doubtful debts, and penalty proceedings. The Tribunal upheld inclusion of Eclerx Services and Microland Limited as comparables, remanded Crossdomain Solutions and Allsec Technologies for further verification, upheld MPS Limited's inclusion, and directed exclusion of Infosys BPO Limited. The Tribunal also remanded the issue of additional income for verification. The appeal was partly allowed for statistical purposes, with directions for further verification and reconsideration on various issues to ensure a fair determination. Case-Laws Income Tax Mon, 19 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=431806