https://www.taxtmi.com/caselaws?id=306279 The Tribunal partially allowed the assessee's appeal, directing the exclusion of Cosmic Global Ltd., Eclerx Services Ltd., and Genesys International Corporation Ltd. from the list of comparables. The issue of capacity underutilization adjustment was remanded for reconsideration, while the Tribunal upheld the working capital adjustment directed by the CIT(A), rejecting the Revenue's appeal on this matter. en-us Tue, 02 Feb 2021 00:00:00 +0530 Fri, 20 Jan 2023 07:16:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306279 The Tribunal partially allowed the assessee's appeal, directing the exclusion of Cosmic Global Ltd., Eclerx Services Ltd., and Genesys International Corporation Ltd. from the list of comparables. The issue of capacity underutilization adjustment was remanded for reconsideration, while the Tribunal upheld the working capital adjustment directed by the CIT(A), rejecting the Revenue's appeal on this matter. Case-Laws Income Tax Tue, 02 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306279