https://www.taxtmi.com/caselaws?id=307559 The Tribunal partially allowed the appeal of the assessee concerning the selection of comparables for the Mapping Segment of their business operations. Infosys BPM Ltd. was excluded due to misalignment with the assessee's functional profile, while Dun & Bradstreet Technology & Data Services Pvt. Ltd. was deemed incomparable due to significant related party transactions. Nihilent Analytics Limited was upheld as a comparable by the Tribunal, concurring with the DRP's decision, subject to conditions. The importance of selecting appropriate comparables for a fair assessment was emphasized in the judgment pronounced on 02/11/2021. en-us Tue, 02 Nov 2021 00:00:00 +0530 Fri, 21 Apr 2023 21:57:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307559 The Tribunal partially allowed the appeal of the assessee concerning the selection of comparables for the Mapping Segment of their business operations. Infosys BPM Ltd. was excluded due to misalignment with the assessee's functional profile, while Dun & Bradstreet Technology & Data Services Pvt. Ltd. was deemed incomparable due to significant related party transactions. Nihilent Analytics Limited was upheld as a comparable by the Tribunal, concurring with the DRP's decision, subject to conditions. The importance of selecting appropriate comparables for a fair assessment was emphasized in the judgment pronounced on 02/11/2021. Case-Laws Income Tax Tue, 02 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307559