https://www.taxtmi.com/caselaws?id=442767 The HC upheld the Tribunal's decision to exclude Acropetal Technologies Ltd., BNR Udyog Ltd., and Informed Technologies India Ltd. as comparables for benchmarking the respondent/assessee's international transactions. The Tribunal determined that the nature of services provided by these entities differed significantly from those of the respondent/assessee, aligning with Rule 10(B)(2)(a) of the Income Tax Rules, 1962. The HC found no substantial question of law, leading to the dismissal of the appellant/revenue's appeal. en-us Tue, 08 Aug 2023 00:00:00 +0530 Thu, 11 Jan 2024 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442767 The HC upheld the Tribunal's decision to exclude Acropetal Technologies Ltd., BNR Udyog Ltd., and Informed Technologies India Ltd. as comparables for benchmarking the respondent/assessee's international transactions. The Tribunal determined that the nature of services provided by these entities differed significantly from those of the respondent/assessee, aligning with Rule 10(B)(2)(a) of the Income Tax Rules, 1962. The HC found no substantial question of law, leading to the dismissal of the appellant/revenue's appeal. Case-Laws Income Tax Tue, 08 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442767