https://www.taxtmi.com/caselaws?id=309620 The Tribunal partially allowed the appeal, directing the exclusion of Infosys BPO Limited, Microland Limited, and Crossdomain Solutions from the comparables list due to turnover and functional incompatibility issues. Jindal Intellicom was included as a comparable. The Tribunal also instructed the AO/TPO to reassess interest on receivables, considering the arm's length credit period and allowing the assessee to justify a 2% markup over LIBOR. en-us Wed, 10 Aug 2022 00:00:00 +0530 Wed, 06 Mar 2024 16:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309620 The Tribunal partially allowed the appeal, directing the exclusion of Infosys BPO Limited, Microland Limited, and Crossdomain Solutions from the comparables list due to turnover and functional incompatibility issues. Jindal Intellicom was included as a comparable. The Tribunal also instructed the AO/TPO to reassess interest on receivables, considering the arm's length credit period and allowing the assessee to justify a 2% markup over LIBOR. Case-Laws Income Tax Wed, 10 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309620