https://www.taxtmi.com/caselaws?id=444909 ITAT Delhi excluded Eclerx Services Limited from comparable companies for determining Arm's Length Price in transfer pricing adjustment case. The assessee provided back office support services to its associated enterprise, with no change in services from AY 2007-08 onwards. The Tribunal relied on its previous decision in assessee's own case for AY 2007-08, where Eclerx was excluded as functionally not comparable. The AO was directed to exclude Eclerx from final comparables list for determining ALP of international transactions. The assessee's ground was allowed. en-us Mon, 11 Sep 2023 00:00:00 +0530 Wed, 25 Oct 2023 15:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444909 ITAT Delhi excluded Eclerx Services Limited from comparable companies for determining Arm's Length Price in transfer pricing adjustment case. The assessee provided back office support services to its associated enterprise, with no change in services from AY 2007-08 onwards. The Tribunal relied on its previous decision in assessee's own case for AY 2007-08, where Eclerx was excluded as functionally not comparable. The AO was directed to exclude Eclerx from final comparables list for determining ALP of international transactions. The assessee's ground was allowed. Case-Laws Income Tax Mon, 11 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444909