https://www.taxtmi.com/caselaws?id=444970 The ITAT Delhi dismissed the Revenue's appeal regarding transfer pricing comparable selection. The tribunal upheld the CIT(A)'s exclusion of three comparables: Accentia Technologies Ltd (provided KPO services versus assessee's BPO activities), TCS E-Serve International Ltd (lacked segmental information and benefited from Tata Brand), and TCS E Serve Limited (functionally dissimilar due to software development and testing services, plus owned substantial intangibles and Tata Brand benefits). The tribunal found no valid reason to interfere with the lower authority's findings on comparable exclusions. en-us Mon, 16 Oct 2023 00:00:00 +0530 Fri, 27 Oct 2023 09:45:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444970 The ITAT Delhi dismissed the Revenue's appeal regarding transfer pricing comparable selection. The tribunal upheld the CIT(A)'s exclusion of three comparables: Accentia Technologies Ltd (provided KPO services versus assessee's BPO activities), TCS E-Serve International Ltd (lacked segmental information and benefited from Tata Brand), and TCS E Serve Limited (functionally dissimilar due to software development and testing services, plus owned substantial intangibles and Tata Brand benefits). The tribunal found no valid reason to interfere with the lower authority's findings on comparable exclusions. Case-Laws Income Tax Mon, 16 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444970