https://www.taxtmi.com/caselaws?id=311248 ITAT Delhi ruled on transfer pricing comparable selection in IT services case. Tribunal excluded Acropetal Technologies Ltd due to functional differences and significant R&D/marketing expenses. Directed inclusion of CG-VAK Software despite low turnover and R System International Ltd with data extrapolation for different financial year. Upheld exclusion of Infosys BPO Ltd citing high brand value, group benefits, and exceptional acquisitions. Corrected profit margin computation for Cosmic Global by treating miscellaneous income consistently. Various other comparables excluded for functional dissimilarity, insufficient segmental data, or exceptional circumstances. en-us Wed, 30 Mar 2022 00:00:00 +0530 Thu, 14 Dec 2023 20:04:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311248 ITAT Delhi ruled on transfer pricing comparable selection in IT services case. Tribunal excluded Acropetal Technologies Ltd due to functional differences and significant R&D/marketing expenses. Directed inclusion of CG-VAK Software despite low turnover and R System International Ltd with data extrapolation for different financial year. Upheld exclusion of Infosys BPO Ltd citing high brand value, group benefits, and exceptional acquisitions. Corrected profit margin computation for Cosmic Global by treating miscellaneous income consistently. Various other comparables excluded for functional dissimilarity, insufficient segmental data, or exceptional circumstances. Case-Laws Income Tax Wed, 30 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311248