https://www.taxtmi.com/caselaws?id=446971 The Delhi HC upheld the Tribunal's decision to reject three comparables in a transfer pricing case. Infosys BPO Ltd was rejected due to its giant size compared to other comparables and functional dissimilarity as it engaged in software development with higher risk-profit profile. Acropetal Technologies Ltd was excluded as it provided engineering design services with high on-site expenses while the assessee only performed offshore activities. E-Clerx Services Ltd was rejected as it was a high-end KPO provider with automation and process re-engineering capabilities, unlike the assessee which employed fresh graduates for simple data entry work under BPO services. en-us Tue, 12 Dec 2023 00:00:00 +0530 Mon, 06 May 2024 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446971 The Delhi HC upheld the Tribunal's decision to reject three comparables in a transfer pricing case. Infosys BPO Ltd was rejected due to its giant size compared to other comparables and functional dissimilarity as it engaged in software development with higher risk-profit profile. Acropetal Technologies Ltd was excluded as it provided engineering design services with high on-site expenses while the assessee only performed offshore activities. E-Clerx Services Ltd was rejected as it was a high-end KPO provider with automation and process re-engineering capabilities, unlike the assessee which employed fresh graduates for simple data entry work under BPO services. Case-Laws Income Tax Tue, 12 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446971