https://www.taxtmi.com/caselaws?id=755208 ITAT Hyderabad dismissed Revenue's appeal regarding transfer pricing comparable selection. The Tribunal excluded E-clerx Services Ltd., Acropetal Technologies Ltd., Infosys BPO Ltd., and TCS EServe Ltd. from comparables list due to functional dissimilarity, following consistent precedent from coordinate bench decisions in assessee's earlier assessment years. Following factual consistency principle, the exclusion of these comparables rendered Revenue's other challenges academic, making cross-objection infructuous and dismissed. en-us Mon, 18 Dec 2023 00:00:00 +0530 Tue, 09 Jul 2024 07:52:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755208 ITAT Hyderabad dismissed Revenue's appeal regarding transfer pricing comparable selection. The Tribunal excluded E-clerx Services Ltd., Acropetal Technologies Ltd., Infosys BPO Ltd., and TCS EServe Ltd. from comparables list due to functional dissimilarity, following consistent precedent from coordinate bench decisions in assessee's earlier assessment years. Following factual consistency principle, the exclusion of these comparables rendered Revenue's other challenges academic, making cross-objection infructuous and dismissed. Case-Laws Income Tax Mon, 18 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755208