TP Adjustment: Tribunal upheld assessee's stance on dissimilar comparables, excluding E-clerx, Acropetal, Infosys BPO & TCS EServe. https://www.taxtmi.com/highlights?id=79244 Tribunal upheld assessee's contention on functional dissimilarity of comparables E-clerx Services Ltd., Acropetal Technologies Ltd., Infosys BPO Ltd. and TCS EServe Ltd. based on factual consistency and Co-ordinate Bench ruling for earlier years. Directed exclusion of these comparables from list. Dismissed Revenue's Grounds of appeal. Rendered Cross Objection infructuous due to exclusion of comparables. en-us Tue, 09 Jul 2024 07:52:11 +0530 Tue, 09 Jul 2024 07:52:11 +0530 TaxTMI RSS Generator TP Adjustment: Tribunal upheld assessee's stance on dissimilar comparables, excluding E-clerx, Acropetal, Infosys BPO & TCS EServe. https://www.taxtmi.com/highlights?id=79244 Tribunal upheld assessee's contention on functional dissimilarity of comparables E-clerx Services Ltd., Acropetal Technologies Ltd., Infosys BPO Ltd. and TCS EServe Ltd. based on factual consistency and Co-ordinate Bench ruling for earlier years. Directed exclusion of these comparables from list. Dismissed Revenue's Grounds of appeal. Rendered Cross Objection infructuous due to exclusion of comparables. Highlights Income Tax Tue, 09 Jul 2024 07:52:11 +0530 https://www.taxtmi.com/highlights?id=79244