https://www.taxtmi.com/caselaws?id=755410 The ITAT Hyderabad remanded the matter to the TPO for fresh determination of the assessee's functional profile to establish whether it operates as a KPO/ITeS/high-end BPO or merely a low-end BPO. The Tribunal noted inconsistency in previous adjudications where the assessee was treated differently across assessment years. The TPO was directed to examine agreements with associated enterprises, employee qualifications and experience, work profiles, and remuneration structures before determining the arms-length price. The assessee must provide supporting documentation to substantiate its position. The appeal was allowed for statistical purposes. en-us Mon, 11 Dec 2023 00:00:00 +0530 Wed, 10 Jul 2024 11:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755410 The ITAT Hyderabad remanded the matter to the TPO for fresh determination of the assessee's functional profile to establish whether it operates as a KPO/ITeS/high-end BPO or merely a low-end BPO. The Tribunal noted inconsistency in previous adjudications where the assessee was treated differently across assessment years. The TPO was directed to examine agreements with associated enterprises, employee qualifications and experience, work profiles, and remuneration structures before determining the arms-length price. The assessee must provide supporting documentation to substantiate its position. The appeal was allowed for statistical purposes. Case-Laws Income Tax Mon, 11 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755410