https://www.taxtmi.com/caselaws?id=760166 Delhi HC set aside the tribunal's order regarding transfer pricing adjustment and comparable selection. The court remanded the matter back to the tribunal to reconsider appellant's objections concerning inclusion of Ishir Infotech Ltd, Tata Elxsi Limited, and Sasken Communication Technologies Limited, and exclusion of Akshay Software Technologies Limited as comparables for determining arm's length price. The court rejected appellant's challenge to inclusion of Avani Cincom Technologies Limited as comparable. All parties' contentions on merits regarding inclusion or exclusion of these companies were reserved for fresh determination. en-us Mon, 14 Oct 2024 00:00:00 +0530 Wed, 16 Oct 2024 11:19:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760166 Delhi HC set aside the tribunal's order regarding transfer pricing adjustment and comparable selection. The court remanded the matter back to the tribunal to reconsider appellant's objections concerning inclusion of Ishir Infotech Ltd, Tata Elxsi Limited, and Sasken Communication Technologies Limited, and exclusion of Akshay Software Technologies Limited as comparables for determining arm's length price. The court rejected appellant's challenge to inclusion of Avani Cincom Technologies Limited as comparable. All parties' contentions on merits regarding inclusion or exclusion of these companies were reserved for fresh determination. Case-Laws Income Tax Mon, 14 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760166