https://www.taxtmi.com/caselaws?id=761333 The HC dismissed the appeal filed by the Principal Commissioner, affirming the ITAT's exclusion of Infosys BPO Ltd. and TCS E-serve Ltd. from comparables in determining the arm's length price for international transactions. The court upheld the ITAT's acceptance of low margin comparables and rejected the challenge to the stringent comparability standards, finding no substantial question of law. en-us Mon, 09 Sep 2024 00:00:00 +0530 Thu, 07 Nov 2024 20:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761333 The HC dismissed the appeal filed by the Principal Commissioner, affirming the ITAT's exclusion of Infosys BPO Ltd. and TCS E-serve Ltd. from comparables in determining the arm's length price for international transactions. The court upheld the ITAT's acceptance of low margin comparables and rejected the challenge to the stringent comparability standards, finding no substantial question of law. Case-Laws Income Tax Mon, 09 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761333