https://www.taxtmi.com/caselaws?id=461968 ITAT Pune allowed the assessee's appeal regarding transfer pricing adjustments. The tribunal directed the TPO to exclude MPS Ltd. from comparables, finding it engaged in software products and lacking segmental information for ITES services, making it non-comparable to the assessee's functions. The tribunal also ordered exclusion of Domex E-Data Pvt. Ltd. and CES Ltd. from the final list of comparables, following precedent from similar circumstances in A.Y. 2014-15. en-us Wed, 18 Oct 2023 00:00:00 +0530 Mon, 12 May 2025 09:00:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461968 ITAT Pune allowed the assessee's appeal regarding transfer pricing adjustments. The tribunal directed the TPO to exclude MPS Ltd. from comparables, finding it engaged in software products and lacking segmental information for ITES services, making it non-comparable to the assessee's functions. The tribunal also ordered exclusion of Domex E-Data Pvt. Ltd. and CES Ltd. from the final list of comparables, following precedent from similar circumstances in A.Y. 2014-15. Case-Laws Income Tax Wed, 18 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461968