2018 (11) TMI 1342

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.... respondent P.C. 1. This Appeal under Section 260A of the Income Tax Act, 1961 (the Act) challenges the order dated 15th May, 2015 passed by the Income Tax Appellate Tribunal (the Tribunal). This appeal relates to Assessment Year 2010-11. 2. The Revenue has urged the following reframed question of law for our consideration : (i) Whether on the facts and circumstances of the case and in law, th....

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.... holding that Motilal Oswal Investment Advisors Pvt. Ltd. and IDFC Investment Aedvisors Ltd. are not comparables to the respondent so as to use them as comparables to determine the Arms Length Price of the respondent's transactions with its related party i.e. Bains Capital (Mauritius). 4. Mr. Suresh Kumar, learned Counsel appearing for the Revenue fairly states that the issue arising herein s....