2016 (12) TMI 1827

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....pears for the respondent. 2. Mr. Malhotra, learned Counsel appearing for the appellant Revenue states that the respondent-assessee has been served and he undertakes to file affidavit of service in the Registry on or before 16th December, 2016. 3. The Revenue has urged the following question for our consideration :  "Whether, on the facts and in the circumstances of the case and in law, th....

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....5. We find that the impugned order has taken figures / data of the comparable companies for the subject Assessment Year. We note that so far as ICRA Management Consulting Services Ltd. is concerned, the impugned order on examination of the functional profile held that it was comparable to the respondent-assessee for the subject Assessment Year. This was further supported by the fact that for the i....