AI Drafter - (New and Powerful) 
Generate professional replies, appeals, opinions to Show Cause Notices, assessment orders, audit objections, and other legal communications using TaxTMI's AI Drafter. 
TaxTMI 
TaxTMI 
2018 (2) TMI 2012
X X X X Extracts X X X X
X X X X Extracts X X X X
....he Respondent : Mr.G.C.Srivastava, Adv. ORDER Admit. The Revenue's appeal questioning the order of ITAT concerns itself with the inclusion of three comparables i.e TCS E-serve Ltd., Infosys BPO Ltd. and Excel Infoways Ltd. for the purpose of carrying out the Arms Length Price (ALP determination) mandated by Section 92CA of the Income Tax Act. The assessee is engaged in information tech....
X X X X Extracts X X X X
X X X X Extracts X X X X
....al orders (for example Baxter India Pvt. Ltd. vs. Deputy Commissioner Income Tax, Circle 4(1), ITA 408/2017 and Principal Commissioner of Income Tax, Delhi-2 vs. Baxter India Pvt. Ltd., ITA 499/2017). The Court is of the opinion that no question of law arises on this aspect; the ITAT also returned its finding that functionality of the assessee is similar to Infosys BPO. Likewise with respect to in....