Thursday, 23 April 2015

Co. involved in development of software products isn't comparable with co. rendering ITES services

IT/ILT : Where TPO made addition to assessee's ALP in respect of rendering ITES services to AE, in view of fact that some comparables selected by TPO were developing software products and, thus, there existed a functional difference, impugned addition was to be set aside and, matter was to be remanded back for disposal afresh

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