Inclusions and exclusions of the comparable companies w.r.t Transfer Pricing.

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Last updated: 11 January 2021
Quick Summary
This Income Tax Appellate Tribunal case concerns transfer pricing adjustments for the assessment year 2011-12. The assessee sought to exclude four comparable companies and include two others. However, during the hearing, the assessee withdrew their request regarding E-zest Solutions Ltd and Thinksoft Global Services Ltd. Therefore, the appeal now focuses on the exclusion of three comparable companies and the inclusion of one.

Court :
ITAT Bangalore

Brief :
The assessee has filed this appeal challenging the assessmentorder dated 23.12.2015 passed by the A.O. u/s 143(3) r.w.s 144C ofthe Income-tax Act,1961 ['the Act' for short] for assessment year2011-12 in pursuance of directions given by Ld. Dispute Resolution Panel (DRP).

Citation :
IT(TP)A No.314/Bang/2016

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1 Year PLAN
1999
(Excl. of GST ₹359)

2 Years PLAN
3499
(Excl. of GST ₹629)

BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)

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