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2021 (6) TMI 1164 - ITAT BANGALORE
TP Adjustment - comparable selection - HELD THAT:- Rejection of comparables on application of turnover filter following the ratio laid down in the case of Genisys Integrating [2011 (8) TMI 952 - ITAT BANGALORE]
Companies functionally dissimilar cannot be used as comparables to determined the ALP of risk mitigated contract service provider like that of assessee before us.
Helios & Matheson Information Technology Ltd - Application software segment of the said concern is not comparable to the assessee's segment of IT services.