2019 (5) TMI 1750 - HC - Income Tax

TP Adjustment - excluding certain comparables and also remanding certain comparables to the TPO for the purpose of determination of Arm s Length Price of international transactions involving the Respondent-Assessee. In the considered view of the Court the above orders of the ITAT do not give rise to any substantial question of law.

Summary

The High Court of Delhi condoned the delay in filing the appeal by the Revenue against the ITAT orders for the Assessment Years 2010-2011 and 2011-2012. The issues raised by the Revenue regarding comparables and Arm's Length Price were not considered substantial questions of law. The appeals were dismissed.