2019 (5) TMI 1853 - HC - Income Tax

TP Adjustment - comparable selection - whether the ITAT erred in upholding the exclusion of ten comparables for the purpose of determination of the Arm s Length Price of international transactions involving the Respondent-Assessee? - HELD THAT - The Court has been taken through the ten comparables which have been excluded and the findings of the ITAT qua each of them. The Court is not persuaded that the issue raised involves any substantial question of law.

Summary

The Delhi High Court dismissed the Revenue's appeal against an ITAT order regarding exclusion of ten comparables for determining Arm's Length Price in international transactions for the Assessment Year 2008-2009. The Court found no substantial question of law involved.