2018 (7) TMI 1344 - SCH - Income Tax

Inclusion and exclusion of comparables for determining the arms length price (ALP) for the purpose of transfer pricing adjustment - as submitted that the conclusions of the ITAT in respect of each of the comparables are perverse - exclusion and inclusion of comparables is by and large an exercise of analysis of facts - Held that - No ground to interfere with the impugned order. The special leave petition is accordingly dismissed.

Summary

Title: Supreme Court of India dismisses special leave petition

- Case: 2018 (7) TMI 1344 - SC
- Judges: Mr. A.K. Sikri and Mr. Ashok Bhushan
- Petitioner(s) represented by: Mr. Vikramajit Banerjee, Mr. Mirusagar Samantrey, Mr. Manish Pushkarna, Ms. Lhingneivah, Mr. Ayush Anand, Mr. Anshul Gupta, Mrs. Anil Katiyar
- Respondent(s): None
- Decision: Special leave petition dismissed
- Pending applications also disposed of