2018 (8) TMI 573 - HC - Income Tax

The appeal is admitted on the following substantial question of law Whether on the facts and in the circumstances of the case and in law, the Tribunal is justified in directing the Assessing Officer to exclude the concern namely M/s. Bodhtree Consulting Limited in the final set of comparables when the same concern has been included in the set of comparables by the assessee itself in the Transfer Pricing study report?

Summary

The Bombay High Court admitted an appeal based on the substantial question of law regarding the Tribunal's decision to exclude M/s. Bodhtree Consulting Limited from the final set of comparables in a Transfer Pricing study report.