2018 (3) TMI 1753

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..... select the comparable companies from public domain. Therefore, the assessee cannot have any grievance at this stage. Suffice to say that there is no prima facie case for grant of stay. Accordingly, the Stay Petition filed by the assessee is dismissed. However, the Registry is directed to post the appeal for final disposal on 07.05.2018. - S.P. No.28/Chny/2018 (in I.T.A. No.3029/Chny/2017) - - - .....

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..... companies selected by the TPO were not comparable at all. Therefore, according to the Ld. counsel, the transfer pricing adjustment made by the Transfer Pricing Officer cannot be sustained. On a query from the Bench whether the assessee has filed its transfer pricing documentations, the Ld.counsel very fairly submitted that the assessee could not file the transfer pricing documentations either befo .....

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