ALP adopted as comparable company excluded from comparability analysis

GE India Business Services Pvt. Vs DC/ACIT IT (ITAT Delhi) Facts- The assessee company GE India Business Services Pvt. Ltd. is set up as a captive service provider to provide offshore outsourcing services primarily to GE entities/ business worldwide. The primary activity in which Assessee Company specializes is to render IT Enabled Services (“ITES”) and financial support services to various overseas GE Group Companies. Assessee company has filed its ROI on 30.11.2017, electronically, declaring a total income of Rs. 13,64,66,410/-. The return was processed under section 143(1) of the Income...