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Routine BPO Comparable Excluded for Functional Difference Reason; Different Year Comparable Considered on Quarterly Data Basis

Case Law Details

Case Name
ExxonMobil Services And Technology Pvt. Ltd. Vs DCIT (ITAT Bangalore)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2021-22
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ExxonMobil Services And Technology Pvt. Ltd. Vs DCIT (ITAT Bangalore) Routine BPO Comparable Excluded for Functional Difference Reason; Different Year Comparable Considered on Quarterly Data Basis; KPO Profile and Lack of Segmental Data Reason for Comparable Exclusion; Consistency Reason Supports Inclusion of Earlier Accepted Company; Different Accounting Year Alone Not Valid Reason to Reject Comparable; Quarterly Results Must Be Examined for Inclusion; No Scientific Working Capital Analysis Reason for Rejection Set Aside; Fresh Computation Directed Under Rule 10B; Foreign Currency Invoice Rea...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 18,136

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