Transfer pricing provisions do not put any cap on number of comparable to be selected by TPO

IN THE ITAT MUMBAI BENCH ‘K’ Willis Processing Services (I) (P.) Ltd. Versus Deputy Commissioner of Income-tax 2(3), Mumbai  IT Appeal Nos. 4429 & 4547 (Mum.) of 2012 [ASSESSMENT YEAR 2007-08] MARCH  1, 2013  ORDER Vijay Pal Rao, Judicial Member These cross appeals are directed against the order dated 3.4.2012 of the CIT(A) for the AY 2007-08. 2. The assessee has raised the following grounds in this appeal: 1.            Deduction under section 10A of the Act                1.1 The learned CIT(A) erred in confirming the disallowance o...