Comparable chosen for ITES and IT segment are within tolerance limit provided in proviso to Section 92CA Income Tax Act: ITAT dismiss revenue Appeal

By Aparna. M - On March 12, 2024 3:22 pm - 2 mins read

ITAT - ITAT Mumbai - Income Tax - Section 92CA Income Tax Act - IT sector taxation - Income Tax Appellate Tribunal - Tax news - taxscan

The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) while dismissing the revenue appeal held that the comparable chosen for ITES and IT segment are within the tolerance limit provided in proviso to section 92CA of the Income Tax Act, 1961 The Assessee, Excult Client Services P Ltd.is engaged in the business of providing a…

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