Exclusion of OTL Comparable while Benchmarking Engineering, Technical and Inspection Segment which was Accepted by the TPO: Delhi HC directs ITAT to Decide u/s 254

Exclusion - OTL - Benchmarking Engineering - Technical and Inspection Segment - TPO - Delhi HC - ITAT - taxscan

The Delhi High court has directed the Income Tax Appellate Tribunal (ITAT) to decide the issue under Section 254 of Income Tax Act 1961 on exclusion of Onward Technologies Limited (OTL) comparable while benchmarking engineering, technical and inspection segments which was accepted by the Transfer Pricing Officer (TPO). the Transfer Pricing Officer (TPO) had accepted…

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