TCS could not be Comparable for Bench Marking Off Shore Outsourcing Since Assessee Purchases Software for Customers, not a Developer: Delhi HC [Read Order]

The Delhi High Court has held that Tata Consultancy Service (TCS) could not be comparable for benchmarking offshore outsourcing since the assessee purchases software for customers, not a developer. The appellant/revenue challenged the order passed by the Income Tax Appellate Tribunal concerning Assessment Year (AY) 2010-11. GE India Business Services Pvt. Ltd, the respondent/assessee filed…