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Reliability: The reliability team performs three functions namely:

 Fleet Reliability: It provides information on the wind turbine blades from field in terms of failure rate and warranty cost estimates,  Design Reliability: It assists the design team with the Design Failure Mode and Effects analysis and,  Risk analysis: It carries analysis for any failure mode.
Stress Engineering: The Stress Engineering team analyses the reasons for cracks/ structural defects of rotor -blades etc. in the blades by using a technique called the Finite Element method. The Finite Element Analysis ("FEA") allows detailed visualization of where structures bend or twist, and indicates the distribution of stresses and displacements. FEA software IT(T)A No.1692(B)/2016 provides a wide range of simulation options for controlling the complexity of both the modeling and the analysis of a system.

7.2. We have perused submissions advanced by both sides in the light of records placed before us.

At page 1048 of paper book being annual report of this company it is observed that revenue recognition from consultancy is recognized in case of a lump sum contract by reference to stage of completion of contract activity determined by management and is providing engineering consultancy services to its clients located in India and abroad.

IT(T)A No.1692(B)/2016 7.3 In our opinion, the activity carried out by this company is quite different from that carried out by assessee functionally. Assessee is said to be assisting AE's to develop new technology that makes wind turbines more efficient and extends the service life of both, turbines and blades. It also assists in engineering designs of road or blades, assessee in identifying reasons for crack/structural defects with the help of a software called finite element analysis. Assessee carries out all these activities with the help of R & D centre of group AE's. This in our opinion is quite different from activities carried out by this company and therefore cannot be held to be functionally similar in terms of assets as well as risks assumed in delivering services. Accordingly we direct this comparable to be excluded from the finalist.