Bechtel India Pvt. Ltd., New Delhi vs Assessee on 14 October, 2015
ITA No.882
5329/D/2012 - Navisite India Pvt. Ltd. 6
3.5 Including FCS Software Solutions Ltd. which was
earned supernormal profits as compared to the
Appellant ... ground no. 3.5 the assessee has challenged the inclusion of FCS
Software Solutions Ltd. on the ground that the said company had earned
super normal
Fcs Computer Systems S Pte Ltd,India vs Assistant Commissioner Of Income Tax, ... on 9 January, 2026
INCOME TAX APPELLATE TRIBUNAL
DELHI BENCH ... KUMAR, JUDICIAL MEMBER
ITA No. 1034/Del/2025
(Assessment Year: 2022-23)
FCS Computer Systems S PTE Ltd, Vs. ACIT,
th
Office
under :-
Company OP/TC (%)
1 Akshay Software Technologies Ltd. 9
2 FCS Software 71
3 Goldstone Technologies 34
4 Mindtree Consulting 14
5 PSI Data ... following inclusions from the list of comparables
by the DRP :-
(i) FCS Software
(ii) Goldstone Technologies
(iii) Lanco Global Systems
8. We have considered
Acit, Circle 1(3)(1) Int. Tax., New ... vs Fcs Computer Systems S Pte Ltd, New Delhi on 18 September, 2023
Author: G.S. Pannu ... 2023/Del/2022
Asstt. Year: 2014-15
ACIT, Circle Vs. FCS Computer Systems
1(3)(I) Int. Tax, S Pte Ltd.
New Delhi
Fcs Software Solution Ltd, New Delhi vs Assessee on 21 April, 2011
IN THE INCOME TAX APPELLATE TRIBUNAL
[DELHI BENCH 'B' (FRIDAY)]
BEFORE ... Arising out of ITA No. 4814(Del)/2009)
Assessment year: 2003-04
FCS Software Solution Ltd., Asstt. Commissioner of Income
nd
205, 2 floor, Aggarwal
Software Technologies Ltd. P 8.64%
2. Compulink Systems Ltd. P -7.08%
3. FCS Software Solutions Ltd. P 38.97%
4. Goldstone Technologies ... prowess
Ltd. and capitaline databases. It cannot be taken as comparable.
ii. FCS Software As per P-28/AR- "FCS business is organized into
assessee made a donation of
Rs.1,10,00,000/- to FCS Foundation a trust registered u/s 80G of the Act
entitling the assessee ... cheque amounting
to INR 55,00,000 issue by Assessee Company to FCS
Foundation on 31/03/2019, which is evident from the
Bank Reconciliation
Tata Elxsi Ltd. (Seg) 16.88
8. Thirdware 37.27
9. FCS Software Solutions Ltd. 43.35
10. RS Software India Pvt. Ltd. 10.15
Average ... from final set
of comparables
(ii) verify corrected margin of 'FCS Software Solutions
Ltd.' and;
(iii) include 'Akshay Software Technologies
Technologies Limited
3. E-Infochips Bangalore Limited
4. E-Infochips Limited
5. FCS Software Solutions Limited
6. Goldstone Technologies Limited
7. Helios & Matheson Information ... comparable companies for benchmarking international transaction related to
software segment.
FCS Software Solutions Limited:
59. Much against the objections of the assessee, Ld. TPO selected