Rule 10B (2) of the Rules by
arbitrarily adding a new company, Stup Consultants Pvt. Ltd. as
comparable to the Appellant, disregarding the fact that ... Development Co.Ltd.
3 Alphageo (India) Ltd. 41.58% 40.81%
4 Stup Consultants Pvt. Ltd. 36.72% 31.74%
Mean 29.70% 28.26%
14. With taxpayer's margin
India Ltd.
ii. Mahindra Consulting Engineers Ltd.
iii. Kirloskar Consultants Ltd.
iv. Stup Consultants Private Ltd.
v. Smac Limited.
5.1 In respect of profile ... engaged in engineering consultancy, project
management services and architectural consultancy
services Stup Consultants Private Limited
Stup Consultants Private Ltd.
- This company is engaged in civil
Mahindra Consulting Engineers Ltd 28.96
2. Alphageo [India] Ltd 41.58
3. Stup Consultants Ltd 36.72
9
4. Semac Ltd 49.65
5. Mitcon Consultancy Services ... Stup
Consultants
exclusion of this company from the list of
comparables.
(ii) STUP Consultants Pvt. Ltd.
16. The TPO included this company in the list of comparables
Networks Ltd
4 Rites Ltd 30.7% 30.70% 31.88%
5 Stup Consultants Ltd. 19.36% 19.38% 18.77%
6 T C E. Consulting Engineers
DCIT (2022) 96 ITR(T) 475
(Kolkata Trib.);
c) STUP Consultants Pvt. Ltd. v. ACIT (1.T.A. No. 5827/Mum/2012)
(Mumbai Trib
Similar orders were passed by ITAT Mumbai
Bench in the case of STUP Consultants Pvt. Ltd. vs. Add. C.I.T in
ITA No. 5827
E.I. Dupont India P. Ltd.,Gurgaon vs Dcit, Circle- 11(1), New Delhi on
Dcit, Circle- 8(1), New Delhi vs E.I. Dupont India P. Ltd., Gurgaon on
Consulting Services Ltd. 36.32
7 Oil Field Instrumentation (India) Ltd. 74.83
8 Stup Consultation (P) Ltd. 25.07
9 T C E Consultation
