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Chryscapital Investment Advisors ... vs Deputy Commissioner Of Income Tax on 27 April, 2015

5. Learned counsel for the Appellant has taken us through the impugned orders of the CIT(A) and ITAT. Having perused the reasons given by the ITAT for excluding the 10 comparables, the Court finds that the said order suffers from no legal infirmity when viewed in the light of Rule 10B (4) of the Income Tax Rules, 1962 and the legal position explained by this Court in its decision in Chryscapital Investment Advisors (India) Pvt. Ltd. v. D.C. of Income Tax (2015) 277 CTR (Del) 137. No substantial question of law arises. The appeal is dismissed."
Delhi High Court Cites 39 - Cited by 12 - S R Bhat - Full Document
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