applying additional filters of percentage of wages to sale,
persistent losses, declining operating profit and negative ROG-
sales, ROG, related party transactions without appreciating ... which is 30 times 322
the turnover of the appellant
7. Persistent Systems 24.52 • Very high turnover of Pg
Ltd. Rs.286.96 Cr which
Tata Consultancy Services Ltd.
f) L&T Infotech
g) Persistent Systems Ltd.
2
ITA NO. 1062/Del/2014
3. That
Lucid Software Ltd.
- Mediasoft Solutions Ltd.
- Megasoft Ltd.
3
- Mindtree Ltd.
- Persistent Systems Ltd.
- Quintegra Solutions Ltd.
- R.S. Software (India) Ltd.
- Sasken Communication Technologies
Star Infotech Ltd.
(iii) Ontrack Systems Ltd.
(iv) Pentasoft Tech. Ltd.
(v) PSI Data Systems Ltd.
(vi) Subex Systems Ltd.
4. That the Learned ... Persistently loss making.
8. Cyber Space Multimedia Ltd. Persistently loss making.
9. Essel Software and Services Ltd. Persistently loss making.
10. Melstar Info Technology Persistently
search of comparables and
applied additional filters, e.g., wages/ sales ratio, persistent losses,
ITA nos. 5420/Del/11 & 6057/Del/2012
7 Hughes ... between
the associate enterprise of the appellant, i.e. Hughes Network
Systems Inc. and unrelated third party, i.e. Hughes Software
System Limited (now known
erred on facts and in law in
applying the additional filters of persistent losses
and declining revenue for determining
comparability analysis, which were unwarranted ... applying
inconsistent approach by eliminating company
showing diminishing revenue and persistent loss
making companies without eliminating following
ITA No. 284/D/2013 & Stay Appl
Bilt Power Ltd., New Delhi vs Department Of Income Tax
IN THE INCOME TAX APPELLATE
Yum! Restaurants (India) Private ... vs Assessee
IN THE INCOME TAX APPELLATE TRIBUNAL
(DELHI BENCH "
Nortel Networks India Pvt. Ltd., New ... vs Assessee
IN THE INCOME TAX APPELLATE TRIBUNAL
(DELHI
Navisite India Pvt. Ltd., Gurgaon vs Assessee
IN THE INCOME TAX APPELLATE TRIBUNAL
DELHI BENCH
