selected the following 5 companies includible for
comparison:
a) Spanco Telesystems & Solutions Ltd.,
b) Vishal Information Technologies Fortune Infotech Ltd.
c) Fortune Infotech ... Fortune Infoteck Ltd., Tricom India and Wipro BPO
Solutions Ltd. while accepting Spanco Telesystems Solutions Ltd. and
Vishal technologies. Even though Assessee objected
Technologies Ltd. 11.4 113.49
21 R. Systems International Ltd. 17.34 20.18
22 Spanco Ltd. (Seg) 35 25.81
23 Triton Corp Ltd. 53.37 34.93
24 Vishal ... already selected by
assessee in its comparables. The assessee also submitted that Spanco was
Page 3 of 44
ITA No.7140&7097/Mum/2012
Technologies Ltd. 96.66
17 R Systems International Ltd. (Seg.) 4.30
18 Spanco Ltd. (Seg.) [Earlier known as Spanco 8.81
Telesystems & Solutions Ltd.)
19 Wipro ... 1316/Bang/2012
Page 23 of 26
10 Spanco Ltd. (Seg.- Call 8.81%
Centre division)
11 Allsec Technologies Limited - 13.29%
Arithmetic Mean 7.97%
Margin
Saja,
Dist. DURG (C.G.)
2. L&T Finance Ltd., "Spanco House"
Plot No. 322,322/1, B, Esa. Devsi Marg, Devnagar
Hexaware Technologies Ltd. 11.17
Intellvisions Software Ltd. 1.94
Shanthi Sales Ltd. 1.63
Spanco Telesystems & Solutions Ltd. 11.11
Arithmetic Mean 9.49
The PBIT/Sales ratio
following parties u/s 11(1) of the RTI Act.
• M/s. Spanco Telesystems & Solutions Ltd;
• M/s. Icomm Tele Ltd;
• M/s. Sujana
Limited 7.43 32.66
10. R Systems International Ltd. (Seg.) 9.17 15.11
11. Spanco Ltd. (Seg.) (Earlier known as Spanco 82.32 20.86
Telesystems & Solutions
Asit C Mehta Financial Services Ltd.
8. Goldstone Infratech Ltd.
9. Spanco Ltd.
10. Ace Software Exports Ltd.
11. Apex Knowledge Solutions ... Mumbai ITAT order in Teva India Pvt. Ltd. Vs. DCIT Mumbai.
4. Spanco Ltd.
The learned counsel for the assessee submission is to exclude
Saja,
Dist. DURG (C.G.)
2. L&T Finance Ltd., "Spanco House"
Plot No. 322,322/1, B, Esa. Devsi Marg, Devnagar
