Asit C Mehta Financials, Accentia Ltd,
Informed Technologies Ltd, Vishal Information
Technologies Ltd, Spanco Ltd, Eclerx Servie Ltd,
Mold-Technologies Ltd, Wipro Ltd, Infosys ... these five companies, namely
Accentia Technologies Ltd., (seg), Asit C. Mehta
Financial Services ltd., informed Technologies
India Ltd., Spanco Ltd., (seg), and Vishal
Information Technologies
Ltd., Tata
Elxsi Ltd., Accel Transmatics Ltd., and Megasoft
Ltd., Avani Transmatic Ltd., Celestial Labs Ltd.,
Ishir Infotech Ltd., Lucid Software Ltd., Wipro
Ltd ... Ltd., Persistent Systems
Ltd., Quintegra Solutions Ltd., Thirware Solutions
Ltd., Helios & Matheson Information Technology
Ltd., Flextronics Software Systems Ltd., and
R.Systems Ltd
Ltd, Helios Solutions Ltd,
Infosys Technologies Ltd, Ishir Infotech Ltd,
Kals Information Systems Ltd, Lucid Software
Ltd, Megasoft Ltd, Persistent Systems Ltd,
Tata Elxsi Ltd ... Ltd, Informed
Technologies Ltd, Infosys BPO Ltd, Mapple
Esolutions Ltd, Mold-Tek Technologies Ltd,
Triton Corp Ltd, Vishal Information
Technologies Ltd, Wipro Ltd, Spanco Ltd
Limited: In this
case, the RPT as per the details recorded by the
TPO is 17.77% therefore this company fails the
RPT threshold limit ... shown
only 7.59% of employee cost to total sale.
(ii) Spanco Limited has reported the
employee cost at 7.16%.
(iii) Vishal Information Technologies Ltd
Vishal Information
Technologies Ltd., ,2) Informed Technologies
Ltd., 3) Accentia Technologies Ltd., (Seg.) 4) M/s
Spanco Ltd., (Seg.) and 5) M/s Asit ... Vishal Information
Technologies Ltd., 2) Informed Technologies
Ltd., 3) Accentia Technologies Ltd.(Seg.) and it
was held by the Tribunal in that case that these
comparables such as Kals Information
Systems Ltd, Infosys Technologies Ltd, Tata Elxsi
Ltd, Accel Transmatics Ltd and Megasoft Ltd
when the comparables chosen ... Solutions Ltd, Allsec Technologies Ltd,
Datamatics Financial Services Ltd, Vishal
Information Technologies Ltd, Asit C Mehta
Financial Services Ltd, Goldstone Infrtech Ltd,
Spanco Ltd, Apex
comparables such as Kals Information
Systems Ltd., Infosys Technologies Ltd., Tata
Elxsi Ltd., Accel Transmatics Ltd., and Megasoft
Ltd., when the comparables chosen ... Solutions Ltd., Allsec Technologies Ltd.,
Datamatics Financial Services Ltd., Vishal
Information Technologies Ltd., Asit C Mehta
Financial Services Ltd., Goldstone Infratech Ltd.,
Spanco Ltd., Apex
namely, M/s.Dynalog
(India) Ltd & M/s.Spanco Limited on the ground
namely, M/s. Dynalog (India) Ltd & M/s.
Spanco Limited on the ground that functional
dissimilarity when the Transfer Pricing Officer had
chosen comparables
Income tax & another Vs.
M/s.Global E-Business Operation Pvt. Ltd.
3/9
"1. Whether on the facts and in the circumstances ... excluding
comparable's namely, Apex Knowledge Solutions
Pvt Ltd, Spanco Limited, Goldstone Ingfratech Ltd,
Vishal Technology Ltd, Asit C Mehta Financial
Services Ltd, Datamatic
