raised by assessee is in respect of application of
upper limit of turnover in respect of following comparables and
seeking its exclusion.
a) Infosys ... limit on the turnover while selecting the companies
comparable to the assessee. In this regard, it is submitted that
application of turnover filter
crores turnover filter. The Ld.AR filed the following details in
respect of the comparables for which the upper turnover filter
has not been applied ... upper limit on the turnover while selecting the companies
comparable. In this regard, it is submitted that application of
turnover filter is relevant criterion
comparables deserves to
be excluded on application of upper turnover filter.
Sl. Turnover
Name of the Company
No. (in crores)
1 Exilant Technologies ... upper limit on the turnover while selecting the companies
comparable. In this regard, we note that, application of turnover
filter is a relevant criterion
also drew attention of this bench to a table
wherein the turnover of the comparables were listed in the
decision relied by him in case ... upper
limit on the turnover while selecting the companies comparable.
In this regard, it is submitted that application of turnover filter is
relevant criterion
Amd India Private Limited, Bengaluru vs Acit, Circle-1(1)(1), Bangalore on 26 June
M/S Infosys Limited , Bangalore vs Assistant Commissioner Of Income Tax ... on 31 January, 2023
Deputy Commissioner Of Income Tax ... vs M/S Infosys Limited , Bangalore on 9 January, 2023
M/S Harman Connected Services ... vs Additional Commissioner Of Income Tax ... on 12 January, 2023
Alcon Laboratories (India) Private ... vs Assistant Commissioner Of Income Tax, ... on 12 July, 2023
IN
Indegene Private Limited, Bangalore vs The Deputy Commissioner Of Income Tax, ... on 30 March, 2023
