Mr. Ruchir Bhatia, Advocate v. Mps Ltd

$~3 IN THE HIGH COURT OF DELHI AT NEW DELHI+ ITA 255/2018 THE PR. COMMISSIONER OF INCOME TAX -6 ..... Appellant Through: Mr. Ruchir Bhatia, Advocate. versus MPS LTD. ..... Respondent Through: Mr. Piyush Kaushik, Advocate. CORAM: HON'BLE MR. JUSTICE S. RAVINDRA BHAT HON'BLE MR. JUSTICE A. K. CHAWLA O R D E R% 18.04.2018 The Revenue’s appeal under Section 260-A of the Income Tax Act, 1961 questions the exclusion of four comparables; (i) Coral Hub (Vishal Info), (ii) Datamatics Financial (BPO Division), (iii) Genesys International, and (iv) Mold Tek. The Court notices, at the outset, that the CIT(A) had directed the exclusion of these comparables. The ITAT applied the law and upheld those findings stating that there was financial dissimilarity between the assessee’s functions and those of the comparables. In view of the factual findings of the lower Appellate Authorities, the Court is of the opinion that no question of law arises. The appeal is accordingly dismissed. S. RAVINDRA BHAT, J APRIL 18, 2018/nn A. K. CHAWLA, J