M/S. ACER INDIA PRIVATE LIMITED,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, BANGALORE
In the result, both the appeals of the assessee are partly allowed
ITA 502/BANG/2017[2012-13]Status: DisposedITAT Bangalore10 May 2019AY 2012-13
Bench: Shri B.R Baskaran & Shri Pavan Kumar Gadale
For Appellant: Shri Ajay Vohra, Sr. Advocate & Shri Niranjan, AdvocateFor Respondent: Dr. Pradeep Kumar, CIT (DR)
Section 143(3)Section 144C(13)Section 153Section 234BSection 271(1)(c)Section 40
2,64,96,17,750/- was made, which was computed as under:
Computation of TP adjustment Rs.
IT(TP)A Nos.502 & 2837/Bang/2017
Page 27 of 45
Value of sales
8605,67,65,713
AMP/Sales of the comparables 4.93%
Arms
Length
Price
(as per
Bright
Line)
424,25,98,549
Expenditure on AMP by the appellant
689,60,79,670
Expenditure