CAE INDIA PRIVATE LIMITED,BANGALORE vs. DCIT, BANGALORE
In the result, the appeals filed by the assessee are allowed for statistical purposes and the appeals filed by the Revenue and the cross objections filed by the assessee are dismissed
ITA 1150/BANG/2015[2010-11]Status: DisposedITAT Bangalore30 Aug 2021AY 2010-11
Bench: Shri Chandra Poojari, Am & Shri George George K, Jm It(Tp)A No.1150/Bang/2015: Asst.Year 2010-2011 It(Tp)A No.316/Bang/2016: Asst.Year 2011-2012 M/S.Cae India Private Limited The Dy.Commissioner Of Survey No.26-27, Income-Tax, Circle 2(1)(1) V. Bandaramanahalli Village, Bangalore. Anneshwara Panchayat, Kasaba Hobli Bangalore – 562 110. Pan : Aaecm3338G. (Appellant) (Respondent) It(Tp)A No.585/Kol/2015: Asst.Year 2010-2011 It(Tp)A No.310/Bang/2016: Asst.Year 2011-2012 The Dy.Commissioner Of Income- M/S.Cae India Private Limited Tax, Circle 2(1)(1) Survey No.26-27, V. Bangalore. / Circle 2(1) Kolkata. Bandaramanahalli Village, Anneshwara Panchayat, Kasaba Hobli Bangalore – 562 110. (Appellant) (Respondent) Co No.31/Kol/2015: Asst.Year 2010-2011 M/S.Cae India Private Limited The Dy.Commissioner Of Survey No.26-27, Income-Tax, Circle 2(1) V. Bandaramanahalli Village, Kolkata. Anneshwara Panchayat, Kasaba Hobli Bangalore – 562 110. (Cross Objector) (Respondent) Appellant By : Sri. Sumeet Khurana, Ca Revenue By : Sri.Rajendra Kumar Mishra, Cit-Dr Date Of Pronouncement : 30.08.2021 Date Of Hearing : 30.08.2021
For Appellant: Sri. Sumeet Khurana, CAFor Respondent: Sri.Rajendra Kumar Mishra, CIT-DR
Section 143(3)
297
in relation to transaction of corporate management services and reimbursement of expenses, holding that the international transactions does not satisfy the arm's length principle envisaged under the Act. In doing so, the Ld. DRP grossly erred in:
2.1. Holding that corporate management services and reimbursement of expenses is in the nature of stewardship activities.
2.2. Disregarding the genuineness
