SKF TECHNOLOGIES (INDIA) PRIVATE LIMITED,BANGALORE vs. ACIT, BANGALORE

Bench: Shri. Abraham P. George

43. In view of the above discussion and analysis of the statutory provisions, two issues on the merits of the Assessing Officer's assessment assume importance. Firstly, having regard to the Transfer Pricing Officer's stamp of approval to the fees charged for the stated (though still not proven) referral transactions, the Assessing Officer was bound to accept that finding

ITO, BANGALORE vs. M/S CAE FLIGHT TRAINING PVT. LTD.,, BANGALORE

In the result, Both the C