ASSISTANT COMMISSIONER OF INCOME TAX, CHENNAI vs. R K M POWERGEN PVT. LTD., CHENNAI

In the result the appeal of the revenue for the both the\n

price of the equipment purchased are at arm's length in accordance with Section 92E of the Act. The appellant filed the return of income for the AY 2010-11 to AY 2015-16 declaring total income as under:\nAsst Year\nDate of filing\nReturned\nIncome/(Loss)\nBook\nprofits u/s.\n115JB of the Act\nof ROI\nunder\nnormal\nprovisions\n2010

COGNIZANT TECHNOLOGY SOLUTIONS INDIA PRIVATE LIMITED(ERSTWHILE EXCELLENCE DATA RESEARCH PRIVATE LIMITED),CHENNAI vs. ASST. COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-17(1), HYDERABAD

In the result, appeal of the assessee is partly allowed

Bench: Shri Aby T. Varkey & Shri Amitabh Shuklaआयकर अपील सं./Ita No.13/Hyd/2018 िनधा"रण वष"/Assessment Year: 2013-14 V. M/S. Cognizant Technology- The Acit, Solutions India Pvt. Ltd., Circle-17(1), 9Th Floor, (As Successor In Interest Of Erstwhile Excellence Data Signature Towers, Opp: Botanical Garden, Research Pvt. Ltd.), 6Th Floor, New No.165, Old No.110, Kondapur, Hyderabad. Menon Eternity Building, St. Mary’S Road,Alwarpet, Chennai-600 018. [Pan: Aabce 4933 C] (अपीलाथ"/Appellant) (""यथ"/Respondent)

section 92E, assessee furnished report in Form 3CED, wherein, it adopted Transactional Net Margin Method (TNMM) with a PLI of OP/OC with a margin of 23.23%. And the assessee has selected 9 comparables with a weighted average operating margin of comparable companies at 12.21%. 4. Since there was international transactions, AO made reference to Transfer Pricing

INLOGIC TECHNOLOGIES PRIVATE LIMITED,CHENNAI vs. DCIT CORP. CIRCLE 1(1) , CHENNAI

In the result, the appeal of the Assessee is partly allowed for statistical purposes

Bench: Shri George George K, Hon’Ble & Shri S.R. Raghunatha, Hon’Bleआयकर अपीलसं./Ita No.: 3323/Chny/2024 िनधा"रण वष" / Assessment Year: 2021-22

Section 92A(2)(j). However, Mr. Vinogopal Ramayah resigned from his position at Medtech Global Ltd on June 1, 2020. Hence, after June 1, 2020, Medtech Global Ltd was no longer an AE of Inlogic Technologies. 5. During the FY 2020-21, the assessee has provided software development services to Medtech Global Ltd, Australia amounting to Rs.10.95 Crores. However

FAIVELEY TRANSPORT TECHNOLOGIES INDIA PVT. LTD.,HOSUR vs. ACIT, CORPORATE CIRCLE-1(1), CHENNAI

In the result, appeal filed by the assessee is allowed

Bench: SHRI MANU KUMAR GIRI (Judicial Member), SHRI S.R. RAGHUNATHA (Accountant Member)

92E 6. The Company filed the ITR and all the applicable audit reports before the due date and the same was correctly disclosed in the ITR. Please find attached the relevant pages of the ITR -6 form for your reference. (Annexure 5) 7. Therefore, it is eligible to claim the deduction of Rs.43,89,60,086 u/s 80-IC since