UST GLOBAL TECHNOLOGY SERVICES (INDIA) PRIVATE LIMITED,KOCHI vs. DCIT,CORPORATE CIRCLE 2(1), KOCHI

In the result, appeal filed by the assessee stands partly allowed\nfor statistical purpose and the stay application is dismissed as\ninfructuous

depreciation of Right to use ('RTU') of assets as\noperating expenses;\n3\nDisregarded the TP study and non-contemporaneous data\nused by the Ld. TPO\n3.1 The Ld. AO/ Ld. TPO/Ld. Panel have erred in facts and in\nlaw, in making an addition to the total returned income of the\nAppellant, on account of TP matters, by re-determining