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
ITA 1071/COCH/2024[2021-22]Status: DisposedITAT Cochin08 Sept 2025AY 2021-22
Bench: Shri Inturi Rama Rao, Am & Shri Rahul Chaudhary
For Appellant: Respondent byFor Respondent: Shri Rajakannam, Advocate
Section 143Section 92C
depreciation of Right to use ('RTU') of assets as
operating expenses;
3
Disregarded the TP study and non-contemporaneous data
used by the Ld. TPO
3.1 The Ld. AO/ Ld. TPO/Ld. Panel have erred in facts and in
law, in making an addition to the total returned income of the
Appellant, on account of TP matters, by re-determining
