THE ACIT,CIR-1(1),, TRIVANDRUM vs. M/S.US TECHNOLOGY INTERNATIONAL P. LTD, TRIVANDRUM

In the result, both appeal of the Revenue and the Cross Objection of the

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

depreciation for each of the relevant I.T(TP).A. No. 514Coch/2019 & C.O. No.47/Coch/2019 assessment year Sub-section 7 Transfer of goods and services must be at fair Not applicable market value of goods in case of availing deduction under section 10a of the Act Sub-section 7A Tax holiday benefits in case of transfer of Not applicable undertaking pursuant

SHRI.PRAKASH R. NAIR,KOLLAM vs. DCIT, KOLLAM

In the result, the assessee’s appeal is partly allowed for statistical purposes