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

Transfer Pricing Officer (TPO) regarding IT services and interest on delayed receivables.", "held": "The Tribunal found merit in the appellant's submission that the TPO ought to have applied an upper turnover limit filter for selecting comparables, in addition to the lower limit. The existing benchmarking exercise by the TPO was considered flawed.", "result": "Partly Allowed", "sections": ["Section

THE JT CIT, TRIVANDRUM vs. ALLIANZ CORNHILL INFORMATION SERVICES P. LTD, TRIVANDRUM

In the result, the appeal of the assessee is partly allowed and the

Bench: S/Shri Chandra Poojari, Am & George George K., Jm Assessment Year : 2010-11

transfer pricing policy of the Assessee. 3 Determination of arm's length price by the TPO in relation to the ‘Software Development Services’ segment • The TPO erred in law in not rejecting certain companies originally selected as comparables in the TP study even though the underlying functional/ business profile of those companies squarely disqualified them being comparables. 3 & 185/Coch/2015

M/S.ALLIANZ CORNHILL INFORMATION SERVICES P. LTD,TRIVANDRUM vs. JTCIT, TRIVANDRUM

In the result, the appeal of the assessee is partly allowed and the

Bench: S/Shri Chandra Poojari, Am & George George K., Jm Assessment Year : 2010-11

transfer pricing policy of the Assessee. 3 Determination of arm's length price by the TPO in relation to the ‘Software Development Services’ segment • The TPO erred in law in not rejecting certain companies originally selected as comparables in the TP study even though the underlying functional/ business profile of those companies squarely disqualified them being comparables. 3 & 185/Coch/2015

M/S.US TECHNOLOGY RESOURCES P. LTD,TRIVANDRUM vs. THE ACIT, TRIVANDRUM

In the result, the appeal for assessment year 2011-2012

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

Transfer Pricing) (,TPO'), inter alia, since the TPO has not recorded an opinion that any of the conditions in section 92C

M/S.US TECHNOLOGY RESOURCES P. LTD,TRIVANDRUM vs. THE DCIT, TRIVANDRUM

In the result, the appeal for assessment year 2011-2012

Bench: Shri Chandra Poojari, Am & Shri George George K, Jm

Transfer Pricing) (,TPO'), inter alia, since the TPO has not recorded an opinion that any of the conditions in section 92C

ACIT CORPORATE, COCHIN vs. M/S.JOY ALUKKAS (INDIA) LTD, COCHIN

In the result, the appeal of the assessee is dismissed and the appeal of the

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

Transfer Pricing Officer (TPO) to determine the arms length price (ALP). The TPO vide order dated 27/01/2014 passed u/s. 92CA(3) made a recommendation towards TP adjustment of Rs.3,69,19,518/- to the value of international transactions. The Assessing Officer passed draft assessment order on 25/03/2014 proposing other additions also under normal provisions. The assessee filed objections before

M/S.JOY ALUKKAS INDIA P LTD,COCHIN vs. THE ACIT, COCHIN

In the result, the appeal of the assessee is dismissed and the appeal of the

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

Transfer Pricing Officer (TPO) to determine the arms length price (ALP). The TPO vide order dated 27/01/2014 passed u/s. 92CA(3) made a recommendation towards TP adjustment of Rs.3,69,19,518/- to the value of international transactions. The Assessing Officer passed draft assessment order on 25/03/2014 proposing other additions also under normal provisions. The assessee filed objections before