SKF TECHNOLOGIES (INDIA) P. LTD., vs. DEPUTY COMMISSIONER OF INCOME TAX

The Appeal is disposed of

Bench: S.SUJATHA,VINEET KOTHARI

Section 92C of the Act required further investigation and therefore the learned Tribunal remanded the matter back to the Assessing Officer. Date of Judgment 19-06-2018, ITA No.83/2017 SKF Technologies [India] P. Ltd. Vs. Deputy Commissioner of Income Tax 3/9 4. The other issue raised for the said Assessment Years above was also about the disallowance

PR COMMISSIONER OF INCOME TAX-5 vs. M/S PAGE INDUSTRIES LTD

In the result, the appeal fails and is hereby dismissed

Bench: ALOK ARADHE,R. NATARAJ

disallowance of Rs.74,08,964/- under the provisions of Section 80JJAA of the Act were proposed. The 5 assessee thereupon filed objections before the Dispute Resolution Panel contesting all the additions. The Dispute Resolution Panel, however rejected the objections preferred by the assessee. The assessee thereupon filed an appeal before the Income Tax Appellate Tribunal (hereinafter referred

THE PR. COMMISSIONER OF INCOME TAX vs. M/S EDS ELECTRONICS DATA SYSTEMS INDIA PVT.LTD.

In the result, we do not find any merit in this

Bench: ALOK ARADHE,R. NATARAJ

disallowances with regard to addition on account of income from other sources, addition on account of foreign exchange loss and addition on account of Arms 6 Length Price (ALP). 5. The assessee thereupon filed an appeal before the Commissioner of Income Tax (Appeals) who by an order dated 21.01.2009 inter alia held that respondent has earned a profit in technical

PR COMMISSIONER OF vs. M/S LUWA INDIA PRIVATE LIMITED

Bench: ALOK ARADHE,HEMANT CHANDANGOUDAR

disallowed the expenditure but only adopted the TPO's determination of ALP of the advertisement expenses. Therefore, the issue for examination in this appeal is only the issue of ALP as determined by the TPO in respect of advertisement expenses. The jurisdiction of the TPO is specific and limited i.e. to determine the ALP of an International Transaction in terms

PR COMMISSIONER OF vs. M/S TELELOGIC INDIA PVT LTD

Bench: S.SUJATHA,VINEET KOTHARI

disallowance of rent equalization provision for an amount of Rs.5,47,46,191/- even when the assessing authority has applied Accounting Standard -19 of principle of accountancy, which stipulated that if no liability were to exist against a provision, the Date of Judgment 28-06-2018, ITA No.550/2016 Pr. Commissioner of Income Tax-7 & another Vs. M/s Telelogic India