ACIT, CIRCLE - 10(2), KOLKATA, KOLKATA vs. M/S. VESUVIUS INDIA LTD.,, KOLKATA

In the result, the appeals of the revenue are dismissed and the appeals of the assessee are allowed

Bench: Shri S.S.Godara, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita No.1333/Kol/2017 ("नधा"रणवष" / Assessment Year:2008-09)

TP Document Study Report (Refer page no. 107-121 of the Paper Book). Thus ld counsel submits that the assessee pays royalty for on-going, ever-flowing and comprehensive bouquet of services (such as technical support, information, upgrades, use of trade-marks, patents, Vesuvius brand etc.). The benefits received by the assessee due to its association with AEs for outweighs

ACIT, CIRCLE - 10(2), KOLKATA , KOLKATA vs. M/S. VESUVIUS INDIA LTD., , KOLKATA

In the result, the appeals of the revenue are dismissed and the appeals of the assessee are allowed

Bench: Shri S.S.Godara, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita No.1333/Kol/2017 ("नधा"रणवष" / Assessment Year:2008-09)

TP Document Study Report (Refer page no. 107-121 of the Paper Book). Thus ld counsel submits that the assessee pays royalty for on-going, ever-flowing and comprehensive bouquet of services (such as technical support, information, upgrades, use of trade-marks, patents, Vesuvius brand etc.). The benefits received by the assessee due to its association with AEs for outweighs

DCIT, CENTRAL CIRCLE - 2(1), KOLKATA , KOLKATA vs. M/S. PAHARPUR COOLING TOWERS LTD., , KOLKATA

Bench: Shri S.S.Godara & Dr. A.L.Saini

purchase of timber and therefore the same could not be equated with a 'loan' and hence no benchmarking exercise was carried out in this regard. 3. On examination of the transfer pricing order, I find that the Ld. TPO was not in agreement with the assessee's contentions and the TP study of the appellant. From the show cause notice

DCIT, CENTRAL CIRCLE - 2(1), KOLKATA , KOLKATA vs. M/S. PAHARPUR COOLING TOWERS LTD., , KOLKATA

Bench: Shri S.S.Godara & Dr. A.L.Saini

purchase of timber and therefore the same could not be equated with a 'loan' and hence no benchmarking exercise was carried out in this regard. 3. On examination of the transfer pricing order, I find that the Ld. TPO was not in agreement with the assessee's contentions and the TP study of the appellant. From the show cause notice

DCIT, CENTRAL CIRCLE - 2(1), KOLKATA , KOLKATA vs. M/S. PAHARPUR COOLING TOWERS LTD., , KOLKATA

Bench: Shri S.S.Godara & Dr. A.L.Saini

purchase of timber and therefore the same could not be equated with a 'loan' and hence no benchmarking exercise was carried out in this regard. 3. On examination of the transfer pricing order, I find that the Ld. TPO was not in agreement with the assessee's contentions and the TP study of the appellant. From the show cause notice