SIKA INDIA PVT. LTD.,KOLKATA vs. DCIT, CIR-11, KOLKATA, KOLKATA

In the result, appeal of the assessee is allowed in part and in appeal of the revenue is dismissed

Bench: Sri J. Sudhakar Reddy & Sri S.S. Viswanethra Ravi]

92A (2)(g); 5 I.T.A. No. 402/Kol/2014 Assessment Year: 2009-10 I.T.A. No. 393/Kol/2014 Assessment Year: 2009-10 M/s. Sika India Pvt. Ltd 2. Whether on the basis of facts and in law, Ld. DRP, Kolkata have erred in holding that the application of the CUP Method by the TPO for determining the arm's length price of the international

DEWARS GARAGE LIMITED ,ACIT vs. A CIT-5 (1) , KOLKATA

In the result, appeal of the assessee is dismissed

House Street Tax, Circle-5(1), Kolkata Vs Kolkata - 700001 [PAN : AABCD7605C] अपीलाथ"/ (Appellant) "" यथ"/ (Respondent) Assessee by : Shri Nilima Joshi, C.A. Revenue by : Md. Ghayasudding, CIT D/R सुनवाई क" तारीख/Date of Hearing : 06/09/2022 घोषणा क" तारीख/Date of Pronouncement : 21/11/2022 आदेश/O R D E R PER MANISH BORAD, ACCOUNTANT MEMBER: The present appeal is directed

DCIT, CIRCLE - 11, KOLKATA, KOLKATA vs. M/S. DEVELOPMENT CONSULTANTS LTD., KOLKATA

In the result, the appeal filed by the Revenue is dismissed and cross

Bench: Shri N.V.Vasudevan, Jm & Dr. A.L.Saini, Am आयकर अपील सं./Ita No.1591/Kol/2010 ("नधा"रण वष" / Assessment Year :2005-2006) Dy.Commissioner Of Income Vs. Development Consultants Tax, Cir-11, Kolkata, Ltd.,24B, Development House, P-7, Chowringhee Square, Park Street, Kolkata-700016 Kolkata-700069 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. : Aaacd 8900 F .. (अपीलाथ" /Assessee) (""यथ" / Respondent)

House, Park Street, P-7, Chowringhee Square, Kolkata-700016 Kolkata-700069 "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAACD 8900 F .. (अपीलाथ" /Assessee) (""यथ" / Respondent) राज"व क" ओर से /Revenue by : Shri G.Mallikarjuna, CIT, DR "नधा"रती क" ओर से /Assessee by : Shri Kamal Sawhney, Advocate सुनवाई क" तार"ख / Date of Hearing : 31/01/2017 घोषणा क" तार"ख/Date

DCIT, CIR-12(2), KOLKATA, KOLKATA vs. M/S PHILIPS INDIA LTD., KOLKATA

Bench: Shri N.V.Vasudevan & Shri Waseem Ahmed

section 92A(2) of the Act. The assessee is engaged in 4 business segments as detailed below: 1. Consumer lifestyle 2. Healthcare 3. Lighting 4. Software Development Consumer Lifestyle consists of Domestic Appliances & Personal Care and Consumer Electronics divisions. It consists of Television, Shaving & Beauty, Audio & Video Multimedia, Domestic Appliances, Health & Wellness, and Peripherals & Accessories etc. A benchmarking study

M/S PHILIPS INDIA LTD.,KOLKATA vs. DCIT, CIR-12(2), KOLKATA, KOLKATA

Bench: Shri N.V.Vasudevan & Shri Waseem Ahmed

section 92A(2) of the Act. The assessee is engaged in 4 business segments as detailed below: 1. Consumer lifestyle 2. Healthcare 3. Lighting 4. Software Development Consumer Lifestyle consists of Domestic Appliances & Personal Care and Consumer Electronics divisions. It consists of Television, Shaving & Beauty, Audio & Video Multimedia, Domestic Appliances, Health & Wellness, and Peripherals & Accessories etc. A benchmarking study

ALMATIS ALUMINA PRIVATE LTD,KOLKATA vs. DCIT, CIRCLE-8(1), KOLKATA, KOLKATA

In the result, boththe appeals of the assessee in ITA No

Bench: Shri S.S.Godara, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita Nos.726&2361/Kol/2017 ("नधा"रणवष" / Assessment Years: 2012-13& 2013-14)

property or unique assets that distinguish it from potential uncontrolled comparables. Thus, in a sense, the tested party would have lesser risk as compared to the other transacting party or the real entrepreneur. " (emphasis added) 23. The above concept of "tested party" has also been confirmed by Coordinate Bench of Delhi Tribunal, in the case of Ranbaxy Laboratories

ALMATIS ALUMINA PRIVATE LTD,KOLKATA vs. DCIT, CIRCLE-8(1), KOLKATA, KOLKATA

In the result, boththe appeals of the assessee in ITA No

Bench: Shri S.S.Godara, Jm &Dr. A.L.Saini, Am आयकरअपीलसं./Ita Nos.726&2361/Kol/2017 ("नधा"रणवष" / Assessment Years: 2012-13& 2013-14)

property or unique assets that distinguish it from potential uncontrolled comparables. Thus, in a sense, the tested party would have lesser risk as compared to the other transacting party or the real entrepreneur. " (emphasis added) 23. The above concept of "tested party" has also been confirmed by Coordinate Bench of Delhi Tribunal, in the case of Ranbaxy Laboratories