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Section 92C4 Section 143(3)2

DEPUTY COMMISSIONER OF INCOME-TAX vs. FOSECO INDIA LTD.,, PUNE

In the result, the appeal of Revenue in ITA

ITA 2215/PUN/2016[2012-13]Status: DisposedITAT Pune19 Mar 2018AY 2012-13

Bench: Shri Anil Chaturvedi, Am & Shri Vikas Awasthy, Jm

For Appellant: Shri Soumen Adak / Shri Atul PoddarFor Respondent: Shri Sandeep Garg

Section 142(1)Section 143(2)Section 143(3)Section 92C

68,80,663/-. Accordingly, reference u/s 92CA(3) of the Act was made to Transfer Pricing Officer (TPO) for computation of Arms Length Price (ALP) with reference to international transactions. TPO passed order u/s 92CA(3) of the Act order dt.06.01.2016. TPO noticed that assessee had paid royalty of Rs.10,40,28,994/- to Foseco International which was considered