DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 1 (2),, PUNE vs. FRANCOIS COMPRESSORS INDIA PRIVATE LTD,, PUNE
In the result, the appeal of the Revenue is dismissed
ITA 1504/PUN/2017[2012-13]Status: DisposedITAT Pune31 May 2021AY 2012-13
Bench: Shri Inturi Rama Rao & Shri Partha Sarathi Chaudhuryआयकर अपील सं. / Ita No. 1504/Pun/2017 धनधाारण वषा / Assessment Year : 2012-13 The Deputy Commissioner Of Income Tax, Circle-1(2), Pune. .......अपीलाथी / Appellant बनाम / V/S. Francois Compressors India Pvt. Ltd. Gat No.147/1 (New), Pirangut, Village Lavale Road, Tal. Mulshi, Pune-412 115 Pan : Aabcf0496K ……प्रत्यथी / Respondent
For Appellant: Shri Sharad A ShahFor Respondent: Shri S.P Walimbe
Section 271Section 271GSection 274Section 92C(3)Section 92DSection 92D(3)
Transfer Pricing Officer (TPO) and thereafter, the TPO in his order dated 29.01.2016 u/s. 92C(3) of the Act had accepted
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A.Y.2012-13
the value of international transactions with regard to Arm's Length Price
(ALP) of the assessee and the said was not disturbed by the TPO. The assessee had further submitted that the basic purpose for furnishing
