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Transfer pricing – Current year data can be used for comparability of international & uncontrolled transactions
Case Law Details
- Case Name
- Lionbridge Technologies (P.) Ltd. Vs Deputy Commissioner of Income-tax (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2006-07
- Courts
- ITAT Mumbai
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IN THE ITAT MUMBAI BENCH ‘B’
Lionbridge Technologies (P.) Ltd.
V/s.
Deputy Commissioner of Income-tax
IT Appeal No. 9032 (Mum.) of 2010
[Assessment Year 2006-07]
JUNE 20, 2012
ORDER
R.S. Syal, Accountant Member – This appeal by the assessee is directed against the order passed by the DCIT u/s 143(3) read with section 144C(13) of the Income-tax Act, 1961 (hereinafter called the ‘Act’) on 07.10.2010 in relation to the assessment year 2006-07.
2. The major issue in this appeal is against the confirmation of addition of Rs. 8,86,68,683 on account of t...





