Case Law Details
Case Name : CIT Vs. V/s. M/s. Thyssen Krupp Industries India Pvt. Ltd. (Bombay High Court)
Appeal Number : Income Tax Appeal No. 2201 OF 2013
Date of Judgement/Order : 02/12/2015
Related Assessment Year :
Courts :
All High Courts Bombay High Court
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CA Suraj R. Agrawal
- The Respondent is in the business of execution of turnkey contracts involving design, manufacture, supply, erection and commissioning of sugar plants, cement plants, etc.
- During the subject Assessment Year, the Respondent Assessee had International Transaction with its Associated Enterprises (AE) in respect of import of spares and equipments, royalty and project engineering, manufacturing drawings, settlement for liquidated damages and interest on delayed payments.
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