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Transfer Pricing – Even Business Advance Has To Be At Libor ALP – ITAT Mumbai
Case Law Details
- Case Name
- Aurionpro Solutions Ltd Vs The Addl Commr of Income Tax (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2007- 08
- Courts
- All ITAT, ITAT Mumbai
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ITAT MUMBAI “K ” BENCH
I.T.A. No. 7872/Mum/2011
Assessment Year: 2007-08
Aurionpro Solutions Ltd.
Vs.
The Addl Commr of Income Tax
Date of Pronouncement: 12th, April 2013
ORDER
PER : VIJAY PAL RAO, JM
This appeal by the assessee is directed against the assessment order dated 18.10.2011 passed u/s 143(3) r.w.s 144C(13) in pursuant to the directions of the Dispute Resolution Panel (DRP) dated 25.8.2011 passed u/s 144C(5) of the act for the Assessment Year 2007-08.
2 The assessee has raised the following grounds in this appeal:
1. On the facts and circumstances of th...
