This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Determination of ALP without applying methods prescribed u/s 92C is untenable
Case Law Details
- Case Name
- Mondelez India Foods Private Ltd. Vs ACIT (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2011-12
- Courts
- All ITAT, ITAT Mumbai
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
Mondelez India Foods Private Ltd. Vs ACIT (ITAT Mumbai)
ITAT Mumbai held that the determination of Arm’s Length Price (ALP) without applying any methods as prescribed under section 92C(1) of the Income Tax Act by the TPO is not tenable in law.
Facts- The assessee Mondelez India Foods Private Ltd (formerly known as Cadbury India Limited) is a subsidiary of Cadbury Overseas Ltd UK which holds 58.63% and Cadbury Mauritius Ltd which holds 38.97% of the equity shareholding while the balance 2.41% equity shareholding is held by Indian public company comprising of various sharehold...
Author Info
