ITAT Bangalore Deletes Additions as AO Issued Second Draft Assessment Order

Marvell India Pvt. Ltd. Vs DCIT (ITAT Bangalore) The appeal before the Income Tax Appellate Tribunal (ITAT), Bangalore, concerned only Ground Nos. 18 and 19, relating to corporate tax additions made in the final assessment order for Assessment Year 2017-18, after the Tribunal had already disposed of the transfer pricing issues in an earlier order and later recalled these two grounds through a miscellaneous application. The assessee, a subsidiary engaged in providing software development services to its associated enterprise, had originally filed its return declaring total income of ₹13.72 cr...