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ITAT Bangalore Excludes Multiple TP Comparables for Captive Software Services
Case Law Details
- Case Name
- Citrix R&D India Pvt. Ltd. Vs DCIT (ITAT Bangalore)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2016-17
- Courts
- All ITAT, ITAT Bangalore
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Citrix R&D India Pvt. Ltd. Vs DCIT (ITAT Bangalore)
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench, partly allowed the appeal of Citrix R&D India Pvt. Ltd. for Assessment Year 2016-17 relating to transfer pricing adjustments in the software development (SWD) and IT enabled services (ITES) segments. The Tribunal held that the assessee, a captive service provider rendering routine software development and ITES to its associated enterprises on a cost-plus basis, was entitled to working capital adjustment and remitted the issue to the Assessing Officer/Transfer ...






