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ITAT Allows BAPA Margin for Non-US AE Transactions Due to Identical FAR Profile

Case Law Details

Case Name
Synchrony International Services Private Limited Vs ACIT (ITAT Hyderabad)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2016-17
Advertisement Synchrony International Services Private Limited Vs ACIT (ITAT Hyderabad) The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) allowed the appeals filed by the assessee for Assessment Years 2016-17, 2017-18, and 2018-19 concerning transfer pricing adjustments relating to Information Technology Enabled Services (ITeS) rendered to Associated Enterprises (AEs). For AY 2016-17, the assessee challenged the order of the Commissioner of Income Tax (Appeals) [CIT(A)] on the ground that the CIT(A) failed to adjudicate issues relating to international transactions with non-US...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 18,551

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