This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
₹2.81 C TP Addition Deleted as CIT(A) Rightly Accepted PSM Based on Consistency with Earlier Year
Case Law Details
- Case Name
- DCIT Vs Indianic Infotech Limited (ITAT Ahmedabad)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2014-15
- Courts
- All ITAT, ITAT Ahmedabad
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
DCIT Vs Indianic Infotech Limited (ITAT Ahmedabad)
PSM Accepted on Consistency; All Key Comparables Rejected—TNMM Fails; Entire TP Adjustment of ₹2.81 Cr Deleted Revenue’s Appeal Dismissed
The Department filed appeal against the CIT(A)-11, Ahmedabad order dated 20.07.2024 deleting the entire transfer-pricing adjustment of ₹2,81,24,107 made in the case of Indianic Infotech Ltd, a software-development & export company having international transactions with its AE.
Background
Assessee adopted Profit Split Method (PSM) as the MAM, which was accepted by the TPO in the immediately preced...
Author Info
