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Karnataka HC Upholds exclusion of Infosys & TCS due to huge size & turnover
Case Law Details
- Case Name
- PCIT Vs Robert Bosch Engineering and Business Solutions Pvt. Ltd. (Karnataka High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Karnataka High Court
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PCIT Vs Robert Bosch Engineering and Business Solutions Pvt. Ltd. (Karnataka High Court)
Karnataka HC Upholds exclusion of Infosys BPO & TCS E-Services on ground of huge size and turnover
Facts:
Robert Bosch Engineering and Business Solutions Pvt. Ltd. is an Indian company that provides software and IT enabled services only to its parent/group companies abroad. It works as a captive service provider, meaning it earns a fixed profit margin and does not take big business risks.
For Assessment Year 2012–13, the tax department examined whether the company’s internatio...
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