Mere filing of voluminous correspondence, reports etc. not a proper compliance

M/s. Exide Life Insurance Company Ltd. Vs ACIT (ITAT Bangalore) The assessee has in the present case filed material before the TPO to demonstrate the nature of services rendered. In the paper book filed before us the index of the paper book gives a description of the service. We are of the view that the above description alone would not suffice. As we have already seen the TPO had specifically called upon the assessee to give details of the services rendered and how the same were utilized by the assessee and its relevance for the assessee’s business. The evidence filed by the assessee in...