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Protective Addition Unsustainable if Substantial Addition is Confirmed or Settled: ITAT Bangalore

Case Law Details

Case Name
LM Wind Power Blades (India) Pvt. Ltd. Vs DCIT (ITAT Bangalore)
Date of Judgement/Order
Only available for paid members
Related Assessment Year
2010-11
Advertisement LM Wind Power Blades (India) Pvt. Ltd. Vs DCIT (ITAT Bangalore) The Income Tax Appellate Tribunal (ITAT), Bangalore, has ruled in favor of LM Wind Power Blades (India) Pvt. Ltd., deleting the protective addition made by the Assessing Officer (AO) concerning information & technology fees and commission payments. The case pertains to assessment years 2010-11, 2011-12, and 2013-14, where the Transfer Pricing Officer (TPO) had already made adjustments under Section 92CA of the Income Tax Act, 1961, on payments to associated enterprises (AEs). The Dispute Resolution Panel (DRP)...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 18,775

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