Case Law Details
Case Name : HCL Technologies BPO Services Ltd Vs ACIT (ITAT Delhi)
Related Assessment Year :
Courts :
All ITAT ITAT Delhi
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Brief of the case
In the case of HCL Technologies BPO Services Ltd vs. ACIT, ITAT has held that for transfer pricing only amount retained by associates from end user is to be taken into account for transfer pricing adjustment, and to adjust operating cost by excluding abnormal cost incurred on a/c of Startup Company like salary, rent, and depreciation.
Facts of the case
1. The brief facts of the case are that the appellant is a private limited company and is engaged in providing IT Enabled Services (ITES) e.g. voice/web based contact and front office services (hereinafter referred as business...
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Dear C.A Rahul Surekha
Beautiful article. Please keep writing such articles especially on I.T.P.
With regards
C.A.C.M.A M.Srinivas Kumar