SUPREME COURT OF INDIA
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SPECIAL LEAVE TO APPEAL (C) NO. 3484 OF 2017
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Commissioner of Income-tax, Jalandhar...........................................Appellant.
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Max India Ltd. .................................................................................Respondent |
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A.K. SIKRI AND ASHOK BHUSHAN, JJ.
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Date :FEBRUARY 20, 2017 |
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Appearances |
Rohit Rao N., Ms. Devahuti Tamuli, D.L. Chidananda and Mrs. Anil Katiyar, Advs. for the Petitioner.
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Section 92C of the Income Tax Act, 1961 — Transfer Pricing — Computation of arms length price — SLP granted against High Court's ruling that where services rendered were supported by invoices and assessee had achieved huge export turnover which demonstrated prima facie that services were in fact rendered by AE in obtaining exports order for assessee, TPO was justified in determining value of said services at nil — Commissioner of Income Tax vs. Max India Ltd.
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JUDGMENT
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1. Delay condoned.
2. Leave granted.
3. To be heard along with Civil Appeal No. 5576 of 2010.
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[2017] 246 TAXMAN 308 (SC) |
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