LATEST DETAILS

Computation of arms length price SLP admitted to decide whether data to be used for comparability analysis should be of same financial year in which international transactions were entered into by tested party

SUPREME COURT OF INDIA

 

Petition for Special Leave to Appeal (C) Diary No(S) 18825 of 2017.

 

Commissioner of Income Tax...............................................................Appellant.
V.
PTC Software (I)(P.) Ltd. ....................................................................Respondent

 

A.K. Sikri and Ashok Bhushan, JJ.

 
Date :August 4, 2017.
 
Appearances
A.N.S. Nadkarni, ASG, Arijit Prasad, S.A. Haseeb Advs. And Mrs. Anil Katiyar, AOR for the Petitioner.


Section 92C of the Income Tax Act, 1961 — Transfer Pricing — Computation of arms length price — SLP admitted to decide whether data to be used for comparability analysis should be of same financial year in which international transactions were entered into by tested party — SLP admitted to decide whether services rendered by KPO and LPO are inherently different from nature of services being rendered by BPO — Commissioner of Income Tax vs. PTC Software (I)(P) ltd.


ORDER


Delay Condoned.

Leave Granted.

To Be heard along with C.A. No. 11341 of 2016.

 

[2017] 250 TAXMAN 74 (SC)

 
Professional services available Audit Management
Tax Lok English Viedo
Tax Lok Hindi Viedo
Check Your Tax Knowledge
Youtube
HR Consulting services

FOR FREE CONDUCTED TOUR OF OUR ON-LINE LIBRARIES WITH OUR REPRESENTATIVE-- CLICK HERE

FOR ANY SUPPORT ON GST/INCOME TAX

Do You Want To Take FREE DEMO Of Our GST/Income Tax Library.