Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2016 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2016 (11) TMI 1510 - HC - Income TaxTransfer pricing adjustment u/s 92CA - international transactions relating to receipts in respect of investment advisory services - selection of comparables - Held that:- This issue raised stands concluded against Revenue and in favour of the Assessee by the decision of this Court in CIT v/s. Carlyle India Advisors (P) Ltd. [ 2013 (4) TMI 486 - BOMBAY HIGH COURT] and CIT v/s. General Atlantic (P) Ltd. [2016 (3) TMI 736 - BOMBAY HIGH COURT] Appeal admitted on substantial question at (a) - Whether on the facts and in the circumstance of the case and in law, the Tribunal was justified in law in deleting the disallowance of expenditure of ₹ 10,41,90,731/u/ s. 40(a) (ia) of the Act ?
|