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2015 (10) TMI 2180 - AT - Income TaxComputation of deduction u/s.10A without setting off the losses of units on which 10A has not been claimed as directed by CIT(A) - Held that:- CIT (A) had followed the jurisdictional High Court judgment in the case of CIT v. Yokogawa India Ltd [2011 (8) TMI 845 - Karnataka High Court]. Revenue's decision to move an appeal before Hon'ble Apex Court against this judgment will not be a reason not to follow this judgment. Similarly acceptance of a judgment of the High Courts or orders of this Tribunal are irrelevant since all parties are under law obliged and duty-bound to follow them. - Decided against revenue Transfer pricing adjustment - CIT(A) directing the AO to re-compute mean margin and work out the quantum of TP adjustment - CIT(A) directing the AO to consider current year data for comparable M/s Net Axis Software Services Ltd and to consider M/s. Dynacons Solutions & Systems Ltd as comparable - Held that:- If financial data for relevant previous years were available in public domain, it could be considered as good comparables. CIT(A)'s direction was only to verify this aspect. He did not limit the power of the AO / TPO to consider their comparability on their yardsticks. We are of the opinion that order of CIT (A) does not suffer from any ambiguity and was fair and appropriate in the circumstances of the case - Decided against revenue
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