Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2023 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2023 (8) TMI 869 - ITAT BANGALORETP Adjustment - HELD THAT:- As submitted that all the grounds of appeal is withdrawn for the reason that the resolution has been arrived at between Indian and US Competent Authorities in respect of the Transfer Pricing issues raised by the assessee before the Tribunal - Accordingly, the appeal is dismissed as withdrawn. CIT(Appeals) holding certain expenses to be part of operating cost of the assessee for the purpose of TP adjustment - Since the MAP resolution entered into with competent authorities covers the TP adjustment as reproduced above, the appeal of the revenue has become infructuous and accordingly dismissed. Thus both the appeals by the assessee and the revenue are dismissed.
|