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2021 (6) TMI 213 - ITAT PUNETP Adjustment - adjustment on account of management services fees - CIT-A deleted the addition - DR argued that deductibility of expenditure in the context of normal provisions such as section 37 of the Act cannot be applicable to the transactions between associated enterprises governed by the transfer pricing provisions - HELD THAT:- We note that in order to arrive at such conclusion this Tribunal placed reliance in A.Y. 2013-14 in assessee’s own case vide its order dated 04-07-2019 [2019 (7) TMI 1826 - ITAT PUNE] wherein, the Tribunal upheld the order passed by the CIT(A) deciding the similar issue in favour of the assessee for A.Y. 2013-14. Therefore, the order of CIT(A) is justified. Thus, the grounds raised by the Revenue are dismissed.
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