Feedback   New User   Login      
Tax Management India. Com TMI - Tax Management India. Com
Acts / Rules Notifications Circulars Tariff/ ITC HSN Forms Case Laws Manuals Short Notes Articles SMS News Highlights
        Home        
Extracts
Home List
← Previous Next →

The Commissioner of Income-tax-1, Hyderabad Versus M/s. CES Pvt Ltd

2014 (7) TMI 1238 - ANDHRA PRADESH HIGH COURT

Deduction u/s 10A computation - Held that:- Communication expenses should be excluded from both export turnover as well as total turnover for the purpose of computing deduction under Section 10A. - TPA - comparable companies selection - Held that .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ilarly, on the question of software segmentation, the learned Tribunal in paragraph 17 has followed various judgments of the Coordinate Benches. No substantial question of law. - I.T.T.A.No.442 OF 2014 - Dated:- 16-7-2014 - THE HON BLE THE CHIEF JUST .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ed 29.11.2003 passed in I.T.A.No.1445/Hyderabad/2010 in relation to the assessment year 2006-07 on the following suggested questions of law. 1. Whether, on the facts and in the circumstances of the case, the Tribunal was justified in rejecting compar .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

tified in rejecting comparable companies on the ground of functional difference when the tax payer itself did not consider the verticals and horizontals of the Software/ITES Sector? 3. Whether, on the facts and in the circumstances of the case, the T .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

case, the Tribunal was justified in rejecting the comparable companies merely on the grounds of extraordinary events like merger/demerger change in controlling stake, when the tax payer did not demonstrate effect of such events on the profitability .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

inclusion of such comparables either before the TPO or before the DRP? 6. Whether, on the facts and in the circumstances of the case, the Tribunal was justified in admitting the additional grounds and thereby allowing the tax payer to raise contenti .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

total turnover for the purpose of computing deduction under Section 10A of the Income-tax Act, 1961, without appreciating that there is no provision in the Act to reduce the same from total turnover? We have heard Mr. Prasad, learned Senior Standing .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

cial Bench Judgment of the Tribunal in the case of Saksoft and also the decisions of other Coordinate Benches in the case of Prithvi Information Solutions Ltd in I.T.A.No.225/Hyderabad/2005, dated 12.10.2007 and Income Tax Officer v. D.E. Block India .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 

Discussion Forum
what is new what is new
 


Share:            

|| Home || About us || Feedback || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version