1049/PUN/2017
MAN Diesel & Turbo India Pvt. Ltd.,
'sale of diesel engines' and 'sale of spare parts' because ... 1049/PUN/2017
MAN Diesel & Turbo India Pvt. Ltd.,
diesel engines manufactured by the assessee in India and exported
to its AEs, the traded
case.
ITA Nos.377 & 378/PUN/2014
5
Honeywell Turbo
Technologies (I) Pvt. Ltd. & Anr.
4. The assessee has also filed additional grounds ... Limited, Cosmic Global Limited,
ICRA Online Limited (Outsourced Service segment); Mahindra Consulting
Engineers Limited).
Grounds in respect of international transactions pertaining to
management and administrative
exclude Kirloskar Oil Engines Ltd. and Greaves
Cotton Ltd. from comparables but directed to include UMS Technologies
Ltd. (Engine segment) in the set of comparables ... Diesel & Turbo India Pvt. Ltd.
Ltd. at (-) 5% when the audited Balance Sheet itself shows the loss of
Engine segment at (-) 22.89%. We find
independent entities in Korea and
China for the manufacture of same Diesel engines. Not only the
assessee placed on record invoices issued by the assessee ... between MAN Diesel and Turbo Denmark
(being same entity which licensed the technical knowhow to the
assessee also) and STX Engine Company Ltd., Republic
independent entities in Korea and China for the manufacture of
same Diesel engines. Not only the assessee placed on record
invoices issued by the assessee ... between MAN Diesel and Turbo Denmark (being
same entity which licensed the technical knowhow to the assessee
also) and STX Engine Company Ltd., Republic
Private Vs. ACIT, Circle-1,
Limited, Aurangabad
(Formerly known MAN Diesel and
Turbo India Private Limited),
E-73, MIDC, Waluj,
Aurangabad - 431 136
PAN : AAACM0320L ... subsidiary of MAN Diesel and Turbo SE,
Germany. It is engaged in the business of manufacture of Diesel
engines, trading of Diesel engine spares
Agrima Consultants International
Limited, L&T Ramboll Consulting Engineers Limited and Mahindra
Consulting Engineers Limited);
Working capital adjustment
20. erred in not granting working ... allowed to the Appellant;
5
ITA No.2584/PUN/2012
Honeywell Turbo (India) Pvt. Ltd.
4. Briefly, in the facts of the case, the assessee
services content provider specializing in land based technologies,
skilled manpower, scientists, civil engineer. Further, it was pointed out by the
learned Authorized Representative ... considered the profitability
19
ITA No.784/PN/2014
M/s. Cummins Turbo Technologies Ltd., UK
trend of comparables and found
Industries India Pvt. Ltd. reported in 239 Taxman 46 (Bom) had excluded
Engineers India Ltd. being government company and where substantial part of
its revenue ... Public Sector Undertakings.
Following the same parity of reasoning, we hold that Engineers India Ltd. and
the other concerns M/s. KITCO
components. The assessee was a joint venture company between Larsen &
Turbo Limited (L&T), India and Deere & Co. Both joint venture partners ... payments were made towards the services of CEO, Quality
Manager and Manufacturing Engineer. The assessee also stated that an
identical addition was made
