Search Results Page
Search Results
1 - 5 of 5 (0.23 seconds)Mckinsey Knowledge Centre Pvt. Ltd.,, ... vs Dcit, New Delhi on 15 December, 2016
This view is supported by the coordinate
bench of this Tribunal in the case of DCIT vs. McKinsey
knowledge Centre India private limited in ITA No.
2195/del/2011 wherein it has been held that if a company is
Page | 13
Sun Life India Services Centre Pvt. Ltd Vs. ACIT,
ITA No. 468/Del/2017
(Assessment Year: 2012-13)
functionally comparable, it cannot be rejected merely on the
ground that data for the entire financial year was
unavailable, if the data can be reasonably extrapolated.
Hon'ble tribunal further observed that rule 10 B (4) cannot
be interpreted in such a rigid manner so as to defeat the
basic objective of the rule. The relevant extract of the ruling
are reproduced below: "
Section 115JAA in The Income Tax Act, 1961 [Entire Act]
Section 234B in The Income Tax Act, 1961 [Entire Act]
Section 234C in The Income Tax Act, 1961 [Entire Act]
1