toll from the users of the Expressway
Revenues from Land Development
Land for Development measuring about 2500 hectares shall be
made available ... selling fully developed plots for different purposes
after completing all external and internal development. This
will require further additional investment and additional period
to realize
Orange Business Services India ... vs Assessee on 8 May, 2015
IN THE INCOME TAX APPELLATE
exchange fluctuation is in the sale price and not on account of external
borrowing. The gain following the principle of FabIndia Overseas Ltd.(cited
supra ... fail:-
".................The appellant company is engaged in the business of
software development. It is not a case of the AO that the gain
Japan, for undertaking research and development
activities in relation to Honda Automobile and Power Equipment
companies. Since research and development was to be mainly carried ... Japanese company, the assessee was floated for conducting
research and development activities in India. Apart from the others, the
assessee reported an international transaction
Honda Siel Power Products Ltd., Uttar ... vs Assessee on 25 February, 2015
IN THE INCOME
Nippon Leakless Talbros Pvt. Ltd., ... vs Assessee on 28 August, 2015
IN THE INCOME TAX
Maruti Suzuki India Ltd., New Delhi vs Assessee on 24 August, 2015
IN THE INCOME
into heavy expenses. Regarding argument
of Ld. D.R. regarding Research and development expenses, Ld. A.R.
submitted that R&D was carried ... aforesaid premises as
the survey was carried out by external Government Authority being Central
Excise Department. Regarding difference in purchases as argued
Nikon India Pvt. Ltd., Gurgaon vs Assessee on 28 September, 2015
IN THE INCOME TAX
marketing functions. There is no gainsaying that as far as
Software Development is concerned, since the major
functions such as conceptualization and designing is
performed ... risks assumed by each enterprise and on the basis of
reliable external market data which indicates how such
contribution would be evaluated by unrelated enterprises
