Exensys Software Solutions Ltd.,, ... vs Department Of Income Tax on 27 November, 2015
IN THE INCOME TAX APPELLATE TRIBUNAL
HYDERABAD BENCH "B", HYDERABAD ... Assessment Year: 2009-10
Dy. Commissioner of Income- vs. M/s Exensys Software
tax, Circle - 2(2), Hyderabad. Solutions Ltd., Hyderabad.
PAN - AACCS8462M
(Appellant) (Respondent
Planet Onlin e Pvt. Ltd.
providing software development services to its Associated Enterprises
(AE). It provides a range of software development services for
upgrading/enhancing ... software solutions including preparation of
functional specification documents, preparation of technical designs,
coding, testing etc. to its AE, which deals in providing solutions
relating
Floor, A Wing, Plot No.11 I.T.Towers, Masab Tank,
Software Units Layout, Infocity, Hyderabad 500004
Madhapur, Hyderabad 500082
PAN-AAACI 4487 J
(Appellant ... Tank, Enterprises Ltd), 4th Floor,
Hyderabad 500004 A Wing, Plot No.11
Software Units Layout,
Infocity,Madhapur,
Hyderabad 500082
PAN-AAACI 4487 J
(Appellant) (Respondent
Officer,
Former Managing Director Ward 3(4), Hyderabad
of M/s.Suvistas Software Pvt.
Ltd., Hyderabad
(PAN - ACGPR 6994 J)
(Appellant) (Respondent)
Appellant by : Shri ... Hyderabad dated
30.11.2007 passed in the case of M/s. Suvista Software Private
Limited (Company) is filed before this Tribunal by Shri R.Subba
Suvistas Software Pvt. Ltd., Hyderabad vs Assessee on 27 March, 2015
IN THE INCOME TAX APPELLATE TRIBUNAL
HYDERABAD BENCHES "A" : HYDERABAD
BEFORE SHRI ... Officer,
Former Managing Director, vs. Ward 3(4)
M/s. Suvastas Software P. Hyderabad
Ltd., Hyderabad
PAN AAECS9112N
(Appellant) (Respondent)
For Assessee : Mr. P. Raviseshagiri
which
are challenged by assessee are:
i. Bodhtree Consulting Ltd
ii. Exensys Software Solutions Ltd
iii. Sankhya Infotech Ltd
iv. Foursoft Ltd
v. Thirdware Solutions ... ordinate bench of this Tribunal in
the case of DE Shaw India Software Pvt. Ltd., for exclusion of these two
companies from the list
company has been registered as a 100% export
oriented unit under the software technology parks of India
(STPI) Scheme. It is engaged in providing software ... Convergys Group"). Convergys group
compensates assessee company for software development
and support services on cost plus basis without regard to
the success or failure
subsidiary of Alliance Holdings Inc., USA. Basically, assessee is
engaged in providing software development and consulting services
to its Associated Enterprises (AEs). To be specific ... undertaken the following international
transactions:
AE Nature of transaction Amount (Rs.)
Alliance Software 34,53,32,211
Consulting Group development and
Associates Inc., consulting services
Service Centre
(ORSC) at Hyderabad, which is a 100% EoU registered under
Software Technology Park of India (STPI) Scheme. For the AY under
dispute, assessee ... licence fee of Rs. 1,00,99,916 paid towards operating software and
application software by treating the same as capital in nature. Being
aggrieved
owned subsidiary of Pegasystems, USA, an Associated Enterprise (AE). Assessee
is a software solution provider to business process management software
solutions and business rules platform ... document:
A.E. Nature of transaction Amount (Rs)
Pegasystems Provision of Software 29,20,96,158
Worldwide Inc. development services
Pegasystems Reimbursement of expenses
