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From the Courts »
 Khazan Singh Anand, Kothi No. 2, GF Kailash Enclave, Pitampura, New Delhi Vs. ITO, Ward 40(5), New Delhi
 M/s GAIL (INDIA) LTD 16, BHIKAJI CAMA PLACE NEW DELHI Vs. ADDL. CIT, RANGE 12 C.R. BUILDING, NEW DELHI
 Total Integrated Design (India) Pvt. Ltd. LG F7A, Mandakini NRI Complex, Greater Kailash IV, New Dlehi. Vs. ITO Ward 25(3) C.R. Building, New Delhi.
 Sayar Devi Baid, 1/1942A, Moti Ram Road, Shahdra, New Delhi Vs. ITO Ward 56 (3) New Delhi.
 SNW Smith Consultants Pvt. Ltd, 8 th Floor, Commercial Tower, Hotel Le Meredien, Janpath, New Delhi Vs. ACIT, Central Circle 5, New Delhi
 Shri Sanjeev Gupta, City Hospital and Maternity Home, Nursing Home Site 2, Opp. Sagar Cinema, Sector 16, Faridabad, Vs. Income Tax Officer, Ward 2(3), Faridabad.
 Orange Business Services India Solutions Pvt. Ltd, (earlier known as Equant Solutions India Pvt. Ltd) Vs. DCIT, Circle-3, Gurgaon
 Ved Parkash Bharti, S/o. Shri Parmanand, H. No. 1049-50, Sector-13-17, HUDA, Panipat Vs. ACIT, Central Circle, Karnal
 Itochu Corporation, 5-1, Kita-Aoyama, 2 Chome, Minato-Ku Vs. ACIT (International Taxation), Circle 2(1)(1) New Delhi.
 No Tax applicable on Securities Premium even if used to set off losses: ITAT deletes addition against Hindustan Coca Cola
 Bertelsmann Marketing Services India Pvt. Ltd, 215, Second Floor, Suneja Tower-II, District Centre, Janakpuri, New Delhi Vs. DCIT, Circle-4(2), New Delhi
 DIT vs. Autodesk Asia Pvt Ltd (Karnataka High Court)
 
 
 

Bertelsmann Marketing Services India Pvt. Ltd, 215, Second Floor, Suneja Tower-II, District Centre, Janakpuri, New Delhi Vs. DCIT, Circle-4(2), New Delhi
November, 19th 2020

This is an appeal filed by Bertelsmann Marketing Services India Private Limited (The Assessee/ Appellant) against the order of the ld Deputy Commissioner Of Income Tax, Circle 4 (2), New Delhi (the learned AO) dated 9/10/2015 passed u/s 143 (3) read with Section 144C of The Income Tax Act, 1961 (The Act)dated 09/10/2015 for the Assessment Year 2010-11 determining the total income of the assessee at Rs Nil against the returned income at a loss of ₹ 7,323,902/– as per return of income filed on 29/11/2011. The returned income has one adjustment of Rs 195,70,892/– on account of the order of the learned Asst Commissioner Of Income Tax, Transfer Pricing Officer –I (1) (1), New Delhi [ The Ld TPO] passed u/s 92CA of the act on 7/1/2015 where the total adjustment was proposed at ₹ 21,113,342/– comprising of arm’s-length price of the ITeS services of ₹ 21,053,389 and another adjustment on account of outstanding receivable of ₹ 59,953/– which was subject to the direction of the Dispute Resolution Panel – 1, New Delhi (the learned DRP) dated 9/9/2015 after which the ALP of provision of ITeS services of ₹ 141,969, 072/– was determined at ₹ 135,208,614/– which resulted into an adjustment of Rs 1 95,10,939/– and interest on outstanding receivable was retained at ₹ 59,953/–. Thereby, assessee is aggrieved and has preferred this appeal.

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