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					| «  ITAT: TAX is payable on import of all software... | Foreign payments taxable: ITAT ... » |  
					| ITAT Allows Group Rates as Benchmark
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					| May, 29th 2010 |  
					| Transfer Pricing  The Mumbai Income Tax Appellate Tribunal recently held in an unreported case that 3 Global Services Private Ltd. could use hourly rates published by a well-known Indian software company association as a comparable uncontrolled price (CUP) in calculating arms-length prices. [3 Global Services Private Ltd., Mumbai ITAT] Enjoying this article. 
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