OLF (India) Software Pvt Ltd v ACIT [TS-456-ITAT-2021(Bang)-TP] [Judges: Shri Baskaran and Smt Beena Pillai] – The assessee is engaged in rendering software development services to AE. The assessee sought exclusion of Persistent Systems, Aspire Systems, Larsen and Toubro Infotech, Nihilent Technologies, Infosys Ltd, Thirdware Solution & Cybage Software on the ground that these companies […]
SECTION 260A – SUBSTANTIAL QUESTION OF LAW IN CONTEXT OF TP
As per section 260A of the Income Tax Act, an appeal shall lie to the High Court from order passed by ITAT, if the High Court is satisfied that the case involves a substantial question of law. In the context of Transfer Pricing, an issue arises that what circumstances substantial question of law arises. This […]