M/s Fiserv India Pvt. Ltd., New Delhi Vs. ACIT, New Delhi

Last updated: 29 September 2020
Quick Summary
This Income Tax Appellate Tribunal (ITAT) case involves M/s Fiserv India Pvt. Ltd. appealing against an assessment order. The primary issues under dispute are a significant transfer pricing addition for software development services, the classification of foreign exchange loss as speculative, and the disallowance of a donation deduction. The tribunal has reviewed the arguments and evidence presented by both the assessee and the revenue.

Court :
ITAT Delhi

Brief :
With this appeal, the assessee has challenged the correctness of the assessment order dated 26.12.2016 framed u/s 143(3) r.w.s 144C of the [hereinafter referred to as 'the Act' for short]

Citation :
ITA No. 5659/Del/2019

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1 Year PLAN
1999
(Excl. of GST ₹359)

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3499
(Excl. of GST ₹629)

3 Months PLAN
999
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