Court :
ITAT Bangalore
Brief :
The assessee has filed this appeal challenging the order dated 19.7.2016 passed by Ld. CIT(A)-44, New Delhi and it relates to assessment year 2005-06.
Citation :
IT(TP)A No.2028/Bang/2016
IN THE INCOME TAX APPELLATE TRIBUNAL
“C’’ BENCH: BANGALORE
BEFORE SHRI GEORGE GEORGE K., JUDICIAL MEMBER
AND
SHRI B.R. BASKARAN, ACCOUNTANT MEMBER
IT(TP)A No.2028/Bang/2016
Assessment Year: 2005-06
NTT Data Global Delivery Services
Pvt. Ltd. (Formerly Keane India
Limited)
17 & 17/1, South End Road
Basavangudi
Bengaluru-560 004
PAN NO : AABCK7777J
APPELLANT
Vs.
Deputy Commissioner of
Income-tax
Circle-5(1)
Bangalore
RESPONDENT
Appellant by : Shri Nageshwar Rao, A.R.
Respondent by : Shri Pradeep Kumar, D.R.
Date of Hearing : 16.12.2020
Date of Pronouncement : 17.12.2020
O R D E R
PER B.R. BASKARAN, ACCOUNTANT MEMBER:
The assessee has filed this appeal challenging the order dated 19.7.2016 passed by Ld. CIT(A)-44, New Delhi and it relates to assessment year 2005-06.
2. Though the assessee has raised many grounds and additional grounds, the Ld. A.R. restricted its arguments on the following issues:
1) Transfer pricing adjustment - Exclusion of 4 comparable companies
2) Whether provision made for bonus is a contingent liability or ascertained liability for the purpose of section 115JB of the Act.
3) Disallowance u/s 14A of the Income-tax Act,1961 ['the Act' for short].
To know more in details find the attachment file