NTT DATA Global Delivery Services Private Limited, Bangalore vs Deputy Commissioner of Income Tax, Bangalore

Last updated: 23 December 2020

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