Olympus Medical Systems India Pvt. Ltd., Gurugram DCIT, Circle- 3(1), Gurugram

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Last updated: 17 December 2020
Quick Summary
This Income Tax Appellate Tribunal case involves Olympus Medical Systems India Pvt. Ltd. appealing against an order for the Assessment Year 2015-16. The appeal focuses on three main areas: adjustments made to advertisement, marketing, and promotion expenses; the use of the Cost Plus Method and Bright Line Test for protective adjustments; and the issue of interest on outstanding receivables. The assessee also sought to introduce an additional ground of appeal, citing a Supreme Court decision.

Court :
ITAT New Delhi

Brief :
This appeal by the assessee is preferred against the order dated16.10.2019 framed u/s 143(3) r.w.s 144C of the Act for the Assessment Year 2015-16.

Citation :
ITA No. 8892/DEL/2019

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1 Year PLAN
1999
(Excl. of GST ₹359)

2 Years PLAN
3499
(Excl. of GST ₹629)

BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)

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