1. VOLUME NO.: LLAT/1521 OF 2016-17 DATE: 6 August 2016
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Dear Client,
We have pleasure in listing below some of the recent legal landmarks.
SrNo Authority Section/Rules RATIO(S)
Citation /Subject CASE(NAME OF ASSESSEE)
1.1 DEL ITAT 92C
Support services co. and subscription fees co not comparable
1.2 71TM249 Transfer pricing
Linked In Technology Information (P) Ltd
2.1 PUN ITAT 92C
If segmented profits are not available the co can not be used as comparable.
2.2 71TM254 Transfer pricing
Yutaka Auto Parts Pune (P) Ltd
3.1 DEL ITAT 92C
Co. marketing products of UTI and marketing support services co are comparable
3.2 71TM255 Transfer pricing
Rolls Royce Energy Systems India (P) Ltd.
4.1 MUM ITAT 24(b)
Prepayment charges on home loans are deductible as interest
4.2 71TM332 Deductions from HP
Peepul Tree Properties (P) Ltd
5.1 GUJ HC 226
Cash Credit Account couldnt be attached for recovery of unpaid taxes
5.2 71TM276 Collection and recovery
Kaneria Granito Ltd
6.1 BANG ITAT 92C
software solutions and consultancy co and ITES co are not comparables
6.2 71TM281 Transfer pricing
Siemens Information Processing Services (P) Ltd.
