Accordingly, it deleted the addition made by the TPO. The Final forest clearance under F. Carbon foot print studies were conducted for F. Ltd [TSHC BOM -TP] held that Rolta India Ltd could not be accepted as a comparable while conducting the benchmarking exercise of the assesse engaged in providing engineering design services as its financial results pertained to a different accounting period.
It stated the determination of the ALP had to be done only by following one of the methods prescribed under the Act and since the Revenue had not acted in accordance with the clear mandate of law, it held that the appeal of the Revenue did not give rise to any substantial question of law.
Due the low rainfall and its short duration, agricultural activities are mostly dependent upon canal irrigation and tubewells. VeriFone India Technology Pvt. Price Waterhouse and Anr.
The Digest comprises of all the important judgements dealing with transfer pricing, international taxes and domestic taxation laws.
Timing is most crucial element in investing or trading. For record whole metal sector closed in red. The TPO had applied the CUP method and determined Nil ALP of the services contending that assessee had failed to substantiate actual receipt of the services or the benefit received from these services.
It noted that the foreign exchange loss and gains were in respect of revenue items. It opined that it was obligatory on the part of TPO to bring on record the exact nature of services rendered by assessee and thereafter to compare the same with an uncontrolled transaction.
Accordingly, it held that turnover could not be a relevant criteria in a service sector where fixed overheads were nominal and the cost of service was in direct proportion to the services rendered. The default look back period of this strategy is 7 days which means that if the price range of any particular days is lowest as compared to last 7 days, then that day is termed as NR7 day.
Capital structure ratios include debt to equity and debt to asset ratios, and liquidity ratios include coverage ratios and solvency ratios. The assessee had purchased raw materials from its AE during AY and adopted the CUP method as the most appropriate method by considering the purchase price of the said raw material of the AE.
ICVL undertook strategic review of Benga operations by an external consultant to consider re-starting of operations whilst coking coal prices remained volatile during the year. Field assessment and implementation of Mine Transport Surveillance System. This strategy seems to work very well in indexes especially Nifty and Banknifty.
Large area Diamond Prospective Blocks: Further, even otherwise an adjustment due to assumption about lower credit rating of the subsidiary was not warranted. Expressing surprise that Revenue had filed an appeal against Tribunal order which was in its favour, the Court held that when the Tribunal held that the Transfer Pricing Officer was right in considering this company as comparable whereas some other instances wherein the said company was held to be not comparable were left out from consideration by the Tribunal, then, such findings and conclusion essentially on facts did not raise any substantial question of law.
Grohe India Private Ltd. The Stadium can accommodate only 8, spectators. Safety Committees have been constituted in every operating mine and pit safety meetings are held every month discussing the safety matters and corrective actions related to work atmosphere.
We used to send all our models to Japan for testing; all that can be done here. An annexe to the east of the hall is Guru ka Langar. Sign up to open an account.
Considering the observations of the High Court with respect to bundling of transactions, it observed that the essence of the judgment was that the two international transactions of Distribution and AMP was to be examined as per transfer pricing provisions, but on an aggregate basis and clarified that the Distribution and AMP expenses, were being aggregated only for ALP determination purposes, and the same did not take away the separate character of the AMP transaction.
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Steel Plant Project The progress in the Steel Plant in has been quite good as compared to the previous years in all the fields.
On appeal, the Tribunal held that assessee had not substantiated that the AE had not derived any benefit or mark up on the price charged by the vendor for supply of material to it AE.
Where the Tribunal had upheld use of Berry Ratio i. Faber Castell India P. Low Risk High Reward Posted on by admin Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of a security trends up or down after a brief consolidation in a narrow range.
Smart Portfolio Tracker Say goodbye to hours of calculation and track the performance of your investments by gaining up-to-the-minute movements of your holdings on our Smart Portfolio Tracker. It also held that the TPO had not performed his duty of determining ALP of interest payment made by assessee, but had only analyzed and questioned the international transactions.
Security analysts use financial ratios to compare the strengths and weaknesses of various companies.
The Department of Urban Local Bodies asked for recommendations for smart city contenders from all municipal bodies. Accordingly, the assessee claimed that the money had been advanced due to business expediency, which was disregarded by the TPO who made an addition of Rs.
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Rohtak (listen (help · info)) is a city and the administrative headquarters of the Rohtak district in the Indian state of Haryana.
It lies 70 kilometres (43 mi) north west of New Delhi and kilometres ( mi) south of the state capital Chandigarh on NH 9(old NH 10). Rohtak forms a part of the National Capital Region (NCR), so it can obtain cheap loans for infrastructure development from.
The Digest comprises of all the important judgements dealing with transfer pricing, international taxes and domestic taxation laws. A brief head note is given for each case. Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of a security trends up or down after a brief consolidation in a narrow range.
Financial Ratios Analysis of Maruti Suzuki India Ltd. - The Key ratio of Maruti Suzuki India Ltd. Company, including debt equity ratio, turnover ratio etc. Get Maruti Suzuki India latest Key Financial Ratios, Financial Statements and Maruti Suzuki India detailed profit and loss accounts.
Long Term Debt Equity Ratio Debt Coverage.Download