https://www.taxtmi.com/caselaws?id=383923 The appeal against the ITAT order for AY 2007-08 was successful for the Assessee, a subsidiary providing IT services with international transactions. The CIT (A) allowed the appeal on the deduction issue under Section 10A and directed the inclusion of comparables for transfer pricing adjustment. The assessment on a non-existent company was deemed void ab initio due to amalgamation, following Supreme Court precedent. The ITAT decision was upheld, emphasizing the importance of consistency and accuracy in tax assessments to maintain certainty in tax matters. en-us Tue, 30 Jul 2019 00:00:00 +0530 Fri, 02 Aug 2019 06:27:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383923 The appeal against the ITAT order for AY 2007-08 was successful for the Assessee, a subsidiary providing IT services with international transactions. The CIT (A) allowed the appeal on the deduction issue under Section 10A and directed the inclusion of comparables for transfer pricing adjustment. The assessment on a non-existent company was deemed void ab initio due to amalgamation, following Supreme Court precedent. The ITAT decision was upheld, emphasizing the importance of consistency and accuracy in tax assessments to maintain certainty in tax matters. Case-Laws Income Tax Tue, 30 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383923