https://www.taxtmi.com/caselaws?id=306091 The High Court heard appeals by the Assessee against ITAT orders for AY 2011-2012 and AY 2012-2013, focusing on the Assessee's involvement in knowledge management systems and international transactions, specifically in providing Knowledge Process Outsourcing (KPO) services to Associated Enterprises. The Court clarified that the ITAT's decision would not set a precedent for future cases, leaving the question open for determination in a suitable case. The appeals were disposed of with the Court emphasizing that its ruling was specific to the Assessee's circumstances, aiming to address immediate concerns while allowing for a more definitive decision in the future. en-us Mon, 29 Jul 2019 00:00:00 +0530 Mon, 09 Jan 2023 20:34:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306091 The High Court heard appeals by the Assessee against ITAT orders for AY 2011-2012 and AY 2012-2013, focusing on the Assessee's involvement in knowledge management systems and international transactions, specifically in providing Knowledge Process Outsourcing (KPO) services to Associated Enterprises. The Court clarified that the ITAT's decision would not set a precedent for future cases, leaving the question open for determination in a suitable case. The appeals were disposed of with the Court emphasizing that its ruling was specific to the Assessee's circumstances, aiming to address immediate concerns while allowing for a more definitive decision in the future. Case-Laws Income Tax Mon, 29 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306091