2016 (8) TMI 1285 - SCH - Income Tax

TPA - ALP determination - MAM selection - Addition as the adjustment is with 5 per cent - Disallowance under section 14A - No substantial question of law involved as decided by HC 2015 (6) TMI 1123 - BOMBAY HIGH COURT - Held that - Leave granted.

Summary

The Supreme Court of India granted leave and tagged the case with C.A. No. 7019 of 2011. Justices Kurian Joseph and Shiva Kirti Singh delivered the order. Petitioner represented by P. S. Narasimha, ASG, Arijit Prasad, S. A. Haseeb, and Anil Katiyar. Respondent represented by Chandra Prakash, Ajay Sharma, Rajeev Sharma, Neelam Sharma, and J. K. Mohpatra.