2018 (7) TMI 642 - SCH - Income Tax

Adjustment of the Arm s Length Price of the international transaction on payment of royalty by assessee to its Associated Enterprise, from the income of the assessee u/s 92C - Companies functionally dissimilar with of assessee need to deselected from final list - Held that - SLP dismissed.

Summary

The Supreme Court of India, with judges Mr. Rohinton Fali Nariman and Ms. Indu Malhotra, dismissed the Special Leave Petition due to lack of merit. Delay was condoned, and pending applications were disposed of. No representation was made by the respondent. (2018 (7) TMI 642 - SC Order)