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Tuesday, January 7, 2014

Important Transfer Pricing Controversy Referred To Special Bench

Dear Subscriber,

Important Transfer Pricing Controversy Referred To Special Bench

Vide Order dated 06.01.2014 the Special Bench in the case of Maersk Global Service Centres (India) Pvt. Ltd has directed that the questions referred to it, relating to whether back office support services are comparable to KPO functions and whether companies earning abnormally high profit margin can be treated as comparable be reframed. The Special Bench has stated that the matter will be heard on 08.01.2014 and that assessees desiring to intervene in the matter should contact the Registry


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Editor,

 

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