App Labs Technologies Pvt. Ltd. Versus DCIT, Company Circle Ltd. (1), Hyderabad - Income Tax - ITAT HYDERABAD - Tri - Transfer pricing adjustments - Held that - Following Global Vantedge Pvt. Ltd. Vs. DCIT 2009 (12) TMI 668 - ITAT DELHI - The total adjustments made together with the ALP already reported cannot exceed the total revenue earned by the appellant and its AEs from third party independent clients - The essential purpose of TP litigation is only to protect the legitimate tax base of I................................... Income Tax - Case Laws
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