Addl. Commissioner of Income Tax Versus M/s. UBS Securities India Pvt. Ltd. - Income Tax - Case Laws

Addl. Commissioner of Income Tax Versus M/s. UBS Securities India Pvt. Ltd. - Income Tax - ITAT MUMBAI - Tri - The TPO has taken wrong segment of comparable company (Crisil Ltd) and in fact the correct segment should have been research and information services - The TPO in his show cause notice has also taken this particular segment information which disclosed the operating margin at 9.20 percent - The learned Commissioner (Appeals) has rightly appreciated the information and has held that the TPO has ................................... Income Tax - Case Laws