Axis Private Equity Ltd. Axis Asset Management Company Ltd. The Digests for the earlier periods are available here I. The digest will prove invaluable to all practitioners of taxation law. These stocks have the potential to give multibagger returns in the future as well.
The assessee had extended a corporate guarantee in respect of loan of Rs. The Tribunal held that the assessee engaged in providing contract software development services to its AEs could not be compared to: Customers can get instant loan approval and disbursement which gets credited directly into their account.
Broadcom Communications Technologies Pvt. The Bank offers various loan and fee-based products and services to large and mid-corporate customers and small and medium Enterprise SME businesses.
Axis Mutual Fund Trustee Ltd. In addition, it also offers a wide range of treasury products and services to corporate customers. Socomec Innovative Power Solutions Pvt. Accordingly, where the assessee failed to discharge its onus of establishing the justification for clubbing and aggregating royalty transaction with other transactions, the Tribunal upheld the TP-adjustment made by the TPO on the royalty payment arrived at by benchmarking the royalty payment transaction under TNMM on standalone basis.
The Tribunal held that the assessee engaged in the business of providing contract software development services, back office support services, corporate IT support services and marketing support services to group entities could not be compared to: Axis Bank UK has a branch in London.
The Tribunal held that the assessee engaged in providing software development services to its AE could not be compared to: It invests in sovereign and corporate debt instruments and engages in proprietary trading in equity and fixed income securities, foreign exchange, currency futures and options.
Samsung Heavy Industries India Pvt. Where the assessee was engaged in the manufacture and export of tractors and the TPO rejected HMT Ltd as comparable on the ground that its turnover was Rs.
In addition to shipbuilding and ship repair, CSL also offers marine engineering training. GM Power Plant Responsibilities: It held that the margins of comparable concerns which are functionally comparable are to be selected and applied and in case any concern is engaged in various activities, then the segmental details of the activity, which were functionally comparable to the assessee were to be applied in order to work out the margins of the said concern Dover India Pvt.
The turbine was erected and commissioned successfully within scheduled time Nov. State Basketball Championship for five times Personal Details: Caplin Point manufactures pharmaceutical products and exports them to Venezuala and other Latin American countries.
It opined that it was obligatory on the part of TPO to bring on record the exact nature of services rendered by assessee and thereafter to compare the same with an uncontrolled transaction. Accordingly, he proposed adjustment an of Rs.
Manager QA from May. Mars International India Pvt. Axis Bank is the third largest of the private-sector banks in India offering a comprehensive suite of financial products. The bank has its head office in Mumbai, turnonepoundintoonemillion.com has 3, branches, 13, ATMs, and nine international offices.
The bank employs over 55, people and had a market capitalization of ₹ trillion (US$18 billion) (as on March 31, ). The Site is best viewed with screen resolution x The compatible browsers are Mozilla Firefox, Google Chrome and IE 8 (or above).
Axis Bank is the third largest of the private-sector banks in India offering a comprehensive suite of financial products. The bank has its head office in Mumbai and registered office in Ahmedabad.
It has 3, branches, 13, ATMs, and nine international offices. The bank employs over 55, people and had a market. The Digest comprises of all the important judgements dealing with transfer pricing, international taxes and domestic taxation laws.
A brief head note is given for each case.
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