Income Tax Appeal in TCK Advisers Case Rejected; Transfer Pricing Relief Upheld: Delhi High Court
The Delhi High Court has dismissed an appeal filed by the Income Tax Department against M/s TCK Advisers Pvt. Ltd., thereby upholding substantial transfer pricing relief granted to the company. The dispute pertained to Assessment Year 2010–11 and involved international transactions between TCK Advisers Pvt. Ltd. and its associated enterprise, Trikona Advisors Mauritius Limited. Nature of Services and Dispute TCK Advisers Pvt. Ltd. provided investment advisory services exclusively to its…
