Bausch and Lomb Eyecare (India) Pvt. Ltd. and Another Vs. The Additional Commissioner of Income Tax and Others

Decided On : Dec-23-2015

Court : Delhi

LAW: Section 260A, the Companies Act, Section 37, Section 92CA(1, the Bright Line Test( ˜BLT', the Division Bench, the Income Tax Act, Section 92B, the Income Tax Act, Chapter X, the Income Tax Act, Chapter X and Section 37(1, Chapter X, Chapter X, Section 40A(2)(b, Chapter X, the Bright Line Test the Special Bench, Chapter X of the Act, Section 92(3, the CUP Method, Section 37(1, Section 3 7, Chapter X of the Act, Section 92B, Chapter X, Section 92B(1, Section 37(1, Chapter X, Section 92B, Section 92 of the Act, Chapter X of the Act, Chapter X, Section 92, Section 92C, Section 92B(1, Section 92B, Section 92F, Section 92B, the Explanation to Section 92, Section 92F (ii, Chapter X, Chapter X, the Explanation to Section 92B, Section 40, Chapter X, Section 92C, Chapter X, Section 10, Indian Income Tax Act

PERSON: S. Muralidhar, ITA Nos, Lomb Eyecare, BLT, Ericsson, Ericsson, Ericsson, BLT, xvii, Mark, Ericsson, BLT, Ericsson, Ericsson, Ericsson, Ericsson, Ericsson, BLT, Ericsson, Ericsson, Ericsson, Ericsson, Nageswar Rao, Ericsson, Ericsson, Rao, Ericsson, Rao, Ericsson, Rao, BLT, Rao, BLT, Rao, Rao, Rao, Ericsson, Rao, G.C. Srivastava, Srivastava, Ericsson, Srivastava, Ericsson, BLT, Ericsson, BLT, Srivastava, i. e., Ericsson, Ericsson, Question, Ericsson, BLT, Srivastava, BLT, BLT, BLT, David

ORG: J. Introduction 1, The Assessment Years ( ˜AYs', the Income Tax Appellate Tribunal ( ˜ITAT', ITA, ITA, ITA No, Bausch, Lomb (India) Pvt. Ltd. ( ˜BLI', Bausch, Excimer Laser System, BandL Opticare Inc., USA ( ˜BandL, BandL, Group, the BandL Group, BandL, the BandL Group, BandL, AE, AO, AO, AE, TPO, the Vision Care and Surgical Segments, Transactional Net Margin Method, TP, TPO, TPO, AE, BandL, AMP, TPO, AMP, TPO, AE, AMP, TPO, AMP, TPO, AE, AP, TPO, AMP, TPO, DRP, TPO, AO, the Dispute Resolution Panel ( ˜DRP', AMP, DRP, inter alia, TPO, AE, AMP, TPO, AE, TPO, BandL, BandL, AMP, AO, AO, AMP, ITA No., AMP, LG Electronics India Pvt. Ltd., ACIT, ITD 41, AMP, AMP, TPO, TPO, AE, Sony, LG Electronics, Court, Sony Ericsson Mobile Communications, Income Tax, Court, Sony Ericsson Mobile Communications, Discovery Communications India, Daikin Air-conditioning, Reebok India Company, Canon India Pvt, Court, Sony, Sony Mobile Communications India Pvt. Ltd., Reebok India Company, Canon India Pvt, Sony Mobile Communications India Pvt. Ltd., TNMM, Reebok India, RP, Sony, the Transfer Pricing Officer, Advertising/Marketing and Promotion Expenses, the Transfer Pricing Officer/ Assessing Officer, AMP Expenses, Nos.2, the Income Tax Appellate Tribunal, AMP Expenses, the Income Tax Appellate Tribunal, the Transfer Pricing Officer, LG Electronics India, Sony, Court, LG Electronics, TPO, ALP, AO, TNMM, AMP, AMP, TNMM, LG Electronics Case, CIT, EKL Appliances Ltd., the Supreme Court, the LG Electronics Case, RP Method, RP Method, CP Method, AMP, AMP, AMP, AMP, AMP, AO, AMP, TNM, RP Method, AO, ALP, ITA Nos, TPO, LG Electronics, AO, ITAT, TPO, intra group support services, ITAT, AE, TPO, Court, Sony, AO/TPO, ITAT, TPO, AMP, the Transactional Net Margin Method ( ˜TNMM', Profit Level Indicator ( &, TPO, ITAT, Court, Sony, TPO, AMP, Sony, AMP, Advertisement, Marketing and Promotion, AMP, Tribunal, AMP, L.G. Electronics India Private Limited, Income Tax, L.G. Electronics, the Transfer Pricing Officer, AMP, Appellant, Tribunal, L.G. Electronics, Hon'ble Court, AMP, AMP, Income Tax Rules, AMP, AMP, AMP, Vision Care Segment, Transactional Net Margin Method, TNMM, Tribunal, L.G. Electronics India Private Ltd., Income Tax, Court, Comparable Uncontrolled Price, CUP, AMP, Advertisement, Marketing and Promotion, AMP, Advertisement, Marketing and Promotion, AMP, Appellant, Transfer Pricing Officer, Tribunal, this Hon'ble Court, Sony Ericsson Mobile Communications, CIT, ITR, AMP, AMP, Income Tax Rules, AMP, AMP, Tribunal, this Hon'ble Court, Sony, AMP, TNMM, Tribunal, Court, Sony, AMP, Tribunal, TPO, TPO, AO/TPO, LG Electronics India Pvt, TPO, LG Electronics India Pvt. Ltd., ACIT, TPO, TPO, Sony, TPO, Court, TPO, LG Electronics, Court, Sony, Special Leave Petition ( ˜SLP', the Supreme Court, Sony, Sony, the Supreme Court, Court, Court, Sony, AMP, AE, AMP, AE, AMP, AE, Sony, AE, Sony, Sony, AMP, Sony, AMP, TPO, AMP, AMP, AE, AMP, AE, AMP, AMP, Reliance, the Supreme Court, Detergents India Ltd., TP, AE, AMP, TP, AMP, TPO, AMP, Court, CIT, EKL Appliances Ltd., AMP, AMP, TPO, AMP, AE, TPO, AMP, AMP, AMP, Sony, AMP, OECD, AE, AMP, TP, intra group, TPO, TPO, Comparable Uncontrollable Price ( ˜CUP', TPO, TP, AMP, AMP, TPO, AMP, TPO, AE, AMP, AE, AE, AE, AMP, Sony, Court, AMP, Sony, ALP, TNMM, AE, AMP, ALP, TNMM, Sony, the Supreme Court, BLT, AMP, intra group, AMP, Sony, AE, Sony, Reebok India, Sony Ericsson India, AE, AE, AMP, AMP, AE, AE, Sony, Sony, AMP, AE, Court, Maruti Suzuki India Ltd., Income Tax, ALP, ALP, ALP, ALP, ALP, ALP, TP, ALP, AEs, AMP, BLI, BLI, BandL, BLI, AMP, BandL, Explanation, AMP, Maruti Suzuki India Ltd., Court, MSIL, SMC, AMP, AMP, SMC, SMC, Whirlpool of India Ltd., Court, the Supreme Court, Daiichi Sankyo Company Ltd., Jayaram, Zenotech Laboratory Ltd., the Ranbaxy Group, Daiichi Sankyo Company, the Securities and Exchange Board of India (Substantial Acquisition of Shares, AMP, AMP, AMP, AE, Sony, AMP, AMP, CIT, EKL Appliances Ltd., TPO, Inc, AMP, AMP, AE, Court, Maruti Suzuki India Ltd., Court, AMP, ALP, Court, Court, Sony, ALP, TP, ALP, AMP, AMP, BLT, AE, AMP, AE, AMP, AE, Court, TPO, AMP, Maruti Suzuki India Ltd., Court, AMP, AO, AO, AO, CIT, B.C. Srinivasa, ITR 294, SC, PNB Finance Ltd., CIT, SC, AMP, AE, AMP, AE, the intra group services, AE, TPO, EKL Appliances, Court, AMP, AE, BandL

CARDINAL: seven, five, two, 2, 643, 675, 676, 677, 3, two, 166, 4, 5., 13,000, more than a hundred, 6, 7, 8, 10, two, 11, 25.86, 13.53, 9.90, 6.24, 12, 13, two, 14, 15, 16, 2:1, 140, 17, 374, 118, three, 19, 3, 17.4, 23.01.2013, 20, 92CA(2A, 2012, 345, 241, 10B(1)(c, 21, four, four, 22, 471, 24, 25, 26, 27, 374, 118, 1, two, 1, 152, 273, 2, 3., 14, 29, 30, 31, No.2, 32, 33, three, 34, 7, 198, 36, 37., 38, 39, 3.13, 3.15, 41, one, 43, 51, 52, 47, 39, 60:40, 48, 49., 50, 52, two, two, 610, two, 1, 1, one, five, 55, 92, 92E, two, between two or, 2, 1, two, 56, two, between two or more, one, 57, two, one, one, 1, 59, two, two, two, 60, 61, 62, 68, one, one, 71, 74, 63, 75, two, 2, one, 64, 128, 307, 2, 66, 67, 68, 69

GPE: Assessee, Assessee, ITA Nos, Assessee, Assessee, Assessee, USA, USA, Assessee, USA, Assessee, Assessee, Assessee, Assessee, USA, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, USA, Assessee, India, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, India, Assessee, Assessee, Assessee, USA, USA, USA, Assessee, India, Assessee, Assessee, Assessee, Assessee, India, India, India, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, India, Assessee, India, Assessee, USA, Assessee, Assessee, Assessee, Assessee, Assessee, USA, Assessee, Assessee, Assessee, USA, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, Assessee, India, Assessee, Assessee, Assessee, Assessee, India, Assessee, Assessee, USA, Assessee, Assessee, Assessee, Assessee, USA, USA, Assessee, Assessee, Assessee, USA, Assessee, Assessee, USA, Assessee, Assessee, Assessee, Assessee, Assessee, USA, Assessee, Assessee

DATE: 1961, 2006-07, 2014, 2014, 2014, 2014, May 2014, 4924, 6580, 6382, 3861, 2006-07, 2007-08, 2008-09, 2009-10, 2015, No.950 of 2015, 19th June 2015, 30th May 2000, 1956, 1853, AY 2006-07, 16,85,26,980, 4th July 2008, the year ending 31st March 2006, 23rd October 2009, 19th November 2004, AY 2006-07, 2006-07, 2007-08, 2008-09, 2009-10, 2010-11, 31st May 2010, 25.09.2009, 14th June 2010, AY 2006-07, 2007-08, 2008-09, 2009-10, 2013, 2015, 18, 1961, 2012, 1961, 1961, 4924, 6580, 6382, May 2014, 23rd May 2014, 2006-07, 5140, 1962, 2010-11, 1962, the Revenue 28, 2006-07, 2009-10, 2013, 2006-07, 2006-07, 35, AY 2006-07, 2015, the years, 100%3.2008-09ManufacturingTrading Total50,99,01,13753,07,02,415, 40, over 150 years, 2007-08, 2008-09, 44, 45, 46, 51, 11th December 2015, 22nd December 2015, 54, 92D, 58, 1997, 44, 70, 1981, 2008, 1922, the two years

NORP: ITAT, ITAT, ITAT, ITAT, Indian, ITAT, ITAT, Indian, Indian, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, ITAT, Indian, ITAT, Indian, Indian, Indian, Indian, Indian

ORDINAL: seventh, first, first, third, fourth, First, first, first

LOC: South Asia Inc., South Asia

PERCENT: 99.9%, 0.01%, 10%, 10%, 21.23%, 6.19%, 13.81%, 5.97%, 10%, 10%, 14.93%, 15%, 15.27%, Total47,64,16,32963,81,76,482 1,11,45,92,81142.74%57.26%, 87,62,77,15940.26%59.74%, 1,04,06,03,55249%51%, 1,17,57,04,70243.23%56.77%, 100%, 99.9%

EVENT: AE CUP, AY 2010-11

FAC: Cannon India, AEs

WORK_OF_ART: Cost Plus Method, The Bright Line Test, EKL Appliances Case, Sassoon J

PRODUCT: Maruti Suzuki, Method, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, Appellant, No.1, AYs, Chigurupati 2010(6, Appellant