Transfer Pricing Comparables - Insight Into IT and ITES

This 1000+ pages unique book from Taxsutra is a sincere attempt to track transfer pricing [TP) dispute in India with regard to comparables pertaining to IT & ITeS sector. Taxsutra’ s experienced editorial team, based on review of judicial rulings, discussion with various professionals and Revenue Officers has handpicked 80 companies in the IT & ITeS sector in this first edition of the book. The reader, for each company, would get relevant business, financial and judicial information relevant for TP benchmarking.

Foreword v Foreword vii About Taxsutra ix Preface xi Acknowledgment xiii Note for readers on how the book has been structured & compiled xv Abbreviation xix Table of Cases xxv 1 Accel Transmatic Limited (ACCEL) 1 2 Accentia Technologies Limited (Accentia) 17 3 Ace Software Exports Limited (ACE) 32 4 Acropetal Technologies Limited (ATL) 42 5 Aftek Limited (Aftek) 57 6 Akshay Software Technologies Ltd. (Akshay) 72 7 Allied Digital Services Limited (Allied Digital) 81 8 Allsec Technologies Limited (Allsec) 99 9 Avani Cimcon Technologies Limited (Avani) 112 10 AXIS IT & T Limited (Axis) 122 11 Bells Softech Limited (Bells) 135 12 Bodhtree Consulting Limited (BCL) 143 13 Caliber Point Business Solutions Limited (Caliber Point) 155 14 Cameo Corporate Services Limited (Cameo) 167 15 Celestial Biolabs Limited (CBL) 177 16 CG Vak Software and Exports Limited (CG Vak) 190 17 CMC Limited (CMC) 202 18 Compucom Software Limited (CL) 222 19 Cosmic Global Limited (Cosmic) 237 20 Cranes Software International Limited (CSIL) 247 21 CSS Technergy Limited (‘CSS’) 265 22 Datamatic Financial Services Limited (DFSL) 278 23 Datamatics Global Services Limited (DGSL) 288 24 eClerx Services Limited (eClerx) 303 25 Exensys Software Solutions Limited (Exensys) 320 26 FCS Software Solutions Limited (‘FCS’) 333 27 Firstsource Solutions Limited (Firstsource) 346 28 GDA Technologies Limited (‘GDA’) 362 29 Genesys International Corporation Limited (Genesys) 372 30 Geometric Limited (Geometric) 386 31 Goldstone Technologies Limited (GTL) 399 32 Helios & Matheson Information Technology Limited (Helios) 412 33 ICSA (India) Limited (ICSA) 425 34 iGate Global Solutions Limited (iGate) 439 35 In House Productions Limited (In House) 451 36 Informed Technologies India Limited (ITIL) 463 37 Infosys BPO Limited (Infosys BPO) 476 38 Infosys Limited (Infosys) 498 39 Infotech Enterprises Limited (Infotech) 517 40 Intertec Technologies Limited (ITL) 531 41 Jeevan Scientific Technology Limited (Jeevan) 539 42 Jindal Intellicom Private Limited (Jindal) 551 43 KALS Information Systems Limited (KALS) 562 44 Lucid Software Limited (Lucid) 575 45 Mastek Limited (Mastek) 585 46 Maximaa Systems Limited (‘Maximaa’) 597 47 MCS Limited (MCS) 610 48 Megasoft Limited (Megasoft) 625 49 Melstar Information Technologies Limited (Melstar) 641 50 Microland Limited (Microland) 653 51 Mindtree Limited (Mindtree) 664 52 MOLD-TEK Technologies Limited (MTTL) 682 53 NIIT SmartServe Limited (NIIT) 697 54 Omni AX’s Software Limited (Omni) 706 55 Optimus Global Services Limited (Optimus) 717 56 Persistent Systems Limited (PSL) 725 57 Professional Management Consultants Limited (Professional) 741 58 Quinnox Consultancy Services Limited (Quinnox) 749 59 Quintegra Solutions Limited (QSL) 758 60 R Systems International Limited (R Systems) 772 61 RS Software (India) Limited (RS) 796 62 Sankhya Infotech Limited (SIL) 808 63 Sasken Communication Technologies Limited (Sasken) 820 64 Shreejal Info Hubs Ltd (Shreejal) 833 65 SoftSol India Limited (SoftSol) 840 66 Sparsh BPO Services Limited (Sparsh) 851 67 Synfosys Business Solutions Limited (Synfosys) 867 68 Tata Elxsi Limited (TEL) 877 69 TSR Darashaw Limited (TSR) 893 70 Techprocess Payment Services Limited (‘Techprocess’) 903 71 Tera Software Limited (TSL) 914 72 Thinksoft Global Services Limited (Thinksoft) 927 73 Thirdware Solutions Limited (Thirdware) 938 74 Ultramarine & Pigments Ltd (Ultramarine) 950 75 Vakrangee Softwares Limited (Vakrangee) 967 76 Vedavaag Systems Limited (Vedavaag) 979 77 Visesh Infotecnics Limited (Visesh) 988 78 Visu International Limited (VISU) 1005 79 VJIL Consulting Limited (VJIL) 1018 80 Wipro Limited (Wipro) 1028 81 Supplementary Chapter 1047 Experts’ Pick on Transfer Pricing benchmarking issues 1051 Judicial Analysis - comparability and margin computation issues 1062 Finance Bill, 2014 & Transfer Pricing Law 1078 Relevant Provisions from the Income Tax Act, 1961 Relating to Law on Transfer Pricing 1081 Relevant Provisions of the Income Tax Rules, 1962 Relating to Law on Transfer Pricing 1094