Mckinsey Knowledge Centre India (P.) Ltd. v CIT (2019) 106 taxmann.com 248 / 264 Taxman 24 (Mag.) (Delhi)(HC)

S. 260A : Appeal-Review-Transfer pricing–Arm’s length price–Following the earlier year order review petition is allowed-The appeal is restored to original file of this Court and shall be heard on its merits. [S. 92C]

Assessee was involved in IT enabled services which was broadly categorised into (a) Research and Information Services Division and (b) IT Support Services Division.  In review petition it was urged that High Court had held that nature of services provided by assessee were specialized akin to that of KPO service while for previous year 2006-07, High Court had held that nature of assessee’s services were back-office operations akin to a BPO. Accordingly review petition was allowed. The appeal is restored to original file of this Court and shall be heard on its merits.  (AY. 2011-12)