favourable Order

Luthra and Luthra ANNOU NCEMENT LAW OFFICES INDIA LUTHRA AND LUTHRA LAW OFFICES INDIA ADVISED MOET HENNESSY INDIA PVT. LTD. (PART OF LVMH GROUP), BEFORE THE HON’BLE HIGH COURT OF DELHI The team was successful in convincing the Court to dismiss the appeals filed by the Income Tax Department, proposing to raise substantial questions of law on various issues.

The judgment resulted in a substantial relief to the client from transfer pricing additions and setting a new precedent for taxpayers engaged in the business of distribution. This judgment should resolve the controversy around the artificial distinction between distributor and manufacturer.

(in in & SUMIT MANGAL MAYANK AGGARWAL, RADHIKA SHARMA UTKARSH MITTAL Partner Partner Designate Associate Associate