Rulings ( 10045 results )
High Court
HC: Upholds ITAT's exclusion of L&T, Wipro & Zylog citing functional dissimilarity, etc
Apr 04, 2024
- In Favour of Assessee
- Citation Number : TS-135-HC-2024(DEL)-TP
- Tax Payer : Fiserv India Pvt Ltd
High Court
HC: Dismisses Revenue’s appeal on exclusion of certain comparables
Apr 03, 2024
- In Favour of Assessee
- Citation Number : TS-133-HC-2024(DEL)-TP
- Tax Payer : Nokia Seimens Networks India P Ltd
High Court
HC: Dismisses Revenue's appeal against comparables' selection, considers findings qua geographical location/industry
Apr 03, 2024
- In Favour of Assessee
- Citation Number : TS-134-HC-2024(DEL)-TP
- Tax Payer : Tupperware India Pvt. Ltd.
High Court
HC: Sets aside draft assessment order with TP-adjustment in addition to TPO’s order
Apr 03, 2024
- In Favour of Assessee
- Citation Number : TS-132-HC-2024(DEL)-TP
- Tax Payer : Giesecke and Devrient [I] Pvt Ltd
Income tax Appellate Tribunal
ITAT: Upholds DCF for share valuation citing flaws in Tata Sons' hybrid method
Apr 03, 2024
- In Favour of Revenue
- Citation Number : TS-131-ITAT-2024(Mum)-TP
- Tax Payer : Tata Sons Private Limited
Income tax Appellate Tribunal
ITAT: Remits SWD adjustment for de novo examination for Microsoft Global Services
Apr 02, 2024
- In Favour of Both, Partially
- Citation Number : TS-129-ITAT-2024(HYD)-TP
- Tax Payer : Microsoft Global Services Centre (India) Private Limited
Income tax Appellate Tribunal
ITAT: Accepts TNMM over CUP for export transaction; Remits TP-adjustment qua IGS
Apr 02, 2024
- In Favour of Both, Partially
- Citation Number : TS-130-ITAT-2024(Mum)-TP
- Tax Payer : Lanxess India Private Ltd.
High Court
HC: Disposes of Revenue's appeal; Considers mean margin computation, notes no adverse tax-impact
Apr 01, 2024
- In Favour of None/NA
- Citation Number : TS-127-HC-2024(DEL)-TP
- Tax Payer : Techbooks Electronics Services Pvt Ltd
Income tax Appellate Tribunal
ITAT: Quashes assessment-order passed in non-existent entity's name as void ab initio
Apr 01, 2024
- In Favour of Assessee
- Citation Number : TS-128-ITAT-2024(DEL)-TP
- Tax Payer : Boeing India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Inadequacy of enquiry by AO w.r.t certain claim does not warrant revision u/s 263
Apr 01, 2024
- In Favour of Assessee
- Citation Number : TS-126-ITAT-2024(DEL)-TP
- Tax Payer : Idemia Syscom India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Holds EURIBOR to be at ALP for AE-loan; Deletes TP-adjustment
Mar 28, 2024
- In Favour of None/NA
- Citation Number : TS-124-ITAT-2024(DEL)-TP
- Tax Payer : Motherson Sumi Systems Ltd
Income tax Appellate Tribunal
ITAT: Admits additional evidence considering co-ordinate bench observations for earlier AYs
Mar 28, 2024
- In Favour of Both, Partially
- Citation Number : TS-125-ITAT-2024(Mum)-TP
- Tax Payer : Servier India Private Limited
Income tax Appellate Tribunal
ITAT: Transfer from faceless AO to jurisdictional AO does not extend time limit
Mar 28, 2024
- In Favour of Assessee
- Citation Number : TS-123-ITAT-2024(DEL)-TP
- Tax Payer : Nikon India Pvt Ltd
High Court
HC: Quashes final assessment order, demand/penalty notices pending DRP reference
Mar 27, 2024
- In Favour of Assessee
- Citation Number : TS-121-HC-2024(BOM)-TP
- Tax Payer : APM Terminals India Private Limited
High Court
HC: Dismisses application for condonation of delay; Rejects appeal against foreign-AE selected as tested-party
Mar 27, 2024
- In Favour of Assessee
- Citation Number : TS-122-HC-2024(CAL)-TP
- Tax Payer : TCG Digital Solutions (P) Ltd
Income tax Appellate Tribunal
ITAT: Upholds assessee's 'other method' over TNMM for benchmarking purchase of traded goods
Mar 26, 2024
- In Favour of Assessee
- Citation Number : TS-119-ITAT-2024(DEL)-TP
- Tax Payer : Golden Agri Resources (India) Pvt Ltd
Income tax Appellate Tribunal
ITAT: Rejects NIL-ALP of IGS, notes TPO/DRP rendered contradictory observations
Mar 26, 2024
- In Favour of Assessee
- Citation Number : TS-120-ITAT-2024(DEL)-TP
- Tax Payer : Intertek India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Distinguishes letter of comfort viz-a-viz letter of guarantee; Deletes TP-adjustment
Mar 26, 2024
- In Favour of Assessee
- Citation Number : TS-118-ITAT-2024(Mum)-TP
- Tax Payer : Lupin Limited
Income tax Appellate Tribunal
ITAT: Rules on comparables under contract software development segment, remits interest on receivables
Mar 25, 2024
- In Favour of Both, Partially
- Citation Number : TS-117-ITAT-2024(DEL)-TP
- Tax Payer : Nokia Solutions and Networks India Pvt Ltd
High Court
HC: Dismisses Revenue’s appeal against ITAT-order qua royalty, share valuation for Dabur India
Mar 25, 2024
- In Favour of Assessee
- Citation Number : TS-116-HC-2024(DEL)-TP
- Tax Payer : Dabur India Ltd