Updates ( 7695 results )
Latest
ITAT: Rejects TPO's NIL ALP qua cost-sharing charges absent adoption of any prescribed method
Mar 21, 2025
- In Favour of Assessee
- Citation Number : TS-101-ITAT-2025(PUN)-TP
- Tax Payer : Rehau Polymers Pvt Ltd
ITAT: Excludes functionally dissimilar comparables pertaining to production services and SWD
Mar 21, 2025
- In Favour of Assessee
- Citation Number : TS-102-ITAT-2025(Mum)-TP
- Tax Payer : HERE Solutions India Private Limited
ITAT: Rules on TP-adjustment qua AMP expenses, royalty payment, R&D services etc; Follows earlier-orders
Mar 21, 2025
- In Favour of Both, Partially
- Citation Number : TS-103-ITAT-2025(Kol)-TP
- Tax Payer : Reckitt Benckiser (India) Limited
HC: Disposes Revenue’s appeal challenging ITAT’s order on comparables-selection
Mar 21, 2025
- In Favour of Both, Partially
- Citation Number : TS-589-HC-2024(KAR)-TP
- Tax Payer : Analog Devices India Pvt Ltd
HC: Confirms ITAT’s adoption of TNMM over CUP for benchmarking IGS transaction
Mar 20, 2025
- In Favour of Both, Partially
- Citation Number : TS-588-HC-2024(KAR)-TP
- Tax Payer : Bostik India Private Limited
ITAT: Excludes functionally dissimilar comparables for SWD segment; Remits interest on outstanding receivables
Mar 20, 2025
- In Favour of Both, Partially
- Citation Number : TS-98-ITAT-2025(Mum)-TP
- Tax Payer : Varian Medical Systems International India Private Limited
ITAT: Remands Sec. 271(1)(c) penalty issue, considering relief granted by Tribunal while deciding quantum appeal
Mar 20, 2025
- In Favour of Both, Partially
- Citation Number : TS-99-ITAT-2025(PUN)-TP
- Tax Payer : Imsofer Manufacturing India Pvt Ltd
ITAT: Deletes TP-adjustment qua electricity-transfer; Holds wheeling charges not required to be adjusted
Mar 20, 2025
- In Favour of Assessee
- Citation Number : TS-97-ITAT-2025(CHNY)-TP
- Tax Payer : MRF Limited
ITAT: Excludes Tata Elxsi, Infosys etc citing high turnover, huge brand value, functional dissimilarity
Mar 19, 2025
- In Favour of Both, Partially
- Citation Number : TS-93-ITAT-2025(HYD)-TP
- Tax Payer : IVY software Development Services Private Limited
ITAT: PCIT cannot substitute TPO's plausible view w.r.t interest on CCDs, quashes revisionary jurisdiction
Mar 19, 2025
- In Favour of Assessee
- Citation Number : TS-96-ITAT-2025(DEL)-TP
- Tax Payer : DLF Midtown P Ltd
ITAT: Adjudicates Volvo India's stay petition, directs furnishing bank guarantee for 20% outstanding demand
Mar 18, 2025
- In Favour of Assessee
- Citation Number : TS-92-ITAT-2025(Bang)-TP
- Tax Payer : Volvo Group India Pvt Ltd
ITAT: Quashes AO’s order as invalid and barred by limitation; Follows precedents
Mar 18, 2025
- In Favour of Assessee
- Citation Number : TS-90-ITAT-2025(DEL)-TP
- Tax Payer : Adidas India Marketing Pvt Ltd
ITAT: Directs Revenue to adopt rate under BAPA with UK-AE for transactions with US-AE w.r.t ITES
Mar 18, 2025
- In Favour of Assessee
- Citation Number : TS-91-ITAT-2025(Mum)-TP
- Tax Payer : Vodafone India Services Private Ltd
ITAT: Sets aside CIT(A)-NFAC’s order; Remits matter to CIT(A)-TP since core issue pertains to TP-adjustments
Mar 17, 2025
- In Favour of Both, Partially
- Citation Number : TS-89-ITAT-2025(Ahd)-TP
- Tax Payer : Hanning Motors India Pvt Ltd
ITAT: Quashes final order, not in conformity with DRP’s directions; Follows precedents
Mar 17, 2025
- In Favour of Assessee
- Citation Number : TS-88-ITAT-2025(Bang)-TP
- Tax Payer : Tavant Technologies India Pvt Ltd
ITAT: Affirms CIT(A)’s deletion of Sec.271G-penalty absent notice issued u/s.92D(3)
Mar 13, 2025
- In Favour of Assessee
- Citation Number : TS-85-ITAT-2025(Mum)-TP
- Tax Payer : Siemens Aktiengensellschaft
ITAT: Directs AO to include functionally-similar company and determine whether international transaction is at ALP
Mar 13, 2025
- In Favour of Assessee
- Citation Number : TS-86-ITAT-2025(Ahd)-TP
- Tax Payer : Netafim Irrigation India Pvt Ltd
ITAT: Directs considering applicability of RBI's measures qua COVID-19 for imputing interest on receivables
Mar 13, 2025
- In Favour of Assessee
- Citation Number : TS-87-ITAT-2025(Bang)-TP
- Tax Payer : Great Wall India Research and Development Pvt Ltd
ITAT: Directs AO to consider DRP’s rectified direction, corresponding revised TPO’s giving-effect order to delete TP-adjustment qua SWD, ITeS
Mar 12, 2025
- In Favour of Both, Partially
- Citation Number : TS-82-ITAT-2025(Bang)-TP
- Tax Payer : Ariba Technologies India Pvt Ltd
ITAT: Rules on comparables selection for royalty & service-fee payment, SWD services & ITeS
Mar 12, 2025
- In Favour of Both, Partially
- Citation Number : TS-84-ITAT-2025(Mum)-TP
- Tax Payer : Red Hat India Private Limited