Updates ( 7559 results )
ITAT: Deletes TP-adjustment qua management fee payment; Follows precedents
Dec 05, 2024
- In Favour of Assessee
- Citation Number : TS-507-ITAT-2024(Mum)-TP
- Tax Payer : Otis Elevator Company (India) Limited
ITAT: Upholds CIT(A)’s deletion of TP-adjustment qua management service charges
Dec 02, 2024
- In Favour of Assessee
- Citation Number : TS-500-ITAT-2024(Ahd)-TP
- Tax Payer : Schaeffler India Limited
ITAT: Remands comparables selection, predecessor's order cannot be sole basis for CIT(A)'s decision
Dec 02, 2024
- In Favour of Both, Partially
- Citation Number : TS-502-ITAT-2024(PUN)-TP
- Tax Payer : Renishaw Metrology Systems Ltd
ITAT: Charges 0.50% fee for corporate guarantee, follows Assessee’s earlier order
Nov 27, 2024
- In Favour of Assessee
- Citation Number : TS-498-ITAT-2024(VIZ)-TP
- Tax Payer : 3F Industries Limited
ITAT: Applies 10 times turnover filter & 6% on deferred receivables; Follows earlier order
Nov 27, 2024
- In Favour of Both, Partially
- Citation Number : TS-499-ITAT-2024(HYD)-TP
- Tax Payer : Benu Networks Packet Switch Private Limited
ITAT: Dismisses Assessee’s appeal as withdrawn as issues covered in APA
Nov 26, 2024
- In Favour of Assessee
- Citation Number : TS-497-ITAT-2024(Mum)-TP
- Tax Payer : Deutsche India Pvt Ltd (Formerly DBOI Global Services Ltd)
ITAT: Restricts corporate guarantee rate at 0.5% as been settled over period of time
Nov 26, 2024
- In Favour of Assessee
- Citation Number : TS-496-ITAT-2024(Kol)-TP
- Tax Payer : EIH Limited
HC: Remits issue w.r.t inclusion of comparable, assessee's contention qua functional dissimilarity not considered
Nov 25, 2024
- In Favour of Assessee
- Citation Number : TS-495-HC-2024(DEL)-TP
- Tax Payer : Sequential Technology International India Pvt Ltd
ITAT: Rules on comparables' selection, treatment of written-back liabilities, economic adjustments, etc.
Nov 25, 2024
- In Favour of Assessee
- Citation Number : TS-494-ITAT-2024(DEL)-TP
- Tax Payer : Imsofer Manufacturing India Pvt Ltd
ITAT: Sets aside time-barred assessment-order, considers date of uploading DRP order
Nov 22, 2024
- In Favour of Assessee
- Citation Number : TS-492-ITAT-2024(DEL)-TP
- Tax Payer : Hyundai Rotem Company Indian Project Offices
ITAT: Admits assessee’s additional evidence regarding rendition of IGS; Remits issue
Nov 22, 2024
- In Favour of Assessee
- Citation Number : TS-493-ITAT-2024(DEL)-TP
- Tax Payer : Axalta Coating Systems India Pvt Ltd
ITAT: Allows Assessee's miscellaneous application, sets aside working capital adjustment
Nov 21, 2024
- In Favour of Assessee
- Citation Number : TS-490-ITAT-2024(Bang)-TP
- Tax Payer : Toyota Tsusho India Pvt. Ltd
ITAT: Allows stay-application filed by Volvo Group India; Directs AO to keep outstanding demand in abeyance
Nov 21, 2024
- In Favour of Assessee
- Citation Number : TS-489-ITAT-2024(Bang)-TP
- Tax Payer : Volvo Group India Pvt Ltd
ITAT: Remits transaction w.r.t outstanding trade receivables for fresh adjudication
Nov 20, 2024
- In Favour of Both, Partially
- Citation Number : TS-487-ITAT-2024(Bang)-TP
- Tax Payer : IHS Global Private Limited
ITAT: Confirms Sec.10AA deduction on assessee’s voluntary TP-adjustment pursuant to APA
Nov 20, 2024
- In Favour of Assessee
- Citation Number : TS-486-ITAT-2024(Bang)-TP
- Tax Payer : EYGBS (India) Pvt Ltd
ITAT: Restores TP-adjustment, directs AO/TPO to consider Bilateral-APA & modified return
Nov 19, 2024
- In Favour of Both, Partially
- Citation Number : TS-485-ITAT-2024(Bang)-TP
- Tax Payer : Target Corporation India Pvt Ltd
SC: Dismisses Revenue’s SLP against HC-order w.r.t DRP's directions on delay & merits
Nov 19, 2024
- In Favour of Assessee
- Citation Number : TS-484-SC-2024-TP
- Tax Payer : VMware Software India Pvt Ltd
HC: Dismisses Revenue’s appeal on issue of final order not in conformity with DRP's directions
Nov 18, 2024
- In Favour of Assessee
- Citation Number : TS-484-HC-2024(KAR)-TP
- Tax Payer : VMware Software India Pvt Ltd
ITAT: AO's addition u/s.56(1) based on downward TP-adjustment, subsequently deleted, unsustainable
Nov 18, 2024
- In Favour of Assessee
- Citation Number : TS-483-ITAT-2024(CHNY)-TP
- Tax Payer : RKM Powergen Private Limited
HC: Dismisses Revenue’s appeal on selection of comparables and forex fluctuation
Nov 15, 2024
- In Favour of Assessee
- Citation Number : TS-482-HC-2024(DEL)-TP
- Tax Payer : Freescale Semiconductor India Pvt Ltd