Updates ( 7764 results )
ITAT: Remits adjustments qua brand-royalty payment and expense reimbursement for Vodafone India
Nov 06, 2024
- In Favour of Assessee
- Citation Number : TS-465-ITAT-2024(Mum)-TP
- Tax Payer : Vodafone India Limited
ITAT: Quashes PCIT’s revisionary order; AO's order not erroneous absent fresh TPO-reference
Nov 05, 2024
- In Favour of Assessee
- Citation Number : TS-461-ITAT-2024(DEL)-TP
- Tax Payer : Tinna Trade Ltd
ITAT: Invalidates TPO-reference, considers SDT-definition & omission of Sec.92BA(i)
Nov 05, 2024
- In Favour of Assessee
- Citation Number : TS-462-ITAT-2024(CHANDI)-TP
- Tax Payer : Saraswati Agro Chemicals (India) Pvt Ltd
ITAT: Excludes 4 comparables with different FAR; Treats forex loss/gain as non-operating income
Nov 04, 2024
- In Favour of Both, Partially
- Citation Number : TS-459-ITAT-2024(DEL)-TP
- Tax Payer : Rio Tinto India Pvt Ltd
ITAT: Deletes TP-adjustments for transfer of electricity/steam; Follows Assessee’s earlier order
Nov 04, 2024
- In Favour of Assessee
- Citation Number : TS-460-ITAT-2024(CHANDI)-TP
- Tax Payer : Vardhman Textiles Limited
ITAT: Distinguishes Assessee’s earlier cases on corporate guarantee as international transaction; Upholds Redington
Oct 30, 2024
- In Favour of Assessee
- Citation Number : TS-458-ITAT-2024(Kol)-TP
- Tax Payer : Graphite India Ltd
ITAT: Applies corporate guarantee fee @ 0.5% as against TPO's 2%, follows earlier order
Oct 30, 2024
- In Favour of Assessee
- Citation Number : TS-457-ITAT-2024(Kol)-TP
- Tax Payer : Tata Consumer Products Limited
ITAT: CIT(A) rightly directed AO/TPO to grant risk-adjustment in accordance with Tribunal’s earlier directions
Oct 29, 2024
- In Favour of Assessee
- Citation Number : TS-454-ITAT-2024(DEL)-TP
- Tax Payer : Hyundai Rotem Company-Indian Project Offices
ITAT: SDT-adjustment not permissible after omitting Sec.92BA(i), declines Revenue's request to constitute SB
Oct 29, 2024
- In Favour of Assessee
- Citation Number : TS-456-ITAT-2024(DEL)-TP
- Tax Payer : DLF Midtown P Ltd
HC: Allows assessee's appeal; Excludes TCS E-Serve, Infosys from list of comparables
Oct 25, 2024
- In Favour of Assessee
- Citation Number : TS-453-HC-2024(DEL)-TP
- Tax Payer : Cadence Design Systems India Pvt Ltd
HC: Dismisses Revenue's appeal, no material difference in facts of earlier AY qua TP-adjustment
Oct 25, 2024
- In Favour of Assessee
- Citation Number : TS-450-HC-2024(DEL)-TP
- Tax Payer : Esys Information Technologies Ltd
ITAT: Allows bifurcation of manufacturing and trading segments; Follows Assessee's earlier order
Oct 23, 2024
- In Favour of Assessee
- Citation Number : TS-449-ITAT-2024(CHNY)-TP
- Tax Payer : Triumph International (India) Pvt Ltd
HC: Disposes Revenue’s appeal w.r.t treatment of foreign-AE as tested party
Oct 23, 2024
- In Favour of Assessee
- Citation Number : TS-448-HC-2024(DEL)-TP
- Tax Payer : Esys Information Technologies Ltd
ITAT: Rules on comparables' selection, treats forex gain as operating, remits depreciation adjustment
Oct 21, 2024
- In Favour of Both, Partially
- Citation Number : TS-447-ITAT-2024(DEL)-TP
- Tax Payer : Yutaka Autoparts India Pvt Ltd
HC: No question of law arises on disallowance for royalty paid; Upholds ITAT’s order
Oct 21, 2024
- In Favour of Assessee
- Citation Number : TS-445-HC-2024(DEL)-TP
- Tax Payer : Sony India Pvt. Ltd
ITAT: Sets aside order confirming Sec.271G-penalty, directs CIT(A) to pass speaking order
Oct 18, 2024
- In Favour of Both, Partially
- Citation Number : TS-442-ITAT-2024(DEL)-TP
- Tax Payer : Assotech Moonshine Urban Developers Pvt Ltd
ITAT: Remits royalty adjustment qua non-UK AE, follows earlier order w.r.t non-application of UK-MAP
Oct 18, 2024
- In Favour of Both, Partially
- Citation Number : TS-443-ITAT-2024(DEL)-TP
- Tax Payer : JCB India Ltd
ITAT: No separate benchmarking required for royalty payment, follows earlier order
Oct 17, 2024
- In Favour of Assessee
- Citation Number : TS-440-ITAT-2024(Bang)-TP
- Tax Payer : Toyota Kirloskar Motors Pvt Ltd
ITAT: Grants conditional stay, notes TP-adjustment made to entire turnover in construction-equipment segment
Oct 17, 2024
- In Favour of Assessee
- Citation Number : TS-441-ITAT-2024(Bang)-TP
- Tax Payer : Volvo CE India Pvt. Ltd
ITAT: Deletes TP-adjustment qua IT consultancy charges, guarantee fee; Follows earlier orders
Oct 16, 2024
- In Favour of Assessee
- Citation Number : TS-438-ITAT-2024(Ahd)-TP
- Tax Payer : Hagglunds Drives (India) Pvt Ltd