Updates ( 7764 results )

ITAT: Excludes comparables on failing upper turnover filter; Follows earlier order

  • In Favour of Both, Partially
  • Citation Number : TS-439-ITAT-2024(Bang)-TP
  • Tax Payer : Marvell India Pvt Ltd

ITAT: Grants stay to Xiaomi Technology on outstanding demand for 180 days

  • In Favour of Assessee
  • Citation Number : TS-436-ITAT-2024(Bang)-TP
  • Tax Payer : Xiaomi Technology India Pvt. Ltd

ITAT: Confirms TPO's 1% guarantee-commission, rejects assessee's plea for restricting adjustment to 0.5%

  • In Favour of Assessee
  • Citation Number : TS-435-ITAT-2024(Bang)-TP
  • Tax Payer : DTDC Express Ltd

ITAT: Deletes interest on share-application money, delay in allotment not assessee's fault

  • In Favour of Assessee
  • Citation Number : TS-433-ITAT-2024(Mum)-TP
  • Tax Payer : Aries Agro Ltd

ITAT: Holds turnover as relevant criteria for comparable-selection; Accepts interest on receivables @LIBOR+200

  • In Favour of Both, Partially
  • Citation Number : TS-434-ITAT-2024(HYD)-TP
  • Tax Payer : OSI Systems Pvt Ltd

ITAT: Finds CIT(A)'s observations qua TP-issues unnecessary, allows management fee deduction u/s.37

  • In Favour of Assessee
  • Citation Number : TS-431-ITAT-2024(CHNY)-TP
  • Tax Payer : SPi Technologies India Private Ltd

ITAT: Restricts corporate guarantee fee to 0.5%; Follows catena of rulings

  • In Favour of Assessee
  • Citation Number : TS-432-ITAT-2024(Mum)-TP
  • Tax Payer : Tata Projects Limited

ITAT: Directs AO to apply LIBOR+200 points for benchmarking interest on receivables; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-427-ITAT-2024(HYD)-TP
  • Tax Payer : ADP Private Limited

ITAT: Deletes TP-adjustment qua interest on receivables, notes assessee's margin higher than comparables

  • In Favour of Both, Partially
  • Citation Number : TS-428-ITAT-2024(DEL)-TP
  • Tax Payer : GKN Driveline India Ltd

ITAT: Dismisses Revenue’s appeal against CIT(A) deleting TP-addition for purchase of Tendu leaves

  • In Favour of Assessee
  • Citation Number : TS-423-ITAT-2024(Ahd)-TP
  • Tax Payer : Chhotabhai Jethabhai Patel & Co

ITAT: Finds CIT(A)-order deleting TP adjustment qua payment of export commission as well reasoned

  • In Favour of Assessee
  • Citation Number : TS-424-ITAT-2024(DEL)-TP
  • Tax Payer : Kamla Dials and Devices Ltd

ITAT: Deletes 271G-penalty for Twentieth Century Fox; No finding w.r.t inaccuracy of information

  • In Favour of Assessee
  • Citation Number : TS-422-ITAT-2024(Mum)-TP
  • Tax Payer : Twentieth Century Fox Telecommunications International Inc

HC: Quashes final assessment order passed despite pendency of rectification application before DRP

  • In Favour of Assessee
  • Citation Number : TS-421-HC-2024(KAR)-TP
  • Tax Payer : Mavenir Systems Pvt Ltd

HC: Dismisses Revenue’s appeal on exclusion of Infosys and TCS as comparables

  • In Favour of Assessee
  • Citation Number : TS-419-HC-2024(DEL)-TP
  • Tax Payer : E-Valueserve SEZ (Gurgaon) P Ltd

HC: Affirms ITAT-order, channel/content owner companies incomparable to assessee's distribution segment

  • In Favour of Assessee
  • Citation Number : TS-420-HC-2024(DEL)-TP
  • Tax Payer : Warnermedia India Private Limited

ITAT: Confirms deletion of TP-adjustment qua interest on loan and corporate guarantee

  • In Favour of Assessee
  • Citation Number : TS-417-ITAT-2024(DEL)-TP
  • Tax Payer : Jindal Pipes Ltd

ITAT: Remits final assessment order, directs AO to incorporate DRP's direction

  • In Favour of Assessee
  • Citation Number : TS-418-ITAT-2024(DEL)-TP
  • Tax Payer : Honda R & D (India) Pvt Ltd

ITAT: Admits additional ground, restricts TP-adjustment to international transactions only

  • In Favour of Assessee
  • Citation Number : TS-416-ITAT-2024(Mum)-TP
  • Tax Payer : Deutsche Networks Services Pvt Ltd

ITAT: Deletes TP-adjustment w.r.t interest on receivables, TPO did not show how AEs benefitted

  • In Favour of Assessee
  • Citation Number : TS-415-ITAT-2024(CHNY)-TP
  • Tax Payer : Sanmina-SCI India Pvt Ltd

ITAT: Deletes SDT adjustment owing to Finance Act 2017 amendment to Sec.92BA

  • In Favour of Assessee
  • Citation Number : TS-413-ITAT-2024(Ahd)-TP
  • Tax Payer : Asiatic Colour Chem Ind Ltd