Updates ( 7562 results )

ITAT: Excludes comparables in ITeS segment over functional dissimilarity; Follows earlier orders

  • In Favour of Assessee
  • Citation Number : TS-193-ITAT-2024(Mum)-TP
  • Tax Payer : Tech Mahindra Limited

ITAT: Restricts TP-adjustment qua oil-import to transaction-level, grants +/-5% benefit

  • In Favour of Assessee
  • Citation Number : TS-192-ITAT-2024(Mum)-TP
  • Tax Payer : Bunge India Pvt Ltd

ITAT: Upholds deletion of SDT-adjustment given omission of Sec.92BA(i); Follows precedent

  • In Favour of Assessee
  • Citation Number : TS-191-ITAT-2024(Ahd)-TP
  • Tax Payer : Abhilasha Pharma Pvt Ltd

ITAT: Remits matter to restrict TP-adjustment from agreement date

  • In Favour of Both, Partially
  • Citation Number : TS-190-ITAT-2024(HYD)-TP
  • Tax Payer : Key Point Technologies (India) Private Limited

ITAT: Remits MAM-selection qua purchase & sale transactions, notes risk factor upon AE

  • In Favour of Assessee
  • Citation Number : TS-188-ITAT-2024(Ahd)-TP
  • Tax Payer : Skaps Industries India Pvt Ltd

ITAT: Rules on comparables' selection qua purchase of raw materials, finished goods

  • In Favour of Both, Partially
  • Citation Number : TS-189-ITAT-2024(HYD)-TP
  • Tax Payer : R.A.K. Ceramics India Pvt. Ltd

ITAT: Deletes Sec.271(1)(c) penalty, assessee justified reasons for not charging interest on loan

  • In Favour of Assessee
  • Citation Number : TS-187-ITAT-2024(Mum)-TP
  • Tax Payer : Air Works India (Engineering) Pvt Ltd

ITAT: Upholds CUP, rejects TNMM qua hire of dredgers /vessels; Accepts consistency plea

  • In Favour of Both, Partially
  • Citation Number : TS-186-ITAT-2024(CHNY)-TP
  • Tax Payer : International Seaport Dredging Ltd

ITAT: Recalls earlier order for inadvertent failure to adjudicate on TP-issues

  • In Favour of Assessee
  • Citation Number : TS-185-ITAT-2024(Mum)-TP
  • Tax Payer : Tata Consultancy Services Ltd

ITAT: Grant stay of demand considering facts canvassed by assessee as correct unless rebutted

  • In Favour of Assessee
  • Citation Number : TS-183-ITAT-2024(DEL)-TP
  • Tax Payer : Corteva Agriscience Services India Private Limited

ITAT: Adjustment qua fixed assets' purchase impermissible, final order not conforming to draft order

  • In Favour of Assessee
  • Citation Number : TS-184-ITAT-2024(DEL)-TP
  • Tax Payer : American Express (India) Pvt Ltd

HC: Sets aside final order, demand notice citing technical glitch on portal

  • In Favour of Assessee
  • Citation Number : TS-181-HC-2024(KAR)-TP
  • Tax Payer : Himalaya Wellness Company

HC: Quashes assessment-order passed while assessee’s objections were pending before DRP

  • In Favour of Assessee
  • Citation Number : TS-182-HC-2024(MAD)-TP
  • Tax Payer : Multicoreware India P. Ltd

ITAT: Remits working capital adjustment for fresh consideration; Follows Huawei Technologies’ ruling

  • In Favour of Assessee
  • Citation Number : TS-180-ITAT-2024(Bang)-TP
  • Tax Payer : Linege Power Pvt Ltd

HC: Absent substantial question of law, upholds exclusion of comparables citing functional-dissimilarity etc

  • In Favour of Assessee
  • Citation Number : TS-179-HC-2024(DEL)-TP
  • Tax Payer : EDS Electronics Data System India Pvt Ltd

ITAT: Filing second MA against order passed in earlier MA not permissible u/s.254(2)

  • In Favour of Assessee
  • Citation Number : TS-177-ITAT-2024(Bang)-TP
  • Tax Payer : Astra Zeneca Pharma India Ltd

ITAT: Assessee failed to object to draft order before DRP, final order u/s.144C not appealable

  • In Favour of Revenue
  • Citation Number : TS-178-ITAT-2024(HYD)-TP
  • Tax Payer : Skybridge Solutions Private Limited

ITAT: Upholds CUP for management consultancy services; Deletes license fee, IT cost-allocation adjustments

  • In Favour of Assessee
  • Citation Number : TS-175-ITAT-2024(Mum)-TP
  • Tax Payer : The Boston Consulting Group (India) Pvt Ltd

ITAT: Dismisses assessee’s TP-related appeal as not pressed due to settlement by APA

  • In Favour of Revenue
  • Citation Number : TS-174-ITAT-2024(Bang)-TP
  • Tax Payer : Goldman Sachs Services Pvt Ltd

ITAT: Applies guarantee commission @0.6% instead of 0.2%, follows order for latest AY

  • In Favour of Both, Partially
  • Citation Number : TS-173-ITAT-2024(Mum)-TP
  • Tax Payer : KEC International Ltd