Updates ( 7569 results )
ITAT: Deletes notional interest on AE receivables, share application money; Applies rule of consistency
Jan 23, 2024
- In Favour of Assessee
- Citation Number : TS-15-ITAT-2024(Mum)-TP
- Tax Payer : Strides Pharma Science Ltd
ITAT: Treats forex loss/gains as operating in nature, remits working capital adjustment
Jan 23, 2024
- In Favour of Both, Partially
- Citation Number : TS-14-ITAT-2024(CHNY)-TP
- Tax Payer : LS Automotive India Private Limited
HC: Confirms Tribunal-order limiting TPO's power to ALP determination alone
Jan 23, 2024
- In Favour of Assessee
- Citation Number : TS-510-HC-2014(AP)-TP
- Tax Payer : LGE & C-NCC
ITAT: Remits ALP-determination for IGS, allows (+)/(-) 3% benefit as per proviso to 92C(2)
Jan 22, 2024
- In Favour of Both, Partially
- Citation Number : TS-11-ITAT-2024(Ind)-TP
- Tax Payer : Limagrain India Private Limited
ITAT: Assessee's services not KPO; Excludes comparables basis functional dissimilarity, turnover
Jan 22, 2024
- In Favour of Both, Partially
- Citation Number : TS-12-ITAT-2024(Mum)-TP
- Tax Payer : Crisil Limited
ITAT: Rejects NIL ALP-determination of shared service charges, deletes TP-adjustment
Jan 19, 2024
- In Favour of Assessee
- Citation Number : TS-746-ITAT-2023(Mum)-TP
- Tax Payer : Michael Page International Recruitment Pvt Ltd
ITAT: Accepts assessee’s TNMM as MAM for royalty-payment, management fees
Jan 19, 2024
- In Favour of Assessee
- Citation Number : TS-10-ITAT-2024(Ahd)-TP
- Tax Payer : Schaeffler India Limited
ITAT: Upholds deletion of TP-adjustment qua management fee, follows earlier order
Jan 18, 2024
- In Favour of Both, Partially
- Citation Number : TS-09-ITAT-2024(Ahd)-TP
- Tax Payer : INA Bearings India Pvt Ltd
ITAT: Deletes TP adjustment for credit notes issued at year-end; Follows precedent
Jan 18, 2024
- In Favour of Assessee
- Citation Number : TS-745-ITAT-2023(DEL)-TP
- Tax Payer : GSR Industries
HC: Confirms exclusion of comparables like Accentia Technologies, TSR Darashaw citing amalgamation etc
Jan 18, 2024
- In Favour of Assessee
- Citation Number : TS-744-HC-2023(DEL)-TP
- Tax Payer : Honeywell International (India) Private Limited
ITAT: Excludes comparables failing upper turnover filter; Follows precedent
Jan 17, 2024
- In Favour of Assessee
- Citation Number : TS-08-ITAT-2024(Bang)-TP
- Tax Payer : Marvell India Pvt Ltd
HC: Remits matter to CIT(A) to examine selection of MAM, comparables, etc.
Jan 17, 2024
- In Favour of Both, Partially
- Citation Number : TS-743-HC-2023(DEL)-TP
- Tax Payer : Bombardier Transportation India Pvt Ltd
HC: Dismisses Revenue’s appeal challenging AMP-adjustment deletion in case of Sony India
Jan 17, 2024
- In Favour of Assessee
- Citation Number : TS-742-HC-2023(DEL)-TP
- Tax Payer : Sony India Pvt Ltd
ITAT: Quashes TPO’s time-barred order, final assessment order; Follows earlier AY
Jan 16, 2024
- In Favour of Assessee
- Citation Number : TS-02-ITAT-2024(Mum)-TP
- Tax Payer : Atos India P Ltd
ITAT: Assessee’s margins within tolerance limit of +/-5% in ITeS/IT segments; Deletes TP-adjustments
Jan 16, 2024
- In Favour of Assessee
- Citation Number : TS-07-ITAT-2024(Mum)-TP
- Tax Payer : Excult Client Services I P Ltd
ITAT: Rules on TP-adjustments qua bareboat charter, negative lien; Follows earlier orders
Jan 12, 2024
- In Favour of Assessee
- Citation Number : TS-06-ITAT-2024(Mum)-TP
- Tax Payer : Essar Shipping Limited
ITAT: Quashes time-barred assessment-order upon examining delivery date of DRP's directions
Jan 12, 2024
- In Favour of Assessee
- Citation Number : TS-05-ITAT-2024(Mum)-TP
- Tax Payer : Lubrizol Advanced Materials India Private Limited
ITAT: Remits selection of comparables as per correct market segment; Follows earlier-order
Jan 11, 2024
- In Favour of Assessee
- Citation Number : TS-03-ITAT-2024(DEL)-TP
- Tax Payer : American Express Services India Ltd
HC: Quashes assessment order passed unaware of objections filed before DRP
Jan 11, 2024
- In Favour of Assessee
- Citation Number : TS-04-HC-2024(MAD)-TP
- Tax Payer : PAR Formulations Private Limited
ITAT: Refuses to interfere with PCIT's order directing AO to make TPO-reference
Jan 10, 2024
- In Favour of None/NA
- Citation Number : TS-739-ITAT-2023(DEL)-TP
- Tax Payer : Richa & Co