Updates ( 7559 results )
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
ITAT: Excludes comparables on failing upper turnover filter; Follows earlier order
Oct 16, 2024
- 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
Oct 15, 2024
- 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%
Oct 15, 2024
- 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
Oct 11, 2024
- 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
Oct 11, 2024
- In Favour of Both, Partially
- Citation Number : TS-434-ITAT-2024(HYD)-TP
- Tax Payer : OSI Systems Pvt Ltd