Updates ( 7360 results )
ITAT: Upholds deletion of SDT-adjustment given omission of Sec.92BA(i); Follows precedent
May 16, 2024
- 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
May 16, 2024
- 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
May 15, 2024
- 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
May 15, 2024
- 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
May 14, 2024
- 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
May 14, 2024
- 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
May 13, 2024
- 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
May 13, 2024
- 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
May 13, 2024
- 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
May 10, 2024
- 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
May 10, 2024
- 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
May 09, 2024
- 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
May 09, 2024
- 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)
May 08, 2024
- 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
May 08, 2024
- 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
May 07, 2024
- 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
May 07, 2024
- 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
May 06, 2024
- In Favour of Both, Partially
- Citation Number : TS-173-ITAT-2024(Mum)-TP
- Tax Payer : KEC International Ltd
ITAT: Quashes time-barred TPO’s order, subsequent draft and final assessment orders; Follows precedents
May 06, 2024
- In Favour of Assessee
- Citation Number : TS-172-ITAT-2024(Mum)-TP
- Tax Payer : Siemens Technology Services Pvt Ltd
ITAT: Upholds confirmation of TP-adjustment qua corporate guarantee, refers to Redington ruling
May 02, 2024
- In Favour of Revenue
- Citation Number : TS-167-ITAT-2024(Ahd)-TP
- Tax Payer : Sun Pharmaceutical Industries Ltd