Updates ( 7559 results )
ITAT: Finds CIT(A)'s observations qua TP-issues unnecessary, allows management fee deduction u/s.37
Oct 09, 2024
- 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
Oct 09, 2024
- 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
Oct 03, 2024
- 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
Oct 03, 2024
- 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
Oct 01, 2024
- 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
Oct 01, 2024
- 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
Sep 30, 2024
- 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
Sep 30, 2024
- 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
Sep 25, 2024
- 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
Sep 25, 2024
- 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
Sep 23, 2024
- 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
Sep 23, 2024
- 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
Sep 20, 2024
- 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
Sep 20, 2024
- 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
Sep 19, 2024
- In Favour of Assessee
- Citation Number : TS-413-ITAT-2024(Ahd)-TP
- Tax Payer : Asiatic Colour Chem Ind Ltd
HC: Dismisses Revenue’s appeal against ITAT-order deleting penalty u/s. 271(1)(c)
Sep 19, 2024
- In Favour of Assessee
- Citation Number : TS-414-HC-2024(DEL)-TP
- Tax Payer : Yum Restaurant Marketing Pvt Ltd
HC: Dismisses Revenue’s appeal challenging quashing of Sec.263-order for Dell International
Sep 19, 2024
- In Favour of Assessee
- Citation Number : TS-412-HC-2024(KAR)-TP
- Tax Payer : Dell International Services India Private Limited
ITAT: Adopts LIBOR+200 points as interest on receivables; Follows precedents
Sep 18, 2024
- In Favour of Assessee
- Citation Number : TS-410-ITAT-2024(HYD)-TP
- Tax Payer : ADP Private Limited
ITAT: Partly allows assessee's MPs w.r.t comparables and interest on receivables
Sep 18, 2024
- In Favour of Both, Partially
- Citation Number : TS-411-ITAT-2024(Bang)-TP
- Tax Payer : AMD India Private Ltd
ITAT: Adjudicates TP-adjustments w.r.t technical & regional support services, interest on receivables
Sep 17, 2024
- In Favour of Assessee
- Citation Number : TS-408-ITAT-2024(HYD)-TP
- Tax Payer : KH Facility Solutions India Private Limited