Updates ( 7360 results )
ITAT: Directs AO/TPO to recompute interest on loan fund after considering comparable
Apr 18, 2024
- In Favour of Assessee
- Citation Number : TS-149-ITAT-2024(Kol)-TP
- Tax Payer : Titagarh Wagon Ltd
ITAT: Remits TP-adjustment qua technical know-how fee, allows capacity utilization adjustment
Apr 17, 2024
- In Favour of Both, Partially
- Citation Number : TS-145-ITAT-2024(Mum)-TP
- Tax Payer : Thermax Babcock & Wilcox Energy Solutions Pvt Ltd
ITAT: Partly allows Revenue’s MA to adjudicate ALP of interest on loan borrowed
Apr 17, 2024
- In Favour of Both, Partially
- Citation Number : TS-146-ITAT-2024(HYD)-TP
- Tax Payer : Progress Software Development Private Limited
ITAT: Remits TP-adjustment qua drug-sale while accepting assessee's TNMM as MAM
Apr 16, 2024
- In Favour of Both, Partially
- Citation Number : TS-144-ITAT-2024(Mum)-TP
- Tax Payer : USV Private Limited
ITAT: Holds corporate guarantee as international transaction, Determines ALP @0.5%; Follows precedents
Apr 16, 2024
- In Favour of Both, Partially
- Citation Number : TS-143-ITAT-2024(Kol)-TP
- Tax Payer : Tega Industries Ltd
ITAT: Deletes TP-adjustment qua technical know-how fees; Holds forex gain as operating in nature
Apr 15, 2024
- In Favour of Both, Partially
- Citation Number : TS-141-ITAT-2024(Mum)-TP
- Tax Payer : UPS Express P Ltd
ITAT: Distinguishes LOC from bank guarantee basis obligations, risks; Upholds TP-adjustment on LOC
Apr 15, 2024
- In Favour of Both, Partially
- Citation Number : TS-142-ITAT-2024(Ahd)-TP
- Tax Payer : Axis Bank Limited
ITAT: Follows earlier order adopting LIBOR for loan-interest, directs AO to recompute ALP
Apr 12, 2024
- In Favour of Both, Partially
- Citation Number : TS-139-ITAT-2024(Kol)-TP
- Tax Payer : GE Healthcare Finland Oy
HC: No assessment order framed after TPO's order; Directs Revenue to examine refund claim
Apr 12, 2024
- In Favour of Assessee
- Citation Number : TS-140-HC-2024(DEL)-TP
- Tax Payer : Evalueserve.com Pvt Ltd
HC: Confirms ITAT’s deletion of TP adjustment qua IGS; Dismisses Revenue’s appeal
Apr 04, 2024
- In Favour of Assessee
- Citation Number : TS-136-HC-2024(DEL)-TP
- Tax Payer : A T Kearney Limited
HC: Upholds ITAT's exclusion of L&T, Wipro & Zylog citing functional dissimilarity, etc
Apr 04, 2024
- In Favour of Assessee
- Citation Number : TS-135-HC-2024(DEL)-TP
- Tax Payer : Fiserv India Pvt Ltd
HC: Dismisses Revenue’s appeal on exclusion of certain comparables
Apr 03, 2024
- In Favour of Assessee
- Citation Number : TS-133-HC-2024(DEL)-TP
- Tax Payer : Nokia Seimens Networks India P Ltd
HC: Dismisses Revenue's appeal against comparables' selection, considers findings qua geographical location/industry
Apr 03, 2024
- In Favour of Assessee
- Citation Number : TS-134-HC-2024(DEL)-TP
- Tax Payer : Tupperware India Pvt. Ltd.
ITAT: Remits SWD adjustment for de novo examination for Microsoft Global Services
Apr 02, 2024
- In Favour of Both, Partially
- Citation Number : TS-129-ITAT-2024(HYD)-TP
- Tax Payer : Microsoft Global Services Centre (India) Private Limited
ITAT: Accepts TNMM over CUP for export transaction; Remits TP-adjustment qua IGS
Apr 02, 2024
- In Favour of Both, Partially
- Citation Number : TS-130-ITAT-2024(Mum)-TP
- Tax Payer : Lanxess India Private Ltd.
HC: Disposes of Revenue's appeal; Considers mean margin computation, notes no adverse tax-impact
Apr 01, 2024
- In Favour of None/NA
- Citation Number : TS-127-HC-2024(DEL)-TP
- Tax Payer : Techbooks Electronics Services Pvt Ltd
ITAT: Quashes assessment-order passed in non-existent entity's name as void ab initio
Apr 01, 2024
- In Favour of Assessee
- Citation Number : TS-128-ITAT-2024(DEL)-TP
- Tax Payer : Boeing India Pvt Ltd
ITAT: Holds EURIBOR to be at ALP for AE-loan; Deletes TP-adjustment
Mar 28, 2024
- In Favour of None/NA
- Citation Number : TS-124-ITAT-2024(DEL)-TP
- Tax Payer : Motherson Sumi Systems Ltd
ITAT: Admits additional evidence considering co-ordinate bench observations for earlier AYs
Mar 28, 2024
- In Favour of Both, Partially
- Citation Number : TS-125-ITAT-2024(Mum)-TP
- Tax Payer : Servier India Private Limited
HC: Quashes final assessment order, demand/penalty notices pending DRP reference
Mar 27, 2024
- In Favour of Assessee
- Citation Number : TS-121-HC-2024(BOM)-TP
- Tax Payer : APM Terminals India Private Limited