Updates ( 7360 results )
HC: Upholds Tribunal’s ruling deleting TP-adjustments on royalty, technical service, commission, outstanding receivables
Mar 13, 2024
- In Favour of Assessee
- Citation Number : TS-94-HC-2024(DEL)-TP
- Tax Payer : COIM India Pvt Ltd
ITAT: Accepts payment of interest on ECB at LIBOR+275 bps, remits working capital adjustment
Mar 12, 2024
- In Favour of Both, Partially
- Citation Number : TS-91-ITAT-2024(HYD)-TP
- Tax Payer : Medtronic Engineering and Innovation Centre Private Limited
HC: Dismisses Revenue’s appeal against ITAT-order granting appropriate capacity utilization adjustment
Mar 12, 2024
- In Favour of Assessee
- Citation Number : TS-92-HC-2024(BOM)-TP
- Tax Payer : Radhashir Jewellery Co Pvt Ltd
HC: Upholds setting aside of TPO's rectification-order passed without affording hearing opportunity
Mar 12, 2024
- In Favour of Assessee
- Citation Number : TS-93-HC-2024(DEL)-TP
- Tax Payer : Humboldt Wedag India Pvt Ltd
ITAT: Upholds deletion of adjustment qua bullion purchase, considers database capturing market volatility
Mar 11, 2024
- In Favour of Both, Partially
- Citation Number : TS-88-ITAT-2024(Mum)-TP
- Tax Payer : Bank of Nova Scotia
ITAT: Holds letter of comfort as international transaction; Excludes Axis Integrated Systems
Mar 11, 2024
- In Favour of Both, Partially
- Citation Number : TS-89-ITAT-2024(Mum)-TP
- Tax Payer : Asian Paints Ltd
HC: Confirms deletion of royalty, technical services fees adjustments; Applies rule of consistency
Mar 11, 2024
- In Favour of Assessee
- Citation Number : TS-90-HC-2024(DEL)-TP
- Tax Payer : Woodward India Pvt Ltd
ITAT: Deletes TP-adjustments w.r.t license fee payment & IT cost-allocation; Rules on comparables
Mar 08, 2024
- In Favour of Assessee
- Citation Number : TS-86-ITAT-2024(Mum)-TP
- Tax Payer : The Boston Consulting Group (India) Pvt Ltd
ITAT: Confirms CIT(A)'s deletion of TP-adjustment qua import of goods
Mar 08, 2024
- In Favour of Assessee
- Citation Number : TS-87-ITAT-2024(Mum)-TP
- Tax Payer : Best Seller Fashion India Pvt Ltd
ITAT: Deletes IGS adjustment in second round of litigation; Follows precedents
Mar 07, 2024
- In Favour of Assessee
- Citation Number : TS-84-ITAT-2024(DEL)-TP
- Tax Payer : Avery Dennison (India) Pvt Ltd
HC: Sets aside ITAT’s inconsistent observation on AMP-adjustment in case of Haier Appliances India; Remits matter
Mar 07, 2024
- In Favour of Assessee
- Citation Number : TS-85-HC-2024(DEL)-TP
- Tax Payer : Haier Appliances (India) Pvt Ltd
ITAT: Deletes TP-adjustment for admin support services qua inter-bank indemnities
Mar 06, 2024
- In Favour of Assessee
- Citation Number : TS-82-ITAT-2024(Mum)-TP
- Tax Payer : The Bank of Nova Scotia
ITAT: Tribunal order passed without cognizance of HC-decisions, allows MA, quashes assessment order
Mar 06, 2024
- In Favour of Assessee
- Citation Number : TS-83-ITAT-2024(HYD)-TP
- Tax Payer : Gameloft Software Private Limited
HC: Dismisses Revenue’s appeal against ITAT's exclusion of TCS E-serve as comparable
Mar 06, 2024
- In Favour of Assessee
- Citation Number : TS-80-HC-2024(DEL)-TP
- Tax Payer : Integreon India Pvt Ltd
ITAT: Upholds NIL ALP for IGS; Follows precedents
Mar 05, 2024
- In Favour of Both, Partially
- Citation Number : TS-78-ITAT-2024(DEL)-TP
- Tax Payer : AT Kearney Ltd
HC: 'Change of opinion’ no reason to believe income escapement; Disposes of writ
Mar 05, 2024
- In Favour of Assessee
- Citation Number : TS-79-HC-2024(BOM)-TP
- Tax Payer : Sanofi India Limited (formerly Aventis Pharma Limited)
ITAT: Dismisses final order, variations in final order not proposed in draft order
Mar 04, 2024
- In Favour of Assessee
- Citation Number : TS-74-ITAT-2024(DEL)-TP
- Tax Payer : Mobase India Pvt Ltd
ITAT: Rules on TP-adjustments qua capital infusion, licensing & custodian fees, loan-interest, etc.
Mar 04, 2024
- In Favour of Both, Partially
- Citation Number : TS-76-ITAT-2024(Ahd)-TP
- Tax Payer : Torrent Pharmaceuticals Ltd
ITAT: Deletes TP-adjustment qua export of formulations, accepts foreign AE as tested party
Mar 01, 2024
- In Favour of Assessee
- Citation Number : TS-70-ITAT-2024(Mum)-TP
- Tax Payer : Glenmark Pharmaceuticals Ltd
ITAT: Deletes TP-adjustment qua interest on loan; Considers tenure, commercial prudence
Mar 01, 2024
- In Favour of Assessee
- Citation Number : TS-71-ITAT-2024(DEL)-TP
- Tax Payer : Maharashtra Seamless Ltd