Updates ( 7761 results )
ITAT: Excludes 3 comparables in SWD segment basis functional dissimilarity; Follows precedents
Jan 15, 2025
- In Favour of Both, Partially
- Citation Number : TS-04-ITAT-2025(Mum)-TP
- Tax Payer : HERE Solutions India Private Limited
ITAT: Grants partial stay on demand arising out of TP adjustments, subject to payment of 20% of demand
Jan 14, 2025
- In Favour of Assessee
- Citation Number : TS-571-ITAT-2024(DEL)-TP
- Tax Payer : Honda R&D India P. Ltd
ITAT: Remits TP-adjustment w.r.t interest on loan, holds corporate guarantee as international transaction
Jan 14, 2025
- In Favour of Both, Partially
- Citation Number : TS-572-ITAT-2024(CHNY)-TP
- Tax Payer : Sundram Fasteners Ltd
ITAT: Confirms CIT(A)’s deletion of TP adjustment w.r.t claim u/s.80IA; Follows earlier orders
Jan 14, 2025
- In Favour of Assessee
- Citation Number : TS-573-ITAT-2024(Kol)-TP
- Tax Payer : Birla Corporation Limited
HC: Disposes of Revenue’s appeal qua exclusion of Infosys BPO Ltd
Jan 14, 2025
- In Favour of Both, Partially
- Citation Number : TS-574-HC-2024(DEL)-TP
- Tax Payer : Symphony Marketing Solutions India Pvt. Ltd
ITAT: Quashes final assessment order for Uber India pursuant to SB’s findings
Jan 09, 2025
- In Favour of Assessee
- Citation Number : TS-566-ITAT-2024(HYD)-TP
- Tax Payer : Uber India Systems Private Limited
ITAT: Remits issues of margin computation, comparable selection, working capital adjustment
Jan 09, 2025
- In Favour of Both, Partially
- Citation Number : TS-567-ITAT-2024(Bang)-TP
- Tax Payer : Schneider Electric IT Business India Pvt Ltd
ITAT: No hearing opportunity given to assessee to substantiate RPM as MAM etc., restores TP-adjustment
Jan 09, 2025
- In Favour of Both, Partially
- Citation Number : TS-568-ITAT-2024(Bang)-TP
- Tax Payer : Merit Medical Systems India Pvt Ltd
ITAT: Holds SDT-adjustment impermissible where no benefit granted u/s.80-IC, follows precedent
Jan 09, 2025
- In Favour of Both, Partially
- Citation Number : TS-569-ITAT-2024(JPR)-TP
- Tax Payer : Autolite Manufacturing Ltd
ITAT: Rejects Revenue's plea to exclude/include comparables for auto-components manufacturer
Jan 08, 2025
- In Favour of Assessee
- Citation Number : TS-565-ITAT-2024(CHNY)-TP
- Tax Payer : Hwashin Automotive India Private Limited
HC: Confirms ITAT’s exclusion of comparables providing high-end services vis-a-vis assessee’s limited services
Jan 08, 2025
- In Favour of Assessee
- Citation Number : TS-563-HC-2024(DEL)-TP
- Tax Payer : Fluor Daniel India Pvt Ltd
ITAT: Outstanding dues beyond agreed credit period a separate international transaction; Remits working capital
Jan 08, 2025
- In Favour of None/NA
- Citation Number : TS-564-ITAT-2024(Bang)-TP
- Tax Payer : Biocon Biologics Limited
ITAT: Finds no error apparent from record, refuses to recall order disallowing expenses
Jan 07, 2025
- In Favour of Revenue
- Citation Number : TS-560-ITAT-2024(DEL)-TP
- Tax Payer : A. T. Kearney India Pvt. Ltd.
ITAT: Excludes comparables failing upper turnover filter; Includes comparable passing persistent-loss filter
Jan 07, 2025
- In Favour of Assessee
- Citation Number : TS-561-ITAT-2024(CHNY)-TP
- Tax Payer : Genesys Telecom Labs India Pvt Ltd
ITAT: AO not empowered to make royalty-adjustment once DRP finds addition unsustainable
Jan 07, 2025
- In Favour of Assessee
- Citation Number : TS-562-ITAT-2024(PUN)-TP
- Tax Payer : Cummins Generator Technologies India Pvt Ltd
ITAT: Mentioning wrong name in assessment-order not fatal, upholds Revenue's SBI+100 PLR for loan-interest
Jan 03, 2025
- In Favour of Revenue
- Citation Number : TS-558-ITAT-2024(Bang)-TP
- Tax Payer : Brigade Properties Private Limited
ITAT: Deletes TP-adjustment w.r.t subscription fees, scholarships received / paid by assessee as pass-through entity
Jan 03, 2025
- In Favour of Assessee
- Citation Number : TS-559-ITAT-2024(DEL)-TP
- Tax Payer : RICS India Pvt Ltd
ITAT: Directs AO/TPO to compute PLI considering bad debt expenses as operating expenditure
Jan 02, 2025
- In Favour of Both, Partially
- Citation Number : TS-556-ITAT-2024(Bang)-TP
- Tax Payer : Hitachi Energy Technology Services Pvt Ltd
ITAT: Rejects assessee’s plea for treating forex loss as non-operating expense; Follows precedent
Jan 02, 2025
- In Favour of Both, Partially
- Citation Number : TS-557-ITAT-2024(CHNY)-TP
- Tax Payer : Doowon Electronics India Private Limited
ITAT: Holds trade receivables from AE as international transaction, to be benchmarked separately
Jan 01, 2025
- In Favour of Revenue
- Citation Number : TS-554-ITAT-2024(DEL)-TP
- Tax Payer : Avaya India Private Limited