Updates ( 7360 results )
ITAT: Rules on comparables, TP adjustment on interest, outstanding receivables; Follows earlier order
Mar 01, 2024
- In Favour of Assessee
- Citation Number : TS-72-ITAT-2024(Mum)-TP
- Tax Payer : Varian Medical Systems International India Private Limited
ITAT: Deletes TP-adjustments w.r.t corporate guarantee fee, loan-interest, expense reimbursement
Feb 29, 2024
- In Favour of Assessee
- Citation Number : TS-68-ITAT-2024(Ahd)-TP
- Tax Payer : Zydus Lifesciences Ltd
HC: Dismisses Revenue’s appeal against Tribunal’s order on MA u/s 254(2)
Feb 29, 2024
- In Favour of Assessee
- Citation Number : TS-69-HC-2024(DEL)-TP
- Tax Payer : Fiserv India Pvt Ltd
ITAT: Deletes TP-adjustment for interbank indemnities issued by overseas branches, upholds TNMM
Feb 28, 2024
- In Favour of Assessee
- Citation Number : TS-67-ITAT-2024(Mum)-TP
- Tax Payer : The Bank of Nova Scotia
ITAT: Remands disallowance computation, cites AO's failure to follow DRP-order in true sense
Feb 28, 2024
- In Favour of Both, Partially
- Citation Number : TS-65-ITAT-2024(Mum)-TP
- Tax Payer : Pacific Internet India Pvt Ltd
HC: Allows assessee’s writ petition on refund of tax deposited for grant of stay
Feb 27, 2024
- In Favour of Assessee
- Citation Number : TS-66-HC-2024(DEL)-TP
- Tax Payer : Navisite India Pvt. Ltd
HC: Disposes Revenue's appeal citing expiry of ITAT-order extending stay of demand
Feb 27, 2024
- In Favour of Assessee
- Citation Number : TS-64-HC-2024(MAD)-TP
- Tax Payer : Durr India Private Limited
ITAT: Remits TP-adjustment qua notional interest on outstanding receivables
Feb 26, 2024
- In Favour of Assessee
- Citation Number : TS-63-ITAT-2024(Bang)-TP
- Tax Payer : Altisource Business Solutions Private Ltd
ITAT: Dismisses assessee's MA seeking rectification of Tribunal order on comparable-selection
Feb 26, 2024
- In Favour of Revenue
- Citation Number : TS-61-ITAT-2024(DEL)-TP
- Tax Payer : Louis Dreyfur Commodities India Pvt Ltd
ITAT: Directs TPO to follow DRP’s directions w.r.t aggregation approach, TNMM application
Feb 26, 2024
- In Favour of Assessee
- Citation Number : TS-62-ITAT-2024(Kol)-TP
- Tax Payer : Linde India Ltd (formerly BOC India Ltd)
ITAT: Grants stay of demand to DLF Midtown w.r.t SDT-adjustment u/s.92BA
Feb 23, 2024
- In Favour of Assessee
- Citation Number : TS-59-ITAT-2024(DEL)-TP
- Tax Payer : DLF Midtown P Ltd
ITAT: Deletes addition qua commission on SBLC; Follows earlier order
Feb 23, 2024
- In Favour of Assessee
- Citation Number : TS-58-ITAT-2024(DEL)-TP
- Tax Payer : Bhartiya International Ltd
ITAT: Deletes notional interest on outstanding receivables; Follows precedents
Feb 22, 2024
- In Favour of Assessee
- Citation Number : TS-57-ITAT-2024(DEL)-TP
- Tax Payer : TCI-GO Vacation India Private Limited
ITAT: Dismisses assessee’s MA qua interest on receivables, invoice-wise details not filed earlier
Feb 22, 2024
- In Favour of Revenue
- Citation Number : TS-56-ITAT-2024(HYD)-TP
- Tax Payer : Aurobindo Pharma Ltd.
ITAT: Upholds comparables selected by TPO/DRP; Remits interest on outstanding receivables
Feb 21, 2024
- In Favour of Both, Partially
- Citation Number : TS-54-ITAT-2024(VIZ)-TP
- Tax Payer : Teejay India Private Limited
ITAT: Deletes TP-adjustment for AMP expenses alleged as brand promotion; Follows earlier orders
Feb 21, 2024
- In Favour of Assessee
- Citation Number : TS-55-ITAT-2024(CHNY)-TP
- Tax Payer : Hyundai Motor India Limited
ITAT: No change in facts to deviate from TNMM to CUP; Confirms rejection of multiple/ prior year data
Feb 16, 2024
- In Favour of Both, Partially
- Citation Number : TS-49-ITAT-2024(VIZ)-TP
- Tax Payer : Teejay India Private Limited
ITAT: Deletes TP-adjustments qua Letter of comfort, interest on delayed realization
Feb 16, 2024
- In Favour of Assessee
- Citation Number : TS-50-ITAT-2024(Mum)-TP
- Tax Payer : Tata International Limited
ITAT: Rejects assessee’s own recharacterization as distributor, upholds CUP to benchmark API-import
Feb 15, 2024
- In Favour of Both, Partially
- Citation Number : TS-48-ITAT-2024(Mum)-TP
- Tax Payer : Fulford (India) Limited
ITAT: Excludes functionally dissimilar comparables, directs AO/TPO to examine working capital adjustment
Feb 15, 2024
- In Favour of Both, Partially
- Citation Number : TS-47-ITAT-2024(VIZ)-TP
- Tax Payer : Brandix Apparel India Private Limited