Updates ( 7761 results )
HC: Dismisses appeal challenging final assessment-order as withdrawn in light of Sumitomo Corporation India case
Jan 01, 2025
- In Favour of Both, Partially
- Citation Number : TS-555-HC-2024(DEL)-TP
- Tax Payer : Smart Cube India Pvt Ltd
ITAT: Rectifies Tribunal-order; Remits addition qua professional fee, directs AO to make TPO-reference
Dec 31, 2024
- In Favour of Revenue
- Citation Number : TS-551-ITAT-2024(Mum)-TP
- Tax Payer : DAM Capital Advisors Limited
ITAT: Remits TP-adjustment qua outstanding AE-receivables; Follows precedent
Dec 31, 2024
- In Favour of Revenue
- Citation Number : TS-552-ITAT-2024(Bang)-TP
- Tax Payer : EIT Services India Pvt Ltd
ITAT: TPO/DRP fails to explain rejection of TNMM for technical assistance fees; Rejects Nil ALP
Dec 31, 2024
- In Favour of Assessee
- Citation Number : TS-553-ITAT-2024(CHNY)-TP
- Tax Payer : HSI Automotive Private Limited
ITAT: No notional cost for calculating Assessee’s PLI; Accepts LIBOR+200 as interest rate
Dec 30, 2024
- In Favour of Both, Partially
- Citation Number : TS-546-ITAT-2024(Bang)-TP
- Tax Payer : IQVIA Analytics Services Pvt Ltd
ITAT: Remits TP adjustment qua notional interest charged on overdue receivables; Follows precedents
Dec 30, 2024
- In Favour of Both, Partially
- Citation Number : TS-547-ITAT-2024(Bang)-TP
- Tax Payer : Softlayer Technologies Pvt Ltd
ITAT: Holds TP adjustment qua outstanding receivables on loans as unsustainable for debt-free assessee
Dec 30, 2024
- In Favour of Assessee
- Citation Number : TS-548-ITAT-2024(CHNY)-TP
- Tax Payer : SAS Hotels & Enterprises Ltd
HC: Dismisses Revenue’s appeals on AMP adjustment, identical issue covered earlier
Dec 30, 2024
- In Favour of Assessee
- Citation Number : TS-549-HC-2024(DEL)-TP
- Tax Payer : Casio India Company Pvt Ltd
ITAT: Deletes TP-adjustment qua interest on outstanding receivable in case of debt free company-assessee
Dec 27, 2024
- In Favour of Assessee
- Citation Number : TS-542-ITAT-2024(DEL)-TP
- Tax Payer : Ramboll India Pvt Ltd
ITAT: Admits assessee’s additional evidence filed for purpose of establishing rendition of IGS; Remits issue
Dec 27, 2024
- In Favour of Assessee
- Citation Number : TS-543-ITAT-2024(DEL)-TP
- Tax Payer : Nefab India Pvt Ltd
ITAT: Deletes TP adjustment qua AMP expenses for HP India Sales; Follows earlier order
Dec 27, 2024
- In Favour of Assessee
- Citation Number : TS-544-ITAT-2024(Bang)-TP
- Tax Payer : HP India Sales Private Ltd
ITAT: Considers Assessee eligible for Sec. 10AA deduction; Follows earlier order
Dec 27, 2024
- In Favour of Assessee
- Citation Number : TS-545-ITAT-2024(Bang)-TP
- Tax Payer : EYGBS India Pvt Ltd
ITAT: Directs TPO to prepare fresh TP study in light of adjustment accepted under MAP resolution with US based AEs
Dec 26, 2024
- In Favour of Assessee
- Citation Number : TS-538-ITAT-2024(Bang)-TP
- Tax Payer : NI Systems India Pvt Ltd
ITAT: Sets-aside AO’s order holding Indian subsidiary as dependent agent PE; Remits matter, TPO to consider additional evidence
Dec 26, 2024
- In Favour of Assessee
- Citation Number : TS-539-ITAT-2024(Bang)-TP
- Tax Payer : QlikTech International AB C/o QlikTech India Pvt Ltd
ITAT: Remits downward adjustment made in respect of SDT of transfer of power; Follows precedent
Dec 26, 2024
- In Favour of Both, Partially
- Citation Number : TS-540-ITAT-2024(Kol)-TP
- Tax Payer : Orient Paper & Industries Limited
ITAT: Deletes TP-adjustment qua administrative support services; Includes/Excludes comparables for research, engineering support services
Dec 26, 2024
- In Favour of Both, Partially
- Citation Number : TS-541-ITAT-2024(DEL)-TP
- Tax Payer : Corteva Agriscience India Pvt Ltd
ITAT: Excludes comparables for ITeS-provider citing functional dissimilarity, etc; Adopts interest on receivables @LIBOR+200
Dec 24, 2024
- In Favour of Both, Partially
- Citation Number : TS-535-ITAT-2024(HYD)-TP
- Tax Payer : Macromill Research India LLP
ITAT: Holds CIT(TP) erred in invoking 263 jurisdiction w.r.t power-price for transactions with AE
Dec 24, 2024
- In Favour of Assessee
- Citation Number : TS-536-ITAT-2024(CHNY)-TP
- Tax Payer : K G Denim Limited
ITAT: Deletes TP addition qua IT fees on protective basis as settled under MAP resolution
Dec 24, 2024
- In Favour of Assessee
- Citation Number : TS-537-ITAT-2024(Bang)-TP
- Tax Payer : LM Wind Power Blades (India) Pvt. Ltd.
ITAT: Remits TP-adjustment qua corporate services; Assessee to substantiate rendition of services
Dec 23, 2024
- In Favour of Both, Partially
- Citation Number : TS-532-ITAT-2024(Bang)-TP
- Tax Payer : Bosch Automotive Electronics India Pvt. Ltd