Rulings ( 9875 results )
Income tax Appellate Tribunal
Latest
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
Income tax Appellate Tribunal
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
Income tax Appellate Tribunal
ITAT: Transfer from faceless AO to jurisdictional AO does not extend time limit
Mar 28, 2024
- In Favour of Assessee
- Citation Number : TS-123-ITAT-2024(DEL)-TP
- Tax Payer : Nikon India Pvt Ltd
High Court
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
High Court
HC: Dismisses application for condonation of delay; Rejects appeal against foreign-AE selected as tested-party
Mar 27, 2024
- In Favour of Assessee
- Citation Number : TS-122-HC-2024(CAL)-TP
- Tax Payer : TCG Digital Solutions (P) Ltd
Income tax Appellate Tribunal
ITAT: Upholds assessee's 'other method' over TNMM for benchmarking purchase of traded goods
Mar 26, 2024
- In Favour of Assessee
- Citation Number : TS-119-ITAT-2024(DEL)-TP
- Tax Payer : Golden Agri Resources (India) Pvt Ltd
Income tax Appellate Tribunal
ITAT: Rejects NIL-ALP of IGS, notes TPO/DRP rendered contradictory observations
Mar 26, 2024
- In Favour of Assessee
- Citation Number : TS-120-ITAT-2024(DEL)-TP
- Tax Payer : Intertek India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Distinguishes letter of comfort viz-a-viz letter of guarantee; Deletes TP-adjustment
Mar 26, 2024
- In Favour of Assessee
- Citation Number : TS-118-ITAT-2024(Mum)-TP
- Tax Payer : Lupin Limited
Income tax Appellate Tribunal
ITAT: Rules on comparables under contract software development segment, remits interest on receivables
Mar 25, 2024
- In Favour of Both, Partially
- Citation Number : TS-117-ITAT-2024(DEL)-TP
- Tax Payer : Nokia Solutions and Networks India Pvt Ltd
High Court
HC: Dismisses Revenue’s appeal against ITAT-order qua royalty, share valuation for Dabur India
Mar 25, 2024
- In Favour of Assessee
- Citation Number : TS-116-HC-2024(DEL)-TP
- Tax Payer : Dabur India Ltd
Income tax Appellate Tribunal
ITAT: Remits TP-adjustments qua corporate guarantee commission, interest on loan
Mar 22, 2024
- In Favour of Both, Partially
- Citation Number : TS-114-ITAT-2024(Mum)-TP
- Tax Payer : ACG Associated Capsules Pvt Ltd
High Court
HC: Dismisses Revenue's 'misconceived' appeal against ITAT-order rejecting invocation of TP-provisions
Mar 22, 2024
- In Favour of Assessee
- Citation Number : TS-115-HC-2024(DEL)-TP
- Tax Payer : Mercer Consulting India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Upholds exclusion of comparables with high turnover, negative operating margins
Mar 21, 2024
- In Favour of Both, Partially
- Citation Number : TS-112-ITAT-2024(DEL)-TP
- Tax Payer : STMicroelectronics Pvt Ltd
Income tax Appellate Tribunal
ITAT: Remits issues w.r.t segmental margin details, expatriates-salary reimbursement
Mar 21, 2024
- In Favour of None/NA
- Citation Number : TS-113-ITAT-2024(HYD)-TP
- Tax Payer : TPSC (India) Private Limited
Income tax Appellate Tribunal
ITAT: Fresh TPO-reference required once pending assessment abates u/s.153A(1) pursuant to search
Mar 21, 2024
- In Favour of Both, Partially
- Citation Number : TS-111-ITAT-2024(Kol)-TP
- Tax Payer : Himatsingka Seide Ltd
Income tax Appellate Tribunal
ITAT: Invoices/separate agreements between branches unnecessary if cost allocation done basis proper key
Mar 21, 2024
- In Favour of Assessee
- Citation Number : TS-110-ITAT-2024(Mum)-TP
- Tax Payer : Standard Chartered Bank Ltd
Income tax Appellate Tribunal
ITAT: Rules on TP-adjustments qua corporate guarantee, royalty etc; Follows earlier orders
Mar 20, 2024
- In Favour of Assessee
- Citation Number : TS-108-ITAT-2024(DEL)-TP
- Tax Payer : Dabur India Ltd
Supreme Court
SC: Dismisses Revenue’s SLP against HC-order in AMD India's case considering low tax effect
Mar 20, 2024
- In Favour of None/NA
- Citation Number : TS-109-SC-2024-TP
- Tax Payer : AMD India Private Ltd
Income tax Appellate Tribunal
ITAT: Restores TP-adjustment w.r.t ITeS, payment for K-Net charges considering India-US Bilateral APA
Mar 19, 2024
- In Favour of Assessee
- Citation Number : TS-107-ITAT-2024(DEL)-TP
- Tax Payer : A.T. Kearney Ltd
High Court
HC: Dismisses Revenue's appeal against ITAT's exclusion of Infosys, Persistent etc as comparables
Mar 19, 2024
- In Favour of Assessee
- Citation Number : TS-106-HC-2024(DEL)-TP
- Tax Payer : NEC Technologies India P Ltd