Rulings ( 9875 results )

ITAT: Holds EURIBOR to be at ALP for AE-loan; Deletes TP-adjustment

  • In Favour of None/NA
  • Citation Number : TS-124-ITAT-2024(DEL)-TP
  • Tax Payer : Motherson Sumi Systems Ltd

ITAT: Admits additional evidence considering co-ordinate bench observations for earlier AYs

  • In Favour of Both, Partially
  • Citation Number : TS-125-ITAT-2024(Mum)-TP
  • Tax Payer : Servier India Private Limited

ITAT: Transfer from faceless AO to jurisdictional AO does not extend time limit

  • In Favour of Assessee
  • Citation Number : TS-123-ITAT-2024(DEL)-TP
  • Tax Payer : Nikon India Pvt Ltd

HC: Quashes final assessment order, demand/penalty notices pending DRP reference

  • In Favour of Assessee
  • Citation Number : TS-121-HC-2024(BOM)-TP
  • Tax Payer : APM Terminals India Private Limited

HC: Dismisses application for condonation of delay; Rejects appeal against foreign-AE selected as tested-party

  • In Favour of Assessee
  • Citation Number : TS-122-HC-2024(CAL)-TP
  • Tax Payer : TCG Digital Solutions (P) Ltd

ITAT: Upholds assessee's 'other method' over TNMM for benchmarking purchase of traded goods

  • In Favour of Assessee
  • Citation Number : TS-119-ITAT-2024(DEL)-TP
  • Tax Payer : Golden Agri Resources (India) Pvt Ltd

ITAT: Rejects NIL-ALP of IGS, notes TPO/DRP rendered contradictory observations

  • In Favour of Assessee
  • Citation Number : TS-120-ITAT-2024(DEL)-TP
  • Tax Payer : Intertek India Pvt Ltd

ITAT: Distinguishes letter of comfort viz-a-viz letter of guarantee; Deletes TP-adjustment

  • In Favour of Assessee
  • Citation Number : TS-118-ITAT-2024(Mum)-TP
  • Tax Payer : Lupin Limited

ITAT: Rules on comparables under contract software development segment, remits interest on receivables

  • In Favour of Both, Partially
  • Citation Number : TS-117-ITAT-2024(DEL)-TP
  • Tax Payer : Nokia Solutions and Networks India Pvt Ltd

HC: Dismisses Revenue’s appeal against ITAT-order qua royalty, share valuation for Dabur India

  • In Favour of Assessee
  • Citation Number : TS-116-HC-2024(DEL)-TP
  • Tax Payer : Dabur India Ltd

ITAT: Remits TP-adjustments qua corporate guarantee commission, interest on loan

  • In Favour of Both, Partially
  • Citation Number : TS-114-ITAT-2024(Mum)-TP
  • Tax Payer : ACG Associated Capsules Pvt Ltd

HC: Dismisses Revenue's 'misconceived' appeal against ITAT-order rejecting invocation of TP-provisions

  • In Favour of Assessee
  • Citation Number : TS-115-HC-2024(DEL)-TP
  • Tax Payer : Mercer Consulting India Pvt Ltd

ITAT: Upholds exclusion of comparables with high turnover, negative operating margins

  • In Favour of Both, Partially
  • Citation Number : TS-112-ITAT-2024(DEL)-TP
  • Tax Payer : STMicroelectronics Pvt Ltd

ITAT: Remits issues w.r.t segmental margin details, expatriates-salary reimbursement

  • In Favour of None/NA
  • Citation Number : TS-113-ITAT-2024(HYD)-TP
  • Tax Payer : TPSC (India) Private Limited

ITAT: Fresh TPO-reference required once pending assessment abates u/s.153A(1) pursuant to search

  • In Favour of Both, Partially
  • Citation Number : TS-111-ITAT-2024(Kol)-TP
  • Tax Payer : Himatsingka Seide Ltd

ITAT: Invoices/separate agreements between branches unnecessary if cost allocation done basis proper key

  • In Favour of Assessee
  • Citation Number : TS-110-ITAT-2024(Mum)-TP
  • Tax Payer : Standard Chartered Bank Ltd

ITAT: Rules on TP-adjustments qua corporate guarantee, royalty etc; Follows earlier orders

  • In Favour of Assessee
  • Citation Number : TS-108-ITAT-2024(DEL)-TP
  • Tax Payer : Dabur India Ltd

SC: Dismisses Revenue’s SLP against HC-order in AMD India's case considering low tax effect

  • In Favour of None/NA
  • Citation Number : TS-109-SC-2024-TP
  • Tax Payer : AMD India Private Ltd

ITAT: Restores TP-adjustment w.r.t ITeS, payment for K-Net charges considering India-US Bilateral APA

  • In Favour of Assessee
  • Citation Number : TS-107-ITAT-2024(DEL)-TP
  • Tax Payer : A.T. Kearney Ltd

HC: Dismisses Revenue's appeal against ITAT's exclusion of Infosys, Persistent etc as comparables

  • In Favour of Assessee
  • Citation Number : TS-106-HC-2024(DEL)-TP
  • Tax Payer : NEC Technologies India P Ltd