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Flash

ITAT Special Bench returns Cyprus Treaty interpretation reference to ITAT President, requests re-framing of issues

HC: 'Base Erosion' being debatable issue, can't fasten penalty on Shell Global

ITAT: Interprets “and” as “or” in S.144C(15); Holds procedural law has retrospective application

ITAT: Upholds parties as AE, deemed AE; Determines ALP of NCD interest, issue expenses

SC’s interim relief to Revenue in Shelf Drilling case

CBDT releases fifth Annual Report on APA programme for FY 2022-23

CBDT releases fourth Annual Report on APA for FYs 2019-20, 2020-21 and 2021-22

ITAT: Grants Xiaomi stay against Rs.1833 Cr. demand as Revenue fully secured by prior attachments

CBDT notifies extension of Safe Harbour Rules for AY 2023-24

OECD invites public comments on Pillar One-Amount B's technical aspects

First on Taxsutra

Search Judgment Aftermath - Revenue seeks SC's clarification vis-a-vis Sec.148 proceedings

First on Taxsutra

SC holds 'substantial question of law' lies before HC on comparable selection & ALP…

First on Taxsutra

SC decisively sets aside/reverses Karnataka HC judgment on comparables matter, allows Revenue appeal…

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Adjustments
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ALP computation
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Intra-group services
margin computation
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- Rule of Consistency
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- Threshold limit of Rs 5 crores
- Time limit for completing the assessment
- TP and Search Proceedings

Number

Applevel

Year

Rulings

Income tax Appellate Tribunal Latest

ITAT: Upholds 263 order as TPO’s order erroneous/prejudicial; Explains revision powers wrt TP

Dec 08, 2023

Income tax Appellate Tribunal

ITAT: Treats redeemable, non-convertible preference shares as ‘quasi capital’, benchmarks basis LIBOR

Dec 07, 2023

Income tax Appellate Tribunal

ITAT: Allows assessee's additional-evidence application qua new comparables, delay inconsequential…

Dec 06, 2023

Income tax Appellate Tribunal

ITAT: Deletes TP-adjustments qua guarantee commission, interest on loan for Adani Ports & SEZ

Dec 04, 2023

Trending Topics :

Search Assessments
Section 194R
Search Assessments
Section 194S
MFN Clause

News

Around the World Latest

Holds APA not applicable to future years unless specified; Quashes review claim

Nov 20, 2023

Around the World

US Tax Court rules out Brazilian legal restriction in determining ALP for intangibles in Coca-Cola’s case

Nov 16, 2023

Around the World

OECD releases 2022 MAP Statistics, Awards and 2023 Consolidated Information on MAP

Nov 15, 2023

Around the World

OECD invites public comments on additional toolkit for applying TP framework by developing countries to a…

Nov 07, 2023

Experts' Corner

Expert Columns

Swathanth R

Partner, Ernst & Young LLP

Does Making Super Profits in India Lead to Higher Taxation?

Nov 29, 2023

Expert Columns

Ashwin Vishwanathan

Partner, Ernst & Young LLP

Guaranteed Return for Guarantee - Impact of Recent GST Developments on TP

Nov 23, 2023

Tax Ring

Delhi HC's 'Wholesome Approach' on APA - Welcome Verdict?...
Jul 07, 2023
Mumbai ITAT's judgment in Gemological Institute of America Inc case - ...
May 12, 2021

Updates

Income tax Appellate Tribunal Latest

ITAT: Deletes SDT-addition following HC ruling in Texport Overseas

Dec 08, 2023

Income tax Appellate Tribunal

ITAT: Upholds CIT(A)'s comparables' selection, grant of depreciation & working capital…

Dec 08, 2023

Income tax Appellate Tribunal

ITAT: Remits disallowance of trademark fees, directs AO to consider assessee's evidence

Dec 08, 2023

Income tax Appellate Tribunal

ITAT: Determines corporate guarantee commission @ 0.5%; Follows earlier order

Dec 07, 2023

Litigation Tracker

HC grants interim stay against Bank A/c attachment, demand substantially covered by APA-modified ITR

Nov 24, 2023

ASG N. Venkataraman, Sr. Adv. Ajay Vohra preview opening arguments in novel TP case

Nov 23, 2023

ITAT Special Bench returns Cyprus Treaty interpretation reference to ITAT President, requests re-framing of…

Nov 15, 2023

Is there a 'vacuum', asks SC while hearing Revenue's SLP on draft vs final order conundrum

Nov 07, 2023

Kaleidoscope

Reflections on Indian TP controversies – "Profit Split Method”

Aug 04, 2023

Reflections on Indian TP controversies - “Cost Plus Method”

Jul 18, 2023

BEPS

Stakeholders express concern over ‘twin-tests' in Draft Rules for Domestic Legislation on Scope under…
Apr 26, 2022
Stakeholders on Implementation Framework for Global Minimum Tax seek simplification, dispute resolution…
Apr 18, 2022

Taxsutra TV

Mr. Vijay Iyer bats for a more effective dispute resolution mechanism, easier compliances, effective tax rates

Jan 30, 2022

Rishabh Kumar Sawansukha, Vice President – Taxation, Snapdeal

Nov 19, 2015

Book Reviews

Tangible Guide to Intangibles

Transfer Pricing Demystified

Taxsutra Insights

Compilation of 320+ Rulings - Impacted by SC Judgment in SAP Labs

Apr 25, 2023

Finance Bill, 2022 - Direct Tax Rulings Impacted

Feb 04, 2022

First on Taxsutra

Search Judgment Aftermath - Revenue seeks SC's clarification vis-a-vis Sec.148 proceedings

First on Taxsutra

SC holds 'substantial question of law' lies before HC on comparable selection & ALP…

First on Taxsutra

SC decisively sets aside/reverses Karnataka HC judgment on comparables matter, allows Revenue appeal…

Experts' Corner

Expert Columns

Swathanth R

Partner, Ernst & Young LLP

Does Making Super Profits in India Lead to Higher Taxation?

Nov 29, 2023

Expert Columns

Ashwin Vishwanathan

Partner, Ernst & Young LLP

Guaranteed Return for Guarantee - Impact of Recent GST Developments on TP

Nov 23, 2023

Global TP Battleground

UK ruling on Intra-group Loans issued for Acquisition purposes - An Analysis

Sep 28, 2022

French Tax Authorities raising non-vanilla questions around Pricing of…

Apr 27, 2022

Tax Ring

Delhi HC's 'Wholesome Approach' on APA - Welcome Verdict?...
Jul 07, 2023
Mumbai ITAT's judgment in Gemological Institute of America Inc case - ...
May 12, 2021

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Home
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  - Rulings
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  - Gstsutra TV
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LawStreetIndia
Library
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- Taxsutra Database
Reservoir
Greentick