Rulings ( 10841 results )
High Court
HC: Dismisses Revenue’s appeal on AMP and comparables, follows Assessee’s earlier order
Aug 14, 2024
- In Favour of Assessee
- Citation Number : TS-349-HC-2024(DEL)-TP
- Tax Payer : Samsung India Electronics Pvt. Ltd
High Court
HC: Dismisses Nikon India’s appeal against order on AMP adjustment issue being purely academic
Aug 14, 2024
- In Favour of Revenue
- Citation Number : TS-348-HC-2024(P & H)-TP
- Tax Payer : Nikon India Private Limited
High Court
HC: Bombay HC tells Revenue - Let SC decide Shelf Drilling controversy
Aug 14, 2024
- In Favour of Assessee
- Citation Number : TS-350-HC-2024(BOM)-TP
- Tax Payer : PayPal Payments Private Limited
Income tax Appellate Tribunal
ITAT: Holds subsequent proceedings non-est, demand/penalty notices issued with draft assessment order
Aug 13, 2024
- In Favour of Assessee
- Citation Number : TS-347-ITAT-2024(Mum)-TP
- Tax Payer : Goldman Sachs (India) Securities Pvt Ltd
Income tax Appellate Tribunal
ITAT: Deletes Sec.271G-penalty; Holds assessee’s non-compliance, delay in filing documents as reasonable
Aug 13, 2024
- In Favour of Assessee
- Citation Number : TS-346-ITAT-2024(Mum)-TP
- Tax Payer : Total Energies Marketing Services, France
Income tax Appellate Tribunal
ITAT: Affirms Sec.10A deduction w.r.t income arising out of MAP resolution, follows earlier order
Aug 13, 2024
- In Favour of Assessee
- Citation Number : TS-345-ITAT-2024(Bang)-TP
- Tax Payer : Dell International Services India Private Limited
Income tax Appellate Tribunal
ITAT: Confirms deletion of Sec.271G penalty; Notes no violation of Sec.92D, follows earlier order
Aug 12, 2024
- In Favour of Assessee
- Citation Number : TS-342-ITAT-2024(Mum)-TP
- Tax Payer : Laxmi Diamond Private Limited
Income tax Appellate Tribunal
ITAT: Adopts CPM for manufacturing segment, RPM for trading activities; Deletes AMP-adjustment
Aug 12, 2024
- In Favour of Assessee
- Citation Number : TS-344-ITAT-2024(Bang)-TP
- Tax Payer : AO Smith India Water Products Pvt Ltd
High Court
HC: Dismisses Revenue’s appeal against ITAT-order in Birlasoft's case qua internal comparison
Aug 12, 2024
- In Favour of Assessee
- Citation Number : TS-343-HC-2024(DEL)-TP
- Tax Payer : Birlasoft Pvt Ltd
Income tax Appellate Tribunal
ITAT: Dismisses assessee's MA for rectifying earlier order w.r.t interest on receivables
Aug 09, 2024
- In Favour of Revenue
- Citation Number : TS-339-ITAT-2024(HYD)-TP
- Tax Payer : BA Continum India (P) Ltd
High Court
HC: Dismisses Revenue’s appeal against allowing customs-duty adjustment w.r.t import of watches
Aug 09, 2024
- In Favour of Assessee
- Citation Number : TS-341-HC-2024(DEL)-TP
- Tax Payer : Swatch Group [India[ Pvt Ltd
Income tax Appellate Tribunal
ITAT: Upholds CIT(A)’s restriction of corporate & performance guarantee at 0.5%
Aug 09, 2024
- In Favour of Both, Partially
- Citation Number : TS-337-ITAT-2024(Mum)-TP
- Tax Payer : Aditya Birla Nuvo Limited
High Court
HC: ITAT unjustified in remitting matter to DRP considering TP-report disclosures, assessee's consistent stand
Aug 09, 2024
- In Favour of Assessee
- Citation Number : TS-340-HC-2024(DEL)-TP
- Tax Payer : ALcatel Lucent India Ltd
Income tax Appellate Tribunal
ITAT: Dismisses Revenue's plea; Confirms CIT(A)'s adoption of SEB rate as market rate
Aug 08, 2024
- In Favour of Assessee
- Citation Number : TS-335-ITAT-2024(Mum)-TP
- Tax Payer : Hindalco Industries Ltd
Income tax Appellate Tribunal
ITAT: Recalls order, remits interest on receivables to be decided as per DRP's directions
Aug 08, 2024
- In Favour of Both, Partially
- Citation Number : TS-334-ITAT-2024(HYD)-TP
- Tax Payer : Corteva Agriscience Services India Private Limited
High Court
HC: Dismisses Revenue’s appeal on comparable-selection, no substantial question of law raised
Aug 08, 2024
- In Favour of Assessee
- Citation Number : TS-333-HC-2024(DEL)-TP
- Tax Payer : Samsung India Electronics Pvt Ltd
Income tax Appellate Tribunal
ITAT: DRP should give categorical direction, cannot 'gyrate' TP-dispute by remanding it to AO
Aug 08, 2024
- In Favour of Assessee
- Citation Number : TS-336-ITAT-2024(LKW)-TP
- Tax Payer : L H Sugar Factories Ltd
Income tax Appellate Tribunal
ITAT: Disallowances qua software services provided & interest on receivables arguable, stays demand
Aug 07, 2024
- In Favour of Assessee
- Citation Number : TS-330-ITAT-2024(DEL)-TP
- Tax Payer : Aristocrat Technologies India Private Limited
Income tax Appellate Tribunal
ITAT: Upholds TNMM over CUP for goods' sale, remits adjustment qua interest on debentures
Aug 07, 2024
- In Favour of Both, Partially
- Citation Number : TS-332-ITAT-2024(CHNY)-TP
- Tax Payer : Hospira Healthcare India Private Limited
Income tax Appellate Tribunal
ITAT: Grants stay; Notes TP-issue settled during earlier years, error in final assessment order
Aug 07, 2024
- In Favour of Assessee
- Citation Number : TS-331-ITAT-2024(DEL)-TP
- Tax Payer : Humboldt Wedag India Pvt. Ltd