Rulings ( 10851 results )
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
Income tax Appellate Tribunal
ITAT: Includes assessee’s additional-ground for excluding Domex e-Data, apparent mistake of non-adjudication
Aug 06, 2024
- In Favour of Assessee
- Citation Number : TS-328-ITAT-2024(Bang)-TP
- Tax Payer : Workplace Options India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Remits TP-adjustment w.r.t interest on loan, restricts guarantee fee @ 0.5%
Aug 06, 2024
- In Favour of Both, Partially
- Citation Number : TS-329-ITAT-2024(CHNY)-TP
- Tax Payer : Sundram Fasteners Ltd
Income tax Appellate Tribunal
ITAT: Rules on comparables selection for administrative support services provider
Aug 05, 2024
- In Favour of Both, Partially
- Citation Number : TS-326-ITAT-2024(HYD)-TP
- Tax Payer : Corteva Agriscience Services India Private Limited
Income tax Appellate Tribunal
ITAT: Applies 10 times turnover filter on both lower and upper side; Remits comparables
Aug 05, 2024
- In Favour of Both, Partially
- Citation Number : TS-327-ITAT-2024(HYD)-TP
- Tax Payer : Benu Networks Packet Switch Private Limited
Income tax Appellate Tribunal
ITAT: Deletes TP-adjustments qua trademark fee payment, interest on receivables for Goodyear India
Aug 02, 2024
- In Favour of Both, Partially
- Citation Number : TS-322-ITAT-2024(DEL)-TP
- Tax Payer : Goodyear India Ltd
Income tax Appellate Tribunal
ITAT: Remits expense reimbursement adjustment, assessee's functions in engaging unrelated event-manager require examination
Aug 02, 2024
- In Favour of Both, Partially
- Citation Number : TS-323-ITAT-2024(Mum)-TP
- Tax Payer : Bestseller Fashion India Private Limited
Income tax Appellate Tribunal
ITAT: Directs TPO to pass speaking order on risk-adjustment; Deletes adjustment qua outstanding-receivables
Aug 02, 2024
- In Favour of Both, Partially
- Citation Number : TS-324-ITAT-2024(DEL)-TP
- Tax Payer : Fare Portal India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Grants voluntary TP adjustment; Adopts interest on outstanding receivables at LIBOR+250 bps
Aug 01, 2024
- In Favour of Both, Partially
- Citation Number : TS-321-ITAT-2024(HYD)-TP
- Tax Payer : Macromill Research India LLP
Income tax Appellate Tribunal
ITAT: No precise working provided under CUP/Other Method for determining ALP, remits SDT-adjustment
Aug 01, 2024
- In Favour of Revenue
- Citation Number : TS-319-ITAT-2024(CTK)-TP
- Tax Payer : NCC-SMASL-JRT(JV)
Income tax Appellate Tribunal
ITAT: Rules on comparables; Benchmarks interest on delayed AE-receivables at LIBOR+250bps
Jul 31, 2024
- In Favour of Revenue
- Citation Number : TS-318-ITAT-2024(HYD)-TP
- Tax Payer : Capgemini Technology Services India Ltd (formerly known as IGATE Global Solutions Ltd)