Revenue submits, TOLA needs to be given purposive interpretation; Contends Allahabad HC ruling as per incuriam, concludes submission

HC: Admits Revenue’s appeal; Frames 4 substantial questions of law on outstanding-AE receivables, corporate-guarantee

• In Favour of None/NA
• Citation Number :TS-441-HC-2021(AP)-TP

ITAT Special Bench: Hears both parties on interpretation of "paid" under India-Cyprus DTAA, Directs submission of synopsis

SC lists Canon India SLP on Marketing-Intangibles issue for final hearing on Sept 28/29; Considers Maruti Suzuki as the lead case

SC: Directs no further adjournment in SAP-LABS case; Directs submission of final-questions by August 25

HC: Admits assessee’s appeal challenging restoration of TP-issue following Chryscapital over Pentair HC-ruling

• In Favour of Assessee
• Citation Number :TS-308-HC-2021(KAR)-TP

HC: Admits writ against assessment-order passed despite time-limit extension for approaching DRP

• In Favour of None/NA
• Citation Number :TS-296-HC-2021(DEL)-TP

Delhi HC grants Concentrix ratio benefit to Nestle; Invokes MFN for Indo-Swiss DTAA

HC: Stays Rs-2541-crore income-enhancement; Opportunity not given to defend taxability of profitable-business' demerger to AE

• In Favour of Assessee
• Citation Number :TS-219-HC-2021(DEL)-TP

HC: Admits Google's writ, stays assessment order w.r.t Rs 1400 cr TP adjustment prima-facie contrary to DRP directions/APA

HC: Admits Nike India’s TP appeal, frames 4 substantial questions of law w.r.t expense reimbursement

HC: Grants interim relief to Piramal-Enterprises w.r.t draft assessment-order passed under faceless-assessment-scheme

• In Favour of None/NA
• Citation Number :TS-202-HC-2021(BOM)-TP

HC: To hear Revenue's appeal on selection of "exact-comparables" vs "similar-comparables" under TNMM in June-2021

HC: Admits Revenue’s appeal on comparables-selection, relationship between brand-value and profit-margin and working-capital adjustment

• In Favour of None/NA
• Citation Number :TS-199-HC-2021(KAR)-TP

HC: Lists Revenue’s appeal w.r.t AMP adjustment, comparable-selection for hearing in June 2021

• In Favour of None/NA
• Citation Number :TS-195-HC-2021(KAR)-TP

HC: Stays assessment involving determination of deemed-international-transaction for business-sale pursuant to global-arrangement

• In Favour of Both, Partially
• Citation Number :TS-190-HC-2021(MAD)-TP

SC: Issues notice to Vedanta qua Madras HC ruling affirming prospective applicability of Sec.144C

• In Favour of Both, Partially
• Citation Number :TS-187-SC-2021-TP

SC: Directs categorization of issues in Softbrands case, lists hearing for August 2021

HC: Lists FAB India TP-matter for July 20; ALP-determination of past trademark purchase pending

• In Favour of Assessee
• Citation Number :TS-147-HC-2021(DEL)-TP

HC: Allows Deloitte Consulting India to withdraw appeal given settlement under VsV Act

• In Favour of Both, Partially
• Citation Number :TS-116-HC-2021(BOM)-TP