Updates ( 7994 results )
ITAT: Dismisses Revenue’s appeal against CIT(A)’s deletion of TP adjustment qua corporate-guarantee; Cites low tax effect
Feb 07, 2025
- In Favour of Assessee
- Citation Number : TS-34-ITAT-2025(Mum)-TP
- Tax Payer : Blue Star Diamonds Pvt Ltd
ITAT: Fixes guarantee fee @0.53%; Leaves open functional classification of KPO v. software-developer
Feb 06, 2025
- In Favour of Assessee
- Citation Number : TS-30-ITAT-2025(HYD)-TP
- Tax Payer : CYIENT Ltd
ITAT: Upholds deletion of adjustment w.r.t documentation-charges; Assessee acted as agent of Principal-AE
Feb 06, 2025
- In Favour of Assessee
- Citation Number : TS-32-ITAT-2025(Mum)-TP
- Tax Payer : Wan HAI (Lines) Private Limited
HC: Disposes NDTV's appeal; AO to first examine whether 'obligation/undertaking' constitutes international transaction
Feb 06, 2025
- In Favour of Both, Partially
- Citation Number : TS-31-HC-2025(DEL)-TP
- Tax Payer : New Delhi Television Ltd
ITAT: TP-analysis by both Assessee & TPO faulty, remits TP-adjustment qua trading activity
Feb 04, 2025
- In Favour of Both, Partially
- Citation Number : TS-584-ITAT-2024(Bang)-TP
- Tax Payer : Kabelschlepp India Pvt Ltd
HC: Refuses to admit Revenue’s appeal against deletion of TP-adjustment w.r.t IGS
Feb 04, 2025
- In Favour of Assessee
- Citation Number : TS-585-HC-2024(DEL)-TP
- Tax Payer : AT And T Global Network Services (India) Pvt. Ltd
HC: Upholds ITAT’s decision holding interest on outstanding receivables as not international transaction
Feb 04, 2025
- In Favour of Assessee
- Citation Number : TS-586-HC-2024(DEL)-TP
- Tax Payer : At&T Communication Services India Pvt. Ltd
ITAT: Rules on TP-adjustment qua payments for technical services & regional support services
Jan 31, 2025
- In Favour of Both, Partially
- Citation Number : TS-27-ITAT-2025(HYD)-TP
- Tax Payer : KH Facility Solutions India Private Limited
HC: Order raising demand, without reference to mandatory requirement of Sec.144C, not 'draft order'
Jan 31, 2025
- In Favour of Assessee
- Citation Number : TS-583-HC-2024(MAD)-TP
- Tax Payer : Lason India Pvt. Ltd
ITAT: Holds SEB-rate as market price for inter-unit electricity supply, follows Jindal Steel SC-ruling
Jan 29, 2025
- In Favour of Assessee
- Citation Number : TS-580-ITAT-2024(DEL)-TP
- Tax Payer : ACB India Ltd
ITAT: Confirms CIT(A)’s deletion of Sec.271G penalty levied on diamond trader; Follows earlier order
Jan 29, 2025
- In Favour of Assessee
- Citation Number : TS-581-ITAT-2024(Mum)-TP
- Tax Payer : Kapu Gems LLP
ITAT: Rejects TPO’s entity level adjustment for seed testing, restricts to AE-transactions; Remits IGS adjustment
Jan 29, 2025
- In Favour of Both, Partially
- Citation Number : TS-582-ITAT-2024(HYD)-TP
- Tax Payer : Limagrain India Private Limited
ITAT: Excludes Infomile Technology over functional dissimilarity; Directs application of LIBOR + 300 basis points next year
Jan 28, 2025
- In Favour of Both, Partially
- Citation Number : TS-25-ITAT-2025(Bang)-TP
- Tax Payer : OSI Energy Automation India Private Ltd
ITAT: Follows earlier order, upholds deletion of adjustment qua inter-unit transfer of goods, etc
Jan 28, 2025
- In Favour of Assessee
- Citation Number : TS-24-ITAT-2025(DEL)-TP
- Tax Payer : Dharampal Satyapal Ltd
ITAT: Rejects DRP’s recharacterization of assessee’s activity as SWD service provider; Remits issue
Jan 28, 2025
- In Favour of Both, Partially
- Citation Number : TS-578-ITAT-2024(DEL)-TP
- Tax Payer : Software AG India Sales Private Limited
ITAT: Accepts additional evidence, remits TP-adjustment qua purchase of books
Jan 27, 2025
- In Favour of Both, Partially
- Citation Number : TS-22-ITAT-2025(DEL)-TP
- Tax Payer : Bloomsbury Publishing India Private Ltd
ITAT: Deletes TP-adjustments qua IGS, payment of sales margin; Applies rule of consistency
Jan 27, 2025
- In Favour of Both, Partially
- Citation Number : TS-23-ITAT-2025(Kol)-TP
- Tax Payer : TDK India Pvt Ltd
ITAT: Includes Satyam Venture as export sales included consolidated results of other subsidiaries
Jan 24, 2025
- In Favour of Assessee
- Citation Number : TS-19-ITAT-2025(Bang)-TP
- Tax Payer : Weir Minerals (India) Private Ltd
ITAT: Deletes TP-adjustment qua IGS made on basis of wrong premises & adhoc estimation
Jan 24, 2025
- In Favour of Assessee
- Citation Number : TS-20-ITAT-2025(Mum)-TP
- Tax Payer : Lanxess India Private Ltd.
ITAT: Holds penalty order passed in perfunctory manner, considers transactions recorded at ALP
Jan 24, 2025
- In Favour of Assessee
- Citation Number : TS-21-ITAT-2025(Ahd)-TP
- Tax Payer : Priya Blue Industries Pvt Ltd