Updates ( 8015 results )
ITAT: Holds assessment-order unsustainable as being time-barred; Follows NDTV HC-ruling
Sep 13, 2024
- In Favour of Assessee
- Citation Number : TS-402-ITAT-2024(Bang)-TP
- Tax Payer : IHS Global Private Limited
HC: Dismisses Revenue’s appeal against comparables-selection in case of ST MicroElectronics
Sep 13, 2024
- In Favour of Assessee
- Citation Number : TS-403-HC-2024(DEL)-TP
- Tax Payer : ST Micro Electronics Pvt Ltd
ITAT: Quashes final assessment order as TPO/DRP’s directions not complied with
Sep 12, 2024
- In Favour of Assessee
- Citation Number : TS-399-ITAT-2024(DEL)-TP
- Tax Payer : Comparex India P Ltd
ITAT: Rules on adjustments qua manufacturing/trading segments, disallowing payment to headquarters impermissible
Sep 12, 2024
- In Favour of Both, Partially
- Citation Number : TS-400-ITAT-2024(Bang)-TP
- Tax Payer : Emersion Automation Solutios Intelligent Platforms Private Limited
ITAT: Grants conditional stay of demand to Nestle India, notes recurring TP-dispute qua royalty
Sep 11, 2024
- In Favour of Both, Partially
- Citation Number : TS-395-ITAT-2024(DEL)-TP
- Tax Payer : Nestle India Ltd
ITAT: Rules on comparables w.r.t sale of mobiles, providing SWD-services for Nokia India
Sep 11, 2024
- In Favour of Both, Partially
- Citation Number : TS-396-ITAT-2024(DEL)-TP
- Tax Payer : Nokia India Private Limited
ITAT: Excludes comparables failing upper turnover filter and functionally dissimilar; Remits working capital adjustment
Sep 11, 2024
- In Favour of Both, Partially
- Citation Number : TS-397-ITAT-2024(Bang)-TP
- Tax Payer : Continental Automotive Components India Pvt Ltd
HC: Dismisses Revenue’s appeals on deletion of AMP adjustment, follows Maruti Suzuki, Sony Ericsson
Sep 10, 2024
- In Favour of Assessee
- Citation Number : TS-394-HC-2024(DEL)-TP
- Tax Payer : Pernod Ricard India Pvt Ltd
ITAT: CIT(A)'s 'dual approach', in partly allowing Sec.80-IA claim qua power transfer, unjustified
Sep 10, 2024
- In Favour of Both, Partially
- Citation Number : TS-392-ITAT-2024(Kol)-TP
- Tax Payer : Shyam Sel & Power Ltd
ITAT: Partly allows Assessee’s MPs on correcting typo errors and outstanding receivables
Sep 10, 2024
- In Favour of Both, Partially
- Citation Number : TS-393-ITAT-2024(Bang)-TP
- Tax Payer : Inmobi Technologies Pvt Ltd
ITAT: Remits TP adjustment qua interest on delayed trade receivables
Sep 09, 2024
- In Favour of Assessee
- Citation Number : TS-390-ITAT-2024(Bang)-TP
- Tax Payer : International Aerospace Manufacturing Private Ltd
ITAT: Discards TPO/CIT(A)’s rejection of Assessee’s TP documentation; Remits TP customs duty adjustment
Sep 09, 2024
- In Favour of Both, Partially
- Citation Number : TS-391-ITAT-2024(CHNY)-TP
- Tax Payer : Hwashin Automotive India Private Limited
ITAT: Allows Assessee’s MA; Modifies earlier-order by directing exclusion of GTN Engineering
Sep 06, 2024
- In Favour of Assessee
- Citation Number : TS-388-ITAT-2024(Ahd)-TP
- Tax Payer : Weatherford Drilling & Production Services (India) Pvt Ltd
ITAT: Excludes comparables functionally-dissimilar to Assessee purely engaged in trading
Sep 06, 2024
- In Favour of Both, Partially
- Citation Number : TS-389-ITAT-2024(HYD)-TP
- Tax Payer : DASAN India Private Limited
ITAT: Dismisses Revenue’s plea; Confirms CIT(A)’s grant of working capital adjustment
Sep 05, 2024
- In Favour of Assessee
- Citation Number : TS-386-ITAT-2024(CHNY)-TP
- Tax Payer : JKM Ferrotech Limited
HC: Quashes reassessment proceedings for Honda Cars India, considers all transactions found at ALP
Sep 05, 2024
- In Favour of Assessee
- Citation Number : TS-385-HC-2024(DEL)-TP
- Tax Payer : Honda Cars India Ltd (Formerly known as Honda Siel Cars India Ltd)
ITAT: Allows Assessee’s MP on non-adjudication of interest on receivables; Applies LIBOR
Sep 04, 2024
- In Favour of Assessee
- Citation Number : TS-381-ITAT-2024(Bang)-TP
- Tax Payer : Infineon Technologies India Ltd
HC: Upholds exclusion of comparables concerned with KPO activities; Dismisses Revenue’s appeal
Sep 04, 2024
- In Favour of Assessee
- Citation Number : TS-382-HC-2024(DEL)-TP
- Tax Payer : SBI Business Process Management Services Pvt Ltd
HC: Modifies ITAT-order w.r.t interest on receivables; Directs TPO to follow Kusum-Healthcare ruling
Sep 03, 2024
- In Favour of Both, Partially
- Citation Number : TS-379-HC-2024(ALL)-TP
- Tax Payer : Phoenix Lamps Ltd
HC: Dismisses Revenue's appeal qua DAPE, notes Indian-subsidiary compensated at arm's length
Sep 03, 2024
- In Favour of Assessee
- Citation Number : TS-380-HC-2024(DEL)-TP
- Tax Payer : Krones Aktiengesellschaft