Updates ( 8029 results )
ITAT: Deletes TP adjustment qua payment of guarantee fees; Applies rule of consistency
Jul 22, 2024
- In Favour of Assessee
- Citation Number : TS-301-ITAT-2024(Ahd)-TP
- Tax Payer : Bosch Rexroth (India) Ltd
ITAT: Excludes 2 comparables failing turnover filter, remits 3 for verification in SWD segment
Jul 22, 2024
- In Favour of Both, Partially
- Citation Number : TS-302-ITAT-2024(Bang)-TP
- Tax Payer : Ribbon Communications Private Limited
ITAT: Electronic products different from electrical ones, directs consideration of comparables dealing in former
Jul 19, 2024
- In Favour of Assessee
- Citation Number : TS-297-ITAT-2024(Mum)-TP
- Tax Payer : Advance Power Display Systems Ltd
ITAT: Characterizes assessee as captive SWD-service provider; Excludes comparables citing high-turnover
Jul 19, 2024
- In Favour of Assessee
- Citation Number : TS-298-ITAT-2024(Bang)-TP
- Tax Payer : Awave Semiconductor India Pvt Ltd
ITAT: Sets aside TPO’s order and final assessment order as time-barred; Follows precedents
Jul 19, 2024
- In Favour of Assessee
- Citation Number : TS-299-ITAT-2024(Mum)-TP
- Tax Payer : Capgemini Technology Services India Limited
ITAT: Strikes down AO’s order passed on non-existent company in amalgamation; Follows precedents
Jul 18, 2024
- In Favour of Assessee
- Citation Number : TS-293-ITAT-2024(HYD)-TP
- Tax Payer : Erstwhile Amalgamating Company Sitapuram Power Limited
ITAT: Excludes comparables basis functional dissimilarity, business segmentation
Jul 18, 2024
- In Favour of Assessee
- Citation Number : TS-295-ITAT-2024(CHNY)-TP
- Tax Payer : Sangsin Brakes India Private Limited
ITAT: Directs grant of suitable volume & marketing cost adjustment for Deutsche Equities India
Jul 18, 2024
- In Favour of Both, Partially
- Citation Number : TS-296-ITAT-2024(Mum)-TP
- Tax Payer : Deutsche Equities India Private Limited
ITAT: Rejects NIL ALP for consulting charges basis evidence; Rules on guarantee, IGS
Jul 18, 2024
- In Favour of Both, Partially
- Citation Number : TS-756-ITAT-2023(Ahd)-TP
- Tax Payer : Bosch Rexroth India Ltd
ITAT: Dismisses TP grounds settled by APA agreements as not pressed
Jul 17, 2024
- In Favour of None/NA
- Citation Number : TS-289-ITAT-2024(Bang)-TP
- Tax Payer : Goldman Sachs Services Pvt Ltd
ITAT: Deletes TP adjustment made in respect of corporate guarantee; Follows earlier order
Jul 17, 2024
- In Favour of Assessee
- Citation Number : TS-290-ITAT-2024(Mum)-TP
- Tax Payer : Afcons Infrastructure Ltd
ITAT: Negatives TPO's reliance on US/European loan data for benchmarking interest charged to Bahrain-AE
Jul 17, 2024
- In Favour of Assessee
- Citation Number : TS-292-ITAT-2024(Ahd)-TP
- Tax Payer : Elitecore Technologies Pvt Ltd
ITAT: S.144C(1) amendment effective from 01.10.2009; Quashes final order passed sans draft order
Jul 16, 2024
- In Favour of Assessee
- Citation Number : TS-287-ITAT-2024(DEL)-TP
- Tax Payer : ADM Agro Industries Kota & Akola P. Ltd
ITAT: Grants Xiaomi stay on demand of Rs.1995Cr & Rs.1736Cr; Rejects 'blanket stay' plea
Jul 16, 2024
- In Favour of Both, Partially
- Citation Number : TS-288-ITAT-2024(Bang)-TP
- Tax Payer : Xiaomi Technology India Pvt. Ltd
ITAT: Remits benchmarking AE-receivables citing failure to comply with DRP-direction of netting-off receivables
Jul 15, 2024
- In Favour of Assessee
- Citation Number : TS-284-ITAT-2024(DEL)-TP
- Tax Payer : Stryker India Pvt Ltd
ITAT: Deletes downward adjustment qua management service charges; Follows earlier order
Jul 15, 2024
- In Favour of Assessee
- Citation Number : TS-282-ITAT-2024(CHNY)-TP
- Tax Payer : AVO Carbon India Pvt Ltd
ITAT: Directs AO to follow earlier order while recomputing shared-services / IGS adjustment
Jul 15, 2024
- In Favour of Assessee
- Citation Number : TS-283-ITAT-2024(CHNY)-TP
- Tax Payer : Cook India Medical Devices Private Limited
ITAT: Refuses to interfere with CIT(A)’s finding on TP-adjustment qua outstanding receivables
Jul 12, 2024
- In Favour of Assessee
- Citation Number : TS-279-ITAT-2024(DEL)-TP
- Tax Payer : Knowledge Infrastructure Systems Pvt. Ltd
ITAT: Directs charging interest on loan @LIBOR+300 points, corporate guarantee commission @0.5%
Jul 12, 2024
- In Favour of Assessee
- Citation Number : TS-280-ITAT-2024(DEL)-TP
- Tax Payer : Maharashtra Seamless Ltd
ITAT: Statute defines no limitation for passing draft assessment order, upholds validity thereof
Jul 12, 2024
- In Favour of Both, Partially
- Citation Number : TS-278-ITAT-2024(Bang)-TP
- Tax Payer : InMobi Technology Services Pvt Ltd