Updates ( 8029 results )
ITAT: Dismisses appeals on software services, guarantees and loans; Follows earlier orders
Jun 24, 2024
- In Favour of Both, Partially
- Citation Number : TS-253-ITAT-2024(Mum)-TP
- Tax Payer : Tata Consultancy Services Ltd
ITAT: Directs 6% interest on receivables; Rules on comparables selection
Jun 19, 2024
- In Favour of Both, Partially
- Citation Number : TS-247-ITAT-2024(HYD)-TP
- Tax Payer : Clinasia Labs Private Limited
ITAT: Remits TP-adjustment qua interest on NCDs, TPO failed to consider DRP's directions
Jun 19, 2024
- In Favour of Assessee
- Citation Number : TS-248-ITAT-2024(DEL)-TP
- Tax Payer : Amplus Power Solutions P. Ltd
ITAT: Excludes comparables under EDS, IT and ITeS segments; Cites financial irregularities, high turnover etc
Jun 18, 2024
- In Favour of Assessee
- Citation Number : TS-245-ITAT-2024(CHNY)-TP
- Tax Payer : Caterpillar India Pvt Ltd
ITAT: Remits ground w.r.t exclusion of comparable noting no independent adjudication by DRP
Jun 18, 2024
- In Favour of Both, Partially
- Citation Number : TS-246-ITAT-2024(Bang)-TP
- Tax Payer : Embassy One Developers Pvt Ltd
ITAT: Includes comparables considered in TP study citing failure to explain functional dissimilarity
Jun 17, 2024
- In Favour of Revenue
- Citation Number : TS-244-ITAT-2024(HYD)-TP
- Tax Payer : Oakton Global Technology Services Centre (India) (P) Ltd
ITAT: Upholds deletion of AO's addition qua service-charges; Notes TPO's order accepting ALP
Jun 17, 2024
- In Favour of Assessee
- Citation Number : TS-243-ITAT-2024(DEL)-TP
- Tax Payer : Granada Services Pvt. Ltd
ITAT: Quashes TPO's order as barred by limitation by 1 day, follows precedents
Jun 14, 2024
- In Favour of Assessee
- Citation Number : TS-240-ITAT-2024(Ahd)-TP
- Tax Payer : Zydus Lifesciences Ltd. (Formerly Known as Cadila Healthcare Ltd.)
ITAT: Confirms AO’s order onTP-adjustment qua FOREX gain, engineering services
Jun 14, 2024
- In Favour of Revenue
- Citation Number : TS-242-ITAT-2024(DEL)-TP
- Tax Payer : Inabensa Bharat P. Ltd
ITAT: Confirms RPM as MAM for reseller selling goods without value addition
Jun 13, 2024
- In Favour of Assessee
- Citation Number : TS-237-ITAT-2024(DEL)-TP
- Tax Payer : D Light Energy P. Ltd
HC: Dismisses Revenue’s appeals on profit attribution; Follows principle of consistency
Jun 13, 2024
- In Favour of Assessee
- Citation Number : TS-238-HC-2024(DEL)-TP
- Tax Payer : Lummus Technology Heat Transfer BV
ITAT: Rectifies mistake, directs computation of interest on loan fund after considering LIBOR/EUROLIBOR
Jun 12, 2024
- In Favour of Revenue
- Citation Number : TS-233-ITAT-2024(Kol)-TP
- Tax Payer : Titagarh Wagon Ltd
ITAT: Restricts TP-adjustments only to international transactions; Rejects adjustments qua depreciation, custom duty
Jun 12, 2024
- In Favour of Both, Partially
- Citation Number : TS-234-ITAT-2024(CHNY)-TP
- Tax Payer : Daeseung Autoparts India Pvt. Ltd
ITAT: Holds Pfizer Healthcare's assessment as void, TP-proceedings barred by limitation
Jun 11, 2024
- In Favour of Assessee
- Citation Number : TS-231-ITAT-2024(CHNY)-TP
- Tax Payer : Pfizer Healthcare India Private Limited
ITAT: Deletes TP-adjustment w.r.t SDT; Admits additional evidence for transfer of steam
Jun 11, 2024
- In Favour of Both, Partially
- Citation Number : TS-232-ITAT-2024(Mum)-TP
- Tax Payer : Tata Chemicals Limited
ITAT: Quashes assessment order being barred by limitation u/s.144C(13)
Jun 10, 2024
- In Favour of Assessee
- Citation Number : TS-229-ITAT-2024(CHNY)-TP
- Tax Payer : Cognizant Technology Solutions India P. Ltd
ITAT: Upholds restriction of guarantee commission @0.2%, being proportionate rate for one FY
Jun 10, 2024
- In Favour of Assessee
- Citation Number : TS-230-ITAT-2024(Ahd)-TP
- Tax Payer : Astral Limited
ITAT: Deletes TP-adjustment qua brand building services; Follows earlier order
Jun 07, 2024
- In Favour of Assessee
- Citation Number : TS-226-ITAT-2024(CHNY)-TP
- Tax Payer : Hyundai Motor India Limited
ITAT: Remits adjustment for third-party transactions; Deletes TP-adjustment of interest for debt-free company
Jun 07, 2024
- In Favour of Both, Partially
- Citation Number : TS-227-ITAT-2024(DEL)-TP
- Tax Payer : MCKINSEY KNOWLEDGE CENTRE INDIA PVT. LTD
ITAT: Extended time-limit for completing non-resident assessment u/s.144C unavailable sans TPO-reference
Jun 06, 2024
- In Favour of Assessee
- Citation Number : TS-225-ITAT-2024(HYD)-TP
- Tax Payer : Syed Gulam Mohiuddin