Updates ( 8030 results )
HC: Quashes assessment-order passed while assessee’s objections were pending before DRP
May 10, 2024
- In Favour of Assessee
- Citation Number : TS-182-HC-2024(MAD)-TP
- Tax Payer : Multicoreware India P. Ltd
ITAT: Remits working capital adjustment for fresh consideration; Follows Huawei Technologies’ ruling
May 09, 2024
- In Favour of Assessee
- Citation Number : TS-180-ITAT-2024(Bang)-TP
- Tax Payer : Linege Power Pvt Ltd
HC: Absent substantial question of law, upholds exclusion of comparables citing functional-dissimilarity etc
May 09, 2024
- In Favour of Assessee
- Citation Number : TS-179-HC-2024(DEL)-TP
- Tax Payer : EDS Electronics Data System India Pvt Ltd
ITAT: Filing second MA against order passed in earlier MA not permissible u/s.254(2)
May 08, 2024
- In Favour of Assessee
- Citation Number : TS-177-ITAT-2024(Bang)-TP
- Tax Payer : Astra Zeneca Pharma India Ltd
ITAT: Assessee failed to object to draft order before DRP, final order u/s.144C not appealable
May 08, 2024
- In Favour of Revenue
- Citation Number : TS-178-ITAT-2024(HYD)-TP
- Tax Payer : Skybridge Solutions Private Limited
ITAT: Upholds CUP for management consultancy services; Deletes license fee, IT cost-allocation adjustments
May 07, 2024
- In Favour of Assessee
- Citation Number : TS-175-ITAT-2024(Mum)-TP
- Tax Payer : The Boston Consulting Group (India) Pvt Ltd
ITAT: Dismisses assessee’s TP-related appeal as not pressed due to settlement by APA
May 07, 2024
- In Favour of Revenue
- Citation Number : TS-174-ITAT-2024(Bang)-TP
- Tax Payer : Goldman Sachs Services Pvt Ltd
ITAT: Applies guarantee commission @0.6% instead of 0.2%, follows order for latest AY
May 06, 2024
- In Favour of Both, Partially
- Citation Number : TS-173-ITAT-2024(Mum)-TP
- Tax Payer : KEC International Ltd
ITAT: Quashes time-barred TPO’s order, subsequent draft and final assessment orders; Follows precedents
May 06, 2024
- In Favour of Assessee
- Citation Number : TS-172-ITAT-2024(Mum)-TP
- Tax Payer : Siemens Technology Services Pvt Ltd
ITAT: Upholds confirmation of TP-adjustment qua corporate guarantee, refers to Redington ruling
May 02, 2024
- In Favour of Revenue
- Citation Number : TS-167-ITAT-2024(Ahd)-TP
- Tax Payer : Sun Pharmaceutical Industries Ltd
HC: Sets aside assessment order passed without affording adequate hearing opportunity
May 02, 2024
- In Favour of Assessee
- Citation Number : TS-168-HC-2024(MAD)-TP
- Tax Payer : Sutherland Global Services Private Limited
ITAT: Directs assessee to not take adjournment until hearing of main appeal on PCIT jurisdiction
Apr 30, 2024
- In Favour of Assessee
- Citation Number : TS-166-ITAT-2024(DEL)-TP
- Tax Payer : Idemia Syscom India Pvt Ltd
HC: Quashes assessment order, non-passing of draft order after remand a jurisdictional error
Apr 30, 2024
- In Favour of Assessee
- Citation Number : TS-165-HC-2024(BOM)-TP
- Tax Payer : ExxonMobil Company India Private Limited
HC: Upholds ITAT’s affirmation of assessee's TNMM/CUP for benchmarking export/import transactions
Apr 30, 2024
- In Favour of Assessee
- Citation Number : TS-164-HC-2024(BOM)-TP
- Tax Payer : Phoenix Comtrade Private Limited
HC: Sets aside final assessment order, demand notice, directs DRP to consider assessee’s objections
Apr 29, 2024
- In Favour of Assessee
- Citation Number : TS-163-HC-2024(KAR)-TP
- Tax Payer : Altair Engineering India Pvt Ltd
HC: Disposes Writ Petition; Penalty proceedings initiated u/s.270A dropped by lower authority
Apr 29, 2024
- In Favour of Assessee
- Citation Number : TS-162-HC-2024(TEL)-TP
- Tax Payer : Optum Global Solutions India Private Limited
ITAT: Refuses to disturb assessee's 'headcount' basis cost-allocation key accepted by TPO
Apr 26, 2024
- In Favour of Assessee
- Citation Number : TS-160-ITAT-2024(DEL)-TP
- Tax Payer : Genpact Services LLC
ITAT: Remits ALP determination after considering volume discount, geography adjustments; Follows earlier order
Apr 26, 2024
- In Favour of Both, Partially
- Citation Number : TS-161-ITAT-2024(Ahd)-TP
- Tax Payer : Atul Limited
ITAT: Quashes final assessment orders passed beyond prescribed time limit u/s.144C(13)
Apr 25, 2024
- In Favour of Assessee
- Citation Number : TS-159-ITAT-2024(CHNY)-TP
- Tax Payer : Renault India P Ltd
ITAT: Non-consideration of jurisdictional HC decision not ‘mistake’; Dismisses MA for rectification of order
Apr 25, 2024
- In Favour of Assessee
- Citation Number : TS-158-ITAT-2024(Mum)-TP
- Tax Payer : Truetzschler India Pvt Ltd