Updates ( 8878 results )

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HC: Dismisses Revenue’s appeal challenging AMP-adjustment deletion in case of Sony India

Jan 17, 2024
  • In Favour of Assessee
  • Citation Number : TS-742-HC-2023(DEL)-TP
  • Tax Payer : Sony India Pvt Ltd

ITAT: Quashes TPO’s time-barred order, final assessment order; Follows earlier AY

Jan 16, 2024
  • In Favour of Assessee
  • Citation Number : TS-02-ITAT-2024(Mum)-TP
  • Tax Payer : Atos India P Ltd

ITAT: Assessee’s margins within tolerance limit of +/-5% in ITeS/IT segments; Deletes TP-adjustments

Jan 16, 2024
  • In Favour of Assessee
  • Citation Number : TS-07-ITAT-2024(Mum)-TP
  • Tax Payer : Excult Client Services I P Ltd

ITAT: Rules on TP-adjustments qua bareboat charter, negative lien; Follows earlier orders

Jan 12, 2024
  • In Favour of Assessee
  • Citation Number : TS-06-ITAT-2024(Mum)-TP
  • Tax Payer : Essar Shipping Limited

ITAT: Quashes time-barred assessment-order upon examining delivery date of DRP's directions

Jan 12, 2024
  • In Favour of Assessee
  • Citation Number : TS-05-ITAT-2024(Mum)-TP
  • Tax Payer : Lubrizol Advanced Materials India Private Limited

ITAT: Remits selection of comparables as per correct market segment; Follows earlier-order

Jan 11, 2024
  • In Favour of Assessee
  • Citation Number : TS-03-ITAT-2024(DEL)-TP
  • Tax Payer : American Express Services India Ltd

HC: Quashes assessment order passed unaware of objections filed before DRP

Jan 11, 2024
  • In Favour of Assessee
  • Citation Number : TS-04-HC-2024(MAD)-TP
  • Tax Payer : PAR Formulations Private Limited

ITAT: Refuses to interfere with PCIT's order directing AO to make TPO-reference

Jan 10, 2024
  • In Favour of None/NA
  • Citation Number : TS-739-ITAT-2023(DEL)-TP
  • Tax Payer : Richa & Co

ITAT: Deletes TP-adjustment for power sold by CPPs to manufacturing units; Follows earlier order

Jan 10, 2024
  • In Favour of Assessee
  • Citation Number : TS-740-ITAT-2023(Kol)-TP
  • Tax Payer : Rungta Mines Ltd

ITAT: Rejects TPO’s additional lower-turnover filter which resulted in cherrypicking comparables

Jan 09, 2024
  • In Favour of Assessee
  • Citation Number : TS-737-ITAT-2023(Mum)-TP
  • Tax Payer : DNV Business Assurance India Private Limited

ITAT: Upholds ALP for captive power units at SEB purchase rate, Follows precedents

Jan 09, 2024
  • In Favour of Assessee
  • Citation Number : TS-738-ITAT-2023(Kol)-TP
  • Tax Payer : Rungta Mines Ltd

HC: Dismisses Revenue’s appeal against ITAT’s BLT-rejection in RayBan's case

Jan 08, 2024
  • In Favour of Assessee
  • Citation Number : TS-736-HC-2023(DEL)-TP
  • Tax Payer : RayBan Sun Optics India Ltd

ITAT: Deletes TP-adjustment qua commission on SBLC, notes no cost borne by assessee

Jan 08, 2024
  • In Favour of Assessee
  • Citation Number : TS-01-ITAT-2024(DEL)-TP
  • Tax Payer : Bhartiya International Ltd

ITAT: Quashes draft assessment-order passed with demand, penalty notices; Cites Sec.144C violation

Jan 05, 2024
  • In Favour of Assessee
  • Citation Number : TS-733-ITAT-2023(Mum)-TP
  • Tax Payer : Teleperformance Global Services Private Limited

ITAT: Holds CIT(A) not empowered u/s 251 to dismiss appeal for non-prosecution

Jan 05, 2024
  • In Favour of Assessee
  • Citation Number : TS-735-ITAT-2023(DEL)-TP
  • Tax Payer : DSI – Bridgecon India Private Limited

ITAT: Cannot view interest-free loans without considering benefit derived by assessee

Jan 04, 2024
  • In Favour of Assessee
  • Citation Number : TS-732-ITAT-2023(Ahd)-TP
  • Tax Payer : Rubamim Limited

ITAT: Excludes comparables failing upper turnover filter; Remits working capital adjustment

Jan 03, 2024
  • In Favour of Both, Partially
  • Citation Number : TS-728-ITAT-2023(Bang)-TP
  • Tax Payer : Workplace Options India Pvt Ltd

ITAT: Rules on expenses allocation, comparables; Holds service tax refund as operating

Jan 03, 2024
  • In Favour of Both, Partially
  • Citation Number : TS-730-ITAT-2023(Bang)-TP
  • Tax Payer : MetricStream Infotech (India) Pvt Ltd

HC: Disposes of assessee’s appeal as withdrawn against Tribunal’s order

Jan 03, 2024
  • In Favour of None/NA
  • Citation Number : TS-731-HC-2023(KAR)-TP
  • Tax Payer : VMware Software India Pvt Ltd

ITAT: Upholds royalty as operating cost, benchmarking under TNMM; Follows earlier order

Jan 01, 2024
  • In Favour of Assessee
  • Citation Number : TS-726-ITAT-2023(Bang)-TP
  • Tax Payer : Toyota Kirloskar Motors Pvt Ltd