Updates ( 9016 results )
ITAT: Holds TP adjustment qua outstanding receivables on loans as unsustainable for debt-free assessee
- In Favour of Assessee
- Citation Number : TS-548-ITAT-2024(CHNY)-TP
- Tax Payer : SAS Hotels & Enterprises Ltd
HC: Dismisses Revenue’s appeals on AMP adjustment, identical issue covered earlier
- In Favour of Assessee
- Citation Number : TS-549-HC-2024(DEL)-TP
- Tax Payer : Casio India Company Pvt Ltd
ITAT: Deletes TP-adjustment qua interest on outstanding receivable in case of debt free company-assessee
- In Favour of Assessee
- Citation Number : TS-542-ITAT-2024(DEL)-TP
- Tax Payer : Ramboll India Pvt Ltd
ITAT: Admits assessee’s additional evidence filed for purpose of establishing rendition of IGS; Remits issue
- In Favour of Assessee
- Citation Number : TS-543-ITAT-2024(DEL)-TP
- Tax Payer : Nefab India Pvt Ltd
ITAT: Deletes TP adjustment qua AMP expenses for HP India Sales; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-544-ITAT-2024(Bang)-TP
- Tax Payer : HP India Sales Private Ltd
ITAT: Considers Assessee eligible for Sec. 10AA deduction; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-545-ITAT-2024(Bang)-TP
- Tax Payer : EYGBS India Pvt Ltd
ITAT: Directs TPO to prepare fresh TP study in light of adjustment accepted under MAP resolution with US based AEs
- In Favour of Assessee
- Citation Number : TS-538-ITAT-2024(Bang)-TP
- Tax Payer : NI Systems India Pvt Ltd
ITAT: Sets-aside AO’s order holding Indian subsidiary as dependent agent PE; Remits matter, TPO to consider additional evidence
- In Favour of Assessee
- Citation Number : TS-539-ITAT-2024(Bang)-TP
- Tax Payer : QlikTech International AB C/o QlikTech India Pvt Ltd
ITAT: Remits downward adjustment made in respect of SDT of transfer of power; Follows precedent
- In Favour of Both, Partially
- Citation Number : TS-540-ITAT-2024(Kol)-TP
- Tax Payer : Orient Paper & Industries Limited
ITAT: Deletes TP-adjustment qua administrative support services; Includes/Excludes comparables for research, engineering support services
- In Favour of Both, Partially
- Citation Number : TS-541-ITAT-2024(DEL)-TP
- Tax Payer : Corteva Agriscience India Pvt Ltd
ITAT: Excludes comparables for ITeS-provider citing functional dissimilarity, etc; Adopts interest on receivables @LIBOR+200
- In Favour of Both, Partially
- Citation Number : TS-535-ITAT-2024(HYD)-TP
- Tax Payer : Macromill Research India LLP
ITAT: Holds CIT(TP) erred in invoking 263 jurisdiction w.r.t power-price for transactions with AE
- In Favour of Assessee
- Citation Number : TS-536-ITAT-2024(CHNY)-TP
- Tax Payer : K G Denim Limited
ITAT: Deletes TP addition qua IT fees on protective basis as settled under MAP resolution
- In Favour of Assessee
- Citation Number : TS-537-ITAT-2024(Bang)-TP
- Tax Payer : LM Wind Power Blades (India) Pvt. Ltd.
ITAT: Remits TP-adjustment qua corporate services; Assessee to substantiate rendition of services
- In Favour of Both, Partially
- Citation Number : TS-532-ITAT-2024(Bang)-TP
- Tax Payer : Bosch Automotive Electronics India Pvt. Ltd
ITAT: Deletes AMP adjustment for L’Oreal India; Follows earlier-order
- In Favour of Assessee
- Citation Number : TS-534-ITAT-2024(Mum)-TP
- Tax Payer : L’oreal India Pvt. Ltd
HC: Sets aside AO’s order, passed after ITAT's remand, without passing draft order u/s.144C
- In Favour of Assessee
- Citation Number : TS-533-HC-2024(P & H)-TP
- Tax Payer : Mavenir India pvt ltd
ITAT: Rejects recharacterization of CCDs as equity, holds assessee's 11% coupon rate at ALP
- In Favour of Assessee
- Citation Number : TS-531-ITAT-2024(CHNY)-TP
- Tax Payer : Stahl India Pvt Ltd
HC: Holds further proceedings u/s.153 time-barred, no order passed after ITAT's remand
- In Favour of Assessee
- Citation Number : TS-529-HC-2024(DEL)-TP
- Tax Payer : Huawei Telecommunications (India) Company Private Limited
HC: Sets aside DRP and AO’s orders; Directs TPO to consider APA resolution entered into by assessee
- In Favour of Assessee
- Citation Number : TS-530-HC-2024(DEL)-TP
- Tax Payer : Steelcase Asia Pacific Holdings India Private Limited
ITAT: Dismisses assessee’s appeal challenging comparable-selection, not granting of custom duty adjustment
- In Favour of Revenue
- Citation Number : TS-526-ITAT-2024(CHNY)-TP
- Tax Payer : Leitwind Shriram Manufacturing Ltd