Updates ( 9016 results )
HC: Allows assessee's appeal; Excludes TCS E-Serve, Infosys from list of comparables
- In Favour of Assessee
- Citation Number : TS-453-HC-2024(DEL)-TP
- Tax Payer : Cadence Design Systems India Pvt Ltd
HC: Dismisses Revenue's appeal, no material difference in facts of earlier AY qua TP-adjustment
- In Favour of Assessee
- Citation Number : TS-450-HC-2024(DEL)-TP
- Tax Payer : Esys Information Technologies Ltd
ITAT: Allows bifurcation of manufacturing and trading segments; Follows Assessee's earlier order
- In Favour of Assessee
- Citation Number : TS-449-ITAT-2024(CHNY)-TP
- Tax Payer : Triumph International (India) Pvt Ltd
HC: Disposes Revenue’s appeal w.r.t treatment of foreign-AE as tested party
- In Favour of Assessee
- Citation Number : TS-448-HC-2024(DEL)-TP
- Tax Payer : Esys Information Technologies Ltd
ITAT: Rules on comparables' selection, treats forex gain as operating, remits depreciation adjustment
- In Favour of Both, Partially
- Citation Number : TS-447-ITAT-2024(DEL)-TP
- Tax Payer : Yutaka Autoparts India Pvt Ltd
HC: No question of law arises on disallowance for royalty paid; Upholds ITAT’s order
- In Favour of Assessee
- Citation Number : TS-445-HC-2024(DEL)-TP
- Tax Payer : Sony India Pvt. Ltd
ITAT: Sets aside order confirming Sec.271G-penalty, directs CIT(A) to pass speaking order
- In Favour of Both, Partially
- Citation Number : TS-442-ITAT-2024(DEL)-TP
- Tax Payer : Assotech Moonshine Urban Developers Pvt Ltd
ITAT: Remits royalty adjustment qua non-UK AE, follows earlier order w.r.t non-application of UK-MAP
- In Favour of Both, Partially
- Citation Number : TS-443-ITAT-2024(DEL)-TP
- Tax Payer : JCB India Ltd
ITAT: No separate benchmarking required for royalty payment, follows earlier order
- In Favour of Assessee
- Citation Number : TS-440-ITAT-2024(Bang)-TP
- Tax Payer : Toyota Kirloskar Motors Pvt Ltd
ITAT: Grants conditional stay, notes TP-adjustment made to entire turnover in construction-equipment segment
- In Favour of Assessee
- Citation Number : TS-441-ITAT-2024(Bang)-TP
- Tax Payer : Volvo CE India Pvt. Ltd
ITAT: Deletes TP-adjustment qua IT consultancy charges, guarantee fee; Follows earlier orders
- In Favour of Assessee
- Citation Number : TS-438-ITAT-2024(Ahd)-TP
- Tax Payer : Hagglunds Drives (India) Pvt Ltd
ITAT: Excludes comparables on failing upper turnover filter; Follows earlier order
- In Favour of Both, Partially
- Citation Number : TS-439-ITAT-2024(Bang)-TP
- Tax Payer : Marvell India Pvt Ltd
ITAT: Grants stay to Xiaomi Technology on outstanding demand for 180 days
- In Favour of Assessee
- Citation Number : TS-436-ITAT-2024(Bang)-TP
- Tax Payer : Xiaomi Technology India Pvt. Ltd
ITAT: Confirms TPO's 1% guarantee-commission, rejects assessee's plea for restricting adjustment to 0.5%
- In Favour of Assessee
- Citation Number : TS-435-ITAT-2024(Bang)-TP
- Tax Payer : DTDC Express Ltd
ITAT: Deletes interest on share-application money, delay in allotment not assessee's fault
- In Favour of Assessee
- Citation Number : TS-433-ITAT-2024(Mum)-TP
- Tax Payer : Aries Agro Ltd
ITAT: Holds turnover as relevant criteria for comparable-selection; Accepts interest on receivables @LIBOR+200
- In Favour of Both, Partially
- Citation Number : TS-434-ITAT-2024(HYD)-TP
- Tax Payer : OSI Systems Pvt Ltd
ITAT: Finds CIT(A)'s observations qua TP-issues unnecessary, allows management fee deduction u/s.37
- In Favour of Assessee
- Citation Number : TS-431-ITAT-2024(CHNY)-TP
- Tax Payer : SPi Technologies India Private Ltd
ITAT: Restricts corporate guarantee fee to 0.5%; Follows catena of rulings
- In Favour of Assessee
- Citation Number : TS-432-ITAT-2024(Mum)-TP
- Tax Payer : Tata Projects Limited
ITAT: Directs AO to apply LIBOR+200 points for benchmarking interest on receivables; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-427-ITAT-2024(HYD)-TP
- Tax Payer : ADP Private Limited
ITAT: Deletes TP-adjustment qua interest on receivables, notes assessee's margin higher than comparables
- In Favour of Both, Partially
- Citation Number : TS-428-ITAT-2024(DEL)-TP
- Tax Payer : GKN Driveline India Ltd