Updates ( 9016 results )
ITAT: Deletes TP-adjustment qua technical know-how fees; Holds forex gain as operating in nature
- In Favour of Both, Partially
- Citation Number : TS-141-ITAT-2024(Mum)-TP
- Tax Payer : UPS Express P Ltd
ITAT: Distinguishes LOC from bank guarantee basis obligations, risks; Upholds TP-adjustment on LOC
- In Favour of Both, Partially
- Citation Number : TS-142-ITAT-2024(Ahd)-TP
- Tax Payer : Axis Bank Limited
ITAT: Follows earlier order adopting LIBOR for loan-interest, directs AO to recompute ALP
- In Favour of Both, Partially
- Citation Number : TS-139-ITAT-2024(Kol)-TP
- Tax Payer : GE Healthcare Finland Oy
HC: No assessment order framed after TPO's order; Directs Revenue to examine refund claim
- In Favour of Assessee
- Citation Number : TS-140-HC-2024(DEL)-TP
- Tax Payer : Evalueserve.com Pvt Ltd
HC: Confirms ITAT’s deletion of TP adjustment qua IGS; Dismisses Revenue’s appeal
- In Favour of Assessee
- Citation Number : TS-136-HC-2024(DEL)-TP
- Tax Payer : A T Kearney Limited
HC: Upholds ITAT's exclusion of L&T, Wipro & Zylog citing functional dissimilarity, etc
- In Favour of Assessee
- Citation Number : TS-135-HC-2024(DEL)-TP
- Tax Payer : Fiserv India Pvt Ltd
HC: Dismisses Revenue’s appeal on exclusion of certain comparables
- In Favour of Assessee
- Citation Number : TS-133-HC-2024(DEL)-TP
- Tax Payer : Nokia Seimens Networks India P Ltd
HC: Dismisses Revenue's appeal against comparables' selection, considers findings qua geographical location/industry
- In Favour of Assessee
- Citation Number : TS-134-HC-2024(DEL)-TP
- Tax Payer : Tupperware India Pvt. Ltd.
ITAT: Remits SWD adjustment for de novo examination for Microsoft Global Services
- In Favour of Both, Partially
- Citation Number : TS-129-ITAT-2024(HYD)-TP
- Tax Payer : Microsoft Global Services Centre (India) Private Limited
ITAT: Accepts TNMM over CUP for export transaction; Remits TP-adjustment qua IGS
- In Favour of Both, Partially
- Citation Number : TS-130-ITAT-2024(Mum)-TP
- Tax Payer : Lanxess India Private Ltd.
HC: Disposes of Revenue's appeal; Considers mean margin computation, notes no adverse tax-impact
- In Favour of None/NA
- Citation Number : TS-127-HC-2024(DEL)-TP
- Tax Payer : Techbooks Electronics Services Pvt Ltd
ITAT: Quashes assessment-order passed in non-existent entity's name as void ab initio
- In Favour of Assessee
- Citation Number : TS-128-ITAT-2024(DEL)-TP
- Tax Payer : Boeing India Pvt Ltd
ITAT: Holds EURIBOR to be at ALP for AE-loan; Deletes TP-adjustment
- In Favour of None/NA
- Citation Number : TS-124-ITAT-2024(DEL)-TP
- Tax Payer : Motherson Sumi Systems Ltd
ITAT: Admits additional evidence considering co-ordinate bench observations for earlier AYs
- In Favour of Both, Partially
- Citation Number : TS-125-ITAT-2024(Mum)-TP
- Tax Payer : Servier India Private Limited
HC: Quashes final assessment order, demand/penalty notices pending DRP reference
- In Favour of Assessee
- Citation Number : TS-121-HC-2024(BOM)-TP
- Tax Payer : APM Terminals India Private Limited
HC: Dismisses application for condonation of delay; Rejects appeal against foreign-AE selected as tested-party
- In Favour of Assessee
- Citation Number : TS-122-HC-2024(CAL)-TP
- Tax Payer : TCG Digital Solutions (P) Ltd
ITAT: Upholds assessee's 'other method' over TNMM for benchmarking purchase of traded goods
- In Favour of Assessee
- Citation Number : TS-119-ITAT-2024(DEL)-TP
- Tax Payer : Golden Agri Resources (India) Pvt Ltd
ITAT: Rejects NIL-ALP of IGS, notes TPO/DRP rendered contradictory observations
- In Favour of Assessee
- Citation Number : TS-120-ITAT-2024(DEL)-TP
- Tax Payer : Intertek India Pvt Ltd
ITAT: Rules on comparables under contract software development segment, remits interest on receivables
- In Favour of Both, Partially
- Citation Number : TS-117-ITAT-2024(DEL)-TP
- Tax Payer : Nokia Solutions and Networks India Pvt Ltd
HC: Dismisses Revenue’s appeal against ITAT-order qua royalty, share valuation for Dabur India
- In Favour of Assessee
- Citation Number : TS-116-HC-2024(DEL)-TP
- Tax Payer : Dabur India Ltd