Updates ( 9016 results )
HC: Foreign AE can be tested party; Dismisses Revenue’s appeal
- In Favour of Assessee
- Citation Number : TS-40-HC-2024(CAL)-TP
- Tax Payer : ITC Infotech India Ltd
HC: Dismisses Revenue's appeal against ITAT's confirmation of 0.5% guarantee commission
- In Favour of Assessee
- Citation Number : TS-41-HC-2024(CAL)-TP
- Tax Payer : Karam Chand Thapar & Bros. Coal Sales Limited
ITAT: Accepts foreign-AE as tested party, deletes other TP-adjustments; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-941-ITAT-2022(Kol)-TP
- Tax Payer : ITC Infotech India Ltd
ITAT: Remits TP-adjustment qua alleged interest receivable on AE-advance, follows earlier order
- In Favour of Assessee
- Citation Number : TS-38-ITAT-2024(DEL)-TP
- Tax Payer : BSC C&C Joint Venture
ITAT: Deletes TP-adjustments qua export commission, royalty payment; Follows earlier orders
- In Favour of Assessee
- Citation Number : TS-39-ITAT-2024(DEL)-TP
- Tax Payer : Honda Motorcycle & Scooter India Pvt Ltd
ITAT: Excludes comparables in SWD segment; Remits outstanding receivables adjustment; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-36-ITAT-2024(Bang)-TP
- Tax Payer : Infineon Technologies India Pvt Ltd
HC: Dismisses assessee’s appeal against ITAT order recalled on guarantee fee adjustment
- In Favour of None/NA
- Citation Number : TS-37-HC-2024(GUJ)-TP
- Tax Payer : Bosch Rexroth (India) Ltd
ITAT: Holds CIT(A) not empowered to restore matter back to AO u/s 251
- In Favour of Assessee
- Citation Number : TS-35-ITAT-2024(Mum)-TP
- Tax Payer : AJE India Pvt Ltd
ITAT: Rules on comparables in trading segment; Restricts ALP to AE transactions
- In Favour of Both, Partially
- Citation Number : TS-34-ITAT-2024(Bang)-TP
- Tax Payer : Yokogawa India Ltd
ITAT: Extends stay of Rs.1833.22 crores for 6 months; Follows Pepsi Foods, SAP Labs rulings
- In Favour of Assessee
- Citation Number : TS-31-ITAT-2024(Bang)-TP
- Tax Payer : Xiaomi Technology India Pvt. Ltd
ITAT: Deletes SDT-adjustment basis omission of Sec.92BA(i), follows precedent
- In Favour of Assessee
- Citation Number : TS-32-ITAT-2024(Mum)-TP
- Tax Payer : Infrastructure Leasing and Financial Services Limited
HC: Dismisses Revenue's appeal against ITAT order deleting AMP-adjustment qua Adidas India
- In Favour of Assessee
- Citation Number : TS-33-HC-2024(DEL)-TP
- Tax Payer : Adidas India Marketing Pvt Ltd
ITAT: Upholds revision order citing deviation in treatment of forex loss without reason
- In Favour of Revenue
- Citation Number : TS-28-ITAT-2024(HYD)-TP
- Tax Payer : Corteva Agriscience Services India Private Limited
ITAT: Applies corporate guarantee fee @ 0.5%; Accepts assessee's weighted average rate w.r.t loan-interest
- In Favour of Both, Partially
- Citation Number : TS-29-ITAT-2024(Mum)-TP
- Tax Payer : The Tata Power Co Ltd
ITAT: Excludes functionally-dissimilar Nihilent Ltd resulting in deletion of entire adjustment
- In Favour of Assessee
- Citation Number : TS-26-ITAT-2024(Mum)-TP
- Tax Payer : Ingram Micro India SSC Private Limited
ITAT: Character of loan, whether quasi-capital, to be seen at time of advancement
- In Favour of Both, Partially
- Citation Number : TS-27-ITAT-2024(Ahd)-TP
- Tax Payer : Intas Pharmaceuticals Ltd.
ITAT: Deletes TP-adjustment on account of corporate guarantee; Follows precedent
- In Favour of Assessee
- Citation Number : TS-1268-ITAT-2019(Kol)-TP
- Tax Payer : Hindusthan National Glass & Industries
ITAT: Allows Sec.80IA deduction qua sale of power, follows precedents
- In Favour of Assessee
- Citation Number : TS-21-ITAT-2024(RAI)-TP
- Tax Payer : Mahendra Sponge & Power Pvt Ltd
HC: Disposes of appeal against Tribunal’s order deleting corporate-guarantee adjustment; Follows precedent
- In Favour of Assessee
- Citation Number : TS-23-HC-2024(CAL)-TP
- Tax Payer : Hindusthan National Glass & Industries Limited
ITAT: Deletes interest on share application money pending allotment; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-20-ITAT-2024(Mum)-TP
- Tax Payer : Strides Pharma Science Ltd