Delhi HC upholds Transactional Net Margin Method as Appropriate Method for Calculating Arm's Length Price Over TPO's Alternative Method [Read Order]
In a recent ruling, the Delhi High Court upheld the use of the Transactional Net Margin Method ( TNMM ) as the appropriate approach for calculating...
![Curable Defect in Form 35A: ITAT Sets Aside DRP Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-ITAT-Ahmedabad-Income-Tax-Appellate-Tribunal-TAXSCAN.jpg "Curable Defect in Form 35A: ITAT Sets Aside DRP Order [Read Order]")
![ITAT directs DRP to reconsider Assessees Objection Over Signature Irregularity [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Ahmedabad-Income-Tax-Dispute-Resolution-Panel-ITAT-taxscan.jpeg "ITAT directs DRP to reconsider Assessees Objection Over Signature Irregularity [Read Order]")
![Delhi HC upholds ITAT decision, invalidates Assessment Order for Exceeding Statutory Timelines [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Delhi-High-Court-Income-Tax-Assessment-Order-Statutory-Timelines-Delhi-HC-Upholds-ITAT-1.jpg "Delhi HC upholds ITAT decision, invalidates Assessment Order for Exceeding Statutory Timelines [Read Order]")
Revenue Challenges ITAT's ESOP Deduction Decision: Karnataka HC Dismisses Petition, Upholds ESOP as Legitimate Business Expense [Read Order]
In a recent ruling, the Karnataka High Court dismissed the revenue’s petition challenging the Income Tax Tribunal Appellate decision on Employee Stock Ownership Plan ( ESOP ) deduction, the court...
![Revenue Challenges ITATs ESOP Deduction Decision: Karnataka HC Dismisses Petition, Upholds ESOP as Legitimate Business Expense [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/ITAT-ESOP-Karnataka-High-Court-Employee-Stock-Ownership-Plan-ESOP-Deduction-Decision-taxsacn.jpg "Revenue Challenges ITATs ESOP Deduction Decision: Karnataka HC Dismisses Petition, Upholds ESOP as Legitimate Business Expense [Read Order]")
Validity of Assessment Order Passed on Struck-off Company Challenged: ITAT Dismisses Appeal Due to Lack of locus standi [Read Order]
The New Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) dismissed the appeal challenging the validity of the assessment order passed on a struck-off company. This decision was made due to the...
![Validity of Assessment Order Passed on Struck-off Company Challenged: ITAT Dismisses Appeal Due to Lack of locus standi [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-ITAT-ITAT-Delhi-locus-standi-Struck-off-company-TAXSCAN.jpeg "Validity of Assessment Order Passed on Struck-off Company Challenged: ITAT Dismisses Appeal Due to Lack of locus standi [Read Order]")
![Routine Support Services not FTS under India-UK DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Income-Tax-India-UK-DTAA-Double-Taxation-Avoidance-Agreement-DTAA-Fee-for-Technical-Services-taxscan.jpg "Routine Support Services not FTS under India-UK DTAA: ITAT [Read Order]")
![Consultancy Services Not Taxable as FIS under Article 12 of India-US DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/ITAT-ITAT-Delhi-Income-Tax-Article-12-of-India-US-DTAA-Dispute-Resolution-Panel-Consultancy-Services-TAXSCAN.jpg "Consultancy Services Not Taxable as FIS under Article 12 of India-US DTAA: ITAT [Read Order]")
AO has to Pass an Assessment Order u/s 92CA(4) of Income Tax Act After TPO's Order: Delhi HC [Read Order]
In a recent case, the Delhi High Court has held that once the Transfer Pricing Officer ( TPO ) had proceeded to pass the order, the AO was obliged to pass an assessment order by the procedure...
![AO has to Pass an Assessment Order u/s 92CA(4) of Income Tax Act After TPOs Order: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/06/Delhi-High-Court-Transfer-Pricing-Officer-Assessment-Order-Income-Tax-Act-taxscan.jpg "AO has to Pass an Assessment Order u/s 92CA(4) of Income Tax Act After TPOs Order: Delhi HC [Read Order]")
Relief to Shell Information Technology: ITAT rules Payment for IT Support Services not considered as FTS under Article 12 of India - Netherlands DTAA
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) has granted relief to Shell Information Technology, ruling that payments for IT support services were not considered fees for technical...
