RPM is Most Appropriate Method for Ascertaining ALP as the Distributer did not Make any Value Addition to Goods: Delhi HC [Read Order]
The Delhi High Court Resale Price Method (RPM) is the Most Appropriate Method(MOM) for Ascertaining Arm’s Length Price (ALP) as the distributor did...
![Failure of Comparable as chosen by DRP, then same Loses Comparability for determining ALP: ITAT rules in favour of Tata Chemicals [Read Orer]](https://www.taxscan.in/wp-content/uploads/2023/11/Failure-Comparable-DRP-Loses-Comparability-determining-ALP-ITAT-Tata-Chemicals-TAXSCAN.jpg "Failure of Comparable as chosen by DRP, then same Loses Comparability for determining ALP: ITAT rules in favour of Tata Chemicals [Read Orer]")
![Receipt from Support Services cannot be Treated as FIS under Article 12(4)(b) of India -USA DTAA: ITAT Deletes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Receipt-from-Support-Services-Treated-as-FIS-under-India-USA-DTAA-ITAT-Income-Tax-TAXSCAN.jpg "Receipt from Support Services cannot be Treated as FIS under Article 12(4)(b) of India -USA DTAA: ITAT Deletes Income Tax Addition [Read Order]")
![No disallowance of expenditure u/s 14A of Income Tax Act in absence of dividend Income from investments in equities: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/No-disallowance-expenditure-Income-Tax-Act-absence-dividend-Income-investments-equities-ITAT-TAXSCAN.jpg "No disallowance of expenditure u/s 14A of Income Tax Act in absence of dividend Income from investments in equities: ITAT [Read Order]")
![Chartered Accountant or Advocate cannot Verify Form 35A, They can Only Declare that Content is True to the best of his information and belief: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Chartered-Accountant-Advocate-Declare-Content-True-best-information-belief-ITAT-TAXSCAN.jpeg "Chartered Accountant or Advocate cannot Verify Form 35A, They can Only Declare that Content is True to the best of his information and belief: ITAT [Read Order]")
Mere Passing of Architectural Drawings to AOP Not ‘FIS’, doesn't satisfy 'make believe' under Article 12(4)(b) of India-USA DTAA: ITAT [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal (ITAT) held that mere passing of project of specific architectural drawings and design with measurement did not amount to ‘make believe’ technical...
![Mere Passing of Architectural Drawings to AOP Not ‘FIS’, doesnt satisfy make believe under Article 12(4)(b) of India-USA DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Mere-Architectural-Drawings-AOP-believe-India-USA-DTAA-ITAT-TAXSCAN.jpg "Mere Passing of Architectural Drawings to AOP Not ‘FIS’, doesnt satisfy make believe under Article 12(4)(b) of India-USA DTAA: ITAT [Read Order]")
![Retaining Disallowance without Following Directions of DRP: ITAT directs Re adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Retaining-Disallowance-Following-Directions-of-DRP-ITAT-directs-Readjudication-TAXSCAN.jpg "Retaining Disallowance without Following Directions of DRP: ITAT directs Re adjudication [Read Order]")
Capital Gain Tax paid by Wife need not be taxed again for Husband: ITAT deletes Income Tax Addition [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) held that a husband need not pay capital gain tax already paid by his wife. The assessee filed its original return of income on...
![Capital Gain Tax paid by Wife need not be taxed again for Husband: ITAT deletes Income Tax Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Capital-Gain-tax-paid-wife-taxed-husband-ITAT-deletes-addition-TAXSCAN.jpg "Capital Gain Tax paid by Wife need not be taxed again for Husband: ITAT deletes Income Tax Addition [Read Order]")
Relief to Google Ireland: Payment for Online Advertisement Space to Google India Not “Royalty”, rules ITAT [Read Order]
The Bengaluru Bench of the Income Tax Appellate Tribunal (ITAT), comprising George George K., Judicial Member and Padmavathy S., Accountant Member observed that the payment for online advertisement...
![Relief to Google Ireland: Payment for Online Advertisement Space to Google India Not “Royalty”, rules ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Relief-to-Google-Ireland-Payment-for-Online-Advertisement-Space-Google-India-Royalty-ITAT-Taxscan.jpg "Relief to Google Ireland: Payment for Online Advertisement Space to Google India Not “Royalty”, rules ITAT [Read Order]")
Non-Implementation of DRP Directions by AO is a “Very Disturbing Trend”: ITAT directs Govt to Issue Necessary Guidelines [Read Order]
The Delhi Income Tax Appellate Tribunal has recently by observing the non-implementation of Dispute Resolution Panel directions by assessing officers directing the government to issue necessary...
![Non-Implementation of DRP Directions by AO is a “Very Disturbing Trend”: ITAT directs Govt to Issue Necessary Guidelines [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/02/Non-Implementation-of-DRP-DRP-AO-ITAT-Govt-Guidelines-Taxscan.jpg "Non-Implementation of DRP Directions by AO is a “Very Disturbing Trend”: ITAT directs Govt to Issue Necessary Guidelines [Read Order]")
Guarantee Commission is not Taxable in India under India Germany DTAA: ITAT directs AO to delete Transfer Pricing Adjustment [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench directed Assessing Officer (AO) to delete transfer pricing adjustment and held that Guarantee commission is not taxable in India as per India...
![Guarantee Commission is not Taxable in India under India Germany DTAA: ITAT directs AO to delete Transfer Pricing Adjustment [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Guarantee-Commission-Taxable-in-India-under-India-Germany-DTAA-ITAT-AO-TAXSCAN.jpg "Guarantee Commission is not Taxable in India under India Germany DTAA: ITAT directs AO to delete Transfer Pricing Adjustment [Read Order]")