![Relief to HP: ITAT allows Working Capital Adjustment Claim [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/HP-ITAT-allows-Working-Capital-Adjustment-Claim-TAXSCAN.jpeg "Relief to HP: ITAT allows Working Capital Adjustment Claim [Read Order]")
Relief to HP: ITAT allows Working Capital Adjustment Claim [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bengaluru Bench allowed working capital adjustment claim, thereby granting relief to M/s. Hewlett-Packard...
![Relief to Motorola: ITAT holds AMP Expenses and Warranty Expenses not separate International Transaction [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Motorola-ITAT-AMP-Expenses-Warranty-Expenses-TAXSCAN.jpg "Relief to Motorola: ITAT holds AMP Expenses and Warranty Expenses not separate International Transaction [Read Order]")
![Determination of ALP for Royalty Payment: Delhi HC dismisses Income Tax Department’s Appeal against Amway India [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/ALP-Royalty-Payment-Delhi-HC-Income-Tax-Departments-TAXSCAN.jpg "Determination of ALP for Royalty Payment: Delhi HC dismisses Income Tax Department’s Appeal against Amway India [Read Order]")
![Remand Proceedings shall be concluded within Period prescribed u/s 153 of Income Tax Act: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Madras-HC-Remand-Proceedings-Income-Tax-Act-Madras-High-Court-Taxscan.jpeg "Remand Proceedings shall be concluded within Period prescribed u/s 153 of Income Tax Act: Madras HC [Read Order]")
![Reference to TPO is valid only for SDT exceeds threshold limit of 5 Crore u/s 92BA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Reference-TPO-SDT-threshold-limit-ITAT-Taxscan.jpeg "Reference to TPO is valid only for SDT exceeds threshold limit of 5 Crore u/s 92BA: ITAT [Read Order]")
![International Transaction should be benchmarked using Custom Valuation Data: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/International-Transaction-benchmarked-Custom-Valuation-Data-ITAT-taxscan.jpeg "International Transaction should be benchmarked using Custom Valuation Data: ITAT [Read Order]")
TPO adopts Wrong Gross Profit Margin of Comparable Company: ITAT deletes Transfer Pricing Adjustment on International Transaction [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) has held that Transfer Pricing Officer (TPO) adopts wrong Gross Profit Margin of comparable company and deletes Transfer pricing adjustment...
![TPO adopts Wrong Gross Profit Margin of Comparable Company: ITAT deletes Transfer Pricing Adjustment on International Transaction [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/TPO-Gross-Profit-Margin-Company-ITAT-Transfer-pricing-Adjustment-International-Transaction-Taxscan.jpg "TPO adopts Wrong Gross Profit Margin of Comparable Company: ITAT deletes Transfer Pricing Adjustment on International Transaction [Read Order]")
Dept cannot claim that Time limits are Not Mandatory: Madras HC asks TPO to Pass Order Determining ALP within 60 Days [Read Order]
A division bench of the Madras High Court, while asking the Transfer Pricing Officer to pass an order determining Arm’s Length Pricing within 60 days and held that the department cannot claim that...
![Dept cannot claim that Time limits are Not Mandatory: Madras HC asks TPO to Pass Order Determining ALP within 60 Days [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Dept-Madras-HC-TPO-ALP-taxscan.jpeg "Dept cannot claim that Time limits are Not Mandatory: Madras HC asks TPO to Pass Order Determining ALP within 60 Days [Read Order]")
![Interest u/s 234C shall be calculated based on Returned Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Interest-under-section-234C-Returned-Income-ITAT-Income-Taxscan.jpg "Interest u/s 234C shall be calculated based on Returned Income: ITAT [Read Order]")
Partial relief to Carraro India: ITAT directs AO for re-determining ALP of international transaction of payment of Royalty [Read Order]
In a partial relief to Carraro India, the Pune Bench of Income Tax Appellate Tribunal (ITAT) directed the Assessing Officer (AO) for re-determining Arm‟s Length Price (ALP) of international...
![Partial relief to Carraro India: ITAT directs AO for re-determining ALP of international transaction of payment of Royalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/07/Carraro-India-ITAT-AO-ALP-of-international-transaction-Royalty-Taxscan.jpg "Partial relief to Carraro India: ITAT directs AO for re-determining ALP of international transaction of payment of Royalty [Read Order]")
No Addition can be made for TP Adjustment related to Specified Domestic Transactions: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench ruled that no addition can be made for Transfer Pricing adjustment related to Specified Domestic Transactions. The assessee has been engaged in...
![No Addition can be made for TP Adjustment related to Specified Domestic Transactions: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/TP-adjustment-Specified-Domestic-Transactions-ITAT-Taxscan.jpg "No Addition can be made for TP Adjustment related to Specified Domestic Transactions: ITAT [Read Order]")
TPA made at entity level should be restricted to international transactions only: ITAT grants Partial Relief to Tasty Bite Eatables [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench ruled that the Transfer Pricing Adjustment (TPA) made at entity level should be restricted to international transactions only. The assessee,...
![TPA made at entity level should be restricted to international transactions only: ITAT grants Partial Relief to Tasty Bite Eatables [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/TPA-ITAT-Tasty-Bite-Eatables-Taxscan.jpg "TPA made at entity level should be restricted to international transactions only: ITAT grants Partial Relief to Tasty Bite Eatables [Read Order]")