![Section 80IA(4)(ii) of IT Act would still apply even if same undertaking were to expand or add services: Delhi HC dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Delhi-High-Court-Income-Tax-Act-Delhi-High-Court-dismisses-Appeal-TAXSCAN.jpg "Section 80IA(4)(ii) of IT Act would still apply even if same undertaking were to expand or add services: Delhi HC dismisses Appeal [Read Order]")
Section 80IA(4)(ii) of IT Act would still apply even if same undertaking were to expand or add services: Delhi HC dismisses Appeal [Read Order]
In a significant case, the Delhi High Court while dismissing the appeal held that section 80IA(4)(ii) of Income Tax Act would still apply...
![Exclusion of Comparables become valid as Failed to Demonstrate Change in Circumstance from Earlier Financial Year: Delhi HC Dismisses Petition of Income Tax Department [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Exclusion-Exclusion-of-Comparables-Exclusion-of-Comparables-become-valid-Exclusion-of-Comparables-become-valid-as-Failed-to-Demonstrate-Change-in-Circumstance-taxscan.jpg "Exclusion of Comparables become valid as Failed to Demonstrate Change in Circumstance from Earlier Financial Year: Delhi HC Dismisses Petition of Income Tax Department [Read Order]")
![AMP expenditure of Samsung India Electronics can’t be considered as an International Transaction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/AMP-expenditure-of-Samsung-India-Electronics-international-transaction-ITAT-samsung-Taxscan.jpg "AMP expenditure of Samsung India Electronics can’t be considered as an International Transaction: ITAT [Read Order]")
![AMP expenditure of Nikon India can’t be considered as an International Transaction: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/AMP-expenditure-Nikon-India-International-Transaction-ITAT-AMP-Taxscan.jpg "AMP expenditure of Nikon India can’t be considered as an International Transaction: ITAT [Read Order]")
ITAT confirms disallowance against Nike India: Burden of Expenditure for New Product Samples is on manufacturer, Wholesaler can’t claim Tax benefit [Read Order]
The Income Tax Appellate Tribunal (ITAT), Bangalore Bench ruled that the burden of expenditure for new product samples is on the manufacturer, so the wholesaler can not claim the tax benefit. The...
![ITAT confirms disallowance against Nike India: Burden of Expenditure for New Product Samples is on manufacturer, Wholesaler can’t claim Tax benefit [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/Nike-India-ITAT-Tax-Benefits-Expenditure-Taxscan.jpg "ITAT confirms disallowance against Nike India: Burden of Expenditure for New Product Samples is on manufacturer, Wholesaler can’t claim Tax benefit [Read Order]")
Prematurely pronouncing on issues of comparables, TP Adjustments and methods for making TP adjustments definitely curtails the discretion of the Assessing Authorities: Delhi High court
The Delhi High court held that the prematurely pronouncing on issues of comparables, TP Adjustments and methods for making TP adjustments definitely curtails the discretion of the Assessing...
Cost allocation of International Freight Logistic Support Services and Reimbursement of GAM Expenses can’t be treated as Technical Services / FIS: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench held that the Cost allocation of international freight logistic support services and reimbursement of Global Account Management (GAM) expenses...
![Cost allocation of International Freight Logistic Support Services and Reimbursement of GAM Expenses can’t be treated as Technical Services / FIS: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/Cost-allocation-International-Freight-Logistic-Support-Services-Reimbursement-GAM-Expenses-Technical-Services-FIS-ITAT-Taxscan.jpg "Cost allocation of International Freight Logistic Support Services and Reimbursement of GAM Expenses can’t be treated as Technical Services / FIS: ITAT [Read Order]")
![DRP is Empowered to Enhance the Variations proposed in the Draft Order: ITAT Delhi [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/09/ITAT-Chandigarh-Taxscan.jpg "DRP is Empowered to Enhance the Variations proposed in the Draft Order: ITAT Delhi [Read Order]")
TPO cannot Go Beyond a Remand Order when such Remand was based on a Specific Finding: Delhi HC [Read Judgment]
In a recent ruling, the Delhi High Court found that the Transfer Pricing Officer (TPO) cannot go beyond a remand order when such remand was based on a specific finding. The division bench comprising...
For making reference to TPO u/s 92CA, AO has to record reasons after giving the Assessee an oppurtunity of being heard; Delhi HC [Read Judgment]
The Delhi High Court has recently ruled that, the Assessing Officer shall record his reason as to why the matter should be referred to a TPO u/s 92CA of the Income Tax Act, 1961. it was further...
