![TPO’s Rejection of CUP Analysis Despite DRP Directions: ITAT Deletes Transfer Pricing Adjustment [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/ITAT-ITAT-Kolkata-TPO-Transfer-pricing-officer-Income-tax-news-TAXSCAN.jpg "TPO’s Rejection of CUP Analysis Despite DRP Directions: ITAT Deletes Transfer Pricing Adjustment [Read Order]")
TPO’s Rejection of CUP Analysis Despite DRP Directions: ITAT Deletes Transfer Pricing Adjustment [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT) deleted the transfer pricing adjustment after Transfer Pricing Officer (TPO)’s rejection of...
![ITAT deletes Addition for Intra-Group Services, Citing Consistency with Earlier Rulings [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Intra-Group-Services.jpg "ITAT deletes Addition for Intra-Group Services, Citing Consistency with Earlier Rulings [Read Order]")
![Existence of International Transaction must be Proven before Applying Transfer Pricing Benchmarking: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/International-Transaction-Benchmarking-Transfer-Pricing-taxscan.jpg "Existence of International Transaction must be Proven before Applying Transfer Pricing Benchmarking: Delhi HC [Read Order]")
![Relief to Harry Potter Publisher: ITAT Remits Transfer Pricing and Corporate Tax matter to verify Confirmations and Explanations [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/01/ITAT-ITAT-Delhi-Corporate-Tax-matter-Transfer-Pricing-and-Corporate-Tax-Transfer-Pricing-taxscan.jpg "Relief to Harry Potter Publisher: ITAT Remits Transfer Pricing and Corporate Tax matter to verify Confirmations and Explanations [Read Order]")
TPO Compared Dissimilar Companies for Determining ALP for Future First Info: Delhi HC Directs Exclusion of Infosys BPO, Acropetal, and e-Clerx as Comparables [Read Order]
In a recent ruling, the Delhi High Court directed exclusion of Infosys BPO, Acropetal, and e-Clerx as Comparables after Transfer Pricing Officer (TPO) compared dissimilar companies for determining...
Dissimilar comparables in Transfer Pricing Owing to Intangibles as Goodwill and Product Development Costs: Delhi HC upholds Exclusion [Read Order]
In a recent ruling, the Delhi High Court upheld the exclusion of dissimilar comparables in transfer pricing due to intangibles such as goodwill and product development costs. In this case, the...
ITAT deletes Notional Interest in Absence of Proof to Treat Share Application Money in Hands of Overseas AE as 'Loan' [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal ( ITAT ) deleted the notional interest in absence of proof to treat share application money in hands of overseas Associated Enterprises ( AE ) as...
![ITAT deletes Notional Interest in Absence of Proof to Treat Share Application Money in Hands of Overseas AE as Loan [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-Income-Tax-Income-Tax-Appellate-Tribunal-ITAT-Mumbai-TAXSCAN.jpg "ITAT deletes Notional Interest in Absence of Proof to Treat Share Application Money in Hands of Overseas AE as Loan [Read Order]")
ITAT directs Reassessment of JCB India's ₹166.09 Crore TP Adjustment for Royalty Payments to Non-UK Entities in AY 2017-18 [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) directed the reassessment of JCB India's transfer pricing ( TP ) adjustment of Rs. 166.09 crore for royalty payments made to non-UK...
![ITAT directs Reassessment of JCB Indias ₹166.09 Crore TP Adjustment for Royalty Payments to Non-UK Entities in AY 2017-18 [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Delhi-Reassessment-of-JCB-Royalty-Payments-to-Non-UK-Entities-ITAT-directs-reassessment-Royalty-payments-TP-dispute-Taxscan.jpg "ITAT directs Reassessment of JCB Indias ₹166.09 Crore TP Adjustment for Royalty Payments to Non-UK Entities in AY 2017-18 [Read Order]")
Relief to Ericsson: Supreme Court upholds deletion of ₹64.43 Cr Penalty u/s 271G of Income Tax Act [Read Judgement]
In a significant relief to Ericsson India Private Limited, the Supreme Court of India has upheld the deletion of the penalty imposed under Section 271G of the Income Tax Act, 1961. The penalty,...
![Relief to Ericsson: Supreme Court upholds deletion of ₹64.43 Cr Penalty u/s 271G of Income Tax Act [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2024/09/Supreme-Court-Ericsson-Income-Tax-Income-Tax-Act-Ericsson-India-penalty-Section-271G-Income-Tax-Act-Ericsson-India-tax-penalty-case-taxscan.jpg "Relief to Ericsson: Supreme Court upholds deletion of ₹64.43 Cr Penalty u/s 271G of Income Tax Act [Read Judgement]")
TP Adjustment cannot be at ‘NIL’ as determined by the TPO: ITAT directs TPO to consider ALP afresh [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal ( ITAT ) ruled that the Transfer Pricing Officer ( TPO ) erred in setting the Arm’s Length Price ( ALP ) for Intra Group Services at NIL for the...
![TP Adjustment cannot be at ‘NIL’ as determined by the TPO: ITAT directs TPO to consider ALP afresh [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-ITAT-TP-Adjustment-by-TPO-Intra-Group-Services-TAXSCAN.jpg "TP Adjustment cannot be at ‘NIL’ as determined by the TPO: ITAT directs TPO to consider ALP afresh [Read Order]")
No Notional Interest to be assumed by TPO on Deferred Receivables to Debt-Free Company: Delhi HC [Read Order]
The ruled that no notional interest can be assumed by the Transfer Pricing Officer ( TPO ) on deferred receivables from a debt-free company. The primary issue addressed was whether deferred...
![No Notional Interest to be assumed by TPO on Deferred Receivables to Debt-Free Company: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Delhi-High-Court-Debt-Free-TPO-No-Notional-Interest-Taxscan.jpg "No Notional Interest to be assumed by TPO on Deferred Receivables to Debt-Free Company: Delhi HC [Read Order]")