![ITAT Holds SBI PLR Applicable for Arm’s Length Interest on INR-Denominated FCCDs [Read Order]](https://images.taxscan.in/h-upload/2025/08/19/2078152-arms-length-interest-taxscan.webp "ITAT Holds SBI PLR Applicable for Arm’s Length Interest on INR-Denominated FCCDs [Read Order]")
ITAT Holds SBI PLR Applicable for Arm’s Length Interest on INR-Denominated FCCDs [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) held that for debentures denominated in Indian Rupees (INR), the correct benchmark for...
![ITAT Allows Use of Extrapolated Data for Comparables With Different Year-End in ITeS Transfer Pricing Dispute Involving Goldman Sachs [Read Order]](https://images.taxscan.in/h-upload/2025/08/13/2076448-itat-mumbai-goldman-sachs-itat-case.webp "ITAT Allows Use of Extrapolated Data for Comparables With Different Year-End in ITeS Transfer Pricing Dispute Involving Goldman Sachs [Read Order]")
![Relief for Rolls Royce: ITAT Quashes Time-Barred Assessment Order Passed Beyond S.144C(13) Deadline [Read Order]](https://images.taxscan.in/h-upload/2025/07/08/2061227-rolls-royce-taxscan.webp "Relief for Rolls Royce: ITAT Quashes Time-Barred Assessment Order Passed Beyond S.144C(13) Deadline [Read Order]")
![ALP recomputed by TPO is Invalid as Assesee Followed Prescribed method (TNMM) u/s 92C of Income Tax Act : ITAT allows appeal of Schaeffler India Ltd [Read Order]](https://images.taxscan.in/h-upload/2025/07/01/2057568-no-assessment-income-tax-act-relevant-assessment-year-itat-taxscan.webp "ALP recomputed by TPO is Invalid as Assesee Followed Prescribed method (TNMM) u/s 92C of Income Tax Act : ITAT allows appeal of Schaeffler India Ltd [Read Order]")
![ITAT Allows KBS Creations’ Appeal, Rules No Transfer Pricing Adjustment Without Proved ‘Arrangement’ Under Section 80IA(10) [Read Order]](https://images.taxscan.in/h-upload/2025/06/19/2050488-transfer-pricing-.webp "ITAT Allows KBS Creations’ Appeal, Rules No Transfer Pricing Adjustment Without Proved ‘Arrangement’ Under Section 80IA(10) [Read Order]")
ITAT Holds Corporate Guarantee as International Transaction, Grants Relief to Tega Industries by Restricting TP Adjustment to 0.5% Fee
The Kolkata Bench of Income Tax Appellate Tribunal (ITAT ) granted relief to Tega Industries by restricting the Transfer Pricing (TP) adjustment to 0.5% in respect of a corporate guarantee fee,...
Bombay HC Dismisses Revenue’s Appeal, Upholds ITAT Order Quashing ‘Mechanical’ Reassessment Initiated Without AO’s Independent Satisfaction [Read Order]
The Bombay High Court has dismissed an appeal filed by the Principal Commissioner of Income Tax-1, Thane, challenging the Income Tax Appellate Tribunal’s ( ITAT ) order quashing reassessment...
![Bombay HC Dismisses Revenue’s Appeal, Upholds ITAT Order Quashing ‘Mechanical’ Reassessment Initiated Without AO’s Independent Satisfaction [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/ITAT-Order-Reassessment-Upholds-ITAT-Order-Quashing-taxscan.jpg "Bombay HC Dismisses Revenue’s Appeal, Upholds ITAT Order Quashing ‘Mechanical’ Reassessment Initiated Without AO’s Independent Satisfaction [Read Order]")
Bombay HC Quashes Income Tax Reassessment Over Change of Opinion and No Failure to Disclose Facts [Read Order]
The High Court of Bombay, quashed an income tax reassessment proceedings initiated against the assessee for Assessment Year(AY) 2014–15, holding that the reopening was based on a mere change of...
![Bombay HC Quashes Income Tax Reassessment Over Change of Opinion and No Failure to Disclose Facts [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/Income-Tax-Reassessment-Bombay-High-Court-Over-Change-of-Opinion-taxscan.jpg "Bombay HC Quashes Income Tax Reassessment Over Change of Opinion and No Failure to Disclose Facts [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 CUP analysis despite Dispute Resolution Panel...
![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]")
ITAT deletes Addition for Intra-Group Services, Citing Consistency with Earlier Rulings [Read Order]
The Kolkata Bench of Income Tax Appellate Tribunal ( ITAT ) ruled in favor of the assessee deleting the addition for intra-group services. It cited the consistency with earlier rulings, particularly...
![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]
In a recent ruling, the Delhi High Court held that the existence of an international transaction must be established before undertaking a transfer pricing benchmarking analysis. The case involved...
![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]
The Delhi Bench of the Income Tax Appellate Tribunal ( ITAT ) recently remitted a matter regarding discrepancies in transfer pricing and corporate tax of UK-origin publishing giant Bloomsbury...
![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]")