![ITAT deletes TP adjustment made towards rendering of GIS services by AE for Advertising Business [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-TP-adjustment-GIS-services-AE-advertising-business-income-tax-income-tax-taxscans.jpg "ITAT deletes TP adjustment made towards rendering of GIS services by AE for Advertising Business [Read Order]")
ITAT deletes TP adjustment made towards rendering of GIS services by AE for Advertising Business [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal (ITAT) has deleted the Transfer pricing (TP) adjustment made towards rendering of Global...
![Deduction for Revenue from Onsite Services cannot be denied on ground of not connected to Eligible Units located in India:ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/Deduction-Revenue-Onsite-Services-Eligible-Units-India-ITAT-Deduction-for-Revenue-denied-income-tax-taxscan.jpg "Deduction for Revenue from Onsite Services cannot be denied on ground of not connected to Eligible Units located in India:ITAT [Read Order]")
![No records with Income Tax Dept to show Actual Amount Received from AE for Marketing Service Fee : ITAT Deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/No-records-with-Income-Tax-Dept-to-show-Actual-Amount-Received-Marketing-Service-Fee-ITAT-TAXSCAN.jpg "No records with Income Tax Dept to show Actual Amount Received from AE for Marketing Service Fee : ITAT Deletes Addition [Read Order]")
![Reference made to TPO u/s 92CA of IT Act due to Omission of Law without Saving Clause for Pending Proceedings: ITAT quashes Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/TPO-IT-Act-Omission-of-Law-without-Saving-Clause-for-Pending-Proceedings-Omission-of-Law-Pending-Proceedings-ITAT-quashes-Order-ITAT-Order-Taxscan.jpg "Reference made to TPO u/s 92CA of IT Act due to Omission of Law without Saving Clause for Pending Proceedings: ITAT quashes Order [Read Order]")
ESOP is Capital in Nature: ITAT Directs to Delete Income Tax Addition Against Unilever India Export [Read Order]
In the case of Unilever India Exports Limited, the Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has directed deleted the income tax addition towards ESOP. The assessee, Unilever India...
![ESOP is Capital in Nature: ITAT Directs to Delete Income Tax Addition Against Unilever India Export [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/ESOP-is-Capital-in-Nature-ITAT-Directs-to-Delete-Income-Tax-Addition-Against-Unilever-India-Export-TAXSCAN.jpg "ESOP is Capital in Nature: ITAT Directs to Delete Income Tax Addition Against Unilever India Export [Read Order]")
Toyota Gets Partial Relief as ITAT Orders Investigation into Capitalized Expenses for Transfer Pricing Adjustment Computation [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal (ITAT) recently ordered an investigation into capitalized expenses for transfer pricing adjustment computation. The assessee Toyota...
![Toyota Gets Partial Relief as ITAT Orders Investigation into Capitalized Expenses for Transfer Pricing Adjustment Computation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Toyota-Gets-Partial-ITAT-Orders-Investigation-into-Capitalized-Expenses-for-Transfer-Pricing-Adjustment-Computation-TAXSCAN.jpg "Toyota Gets Partial Relief as ITAT Orders Investigation into Capitalized Expenses for Transfer Pricing Adjustment Computation [Read Order]")
![No Evidence to prove Assessee as Distribution Company: Calcutta HC upholds ITATs Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Evidence-Distribution-Company-Company-Calcutta-High-Court-Taxscan.jpg "No Evidence to prove Assessee as Distribution Company: Calcutta HC upholds ITATs Order [Read Order]")
Consideration for Advisory Services does not amount to FTS under Indo-US Treaty, Not Taxable: Calcutta HC [Read Order]
The Calcutta High Court (HC) held that consideration for advisory services does not amount to FTS and cannot be treated as Fees for Included Services under Article 12(4)(b) of the India-US Double...
![Consideration for Advisory Services does not amount to FTS under Indo-US Treaty, Not Taxable: Calcutta HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Consideration-services-FTS-Indo-US-Treaty-Taxable-Calcutta-HC-TAXSCAN.jpg "Consideration for Advisory Services does not amount to FTS under Indo-US Treaty, Not Taxable: Calcutta HC [Read Order]")
![Jurisdiction comes first, not PAN: Bombay HC validates the order of ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/01/Jurisdiction-PAN-Bombay-High-Court-ITAT-taxscan.jpg "Jurisdiction comes first, not PAN: Bombay HC validates the order of ITAT [Read Order]")
![Relief to Ambuja Cement: ITAT deletes ALP adjustment of 18 lakhs [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Relief-to-Ambuja-Cement-ITAT-deletes-ALP-adjustment-TAXSCAN.jpg "Relief to Ambuja Cement: ITAT deletes ALP adjustment of 18 lakhs [Read Order]")
Advertising, Marketing and Promotion expenditures incurred are Revenue Expenditures: Delhi HC [Read Order]
The Delhi High Court has held that Advertising, Marketing and Promotion expenditures incurred are revenue expenditures. Mr Ruchir Bhatia, Senior Standing Counsel appeared for Revenue and Mr Sumit...
![Advertising, Marketing and Promotion expenditures incurred are Revenue Expenditures: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Advertising-Marketing-Promotion-expenditures-Revenue-Expenditures-Revenue-Delhi-High-Court-Taxscan.jpg "Advertising, Marketing and Promotion expenditures incurred are Revenue Expenditures: Delhi HC [Read Order]")