![Geodis Overseas entitled to depreciation on goodwill: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Geodis-Overseas-depreciation-on-goodwill-ITAT-Taxscan.jpg "Geodis Overseas entitled to depreciation on goodwill: ITAT [Read Order]")
Geodis Overseas entitled to depreciation on goodwill: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench ruled that the Geodis Overseas entitled to depreciation on goodwill. The assessee is engaged...
![Relief to LD India: ITAT deletes Addition since ALP Determination was barred by Limitation [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/03/Relief-LD-India-ITAT-Addition-ALP-Determination-Limitation-taxscan.jpg "Relief to LD India: ITAT deletes Addition since ALP Determination was barred by Limitation [Read Order]")
![ITAT directs AO to delete Transfer Pricing Adjustments by way of Royalty against Himalaya Drug Company [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/11/ITAT-AO-Transfer-Pricing-Adjustments-Royalty-Himalaya-Drug-Company-Taxscan.jpg "ITAT directs AO to delete Transfer Pricing Adjustments by way of Royalty against Himalaya Drug Company [Read Order]")
![Exclusion of Comparables based on Turnover is valid: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/05/WhatsApp-Image-2020-05-01-at-2.22.42-PM.jpeg "Exclusion of Comparables based on Turnover is valid: ITAT [Read Order]")
![ITAT Annual Digest [Part 61]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Annual-Digest-Income-Tax-Act-Income-tax-taxscan-3.jpg "ITAT Annual Digest [Part 61]")
Relief to Vodafone Idea: Bombay HC directs Refund of Prepaid Taxes of Rs. 1128.47 crores; Quashes FAO's Time-barred Order [Read Order]
Vodafone Idea has received relief from the Bombay High Court, which has instructed the Income Tax authorities to reimburse the prepaid taxes amounting to Rs. 1128.47 crores. Additionally, the court...
Recurring Charges paid to Telephone Lines are Revenue in Nature: ITAT deletes Addition to regard to Telecommunication Lines [Read Order]
The Bengaluru bench of the Income Tax Appellate Tribunal (ITAT) held that the recurring charges paid to telephone lines are revenue in nature and deletes the addition to regard to telecommunication. ...
![Recurring Charges paid to Telephone Lines are Revenue in Nature: ITAT deletes Addition to regard to Telecommunication Lines [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Recurring-Charges-telephone-lines-revenue-in-nature-ITAT-telecommunication-lines-taxscan.jpeg "Recurring Charges paid to Telephone Lines are Revenue in Nature: ITAT deletes Addition to regard to Telecommunication Lines [Read Order]")
PCIT rightly directed the Bank of India’s case to Transfer Pricing Officer for determining ALP: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench held that PCIT rightly directed the Bank of India’s case to the Transfer Pricing Officer (TPO) under section 92CA for determination of arm’s...
![PCIT rightly directed the Bank of India’s case to Transfer Pricing Officer for determining ALP: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-PCIT-Bank-of-India-Transfer-Pricing-Officer-ALP-Taxscan.jpeg "PCIT rightly directed the Bank of India’s case to Transfer Pricing Officer for determining ALP: ITAT [Read Order]")
CSR may qualify for Deduction under Section 80G of Income Tax Act: ITAT grants relief to Goldman Sachs
In a Relief to Goldman Sachs, the Income Tax Appellate Tribunal (ITAT), Bangalore Bench held that Corporate Social Responsibility (CSR) is also eligible for deduction under Section 80G of Income Tax...
Not a Comparable If Majority of Revenue is earned from Principal Service / Object: ITAT [Read Order]
The New Delhi bench of Income Tax Appellate Tribunal ( ITAT ) while allowing the appeal held that party will not be a comparable if the company is engaged in diversified services and majority of its...
![Not a Comparable If Majority of Revenue is earned from Principal Service / Object: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Service-Tax-Taxscan.jpg "Not a Comparable If Majority of Revenue is earned from Principal Service / Object: ITAT [Read Order]")
TP Adjustment can be applied to Overseas Subsidiary even without obtaining any Royalty: Delhi HC [Read Judgment]
A two-Judge Bench of the Delhi High Court in Dabur India Ltd. vs. Pr.Commissioner of Income Tax held that Transfer Pricing adjustment is applicable to overseas subsidiary despite of receiving any...
![TP Adjustment can be applied to Overseas Subsidiary even without obtaining any Royalty: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/12/Dabur-Taxscan.jpg "TP Adjustment can be applied to Overseas Subsidiary even without obtaining any Royalty: Delhi HC [Read Judgment]")