Transfer Pricing
![CBDT notifies 1% Tolerance Limit for Wholesale Trading under Transfer Pricing for AY 2020-21 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2021/11/CBDT-Tolerance-Limit-wholesale-trading-transfer-pricing-AY-2020-21-Taxscan.jpeg "CBDT notifies 1% Tolerance Limit for Wholesale Trading under Transfer Pricing for AY 2020-21 [Read Notification]")
CBDT notifies 1% Tolerance Limit for Wholesale Trading under Transfer Pricing for AY 2020-21 [Read Notification]
The Central Board of Direct Taxes (CBDT) has notified the 1% Tolerance Limit for wholesale trading under transfer pricing for Assessment Year...
![ITAT directs Assessing Officer to re-adjudicate matter of Wipro GE Healthcare in respect of Transfer Pricing addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/ITAT-AO-re-adjudicete-matter-Wipro-GE-Healthcare-transfer-pricing-addition-Taxscan.jpg "ITAT directs Assessing Officer to re-adjudicate matter of Wipro GE Healthcare in respect of Transfer Pricing addition [Read Order]")
![CBDT notifies Tolerance Limit of 1% for Wholesale Traders and 3% for others under transfer pricing for AY 2020-21 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/10/CBDT-tolerance-limit-wholesale-traders-transfer-pricing-Taxscan.jpg "CBDT notifies Tolerance Limit of 1% for Wholesale Traders and 3% for others under transfer pricing for AY 2020-21 [Read Notification]")
![ITAT allows the dispute to be withdrawn in respect of the grounds challenging the Transfer Pricing addition due to APA [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/10/ITAT-grounds-challenging-Transfer-Pricing-Taxscan.jpg "ITAT allows the dispute to be withdrawn in respect of the grounds challenging the Transfer Pricing addition due to APA [Read Order]")
Relief to EY: ITAT allows Deduction under Section 10AA on Incremental Income arisen pursuant to APA [Read Order]
In a relief to EY, the Income Tax Appellate Tribunal (ITAT) Bangalore Bench allowed a deduction under Section 10AA on incremental income arising pursuant to arm’s length price (APA) as per modified...
![Relief to EY: ITAT allows Deduction under Section 10AA on Incremental Income arisen pursuant to APA [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/ITAT-APA-EY-Taxscan.jpg "Relief to EY: ITAT allows Deduction under Section 10AA on Incremental Income arisen pursuant to APA [Read Order]")
If there are Similar Transactions of Services with both Related and Unrelated Parties and Price is Comparable, It is taken to be at Arm’s Length Price: ITAT [Read Order]
The Delhi bench of ITAT in the case of Axis Risk Consulting Services Private Limited v. DCIT, held that if there are similar transactions of services with related parties as well as unrelated parties...
![If there are Similar Transactions of Services with both Related and Unrelated Parties and Price is Comparable, It is taken to be at Arm’s Length Price: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/04/Arms-Length-Price-Taxscan.jpg "If there are Similar Transactions of Services with both Related and Unrelated Parties and Price is Comparable, It is taken to be at Arm’s Length Price: 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]")
No Penalty If determination of Arm’s Length Price has not lead to any Transfer Pricing Adjustment, with no effect on income of the assessee: ITAT [Read Order]
Delhi bench of Income Tax Appellate Tribunal (ITAT) recently held that if determination of arm’s length price has not lead to any transfer pricing adjustment and with no effect on income of the...
![No Penalty If determination of Arm’s Length Price has not lead to any Transfer Pricing Adjustment, with no effect on income of the assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/12/No-Penalty-Taxscan.jpg "No Penalty If determination of Arm’s Length Price has not lead to any Transfer Pricing Adjustment, with no effect on income of the assessee: ITAT [Read Order]")