Vodafone Idea Gets Partial Relief in Dispute Over Disallowances and Transfer Pricing Adjustments [Read Order]
The tribunal also deleted the disallowance of Rs.68.19 crores on distributor discounts, ruling that Section 194H does not apply to discounts on prepaid services.
By Adwaid M S - On March 7, 2025 6:09 am - 3 mins read
The Income Tax Appellate Tribunal (ITAT) Mumbai Bench has ruled in favor of Vodafone Idea Limited, granting partial relief by deleting certain disallowances while remanding others for fresh consideration. The tribunal held that adjustments related to Section 14A disallowance, distributor discounts, and 3G spectrum depreciation were not justified, while transfer pricing adjustments and IBM service charges…
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