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TP - AMP and R&T expenses do not constitute 'international transactions' u/s 92B in absence of agreement to provide services to AEs: ITAT ...
DTAA - Receipts received by Hong Kong tax-resident assessee for providing managed, systems integration and hi-tech transactional services to Stan...
TP - AMP expenses incurred by brand owner for its own business are revenue expenditures: ITAT ...
TP - Statutory timelines prescribed u/s 144C(13) are mandatory, sacrosanct & fundamental to procedural discipline in tax administration - omissio...
TP - Extending corporate guarantees falls within definition of international transactions u/s 92B as indirect long-term financing: ITAT ...
I-T - Underwriting commissions do not constitute FTS because they represent fee for incurring financial risk rather than transmission of technica...
I-T - Reimbursements did not attract TDS u/s 195: ITAT ...
TP - Revenue's attempt to treat draft order as final assessment order u/s 143(3) by alleging ‘human error' is unsustainable: HC ...
I-T - Situs of manufacturing activity in India suggests that income component is located in India, even if receipts emanate from abroad: ITAT ...
INTL - In absence of international transaction, statutory obligations to maintain documentation u/s 92D & Rule 10D does not arise, thereby render...
I-T - Technical services are only taxable under ‘make available' if recipient absorbs skill to apply it independently: ITAT ...
TP - ALP for international loans in foreign currency must be benchmarked against LIBOR applicable in borrower's country: ITAT ...
TP - Economic adjustments for non-creditable customs duties and working capital cycles are mandatory to ensure comparability: ITAT ...
TP - Parity must be maintained between operating cost and income base, specifically regarding ESOP reimbursements & foreign currency receivables:...
TP - TNMM is preferred over CUP method if there are significant contractual and economic differences between AE & non-AE transactions that cannot...
I-T - Section 44C is an exhaustive provision for head office expenses meeting a specific tripartite test - YES: ITAT ...
I-T - Foreign taxes paid, such as Japanese Inhabitant or Enterprise taxes, that do not qualify for credit u/s 90/91, are allowable as business ex...
TP - If entity is debt-free, it cannot be presumed that borrowed funds were utilized to provide credit facilities to AEs : ITAT ...
DTAA - Receipts from transportation of cargo through feeder vessels obtained under slot hire arrangements are covered by Article 8 of the India-G...
TP - Profit margin agreed upon in Bilateral APA for specific AEs constitutes reliable benchmark for determining ALP of similar transactions with ...
 
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