ASHISH SUBODHCHANDRA SHAH (HUF) VS PRINCIPAL COMMISSIONER OF INCOME TAX
AHMEDABAD TRIBUNAL, Jun 29, 2020

In view of the domestic transaction with AE not falling in the sweep of Section 92BA at the threshold, any alleged inaction attributable to the AO in this regard would not...

DELL INTERNATIONAL SERVICES INDIA PRIVATE LIMITED VS DEPUTY COMMISSIONER OF INCOME TAX
BANGALORE TRIBUNAL, Jun 24, 2020

Functionally different companies cannot be selected as comparables.

MICHELIN INDIA PVT. LTD. (FORMERLY KNOWN AS MICHELIN INDIA TYERS PVT. LTD.) & ANR. VS JOINT COMMISSIONER OF INCOME TAX (OSD) & ANR.
DELHI TRIBUNAL, Jun 22, 2020

Merely because the assessee was increasing expenditure on its personnel and other expenses, cannot be the yardstick for deciding whether assessee had any need to avail the...

TRIDENT MICROSYSTEMS INDIA PVT. LTD. VS DEPUTY COMMISSIONER OF INCOME TAX
BANGALORE TRIBUNAL, Jun 17, 2020

1. Both these appeals filed by the assessee are directed against the assessment orders passed by the AO u/s 143(3) r.w.s 144C(13) of the Act, pursuant to the directions...

BHARTIA-SMSIL (JV) VS INCOME TAX OFFCIER
GAUHATI TRIBUNAL, Jun 17, 2020

Since the clause (i) of section 92BA was omitted and there is no provision in any other section of Income Tax Act saving pending proceedings initiated under omitted...

NEW DELHI TELEVISION LTD. & ANR. VS ASSISTANT COMMISSIONER OF INCOME TAX & ANR.
DELHI TRIBUNAL, Jun 16, 2020

Incurring of liability and resultant deduction cannot be marred by mere reason of some difficulty in proper quantification of such liability at that stage, very point of...

GOLDMAN SACHS SERVICES PVT. LTD. VS JOINT COMMISSIONER OF INCOME TAX
BANGALORE TRIBUNAL, Jun 15, 2020

1. The assessee has filed an appeal against the order under Section 143(3) r.w.s. 144C of the Income Tax Act1961 ('the Act') dt.17.10.2019 passed in pursuance to the...

DEPUTY COMMISSIONER OF INCOME TAX VS EXXON MOBIL LUBRICANTS P. LTD.
DELHI TRIBUNAL, Jun 12, 2020

1. This appeal filed by the Revenue is directed against the order dated 24th March, 2011 of the CIT(A)-20, New Delhi, relating to the assessment year 2004-05. 2. Ground No....

ESSENTRA (INDIA) PVT. LTD. VS INCOME TAX OFFICER
BANGALORE TRIBUNAL, Jun 05, 2020

Where assessee has under-utilized capacity during the subject AY, he is eligible to an adjustment for the same, and such a benefit cannot be denied to the assessee only for...

UNITED SPIRITS LIMITED VS DEPUTY COMMISSIONER OF INCOME TAX
BANGALORE TRIBUNAL, May 29, 2020

Inadvertent omission on the part of the AO in not complying with the directions issued by DRP, which were duly rectified by him by passing the rectification order u/s 154,...