ACIT v. Global One India P. Ltd.

19 Taxmann.com 249High Court2012#7296 most cited

What is ACIT v. Global One India P. Ltd. authority for?

The requirement to furnish prescribed information under Section 92D(3) of the Income-tax Act arises only when the assessee fails to support its Arm's Length Price (ALP) with necessary evidence. There is no justification in demanding information first and then offering an opportunity to the assessee.

15

judgments rely on this decision, according to BharatTax’s citation analysis of 366,314 Indian tax judgments — from 2017 to 2025.

Also referred to as

ACIT v. Global One India P. Ltd. · section 92D(3) · section 271AA · section 271G · transfer pricing · international transaction · information and documents · Arm's Length Price · ALP · prescribed information

Sections most often in play

Section 271AASection 92DSection 143(3)Section 153ASection 10DSection 92CASection 271GSection 132

Issues it is cited on

section 92d(3)section 92ca(2)section 271gsection 271basection 92fsection 92dsection 9(1)(i)specified domestic transactioncorporate guaranteetransfer pricing ordersection 92ca(1)section 271aa

Judgments citing ACIT v. Global One India P. Ltd.

Deputy Commissioner of Income -Tax, Central Circle-1(1), Ahmedabad vs. Best Oasis Limited, Mumbai

In the result, the appeal of the Revenue is dismissed

ITA 640/AHD/2024[2019-20]Status: DisposedITAT Ahmedabad25 Feb 2025AY 2019-20

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinha

For Appellant: Shri Tushar Hemani, Sr. Advocate &For Respondent: Shri Abhay Thakur, CIT.DR & Shri B
Section 132Section 153ASection 271ASection 9(1)(i)Section 92(3)Section 92CSection 92D

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, AHMEDABAD BEFORE Ms. SUCHITRA KAMBLE, JUDICIAL MEMBER & SHRI NARENDRA PRASAD SINHA, ACCOUNTANT MEMBER आयकर अपील सं./I.T.A. Nos. 633 to 640/Ahd/2024 ("नधा"रण वष" / Assessment Years : 2012-13 to 2019-20) बनाम/ DCIT Best Oasis Limited Room No.303, 3rd Floor, Kesar Orion Hindu Colony Vs. Aayakar Bhavan,Ashram Lane Nos, Dadar Eadt, Road, Ahmedabad, Gujarat Mumbai, Maharashtra - - 380009 400014 "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAICB9490J (Appellant) .. (Respondent) Revenue by : Shri Abhay Thakur, CIT.DR & Shri B. P. Srivastava, Sr. DR Assessee by : Shri Tushar H…

Deputy Commissioner of Income -Tax, Central Circle-1(1), Ahmedabad vs. Best Oasis Limited, Mumbai

In the result, the appeal of the Revenue is dismissed

ITA 639/AHD/2024[2018-19]Status: DisposedITAT Ahmedabad25 Feb 2025AY 2018-19

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinha

For Appellant: Shri Tushar Hemani, Sr. Advocate &For Respondent: Shri Abhay Thakur, CIT.DR & Shri B
Section 132Section 153ASection 271ASection 9(1)(i)Section 92(3)Section 92CSection 92D

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, AHMEDABAD BEFORE Ms. SUCHITRA KAMBLE, JUDICIAL MEMBER & SHRI NARENDRA PRASAD SINHA, ACCOUNTANT MEMBER आयकर अपील सं./I.T.A. Nos. 633 to 640/Ahd/2024 ("नधा"रण वष" / Assessment Years : 2012-13 to 2019-20) बनाम/ DCIT Best Oasis Limited Room No.303, 3rd Floor, Kesar Orion Hindu Colony Vs. Aayakar Bhavan,Ashram Lane Nos, Dadar Eadt, Road, Ahmedabad, Gujarat Mumbai, Maharashtra - - 380009 400014 "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAICB9490J (Appellant) .. (Respondent) Revenue by : Shri Abhay Thakur, CIT.DR & Shri B. P. Srivastava, Sr. DR Assessee by : Shri Tushar H…

Deputy Commissioner of Income -Tax, Central Circle-1(1), Ahmedabad vs. Best Oasis Limited, Mumbai

In the result, the appeal of the Revenue is dismissed

ITA 638/AHD/2024[2017-18]Status: DisposedITAT Ahmedabad25 Feb 2025AY 2017-18

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinha

For Appellant: Shri Tushar Hemani, Sr. Advocate &For Respondent: Shri Abhay Thakur, CIT.DR & Shri B
Section 132Section 153ASection 271ASection 9(1)(i)Section 92(3)Section 92CSection 92D

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, AHMEDABAD BEFORE Ms. SUCHITRA KAMBLE, JUDICIAL MEMBER & SHRI NARENDRA PRASAD SINHA, ACCOUNTANT MEMBER आयकर अपील सं./I.T.A. Nos. 633 to 640/Ahd/2024 ("नधा"रण वष" / Assessment Years : 2012-13 to 2019-20) बनाम/ DCIT Best Oasis Limited Room No.303, 3rd Floor, Kesar Orion Hindu Colony Vs. Aayakar Bhavan,Ashram Lane Nos, Dadar Eadt, Road, Ahmedabad, Gujarat Mumbai, Maharashtra - - 380009 400014 "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAICB9490J (Appellant) .. (Respondent) Revenue by : Shri Abhay Thakur, CIT.DR & Shri B. P. Srivastava, Sr. DR Assessee by : Shri Tushar H…

Deputy Commissioner of Income -Tax, Central Circle-1(1), Ahmedabad vs. Best Oasis Limited, Mumbai

In the result, the appeal of the Revenue is dismissed

ITA 637/AHD/2024[2016-17]Status: DisposedITAT Ahmedabad25 Feb 2025AY 2016-17

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinha

For Appellant: Shri Tushar Hemani, Sr. Advocate &For Respondent: Shri Abhay Thakur, CIT.DR & Shri B
Section 132Section 153ASection 271ASection 9(1)(i)Section 92(3)Section 92CSection 92D

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, AHMEDABAD BEFORE Ms. SUCHITRA KAMBLE, JUDICIAL MEMBER & SHRI NARENDRA PRASAD SINHA, ACCOUNTANT MEMBER आयकर अपील सं./I.T.A. Nos. 633 to 640/Ahd/2024 ("नधा"रण वष" / Assessment Years : 2012-13 to 2019-20) बनाम/ DCIT Best Oasis Limited Room No.303, 3rd Floor, Kesar Orion Hindu Colony Vs. Aayakar Bhavan,Ashram Lane Nos, Dadar Eadt, Road, Ahmedabad, Gujarat Mumbai, Maharashtra - - 380009 400014 "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAICB9490J (Appellant) .. (Respondent) Revenue by : Shri Abhay Thakur, CIT.DR & Shri B. P. Srivastava, Sr. DR Assessee by : Shri Tushar H…

DCIT, Central Circle-1(1), Ahmedabad vs. Best Oasis Limited, Mumbai

In the result, the appeal of the Revenue is dismissed

ITA 636/AHD/2024[2015-16]Status: DisposedITAT Ahmedabad25 Feb 2025AY 2015-16

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinha

For Appellant: Shri Tushar Hemani, Sr. Advocate &For Respondent: Shri Abhay Thakur, CIT.DR & Shri B
Section 132Section 153ASection 271ASection 9(1)(i)Section 92(3)Section 92CSection 92D

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, AHMEDABAD BEFORE Ms. SUCHITRA KAMBLE, JUDICIAL MEMBER & SHRI NARENDRA PRASAD SINHA, ACCOUNTANT MEMBER आयकर अपील सं./I.T.A. Nos. 633 to 640/Ahd/2024 ("नधा"रण वष" / Assessment Years : 2012-13 to 2019-20) बनाम/ DCIT Best Oasis Limited Room No.303, 3rd Floor, Kesar Orion Hindu Colony Vs. Aayakar Bhavan,Ashram Lane Nos, Dadar Eadt, Road, Ahmedabad, Gujarat Mumbai, Maharashtra - - 380009 400014 "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAICB9490J (Appellant) .. (Respondent) Revenue by : Shri Abhay Thakur, CIT.DR & Shri B. P. Srivastava, Sr. DR Assessee by : Shri Tushar H…

DCIT, Central Circle-1(1), Ahmedabad vs. Best Oasis Limited, Maharastra

In the result, the appeal of the Revenue is dismissed

ITA 634/AHD/2024[2013-14]Status: DisposedITAT Ahmedabad25 Feb 2025AY 2013-14

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinha

For Appellant: Shri Tushar Hemani, Sr. Advocate &For Respondent: Shri Abhay Thakur, CIT.DR & Shri B
Section 132Section 153ASection 271ASection 9(1)(i)Section 92(3)Section 92CSection 92D

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, AHMEDABAD BEFORE Ms. SUCHITRA KAMBLE, JUDICIAL MEMBER & SHRI NARENDRA PRASAD SINHA, ACCOUNTANT MEMBER आयकर अपील सं./I.T.A. Nos. 633 to 640/Ahd/2024 ("नधा"रण वष" / Assessment Years : 2012-13 to 2019-20) बनाम/ DCIT Best Oasis Limited Room No.303, 3rd Floor, Kesar Orion Hindu Colony Vs. Aayakar Bhavan,Ashram Lane Nos, Dadar Eadt, Road, Ahmedabad, Gujarat Mumbai, Maharashtra - - 380009 400014 "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAICB9490J (Appellant) .. (Respondent) Revenue by : Shri Abhay Thakur, CIT.DR & Shri B. P. Srivastava, Sr. DR Assessee by : Shri Tushar H…

DCIT, Central Circle-1(1), Ahmedabad vs. Best Oasis Limited, Maharastra

In the result, the appeal of the Revenue is dismissed

ITA 633/AHD/2024[2012-13]Status: DisposedITAT Ahmedabad25 Feb 2025AY 2012-13

Bench: Ms. Suchitra Kamble & Shri Narendra Prasad Sinha

For Appellant: Shri Tushar Hemani, Sr. Advocate &For Respondent: Shri Abhay Thakur, CIT.DR & Shri B
Section 132Section 153ASection 271ASection 9(1)(i)Section 92(3)Section 92CSection 92D

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH, AHMEDABAD BEFORE Ms. SUCHITRA KAMBLE, JUDICIAL MEMBER & SHRI NARENDRA PRASAD SINHA, ACCOUNTANT MEMBER आयकर अपील सं./I.T.A. Nos. 633 to 640/Ahd/2024 ("नधा"रण वष" / Assessment Years : 2012-13 to 2019-20) बनाम/ DCIT Best Oasis Limited Room No.303, 3rd Floor, Kesar Orion Hindu Colony Vs. Aayakar Bhavan,Ashram Lane Nos, Dadar Eadt, Road, Ahmedabad, Gujarat Mumbai, Maharashtra - - 380009 400014 "थायी लेखा सं./जीआइआर सं./PAN/GIR No. : AAICB9490J (Appellant) .. (Respondent) Revenue by : Shri Abhay Thakur, CIT.DR & Shri B. P. Srivastava, Sr. DR Assessee by : Shri Tushar H…

Deputy Commissioner of Income -Tax, Central Circle-1(1), Ahmedabad, Gujarat vs. Priya Blue Industries Pvt. Ltd., Gujarat

In the result the appeals filed by the Revenue in ITA No

ITA 324/AHD/2024[2019-20]Status: DisposedITAT Ahmedabad21 Jan 2025AY 2019-20

Bench: Shri T.R. SENTHIL KUMAR (Judicial Member), Shri Narendra Prasad Sinha (Accountant Member)

Section 132Section 143Section 143(3)Section 271ASection 92CSection 92D

…IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD “C” BENCH Before: Shri T.R. SENTHIL KUMAR, Judicial Member And Shri Narendra Prasad Sinha, Accountant Member ITA Nos. 317 to 324/Ahd/2024 Assessment Years. 2012-13 to 2019-20 The DCIT, Priya Blue Industries Central Pvt. Ltd. Circle-1(1), Vs 1563/A, Aashirwad Rupani, Ahmedabad Sardarnagar Road, Bhavnagar, Gujarat-364001 (Appellant) (Respondent) Assessee Represented: Shri Tushar Hemani, Sr. Adv. & Shri Parimalsinh B. Parmar, A.Rs. Revenue Represented: Shri Rignesh Das, Sr.D.R. Date of hearing : 19-12-2024 Date of pronouncement : 21-01-2025 आदेश/ORDER PER…

Deputy Commissioner of Income -Tax, Central Circle 1(1), Ahmedabad vs. Priya Blue Industries Pvt. Ltd, Gujarat

In the result the appeals filed by the Revenue in ITA No

ITA 323/AHD/2024[2018-19]Status: DisposedITAT Ahmedabad21 Jan 2025AY 2018-19

Bench: Shri T.R. SENTHIL KUMAR (Judicial Member), Shri Narendra Prasad Sinha (Accountant Member)

Section 132Section 143Section 143(3)Section 271ASection 92CSection 92D

…IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD “C” BENCH Before: Shri T.R. SENTHIL KUMAR, Judicial Member And Shri Narendra Prasad Sinha, Accountant Member ITA Nos. 317 to 324/Ahd/2024 Assessment Years. 2012-13 to 2019-20 The DCIT, Priya Blue Industries Central Pvt. Ltd. Circle-1(1), Vs 1563/A, Aashirwad Rupani, Ahmedabad Sardarnagar Road, Bhavnagar, Gujarat-364001 (Appellant) (Respondent) Assessee Represented: Shri Tushar Hemani, Sr. Adv. & Shri Parimalsinh B. Parmar, A.Rs. Revenue Represented: Shri Rignesh Das, Sr.D.R. Date of hearing : 19-12-2024 Date of pronouncement : 21-01-2025 आदेश/ORDER PER…

DCIT Central Circle 1(1), Ahmedabad, Gujarat vs. Priya Blue Industries Pvt. Ltd., Gujarat

In the result the appeals filed by the Revenue in ITA No

ITA 322/AHD/2024[2017-18]Status: DisposedITAT Ahmedabad21 Jan 2025AY 2017-18

Bench: Shri T.R. SENTHIL KUMAR (Judicial Member), Shri Narendra Prasad Sinha (Accountant Member)

Section 132Section 143Section 143(3)Section 271ASection 92CSection 92D

…IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD “C” BENCH Before: Shri T.R. SENTHIL KUMAR, Judicial Member And Shri Narendra Prasad Sinha, Accountant Member ITA Nos. 317 to 324/Ahd/2024 Assessment Years. 2012-13 to 2019-20 The DCIT, Priya Blue Industries Central Pvt. Ltd. Circle-1(1), Vs 1563/A, Aashirwad Rupani, Ahmedabad Sardarnagar Road, Bhavnagar, Gujarat-364001 (Appellant) (Respondent) Assessee Represented: Shri Tushar Hemani, Sr. Adv. & Shri Parimalsinh B. Parmar, A.Rs. Revenue Represented: Shri Rignesh Das, Sr.D.R. Date of hearing : 19-12-2024 Date of pronouncement : 21-01-2025 आदेश/ORDER PER…

Deputy Commissioner of Income-Tax, Central Circle 1(1), Gujarat vs. Priya Blue Industries Pvt. Ltd., Gujarat

In the result the appeals filed by the Revenue in ITA No

ITA 321/AHD/2024[2016-17]Status: DisposedITAT Ahmedabad21 Jan 2025AY 2016-17

Bench: Shri T.R. SENTHIL KUMAR (Judicial Member), Shri Narendra Prasad Sinha (Accountant Member)

Section 132Section 143Section 143(3)Section 271ASection 92CSection 92D

…IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD “C” BENCH Before: Shri T.R. SENTHIL KUMAR, Judicial Member And Shri Narendra Prasad Sinha, Accountant Member ITA Nos. 317 to 324/Ahd/2024 Assessment Years. 2012-13 to 2019-20 The DCIT, Priya Blue Industries Central Pvt. Ltd. Circle-1(1), Vs 1563/A, Aashirwad Rupani, Ahmedabad Sardarnagar Road, Bhavnagar, Gujarat-364001 (Appellant) (Respondent) Assessee Represented: Shri Tushar Hemani, Sr. Adv. & Shri Parimalsinh B. Parmar, A.Rs. Revenue Represented: Shri Rignesh Das, Sr.D.R. Date of hearing : 19-12-2024 Date of pronouncement : 21-01-2025 आदेश/ORDER PER…

DCIT Central Circle 1(1), Ahmedabad, Gujarat vs. Priya Blue Industries Pvt. Ltd., Gujarat

In the result the appeals filed by the Revenue in ITA No

ITA 320/AHD/2024[2015-16]Status: DisposedITAT Ahmedabad21 Jan 2025AY 2015-16

Bench: Shri T.R. SENTHIL KUMAR, Judicial Member\nAnd Shri Narendra Prasad Sinha (Accountant Member)

Section 132Section 143Section 143(3)Section 271ASection 92CSection 92D

…IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD “C” BENCH Before: Shri T.R. SENTHIL KUMAR, Judicial Member And Shri Narendra Prasad Sinha, Accountant Member ITA Nos.317 to 324/Ahd/2024 Assessment Years.2012-13 to 2019-20 The DCIT, Central Circle-1(1), Ahmedabad Priya Blue Industries Pvt. Ltd. Vs 1563/A, Aashirwad Rupani, Sardarnagar Road, Bhavnagar, Gujarat-364001 (Appellant) (Respondent) Assessee Represented: Shri Tushar Hemani, Sr. Adv. & Shri Parimalsinh B. Parmar, A.Rs. Revenue Represented: Shri Rignesh Das, Sr.D.R. Date of hearing Date of pronouncement : 19-12-2024 : 21-01-2025 आदेश/ORDER PER BENCH: These gr…

Deputy Commissioner of Income -Tax, Central Circle-1(1), Ahmedabad vs. Priya Blue Industries Pvt. Ltd., Gujarat

In the result the appeals filed by the Revenue in ITA No

ITA 319/AHD/2024[2014-15]Status: DisposedITAT Ahmedabad21 Jan 2025AY 2014-15

Bench: Shri T.R. SENTHIL KUMAR (Judicial Member), Shri Narendra Prasad Sinha (Accountant Member)

Section 132Section 143Section 143(3)Section 271ASection 92CSection 92D

…IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD “C” BENCH Before: Shri T.R. SENTHIL KUMAR, Judicial Member And Shri Narendra Prasad Sinha, Accountant Member ITA Nos. 317 to 324/Ahd/2024 Assessment Years. 2012-13 to 2019-20 The DCIT, Priya Blue Industries Central Pvt. Ltd. Circle-1(1), Vs 1563/A, Aashirwad Rupani, Ahmedabad Sardarnagar Road, Bhavnagar, Gujarat-364001 (Appellant) (Respondent) Assessee Represented: Shri Tushar Hemani, Sr. Adv. & Shri Parimalsinh B. Parmar, A.Rs. Revenue Represented: Shri Rignesh Das, Sr.D.R. Date of hearing : 19-12-2024 Date of pronouncement : 21-01-2025 आदेश/ORDER PER…

Deputy Commissioner of Income -Tax, Central Circle-1(1), Ahmedabad vs. Priya Blue Industries Pvt. Ltd, Gujarat

In the result the appeals filed by the Revenue in ITA No

ITA 318/AHD/2024[2013-14]Status: DisposedITAT Ahmedabad21 Jan 2025AY 2013-14

Bench: Shri T.R. SENTHIL KUMAR, Judicial Member\nAnd Shri Narendra Prasad Sinha (Accountant Member)

Section 132Section 143Section 143(3)Section 271ASection 92CSection 92D

…IN THE INCOME TAX APPELLATE TRIBUNAL AHMEDABAD “C” BENCH Before: Shri T.R. SENTHIL KUMAR, Judicial Member And Shri Narendra Prasad Sinha, Accountant Member ITA Nos.317 to 324/Ahd/2024 Assessment Years.2012-13 to 2019-20 The DCIT, Central Circle-1(1), Ahmedabad (Appellant) Priya Blue Industries Pvt. Ltd. Vs 1563/A, Aashirwad Rupani, Sardarnagar Road, Bhavnagar, Gujarat-364001 (Respondent) Assessee Represented: Shri Tushar Hemani, Sr. Adv. & Shri Parimalsinh B. Parmar, A.Rs. Revenue Represented: Shri Rignesh Das, Sr.D.R. Date of hearing Date of pronouncement : 19-12-2024 : 21-01-2025 आदेश/ORDER PER BENCH:…

ACIT, New Delhi vs. M/S. Mmtc Limited, New Delhi

In the result, the appeal of the department is dismissed

ITA 3378/DEL/2014[2009-10]Status: DisposedITAT Delhi28 Jun 2017AY 2009-10

Bench: Sh. N. K. Saini, Am & Smt. Beena A. Pillai, Jm Ita No. 3378/Del/2014 : Asstt. Year : 2009-10 Asstt. Commissioner Of Income Vs M/S Mmtc Ltd., Tax, Circle-5(1), Core 1, Scope Complex, 7 New Delhi-110002 Institutional Area, Lodhi Road, New Delhi (Appellant) (Respondent) Pan No. Aaacm1433E Assessee By : Sh. Rohit Jain, Adv. & Ms. Deepashree Rao, Ca Revenue By : Sh. Rajesh Kumar, Sr. Dr Date Of Hearing : 24.05.2017 Date Of Pronouncement : 28.06.2017 Order Per N. K. Saini, Am: This Is An Appeal By The Department Against The Order Dated 14.03.2014 Of Ld. Cit(A)-Viii, New Delhi.

For Appellant: Sh. Rohit Jain, Adv. &For Respondent: Sh. Rajesh Kumar, Sr. DR
Section 271GSection 92CSection 92D(1)Section 92E

…IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH ‘E’, NEW DELHI Before Sh. N. K. Saini, AM and Smt. Beena A. Pillai, JM ITA No. 3378/Del/2014 : Asstt. Year : 2009-10 Asstt. Commissioner of Income Vs M/s MMTC Ltd., Tax, Circle-5(1), Core 1, Scope Complex, 7 New Delhi-110002 Institutional Area, Lodhi Road, New Delhi (APPELLANT) (RESPONDENT) PAN No. AAACM1433E Assessee by : Sh. Rohit Jain, Adv. & Ms. Deepashree Rao, CA Revenue by : Sh. Rajesh Kumar, Sr. DR Date of Hearing : 24.05.2017 Date of Pronouncement : 28.06.2017 ORDER Per N. K. Saini, AM: This is an appeal by the department against the order dated 14.03.2…