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6 results for “transfer pricing”+ Section 36(1)(va)clear

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Mumbai82Chandigarh64Delhi55Chennai27Ahmedabad26Hyderabad18Jaipur14Jodhpur10Kolkata7Raipur6Bangalore6Pune4Surat3Lucknow3Cuttack2Cochin1Indore1Visakhapatnam1

Key Topics

Section 143(1)9Section 43B4Section 404Transfer Pricing4Addition to Income4Section 36(1)(va)3Section 270A3Disallowance3Deduction3Penalty

IIFL SAMASTA FINANCE LIMITED ,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-6(1)(1), BANGALORE

In the result, the appeal filed by the assessee is allowed

ITA 1054/BANG/2024[2020-21]Status: DisposedITAT Bangalore27 Sept 2024AY 2020-21
Section 270ASection 270A(7)Section 270A(8)Section 40Section 43

36(1)(va) of the Act treating as under reported\nunder sub section (2) of Section 270A of the Act whereas\ndisallowance of deduction of Health & education cess u/s 37 of the\nAct was considered under reported is in consequence of\nmisreporting of income under section 270A(2) rws 270(9) of the Act.\n5.2 For the purpose of evaluating

TOYOTA BOSHOKU AUTOMOTIVE INDIA PRIVATE LIMITED,BIDADI vs. ASSESSMENT UNIT, INCOME TAX DEPARTMENT OR THE DCIT, CIRCLE - 7(1)(1), KORAMANGALA

3
Section 143(3)2
Section 144C(5)2

In the result, the appeal of the assessee is partly allowed for statistical purposes

ITA 1539/BANG/2024[AY 2020-21]Status: DisposedITAT Bangalore09 May 2025

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

For Appellant: Shri K.R Vasudevan, AdvocateFor Respondent: Ms. Neera Malhotra, CIT (DR)
Section 234ASection 270A

transfer pricing. In holding so, the learned DRP referred various case laws. 21. Being aggrieved by the order of the learned DRP/AO/TPO, the assessee is in appeal before us. 22. The learned AR before us argued that the TPO erred in benchmarking the outstanding receivables as a separate international transaction and proposing an adjustment

ARIBA TECHNOLOGIES INDIA PVT LTD,BENGALURU vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-1(1)(1), BENGALURU

In the result the appeal of the assessee is partly allowed for statistical purposes

ITA 1587/BANG/2024[AY 2020-21]Status: DisposedITAT Bangalore07 Mar 2025

Bench: Shri Waseem Ahmed & Shri Keshav Dubey

For Appellant: Mr. Aliasgar Rampurawala, C.AFor Respondent: Ms. Nandini Das, CIT (DR)
Section 143(3)Section 144C(5)Section 92C

transfer pricing analysis, the purpose is not to compare profit of the tested party with that of the comparables but the purpose is to compare the prices charged by the tested, party with the prices charged by the comparables although when TNMM is adopted as MA.M, the process of such price comparison is by comparing profits of tested party with

MCAFEE SOFTWARE INDIA PRIVATE LIMITED,BENGALURU vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-4(1)(1), BENGALURU

In the result, appeal of the assessee is allowed for statistical purposes

ITA 110/BANG/2024[2017-18]Status: DisposedITAT Bangalore10 May 2024AY 2017-18

Bench: Shri George George K & Shri Waseem Ahmed

For Appellant: Shri. Aliasgar Rampurawala, CAFor Respondent: Shri. Satish Meriga, CIT(DR)(ITAT), Bengaluru
Section 143(1)Section 250Section 25oSection 36(1)(va)Section 40Section 43B

36(1)(va) of the Act 4. Later, the Draft Assessment Order (DAO) was passed on 30.09.2021, wherein the adjustment made u/s 143(1) of the Act was not incorporated. In the draft assessment order, the A.O. had incorporated the T.P. adjustment IT(TP)A No.110/Bang/2024 Page 3 of 9 proposed by the Transfer Pricing Officer (TPO) and disallowance

LOWES SERVICES INDIA PRIVATE LIMITED,BANGALORE vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 4(1)(1),, BANGALORE

In the result, the appeal of the assessee is partly allowed

ITA 1734/BANG/2024[AY 2020-21]Status: DisposedITAT Bangalore08 Sept 2025

Bench: Shri Prashant Maharishi & Shri Keshav Dubeyassessment Year: 2020-21

For Appellant: Shri Chavali Narayan, ARFor Respondent: Dr. Divya K J, CIT(DR)(ITAT), Bengaluru
Section 143(1)Section 143(3)Section 144CSection 144C(13)Section 144C(5)Section 36(1)(va)Section 80G

Transfer pricing issue of interest on overdue receivable remained with upward TP adjustment of Rs.1,98,60,669, deduction claimed u/s. 80G of Rs.76,48,794 and disallowance u/s. 36(1) (va) of Rs.132,825. 11. Ground Nos.1 & 2 are general in nature. No arguments were advanced and therefore the same are dismissed. 12. Ground No.3 is adjustment on account

COMER INDUSTRIES INDIA PRIVATE LIMITED,BANGALORE vs. DCIT, CIRCLE 2(2)(1), BANGALORE, BANGALORE

In the result, the appeal by the assessee is dismissed

ITA 1228/BANG/2025[2017-18]Status: DisposedITAT Bangalore27 Feb 2026AY 2017-18

Bench: Shri Prashant Maharishi & Shri Soundararajan K.Assessment Year : 2017-18

For Appellant: Shri Balasubramanyam, CAFor Respondent: Shri Shivanand Kalakeri, CIT(DR)(ITAT), Bengaluru
Section 139(1)Section 234CSection 263Section 36(1)(va)

Transfer Pricing (TP). This TP adjustment was also subjected to the direction of the ld. DRP. 3. On review of the records, the ld. PCIT found that as per Form 3CD assessee has paid contribution of Rs. Rs.1,21,861 being employees’ contribution towards PF & ESI which were deposited beyond the due dates mentioned in the respective