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160 results for “transfer pricing”+ Section 144C(13)clear

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Key Topics

Section 143(3)132Transfer Pricing70Addition to Income50Section 92C48Section 144C(5)41Comparables/TP41Section 14A36Disallowance31Section 144C

GANESAN KANNAN,THOOTHUKUDI vs. ITI, INTERNATIONAL TAXATION WARD, THOOTHUKUDI

In the result, appeal filed by the assessee is allowed

ITA 698/CHNY/2024[2018-19]Status: DisposedITAT Chennai23 Aug 2024AY 2018-19

Bench: Shri Mahavir Singh, Hon’Ble & Shri S. R. Raghunatha, Hon’Bleआयकर अपीलसं./Ita No.: 698/Chny/2024 िनधा"रण वष" / Assessment Year: 2018-19

For Appellant: Shri. N. Arjun Raj, AdvocateFor Respondent: Shri. Sanjay Gandhi, Addl. CIT
Section 144C(1)Section 144C(8)Section 147Section 148Section 148A

transfer pricing adjustments have been made under sub-section (3) of section 92CA of the Act, the Assessing Officer {AO) is required to forward a draft assessment order to the eligible assessee, if he proposed to make any variation in the :-12-: ITA. No:698/Chny/2024 income or loss returned which is prejudicial to the interest of such assessee. Such eligible

Showing 1–20 of 160 · Page 1 of 8

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23
TP Method19
Section 4016
Section 14714

CONFERENCECALL SERVICES INDIA PRIVATE LTD,BANGALORE vs. DCIT, CORPORATE CIRCLE -1(2), CHENNAI

In the result, appeal filed by the assessee is allowed

ITA 319/CHNY/2018[2013-14]Status: DisposedITAT Chennai10 May 2024AY 2013-14

Bench: Shri Aby T. Varkey & Shri Jagadishआयकर अपील सं./Ita No.319/Chny/2018 िनधा"रणवष"/Assessment Year: 2013-14 V. M/S.Conferencecall – The Dy. Commissioner- Services India Pvt. Ltd., Of Income Tax, Rmz Titanium, No.135, 1St Floor, Corporate Circle-1(2), Old Airport Road, Chennai. Bangalore-560 017. [Pan: Aaccc 6574 A] (अपीलाथ"/Appellant) (""यथ"/Respondent)

For Appellant: Shri Soumen Adhak (Virtual)For Respondent: Shri A. Sasikumar, CIT
Section 143(3)Section 144C(13)

Transfer Pricing Officers tend to take a conservative view. The correction of such view takes very long time with the existing appellate structure. With a view to provide speedy disposal, it is proposed to amend the Income-tax Act so as to create an alternative dispute resolution mechanism within the Income-tax Department and accordingly, section 144C has been proposed

EATON POWER QUALITY PRIVATE LIMITED,PUDUCHERRY vs. THE DEPUTY COMMISSIONER OF INCOME TAX, PUDUCHERRY

In the result, appeal filed by the assessee is allowed

ITA 231/CHNY/2025[2021-22]Status: DisposedITAT Chennai18 Dec 2025AY 2021-22

Bench: Shri Aby T. Varkey & Shri Amitabh Shukla

For Appellant: Mr.Vishal Kalra, AdvocateFor Respondent: Mr. ARV Sreenivasan, CIT
Section 143Section 143(3)Section 144CSection 144C(1)Section 144C(13)Section 153Section 153(1)Section 92C

Transfer Pricing Officers tend to take a conservative view. The correction of such view takes very long time with the existing appellate structure. With a view to provide speedy disposal, it is proposed to amend the Income-tax Act so as to create an alternative dispute resolution mechanism within the Income-tax Department and accordingly, section 144C has been proposed

EATON POWER QUALITY PRIVATE LIMITED,PONDICHERRY vs. DCIT, PONDICHERRY

In the result, appeal filed by the assessee is treated as allowed for statistical purposes

ITA 1010/CHNY/2017[2012-13]Status: DisposedITAT Chennai03 May 2023AY 2012-13

Bench: Shri Mahavir Singh, Hon’Ble & Shri Manjunatha. G, Hon’Bleआयकर अपील सं./Ita No.: 1010/Chny/2017 िनधा"रण वष" / Assessment Year: 2012-13 Eaton Power Quality Private The Deputy Commissioner Of Limited, V. Income Tax, No.2, Evr Street Sedarapet, Pondicherry Circle, Puducherry 605 111, Pondicherry. Puducherry (Ut). [Pan: Aacc-6943-R] आयकर अपील सं./It(Tp)A No.: 35/Chny/2021 िनधा"रण वष" / Assessment Year: 2016-17 Eaton Power Quality Private The Assessing Officer, Limited, V. National E-Assessment Centre, No.2, Evr Street Sedarapet, Delhi. Puducherry 605 111, Puducherry (Ut). [Pan: Aacc-6943-R] (अपीलाथ"/Appellant) (""यथ"/Respondent) अपीलाथ" क" ओर से/Appellant By : Shri. Vishal Kalra, Advocate : Shri. S. Maruthu Pandian, Cit ""यथ" क" ओर से/Respondent By सुनवाई क" तारीख/Date Of Hearing : 01.05.2023 घोषणा क" तारीख/Date Of Pronouncement : 03.05.2023 आदेश /O R D E R

For Appellant: Shri. Vishal Kalra, Advocate
Section 143(3)Section 144C(5)Section 37(1)Section 92C

Section 144C(13). An assessment involving issues of transfer pricing is thus measured by limitation at every step. 23. On the question

AALAYA JEWEL INDUSTRY PRIVATE LIMITED,COIMBATORE vs. ACIT, COIMBATORE

In the result, the appeals of the assessee in ITA

ITA 971/CHNY/2017[2013-14]Status: DisposedITAT Chennai05 Apr 2018AY 2013-14

Bench: Shri N.R.S. Ganesan & Shri Abraham P George

For Appellant: Miss S.Deepa, C.A ""For Respondent: Mrs.Ruby George, CIT, D.R
Section 144CSection 144C(2)Section 144C(4)Section 249(3)Section 253(5)Section 92C

Transfer Pricing Officer passed under sub-section (3) of section 92CA ; and (ii) any foreign company.” Vide sub-section (2) of above Section and eligible assessee has an option to file, either his acceptance of the variation proposed in the draft assessment order to the ld. Assessing Officer, or if he objects to file objections. If he chooses to file

AALAYA JEWEL INDUSTRY PRIVATE LIMITED,COIMBATORE vs. ACIT, COIMBATORE

In the result, the appeals of the assessee in ITA

ITA 970/CHNY/2017[2013-14]Status: DisposedITAT Chennai05 Apr 2018AY 2013-14

Bench: Shri N.R.S. Ganesan & Shri Abraham P George

For Appellant: Miss S.Deepa, C.A ""For Respondent: Mrs.Ruby George, CIT, D.R
Section 144CSection 144C(2)Section 144C(4)Section 249(3)Section 253(5)Section 92C

Transfer Pricing Officer passed under sub-section (3) of section 92CA ; and (ii) any foreign company.” Vide sub-section (2) of above Section and eligible assessee has an option to file, either his acceptance of the variation proposed in the draft assessment order to the ld. Assessing Officer, or if he objects to file objections. If he chooses to file

YCH LOGISTICS (INDIA) PRIVATE LIMITED,KANCHEEPURAM vs. DCIT, CHENNAI

In the result, the appeal of the assessee is allowed

ITA 322/CHNY/2016[2011-12]Status: DisposedITAT Chennai20 Jul 2022AY 2011-12

Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwal

For Appellant: Shri Ajit Kumar Jain, CAFor Respondent: Dr. S.Palani Kumar, CIT
Section 10ASection 143(3)Section 144CSection 144C(5)Section 92C

Transfer Pricing Officer and the TPO has passed order u/s.92CA of the Act dated 14.01.2015vide C.R. No.Y-603/TPO 3(2)/A.Y.2011-12, in which the TPO has recommended downward adjustment of Rs.7,40,95,333/- incurred to Management Support Services received from its Associated Enterprises YCH, Singapore. Thereafter the DCIT, Corporate Circle 3(2), Chennai passed draft assessment order u/s.143

L & T THALES TECHNOLOGY SERVICES PRIVATE LIMITED,CHENNAI vs. DCIT, CHENNAI

In the result, appeal of the assessee is treated as allowed for statistical purpose

ITA 1663/CHNY/2015[2008-09]Status: DisposedITAT Chennai23 Nov 2016AY 2008-09

Bench: Shri N.R.S. Ganesan & Shri Abraham P. George] आयकर अपील सं./I.T.A. No. 1663/Mds/2015 "नधा"रण वष" /Assessment Year : 2008-2009. L & T Thales Technology Services Vs. The Deputy Commissioner Of Private Limited, Income Tax, (Formerly Known As Thales Corporate Circle 4(1) Software India Pvt Ltd) Chennai 600 034. Rr Tower, 8Th Floor, Sidco Industrial Estate, Guindy, Chennai 600 032. [Pan Aacct 4657M] (अपीलाथ"/Appellant) (""यथ"/Respondent)

For Appellant: Shri. D.N. Kar, CIT, DR
Section 144CSection 144C(13)Section 153Section 92C

13) of the Act could be applied. This is because, as mentioned by us at para 6 above, ld. DRP had never issued any direction to ld. Assessing Officer under Sub-section (5) of Sec. 144C of the Act. That directions issued by the ld. DRP were to the ld. TPO, is clear from the notings

DCIT, CHENNAI vs. PARRYWARE ROCA PVT. LTD., CHENNAI

In the result, I.T.A. Nos

ITA 1169/CHNY/2014[2009-10]Status: DisposedITAT Chennai18 Dec 2015AY 2009-10

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita No.586/Mds/2014 & आयकर अपील सं./Ita No.610/Mds/2015 "नधा"रण वष" / Assessment Years : 2009-10 & 2010-11

For Appellant: Shri Raghunathan Sampath, AdvocateFor Respondent: Dr. Milind Madhukar Bhusari, CIT

Transfer Pricing Officer or Dispute Resolution Panel, this Tribunal is of the considered opinion that the matter needs to be re-examined. Accordingly, the orders of the Assessing Officer are set aside and the Assessing Officer shall refer the matter again to the Dispute Resolution Panel. The Dispute Resolution Panel shall examine the agreement between the parties and other transactions

ROCA BATHROOM PRODUCTS PRIVATE LIMITED,CHENNAI vs. JCIT, CHENNAI

In the result, I.T.A. Nos

ITA 586/CHNY/2014[2009-10]Status: DisposedITAT Chennai18 Dec 2015AY 2009-10

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamonyआयकर अपील सं./Ita No.586/Mds/2014 & आयकर अपील सं./Ita No.610/Mds/2015 "नधा"रण वष" / Assessment Years : 2009-10 & 2010-11

For Appellant: Shri Raghunathan Sampath, AdvocateFor Respondent: Dr. Milind Madhukar Bhusari, CIT

Transfer Pricing Officer or Dispute Resolution Panel, this Tribunal is of the considered opinion that the matter needs to be re-examined. Accordingly, the orders of the Assessing Officer are set aside and the Assessing Officer shall refer the matter again to the Dispute Resolution Panel. The Dispute Resolution Panel shall examine the agreement between the parties and other transactions

PANASONIC CORPORATION,HARYANA vs. DCIT, CHENNAI

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

ITA 1483/CHNY/2017[2013-14]Status: DisposedITAT Chennai02 Aug 2018AY 2013-14

Bench: Shri N.R.S. Ganesan & Shri A. Mohan Alankamony

For Appellant: Shri R.K. Kapoor, FCAFor Respondent: Shri M. Sreenivasa Rao, CIT

144C(1) of the order instead of passing an order in conformity with the order of the Transfer Pricing Officer as provided under Section 92CA(4) of the Act. 21. Now, coming to merit of the appeal, the Assessing Officer disallowed the claim of the assessee only on the ground that the assessee received assessee fee for technical service

COOK INDIA MEDICAL DEVICES PRIVATE LIMITED,CHENNAI vs. DCIT CORPORATE CIRCLE 1(2), CHENNAI

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

ITA 3137/CHNY/2017[2013-14]Status: DisposedITAT Chennai01 May 2017AY 2013-14

Bench: Shri George Mathan & Shri S. Jayaramanआयकर अपील सं./Ita No.3137/Chny/2017 "नधा"रण वष" /Assessment Year: 2013-14

Section 143(3)Section 144CSection 144C(5)Section 92C

144C(5) of the Act (“impugned order”) inter-alia on the following grounds: In the facts and circumstances of the case and in law: 1. The impugned order and directions of the Hon’ble DRP are based on incorrect appreciation of facts and wrong interpretation of law and therefore, are bad in law. 2. The Ld. AO has erred

DCIT, CHENNAI vs. SIVA VENTURES LTD., CHENNAI

In the result, the assessee’s appeals in ITA No 1392/2016 for the

ITA 1075/CHNY/2014[2009-10]Status: DisposedITAT Chennai21 Jan 2020AY 2009-10

Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaraman

Section 250(6)

Transfer Pricing Officer (TPO), who passed an order under section 92CA(3) of the Act on January 24, 2013. The AO further proceeded to complete the assessment and passed the impugned Draft Assessment Order on March 28, 2013 incorporating the adjustment suggested by the TPO and forwarded a copy to the assessee . The assessee filed its objections before the Dispute

SIVA INDUSTRIES AND HOLDINGS LIMITED,CHENNAI vs. DCIT, CHENNAI

In the result, the assessee’s appeals in ITA No 1392/2016 for the

ITA 1973/CHNY/2016[2010-11]Status: HeardITAT Chennai21 Jan 2020AY 2010-11

Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaraman

Section 250(6)

Transfer Pricing Officer (TPO), who passed an order under section 92CA(3) of the Act on January 24, 2013. The AO further proceeded to complete the assessment and passed the impugned Draft Assessment Order on March 28, 2013 incorporating the adjustment suggested by the TPO and forwarded a copy to the assessee . The assessee filed its objections before the Dispute

DCIT, CHENNAI vs. SIVA VENTURES LTD., CHENNAI

In the result, the assessee’s appeals in ITA No 1392/2016 for the

ITA 1421/CHNY/2016[2008-2009]Status: DisposedITAT Chennai21 Jan 2020AY 2008-2009

Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaraman

Section 250(6)

Transfer Pricing Officer (TPO), who passed an order under section 92CA(3) of the Act on January 24, 2013. The AO further proceeded to complete the assessment and passed the impugned Draft Assessment Order on March 28, 2013 incorporating the adjustment suggested by the TPO and forwarded a copy to the assessee . The assessee filed its objections before the Dispute

DCIT, CHENNAI vs. SIVA VENTURES LIMITED, CHENNAI

In the result, the assessee’s appeals in ITA No 1392/2016 for the

ITA 663/CHNY/2015[2010-11]Status: DisposedITAT Chennai21 Jan 2020AY 2010-11

Bench: Shri Duvvuru Rl Reddy & Shri S. Jayaraman

Section 250(6)

Transfer Pricing Officer (TPO), who passed an order under section 92CA(3) of the Act on January 24, 2013. The AO further proceeded to complete the assessment and passed the impugned Draft Assessment Order on March 28, 2013 incorporating the adjustment suggested by the TPO and forwarded a copy to the assessee . The assessee filed its objections before the Dispute

M/S. DORLING KINDERSLEY INDIA PVT. LTD.,NEW DELHI vs. ITO, NEW DELHI

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

ITA 1022/DEL/2016[2007-08]Status: DisposedITAT Chennai06 Jul 2022AY 2007-08

Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwal

For Appellant: Shri Vikram VijayaraghavanFor Respondent: Shri D. Hema Bhupal, JCIT
Section 143(3)Section 144CSection 144C(1)Section 144cSection 153

transfer pricing provisions. No doubt, to the clause under which the assessee comes. For this, he relied on the decision of Hon’ble Supreme Court in the case of CCE v. Ratan Melting and Wire Industries [2008] 231 ELT 22. 10. We have heard rival contentions and gone through facts and circumstances of the case. We have gone through

DEPUTY COMMISSIONER OF INCOMETAX, CHENNAI vs. SAINT - GOBAIN INDIA PRIVATE LIMITED, CHENNAI

In the result, the assessee succeeds

ITA 1672/CHNY/2024[2016-17]Status: DisposedITAT Chennai18 Dec 2025AY 2016-17

Bench: Shri Aby T. Varkey & Shri Jagadish

For Appellant: Mr.Vikram VijayaraghavanFor Respondent: Ms.E. Pavuna Sundari, CIT
Section 115JSection 143(3)Section 144C(1)Section 153Section 153(1)Section 153(4)Section 92C

transfer pricing adjustment would be non-est. Consequently, the assessee would cease to be an eligible assessee as defined u/s 144C(15)(b) of the Act and therefore, the machinery provisions of Section 144C of the Act would not get triggered in the assessee’s case. In such a scenario, the assessment in the case of the assessee ought

SAINT-GOBAIN INDIA PRIVATE LIMITED,CHENNAI vs. DCIT NCC 8(1), CHENNAI

In the result, the assessee succeeds

ITA 1505/CHNY/2024[2016-17]Status: DisposedITAT Chennai18 Dec 2025AY 2016-17

Bench: Shri Aby T. Varkey & Shri Jagadish

For Appellant: Mr.Vikram VijayaraghavanFor Respondent: Ms.E. Pavuna Sundari, CIT
Section 115JSection 143(3)Section 144C(1)Section 153Section 153(1)Section 153(4)Section 92C

transfer pricing adjustment would be non-est. Consequently, the assessee would cease to be an eligible assessee as defined u/s 144C(15)(b) of the Act and therefore, the machinery provisions of Section 144C of the Act would not get triggered in the assessee’s case. In such a scenario, the assessment in the case of the assessee ought

KELLER GROUND ENGINEERING INDIA PRIVATE LTD,CHENNAI vs. ACIT, CORPORATE CIRCLE 4(2), CHENNAI

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

ITA 114/CHNY/2018[2012-13]Status: DisposedITAT Chennai21 Oct 2022AY 2012-13

Bench: Shri Mahavir Singhand Shri Manoj Kumar Aggarwal

For Appellant: Shri Sriram Seshadhri, CAFor Respondent: Shri D. Hema Bhupal, JCIT
Section 143(1)Section 143(2)Section 143(3)Section 144CSection 156Section 92C

Transfer Pricing Officer and the TPO has passed order u/s.92CA of the Act dated 14.01.2015vide C.R. No.Y-603/TPO 3(2)/A.Y.2011-12, in which the TPO has recommended downward adjustment of Rs.7,40,95,333/- incurred to Management Support Services received from its Associated Enterprises YCH, Singapore. Thereafter the DCIT, Corporate Circle 3(2), Chennai passed draft assessment order u/s.143