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16 results for “transfer pricing”+ Section 153Bclear

Sorted by relevance

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Key Topics

Section 143(3)26Section 144C16Section 27412Section 92C11Addition to Income10Section 115J9Section 1569Section 1478Transfer Pricing8

QUBIX BUSINESS PARK PRIVATE LIMITED,PUNE vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-8, PUNE, PUNE

In the result, Ground No.2 of the assessee is allowed for statistical purpose

ITA 1994/PUN/2024[2020-21]Status: DisposedITAT Pune06 Jan 2025AY 2020-21

Bench: DR.DIPAK P. RIPOTE (Accountant Member), SHRI VINAY BHAMORE (Judicial Member)

Section 115JSection 143(3)Section 144BSection 144C(13)Section 144C(5)Section 80

153B, pass the assessment order under sub- section (3) within one month from the end of the month in which,— (a) the acceptance is received; or (b) the period of filing of objections under sub-section (2) expires. (5) The Dispute Resolution Panel shall, in a case where any objection is received under sub-section (2), issue such directions

Section 1327
Penalty5
Penny Stock3

CUMMINS INDIA LIMITED,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 1(1),, PUNE

In the result, the appeal is allowed for statistical purposes

ITA 236/PUN/2022[2017-18]Status: DisposedITAT Pune28 Sept 2022AY 2017-18

Bench: Shri R.S. Syal & Shri S.S.Viswanethra Raviआयकर अपील सं. / Ita Nos.338/Pun/2021 & 236/Pun/2022 "नधा"रण वष" / Assessment Years : 2016-17 & 2017-18

Section 143(3)Section 144CSection 144C(13)Section 144C(5)Section 153Section 153B

Transfer Pricing Officer or any other authority; and records relating to the draft order. This shows that the direction is issued by the DRP after giving full opportunity of hearing to the assessee, which is further ostensible from sub-section (11), unequivocally providing to that extent, by stating that no direction under sub-section (5) shall be issued unless

CUMMINS INDIA LIMITED,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 1(1),, PUNE

In the result, the appeal is allowed for statistical purposes

ITA 338/PUN/2021[2016-17]Status: DisposedITAT Pune28 Sept 2022AY 2016-17

Bench: Shri R.S. Syal & Shri S.S.Viswanethra Raviआयकर अपील सं. / Ita Nos.338/Pun/2021 & 236/Pun/2022 "नधा"रण वष" / Assessment Years : 2016-17 & 2017-18

Section 143(3)Section 144CSection 144C(13)Section 144C(5)Section 153Section 153B

Transfer Pricing Officer or any other authority; and records relating to the draft order. This shows that the direction is issued by the DRP after giving full opportunity of hearing to the assessee, which is further ostensible from sub-section (11), unequivocally providing to that extent, by stating that no direction under sub-section (5) shall be issued unless

ACIT,CIR.-1,, AURANGABAD vs. SKODA AUTO INDIA PVT. LTD.,, AURANGABAD

In the result, appeal of the assessee in ITA No

ITA 714/PUN/2011[2005-06]Status: DisposedITAT Pune02 Jul 2019AY 2005-06

Bench: Shri R.S.Syal, Vp & Shri Partha Sarathi Chaudhury, Jm आयकर अपीऱ सं. / Ita No.714/Pun/2011 नििाारण वषा / Assessment Year : 2005-06 The Assistant Commissioner Of Income Tax, Circle-1, Aurangabad. .......अऩीऱाथी / Appellant बिाम / V/S. Skoda Auto India Pvt. Ltd. Plot No.A1/1, Shendra Five Star Industrial Area, Midc, Aurangabad-431 201 Pan :Aaecs3749M ……प्रत्यथी / Respondent

For Appellant: Shri Nikhil Pathak &For Respondent: Shri Avadhesh Kumar, CIT

Transfer Pricing Officer (TPO) to determine the arm's length price of international transactions undertaken by the assessee. The TPO vide order passed under section 92CA(3) of the Act dated 24.01.2014 applied CUP method and determined the arm's length price of international transactions of payment of service fees at Nil as against Rs.3,45,55,434/- determined

SKODA AUTO INDIA PVT. LTD.,,AURANGABAD vs. ASSISTANT COMMISSIONER OF INCOME-TAX,, PUNE

In the result, appeal of the assessee in ITA No

ITA 546/PUN/2014[2009-10]Status: DisposedITAT Pune02 Jul 2019AY 2009-10

Bench: Shri R.S.Syal, Vp & Shri Partha Sarathi Chaudhury, Jm आयकर अपीऱ सं. / Ita No.714/Pun/2011 नििाारण वषा / Assessment Year : 2005-06 The Assistant Commissioner Of Income Tax, Circle-1, Aurangabad. .......अऩीऱाथी / Appellant बिाम / V/S. Skoda Auto India Pvt. Ltd. Plot No.A1/1, Shendra Five Star Industrial Area, Midc, Aurangabad-431 201 Pan :Aaecs3749M ……प्रत्यथी / Respondent

For Appellant: Shri Nikhil Pathak &For Respondent: Shri Avadhesh Kumar, CIT

Transfer Pricing Officer (TPO) to determine the arm's length price of international transactions undertaken by the assessee. The TPO vide order passed under section 92CA(3) of the Act dated 24.01.2014 applied CUP method and determined the arm's length price of international transactions of payment of service fees at Nil as against Rs.3,45,55,434/- determined

M/S. VISHAY COMPONENTS INDIA PRIVATE LIMITED,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX, CIRCLE - 13,, PUNE

In the result, the appeal is partly allowed

ITA 128/PUN/2020[2015-16]Status: DisposedITAT Pune25 May 2021AY 2015-16

Bench: Shri R.S. Syal & Shri S.S. Viswanethra Raviआयकर अपील सं. / Ita No.128/Pun/2020 िनधा"रण वष" / Assessment Year : 2015-16

Section 143(3)Section 144C(13)Section 153BSection 154Section 3Section 40Section 92C

transfer pricing addition of Rs.10.22 crore vide his order dated 2 M/s. Vishay Components India Private Limited 31-10-2018. The draft order was notified on 21-12-2018 incorporating the said adjustment. Thereafter, the assessee moved rectification application u/s.154 of the Act before the TPO, who vide his order dated 30-07-2019 concluded that : “As a result

ASSISTANT COMMISSIONER OF INCOME-TAX vs. SANDVIK ASIA PVT. LTD.,, PUNE

In the result, appeal of assessee is allowed and appeal of Revenue is dismissed

ITA 607/PUN/2014[2009-10]Status: DisposedITAT Pune26 Mar 2018AY 2009-10

Bench: Ms. Sushma Chowla, Jm & Shri D. Karunakara Rao, Am आयकर अपीऱ सं. / Ita No.607/Pun/2014 यििाारण वषा / Assessment Year : 2009-10 The Asst. Commissioner Of Income Tax, अऩीऱाथी/Appellant Circle – 10, Pune …. Vs. M/S. Sandvik Asia Pvt. Ltd., Mumbai-Pune Highway, Dapodi, …. प्रत्यथी / Respondent Pune - 411012 Pan: Aaccs6638K

For Appellant: Shri Nikhil PathakFor Respondent: Shri Rajeev Kumar, CIT
Section 143(3)Section 144CSection 156Section 271(1)(c)Section 274Section 92C

Transfer Pricing Officer (TPO) under section 92CA(1) of the Act and the TPO passed the order under section 92CA(3) of the Act, dated 29.01.2013, wherein he proposed an upward adjustment of ₹ 56,12,71,932/- in respect of distribution segment, ₹ 12,42,71,340/- in respect of Management service fees payment and ₹ 39,72,50,242/-, totaled

SANDVIK ASIA PRIVATE LIMITED,,PUNE vs. ASSISTANT COMMISSIONER OF INCOME-TAX,, PUNE

In the result, appeal of assessee is allowed and appeal of Revenue is dismissed

ITA 465/PUN/2014[2009-10]Status: DisposedITAT Pune26 Mar 2018AY 2009-10

Bench: Ms. Sushma Chowla, Jm & Shri D. Karunakara Rao, Am आयकर अपीऱ सं. / Ita No.607/Pun/2014 यििाारण वषा / Assessment Year : 2009-10 The Asst. Commissioner Of Income Tax, अऩीऱाथी/Appellant Circle – 10, Pune …. Vs. M/S. Sandvik Asia Pvt. Ltd., Mumbai-Pune Highway, Dapodi, …. प्रत्यथी / Respondent Pune - 411012 Pan: Aaccs6638K

For Appellant: Shri Nikhil PathakFor Respondent: Shri Rajeev Kumar, CIT
Section 143(3)Section 144CSection 156Section 271(1)(c)Section 274Section 92C

Transfer Pricing Officer (TPO) under section 92CA(1) of the Act and the TPO passed the order under section 92CA(3) of the Act, dated 29.01.2013, wherein he proposed an upward adjustment of ₹ 56,12,71,932/- in respect of distribution segment, ₹ 12,42,71,340/- in respect of Management service fees payment and ₹ 39,72,50,242/-, totaled

M/S. EATON INDUSTRIAL SYSTEMS PVT. LTD.,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, appeal of assessee is allowed

ITA 536/PUN/2014[2009-10]Status: DisposedITAT Pune12 Apr 2018AY 2009-10

Bench: Ms. Sushma Chowla, Jm & Shri Anil Chaturvedi, Am आयकर अपीऱ सं. / Ita No.536/Pun/2014 यििाारण वषा / Assessment Year : 2009-10 M/S. Eaton Industrial Systems Pvt. Ltd., 145, Off Mumbai Pune Road, अऩीऱाथी/Appellant Pimpri, Pune – 411018 …. Pan: Aabce4955C Vs. The Dy. Commissioner Of Income Tax, …. प्रत्यथी / Respondent Circle – 8, Pune

For Appellant: Shri Vishal KalraFor Respondent: Shri Rajeev Kumar, CIT
Section 143(3)Section 144CSection 156Section 271(1)(c)Section 274Section 92C

Transfer Pricing Officer (TPO) under section 92CA(1) of the Act, who in turn, passed order under section 92CA(3) of the Act, dated 28.01.2013 proposing an upward adjustment of ₹ 21,36,68,000/- to the international transactions of manufacturing business in respect of the truck components unit and an adjustment of ₹ 77,78,613/- to the international transactions

KOHLER POWER (I) P LTD (EARLIER KNOWN AS LOMBARDINI INDIA PVT. LTD.,),AURANGABAD vs. ASSISTANT COMMISSIONER OF INCOME-TAX,, AURANGABAD

In the result, appeal of the assessee in ITA No

ITA 2467/PUN/2016[2009-10]Status: DisposedITAT Pune26 Aug 2019AY 2009-10

Bench: Shri R.S.Syal, Vp & Shri Partha Sarathi Chaudhury, Jm आयकर अपीऱ सं. / Ita No. 2467/Pun/2016 नििाारण वषा / Assessment Year : 2009-10

For Appellant: Shri Rajendra AgiwalFor Respondent: Smt. Mugdha Sardeshpande, JCIT
Section 143(2)Section 143(3)Section 144CSection 156Section 274Section 92C

Transfer Pricing Officer (TPO) to determine the arm's length price of international transactions undertaken by the assessee. The TPO vide order passed under section 92CA(3) of the Act dated 24.01.2014 applied CUP method and determined the arm's length price of international transactions of payment of service fees at Nil as against Rs.3,45,55,434/- determined

WIKA INSTRUMENTS INDIA PRIVATE LIMITED,PUNE vs. THE DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE-12, PUNE

In the result, appeal of the Assessee is partly allowed

ITA 2767/PUN/2024[2021-22]Status: DisposedITAT Pune03 Jun 2025AY 2021-22

Bench: Dr.Manish Borad & Shri Vinay Bhamoreआयकर अपील सं. / Ita No.2767/Pun/2024 िनधा"रण वष" / Assessment Year: 2021-22 Wika Instruments India V The Dcit, Private Limited, S. Circle-12, Pune. Hi-Cliff Industrial Estate, Kesnand, Pune – 412207. Maharashtra. Pan: Aaacw2665A Appellant/ Assessee Respondent / Revenue Assessee By Shri Nikhil Mutha – Ar Revenue By Shri Prakash L Pathade – Cit-Dr Date Of Hearing 05/03/2025 Date Of Pronouncement 03/06/2025 आदेश/ Order Per Vinay Bhamore, Jm: This Is An Appeal Filed By The Assessee Against The Assessment Order Under Section 143(3) R.W.S 144C(13) Of The Act, Dated 25.10.2024 To Give Effect To The Order Of The Dispute Resolution Panel(Drp) Passed U/S.144C(5) Of The Act, Dated 26.09.2024 Emanating From Draft Assessment Order Under Section 144C(1) Of

Section 143(1)Section 143(3)Section 144C(1)Section 144C(11)Section 144C(5)

153B, the assessment without providing any further opportunity of being heard to the assessee, within one month from the end of the month in which such direction is received.” 2.5 Thus, as per the Section 144C, which is applicable in the case of the assessee, the Assessing Officer has to first issue a draft Assessment Order specifying the proposed additions

M/S. EATON FLUID POWER LTD.,,PUNE vs. DEPUTY COMMISSIONER OF INCOME-TAX,,

In the result, appeal of the assessee is partly allowed

ITA 535/PUN/2014[2009-10]Status: DisposedITAT Pune25 Apr 2018AY 2009-10

Bench: Shri D.Karunakara Rao, Am & Shri Vikas Awasthy, Jm आयकर आयकर अपील आयकर आयकर अपील अपील संसंसंसं. / Ita No. 535/Pun/2014 अपील िनधा"रण िनधा"रण वष" िनधा"रण िनधा"रण वष" वष" / Assessment Year : 2009-10 वष"

For Appellant: Shri Vishal KalraFor Respondent: Shri Rajeev Kumar, CIT
Section 144CSection 144C(1)Section 156Section 271(1)(c)Section 274Section 92C

Transfer Pricing Officer (TPO) u/s. 92CA(1) of the Act, who in turn, passed an order dated 24-01-2013 u/s. 92CA(3) of the Act, proposing total adjustments of Rs.344,308,840/-. The AO thereafter, passed draft assessment order dated 26-03-2013 u/s.143(3) r.w.s. 144C(1) of the Act. Ld. AR for the assessee referring

DCIT CIRCLE 1 NASHIK, NASHIK vs. SHREE SAI PROPERTIES, NASHIK

In the result, appeal of the Revenue is dismissed

ITA 987/PUN/2025[2014-15]Status: DisposedITAT Pune27 Jan 2026AY 2014-15

Bench: Dr. Manish Borad & Shri Vinay Bhamore

For Appellant: Shri Subodh Ratnaparkhi, CAFor Respondent: Shri Amit Bobde, CIT
Section 132Section 143(2)Section 143(3)Section 147Section 148Section 250

153B and 153C of the Act and recourse of regular proceedings are barred. [para 64] Therefore, as the Hon’ble Delhi High Court has interpreted the decisions in Shyam Sunder Khandelwal (supra) and VSL Mining Company Private Limited (supra) as above, it would be incorrect for a lower forum to hold another view. 3.10 It is pertinent to mention here

ASSISTANT COMMISSIONER OF INCOME TAX, JALGAON vs. SIDHARTH RATANLAL BAFNA, JALGAON

In the result, all the above 6 appeals filed by the Revenue are dismissed and

ITA 1565/PUN/2024[2018-19]Status: DisposedITAT Pune27 Oct 2025AY 2018-19

Bench: Shri R. K. Panda & Ms Astha Chandra

For Appellant: S/Shri Suchek Anchaliya andFor Respondent: Shri Amit Bobde, CIT
Section 10(38)Section 132Section 143(3)Section 147Section 148Section 153A

153B was made on 30.11.2016. Since 4 years from the end of the relevant year has not expired in this case, the only requirement to initiate proceeding u/s147 is reason to believe which has been recorded above. (Refer paragraphs from 2 to Paragraph 6 above). It is pertinent to mention here that in this case an assessment was made

ASSISTANT COMMISSIONER OF INCOME TAX, JALGAON vs. SIDHARTH RATANLAL BAFNA, JALGAON

In the result, all the above 6 appeals filed by the Revenue are dismissed and

ITA 1555/PUN/2024[2013-14]Status: DisposedITAT Pune27 Oct 2025AY 2013-14

Bench: Shri R. K. Panda & Ms Astha Chandra

For Respondent: S/Shri Suchek Anchaliya and
Section 10(38)Section 132Section 143(3)Section 147Section 148Section 153A

153B was made on 30.11.2016. Since 4 years from the end of the relevant year has not expired in this case, the only requirement to initiate proceeding u/s147 is reason to believe which has been recorded above. (Refer paragraphs from 2 to Paragraph 6 above). It is pertinent to mention here that in this case an assessment was made

DEPUTY COMMISSIONER OF INCOME TAX, JALGAON vs. TARADEVI RATANLAL BAFNA, JALGAON

In the result, all the above 6 appeals filed by the Revenue are dismissed and

ITA 497/PUN/2025[2013-14]Status: DisposedITAT Pune27 Oct 2025AY 2013-14

Bench: Shri R. K. Panda & Ms Astha Chandra

For Appellant: S/Shri Suchek Anchaliya andFor Respondent: Shri Amit Bobde, CIT
Section 10(38)Section 132Section 143(3)Section 147Section 148Section 153A

153B was made on 30.11.2016. Since 4 years from the end of the relevant year has not expired in this case, the only requirement to initiate proceeding u/s147 is reason to believe which has been recorded above. (Refer paragraphs from 2 to Paragraph 6 above). It is pertinent to mention here that in this case an assessment was made