Search: transfer pricing | BharatTax

Search ITAT High Courts Supreme Court Phrases AI Research History

Filters

Sort by

Assessment Year

Order Date From

Order Date To

Judge Name

BharatTax.net

Free search engine for ITAT (Income Tax Appellate Tribunal) judgments across all 28 benches in India.

Quick Links

Search Judgments
Browse by Bench
Recent Judgments

About

BharatTax provides free access to Income Tax Appellate Tribunal orders for legal research and reference.

© 2026 BharatTax.net. All rights reserved.

150 results for “transfer pricing”+ Addition to Incomeclear

Sorted by relevance

Delhi5,365 Mumbai5,196 Bangalore2,006 Chennai1,094 Kolkata1,007 Ahmedabad810 Pune806 Hyderabad760 Jaipur480 Karnataka448 Chandigarh324 Surat299 Indore285 Cochin232 Visakhapatnam150 Rajkot131 Cuttack89 Nagpur84 Lucknow79 Telangana75 Raipur71 Calcutta68 SC61 Amritsar58 Agra35 Guwahati35 Jodhpur34 Dehradun34 Jabalpur17 Ranchi16 Allahabad12 Varanasi12 Kerala11 Panaji11 Rajasthan10 Patna10 Orissa6 A.K. SIKRI ROHINTON FALI NARIMAN4 Punjab & Haryana3 Andhra Pradesh2 T.S. THAKUR ROHINTON FALI NARIMAN1 D.K. JAIN JAGDISH SINGH KHEHAR1

Key Topics

Section 143(3)129 Addition to Income49 Section 92C45 Section 143(2)38 Section 153A30 Section 26329 Section 14826 Transfer Pricing25 Section 80I22

LEWEK ALTAIR SHIPPING PRIVATE LIMITED,KAKINADA vs. DCIT, CIRCLE-1, KAKINADA

In the result, appeal filed by the assessee is allowed

ITA 41/VIZ/2022[2017-18]Status: DisposedITAT Visakhapatnam14 Jul 2023AY 2017-18

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble

For Appellant: Sri Jitendra Singh, ARFor Respondent: Sri ON Hari Prasada Rao

Section 115VSection 139(5)Section 143(2)Section 143(3)Section 144CSection 92CSection 92E

income by the assessee. We therefore direct the Ld. TPO / Ld. AO to delete the additions made on account of Transfer Pricing

Showing 1–20 of 150 · Page 1 of 8

...

Section 143(1)20

THE DY. CIT,, VISAKHAPATNAM vs. M/S. SNF (INDIA) LIMITED,, VISAKHAPATNAM

In the result, appeals filed by the Revenue and the Cross objections filed by the assessee are dismissed

ITA 280/VIZ/2017[2008-2009]Status: DisposedITAT Visakhapatnam04 Oct 2019AY 2008-2009

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

For Appellant: Shri Ajit Kumar Jain – ARFor Respondent: Smt. Suman Malik – Sr.DR

income filed by the assessee are as under:- (rupees in crores) Operating revenue : 48.90 Operating costs : 41.68 Operating profit : 7.2 OP/OR : 14.76% OP/OC : 17.32% 4.3 The tax payer has conducted the transfer pricing study and searched for the comparables by using ‘Prowess’ data base in search of comparables applying various key words and after applying certain filters, the tax payer

THE DY. CIT,, VISAKHAPATNAM vs. M/S. SNF (INDIA) LIMITED,, VISAKHAPATNAM

In the result, appeals filed by the Revenue and the Cross objections filed by the assessee are dismissed

ITA 279/VIZ/2017[2007-2008]Status: DisposedITAT Visakhapatnam04 Oct 2019AY 2007-2008

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Ble

For Appellant: Shri Ajit Kumar Jain – ARFor Respondent: Smt. Suman Malik – Sr.DR

income filed by the assessee are as under:- (rupees in crores) Operating revenue : 48.90 Operating costs : 41.68 Operating profit : 7.2 OP/OR : 14.76% OP/OC : 17.32% 4.3 The tax payer has conducted the transfer pricing study and searched for the comparables by using ‘Prowess’ data base in search of comparables applying various key words and after applying certain filters, the tax payer

OCEAN INDIA PVT. LTD.,,VISAKHAPATNAM vs. THE ACIT,, VISAKHAPATNAM

In the result, appeal filed by the assessee is allowed

ITA 150/VIZ/2016[2011-12]Status: DisposedITAT Visakhapatnam23 Nov 2020AY 2011-12

Bench: Shri V. Durga Rao, Hon’Ble & Shri D.S. Sunder Singh, Hon’Blei.T. (T.P.) A. No. 150/Viz/2016 (Asst. Year : 2011-12) M/S. Teejay India Pvt. Ltd. Vs. The Acit, Circle-5(1), (Formerly Known As Ocean Visakhapatnam. India Pvt. Ltd.), Plot No. 15, Brandix India Apparel City Pvt. Ltd. Sez, Pudimadaka Road, Atchutapuram, Visakhapatnam. Pan No. Aaaco 9452 H (Appellant) (Respondent)

For Appellant: Shri Ajith Tolani/For Respondent: Shri D.K.Sonowal, CIT(DR)

Section 143(3)Section 92C(3)

Income-tax Rules, 1962, ('the Rules'); 3.2. Rejecting the Comparable Uncontrolled Price method ('CUP') as the most appropriate method, as applied by the Appellant in its transfer pricing documentation for both the purchase and sales transactions; 3.3. Disregarding the conditions prescribed under section 92C(3) of the Act for determining the arm's length price for international transaction in relation

TEEJAY INDIA PRIVATE LIMITED,VISAKHAPATNAM vs. ASSISTANT COMMISSIONER OF INCOME TAX, DC/AC 4(1), VISAKHAPATNAM

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

ITA 152/VIZ/2021[2016-17]Status: DisposedITAT Visakhapatnam23 Jan 2023AY 2016-17

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Ble

For Appellant: Sri Darpan Kirpalani CAFor Respondent: Sri MN Murthy Naik, CIT-DR

Section 10ASection 142(1)Section 143(2)Section 143(3)Section 36(1)(va)Section 92C

Additional Commissioner of Income Tax (Transfer Pricing), 3 Hyderabad on 10/12/2018 after obtaining due approval of the Ld. Pr. CIT-2, Visakhapatnam

ARUNACHALAM MANICKAVEL,PROP: BHARATHI SOAP WORKS, 1ST LANE,,GUNTUR vs. THE ACIT, CIRCLE - 2(1),, GUNTUR

In the result, appeals of the assessee for the A

ITA 174/VIZ/2014[2010-11]Status: DisposedITAT Visakhapatnam20 Mar 2019AY 2010-11

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singh

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri D.K.Sonowal, CIT DR

Section 132Section 143(3)Section 153A

price of raw material consumed is net of CENVAT, which is in the region of 12% to 15% . Thus, , gross profit reflected in its trading account is arrived after taking into account the CENVAT credit. For unaccounted purchases/trading purchases, there would be no CENVAT credit and hence gross profit percentage would be reduced by the amount of CENVAT credit

MYNENI VENKATA RAO,,VISAKHAPATNAM vs. THE ACIT,, VISAKHAPATNAM

In the result, appeals of the assessee for the A

ITA 130/VIZ/2015[2008-09]Status: DisposedITAT Visakhapatnam20 Mar 2019AY 2008-09

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singh

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri D.K.Sonowal, CIT DR

Section 132Section 143(3)Section 153A

price of raw material consumed is net of CENVAT, which is in the region of 12% to 15% . Thus, , gross profit reflected in its trading account is arrived after taking into account the CENVAT credit. For unaccounted purchases/trading purchases, there would be no CENVAT credit and hence gross profit percentage would be reduced by the amount of CENVAT credit

ARUNACHALAM MANICKAVEL,PROP: BHARATHI SOAP WORKS, 1ST LANE,,GUNTUR vs. THE ACIT, CIRCLE - 2(1),, GUNTUR

In the result, appeals of the assessee for the A

ITA 169/VIZ/2014[2005-06]Status: DisposedITAT Visakhapatnam20 Mar 2019AY 2005-06

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singh

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri D.K.Sonowal, CIT DR

Section 132Section 143(3)Section 153A

price of raw material consumed is net of CENVAT, which is in the region of 12% to 15% . Thus, , gross profit reflected in its trading account is arrived after taking into account the CENVAT credit. For unaccounted purchases/trading purchases, there would be no CENVAT credit and hence gross profit percentage would be reduced by the amount of CENVAT credit

ARUNACHALAM MANICKAVEL,PROP: BHARATHI SOAP WORKS, 1ST LANE,,GUNTUR vs. THE ACIT, CIRCLE - 2(1),, GUNTUR

In the result, appeals of the assessee for the A

ITA 171/VIZ/2014[2007-08]Status: DisposedITAT Visakhapatnam20 Mar 2019AY 2007-08

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singh

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri D.K.Sonowal, CIT DR

Section 132Section 143(3)Section 153A

price of raw material consumed is net of CENVAT, which is in the region of 12% to 15% . Thus, , gross profit reflected in its trading account is arrived after taking into account the CENVAT credit. For unaccounted purchases/trading purchases, there would be no CENVAT credit and hence gross profit percentage would be reduced by the amount of CENVAT credit

ARUNACHALAM MANICKAVEL,PROP: BHARATHI SOAP WORKS, 1ST LANE,,GUNTUR vs. THE ACIT, CIRCLE - 2(1),, GUNTUR

In the result, appeals of the assessee for the A

ITA 168/VIZ/2014[2004-05]Status: DisposedITAT Visakhapatnam20 Mar 2019AY 2004-05

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singh

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri D.K.Sonowal, CIT DR

Section 132Section 143(3)Section 153A

price of raw material consumed is net of CENVAT, which is in the region of 12% to 15% . Thus, , gross profit reflected in its trading account is arrived after taking into account the CENVAT credit. For unaccounted purchases/trading purchases, there would be no CENVAT credit and hence gross profit percentage would be reduced by the amount of CENVAT credit

ARUNACHALAM MANICKAVEL,PROP: BHARATHI SOAP WORKS, 1ST LANE,,GUNTUR vs. THE ACIT, CIRCLE - 2(1),, GUNTUR

In the result, appeals of the assessee for the A

ITA 173/VIZ/2014[2009-10]Status: DisposedITAT Visakhapatnam20 Mar 2019AY 2009-10

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singh

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri D.K.Sonowal, CIT DR

Section 132Section 143(3)Section 153A

price of raw material consumed is net of CENVAT, which is in the region of 12% to 15% . Thus, , gross profit reflected in its trading account is arrived after taking into account the CENVAT credit. For unaccounted purchases/trading purchases, there would be no CENVAT credit and hence gross profit percentage would be reduced by the amount of CENVAT credit

ARUNACHALAM MANICKAVEL,PROP: BHARATHI SOAP WORKS, 1ST LANE,,GUNTUR vs. THE ACIT, CIRCLE - 2(1),, GUNTUR

In the result, appeals of the assessee for the A

ITA 170/VIZ/2014[2006-07]Status: DisposedITAT Visakhapatnam20 Mar 2019AY 2006-07

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singh

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri D.K.Sonowal, CIT DR

Section 132Section 143(3)Section 153A

price of raw material consumed is net of CENVAT, which is in the region of 12% to 15% . Thus, , gross profit reflected in its trading account is arrived after taking into account the CENVAT credit. For unaccounted purchases/trading purchases, there would be no CENVAT credit and hence gross profit percentage would be reduced by the amount of CENVAT credit

ARUNACHALAM MANICKAVEL,PROP: BHARATHI SOAP WORKS, 1ST LANE,,GUNTUR vs. THE ACIT, CIRCLE - 2(1),, GUNTUR

In the result, appeals of the assessee for the A

ITA 172/VIZ/2014[2008-09]Status: DisposedITAT Visakhapatnam20 Mar 2019AY 2008-09

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singh

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri D.K.Sonowal, CIT DR

Section 132Section 143(3)Section 153A

price of raw material consumed is net of CENVAT, which is in the region of 12% to 15% . Thus, , gross profit reflected in its trading account is arrived after taking into account the CENVAT credit. For unaccounted purchases/trading purchases, there would be no CENVAT credit and hence gross profit percentage would be reduced by the amount of CENVAT credit

THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2,, VISAKHAPATNAM vs. SRI VIJAYA VISAKHA MILK PRODUCERS COMPANY LIMITED,, VISAKHAPATNAM

In the result, Cross Objections filed by the assessee are dismissed as infructuous

ITA 244/VIZ/2020[2012-13]Status: DisposedITAT Visakhapatnam30 Nov 2023AY 2012-13

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. Nos. 243 & 244/Viz/2020 ("नधा"रणवष"/ Assessment Year : 2011-12 & 2012-13) Assistant Commissioner Of Vs. M/S. Sri Vijaya Visakha Milk Income Tax, Producers Company Limited, Central Circle-2, Visakhapatnam. Visakhapatnam. Pan: Aajcs 7398 P (अपीलाथ"/ Appellant) (""यथ"/ Respondent) Co Nos. 18 & 19/Viz/2023 (In आयकरअपीलसं./ I.T.A. No.243 & 244/Viz/2020 ("नधा"रणवष"/ Assessment Year : 2011-12 & 2012-13)

For Appellant: Sri GVN Hari, ARFor Respondent: Dr. Satyasai Rath, CIT-DR

Section 143(2)Section 143(3)Section 581E

income of the assessee. Further, on verification of the submissions, the Ld. AO also noticed that the assessee company 5 has debited an amount of Rs. 146,06,81,638/- to the P & L Account towards withheld price against the procurement of milk and kept the said amount as a liability in the balance sheet. It was explained

THE ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-2, , VISAKHAPATNAM vs. SRI VIJAYA VISAKHA MILK PRODUCERS COMPANY LIMITED, , VISAKHAPATNAM

In the result, Cross Objections filed by the assessee are dismissed as infructuous

ITA 243/VIZ/2020[2011-12]Status: DisposedITAT Visakhapatnam30 Nov 2023AY 2011-12

Bench: Shri Duvvuru Rl Reddy, Hon’Ble & Shri S Balakrishnan, Hon’Bleआयकरअपीलसं./ I.T.A. Nos. 243 & 244/Viz/2020 ("नधा"रणवष"/ Assessment Year : 2011-12 & 2012-13) Assistant Commissioner Of Vs. M/S. Sri Vijaya Visakha Milk Income Tax, Producers Company Limited, Central Circle-2, Visakhapatnam. Visakhapatnam. Pan: Aajcs 7398 P (अपीलाथ"/ Appellant) (""यथ"/ Respondent) Co Nos. 18 & 19/Viz/2023 (In आयकरअपीलसं./ I.T.A. No.243 & 244/Viz/2020 ("नधा"रणवष"/ Assessment Year : 2011-12 & 2012-13)

For Appellant: Sri GVN Hari, ARFor Respondent: Dr. Satyasai Rath, CIT-DR

Section 143(2)Section 143(3)Section 581E

income of the assessee. Further, on verification of the submissions, the Ld. AO also noticed that the assessee company 5 has debited an amount of Rs. 146,06,81,638/- to the P & L Account towards withheld price against the procurement of milk and kept the said amount as a liability in the balance sheet. It was explained

ASSISTANT COMMISSIONER OF INCOME, CIRCLE-1(1),, GUNTUR vs. M/S CCL PRODUCTS(INDIA) LIMITED, GUNTUR

In the result, appeal of the revenue is dismissed

ITA 348/VIZ/2018[2014-15]Status: DisposedITAT Visakhapatnam03 Apr 2019AY 2014-15

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.348/Viz/2018 (ननधधारण वर्ा/ Assessment Year:2014-15) Dcit, Circle-1(1) Vs. M/S Ccl Products (India) Guntur Pvt. Ltd. Duggirala Post & Mandal Guntur [Pan : Aaacc9552G] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent) अपीलधथी की ओर से/ Appellant By : Shri D.K.Sonowal, Dr प्रत्यधथी की ओर से/ Respondent By : Shri Ramesh Babu, Ar सुनवधई की तधरीख / Date Of Hearing : 20.03.2019 घोर्णध की तधरीख/Date Of Pronouncement : 03 .04.2019

For Appellant: Shri D.K.Sonowal, DRFor Respondent: Shri Ramesh Babu, AR

Section 92BSection 92C

Income Tax Act, 1961 (in short ‘Act’) for determination of Arms Length Price(ALP). The TPO made the study of transfer pricing document and found that an amount of Rs.10,21,81,783/- was due from Associated Enterprises (AEs) at the end of the year. The TPO requested for breakup and reconciliation of the receivables outstanding and opening balances

GVR POWER & INFRASTRUCTURE LIMITED,KADIYAM vs. ACIT, CIRCLE - 2(1), RAJAHMUNDRY

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

ITA 530/VIZ/2017[2013-14]Status: DisposedITAT Visakhapatnam18 May 2018AY 2013-14

Bench: Shri V. Durga Rao & Shri D.S. Sunder Singh

For Appellant: Shri Deba Kumar Sonowal

transfer pricing officer found GVK Power & Infrastructure Ltd., Jegurupadu that the assessee has receivables of Rs.7,32,97,465/- as at the end of the year. The TPO requested the assessee to submit the details of raising the invoice and subsequent receipt of the amount and also called for an explanation as to why notional interest should not be charged

M/S. MAHATI SOFTWARE PVT. LTD.,VISAKHAPATNAM vs. THE ACIT,, VISAKHAPATNAM

In the result, appeals of the assessee are partly allowed

ITA 68/VIZ/2017[2012-2013]Status: DisposedITAT Visakhapatnam07 Sept 2018AY 2012-2013

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.67/Viz/2016 & 68/Viz/2017 (निर्धारण वर्ा/Assessment Year:2011-12 & 2012-13) M/S Mahati Software Pvt. Ltd. Vs. Asst. Commissioner Of D.No.10-27-14A Income Tax Sivam, Kailashmetta Circle-3(1) Waltair Visakhapatnam Visakhapatnam [Pan : Aadcm9620J] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri Deba Kumar Sonowal, DR

Section 10ASection 143(3)Section 144Section 144C(1)Section 194JSection 40

Income Tax / [(Transfer Pricing Officer (TPO)]-1, Hyderabad dated27.01.2015and 30.01.2016 for the assessment year 2011-12 and 2012-13 respectively u/s 143(3) r.w.s.144C(13) of the 2 I.T.A Nos.67/Viz/2016& 68/Viz/2017 M/s Mahati Software Pvt. Ltd., Visakhapatnam Act. Since the issues involved in both the appeal are common, both the appeal are clubbed and heard together and disposed

MAHATI SOFTWARE PVT LTD.,,VISAKHAPATNAM vs. THE ACIT,, VISAKHAPATNAM

In the result, appeals of the assessee are partly allowed

ITA 67/VIZ/2016[20011-12]Status: DisposedITAT Visakhapatnam07 Sept 2018

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singhआयकर अपील सं./I.T.A.No.67/Viz/2016 & 68/Viz/2017 (निर्धारण वर्ा/Assessment Year:2011-12 & 2012-13) M/S Mahati Software Pvt. Ltd. Vs. Asst. Commissioner Of D.No.10-27-14A Income Tax Sivam, Kailashmetta Circle-3(1) Waltair Visakhapatnam Visakhapatnam [Pan : Aadcm9620J] (अपीलार्थी/ Appellant) (प्रत्यर्थी/ Respondent)

For Appellant: Shri G.V.N.Hari, ARFor Respondent: Shri Deba Kumar Sonowal, DR

Section 10ASection 143(3)Section 144Section 144C(1)Section 194JSection 40

Income Tax / [(Transfer Pricing Officer (TPO)]-1, Hyderabad dated27.01.2015and 30.01.2016 for the assessment year 2011-12 and 2012-13 respectively u/s 143(3) r.w.s.144C(13) of the 2 I.T.A Nos.67/Viz/2016& 68/Viz/2017 M/s Mahati Software Pvt. Ltd., Visakhapatnam Act. Since the issues involved in both the appeal are common, both the appeal are clubbed and heard together and disposed

LEWEK ALTAIR SHIPPING PRIVATE LIMITED,KAKINADA vs. DCIT, CIRCLE-1,, KAKINADA

In the result, the appeals of the assessee are partly allowed for statistical purpose

ITA 559/VIZ/2017[2013-14]Status: DisposedITAT Visakhapatnam10 Oct 2018AY 2013-14

Bench: Shri V. Durga Rao& Shri D.S. Sunder Singh

For Appellant: Shri Jitendra Singh, ARFor Respondent: Shri Debakumar Sonowala

Section 143(3)Section 92C

Income Tax Act, 1961 (hereinafter called as „Act‟) to determine the Arms Length Price( ALP in short). The 3 I.T.A. No.93/Viz/2017 and 559/Viz/2017 M/s Lewek Altair Shipping Pvt. Ltd., Kakinada assessee paid the Bareboat Charter Rentals to its Associate Enterprise (AE) for an amount of Rs.43,35,50,310/- and ship management services of Rs.23,18,30,814 and worked