DEUTSCHE INDIA PVT. LTD.(EARLIER KNOWN AS 'DBOI GLOBAL SERVICES PVT. LTD.),MUMBAI vs. ACIT-1(3)(1), MUMBAI

In the result, the appeal by the assessee is partly allowed for 16

Bench: Shri Amarjit Singh & Shri Sandeep Singh Karhail

transfer pricing adjustment. Accordingly, in view of the above, grounds no.1 and 2 raised in assessee’s appeal are dismissed as withdrawn. 4. The issue arising in Corporate Tax grounds no.(a) and (b), raised in assessee’s appeal, pertains to the denial of deduction claimed under section 80G of the Act on Corporate Social Responsibility (“CSR”) expenses. 5

GOLDMAN SACHS (INDIA) SECURITEIS PRIVATE LIMITED,MUMBAI vs. ADD/JT/DY/ASST/CIT/ITO/NFAC, DELHI

sections": [ "143(3)", "144C(13)", "144B", "144C(5)", "253(1)", "92CA", "40A(7)", "37(1)", "43B", "43B(f)", "36(1)(va)", "80G", "80G(1)(ii)", "80G(2)(iiihk)", "80G(2)(iiihl)", "115P", "234C", "234B", "270A", "139(1)", "135 of the Companies Act, 2013", "Chapter VIA" ], "issues": "The primary issues involved were transfer pricing

JEWELEX INDIA PRIAVTE LIMITED,MUMBAI vs. DCIT CIRCLE-14(1)(1), MUMBAI

In the result, the appeal of the assessee is allowed

Bench: Shri Narender Kumar Choudhry & Shri Prabhash Shankarjewelex India Private V/S. Deputy Commissioner Of Limited बनाम Income Tax, Circle – 401 Trade Centre, Bandra 14(1)(1), Aayakar Bhavan, Kurla Complex, Bandra Maharishi Karve Marg, (East), Mumbai – 400 098, Mumbai – 400 020, Maharashtra Maharashtra स्थायी लेखा सं./जीआइआर सं./Pan/Gir No: Aabcj4523H Appellant/अपीलार्थी .. Respondent/प्रतिवादी

5) of the Companies Act are also eligible for deduction/s 80G of Ericsson India Global Services Pvt. Ltd. v. DCIT the Act subject to satisfying the requisite conditions prescribed for deduction u/s 80G of the Act. For this purpose, the issue is remanded to the file of AO to examine the same whether the payments satisfy the claim of donation

ICICI SECURITIES LIMITED,MUMBAI vs. PRINCIPAL COMMISSIONER OF INCOME TAX, MUMBAI -4, MUMBAI

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

Bench: SHRI AMIT SHUKLA (Judicial Member), SMT RENU JAUHRI (Accountant Member)

price of shares and did not result in any real outflow or accrued liability. The failure of the Assessing Officer to examine the factual and legal sustainability of the claim under section 37(1) was treated as a serious lapse. (4) In so far as the deduction under section 80G amounting to ₹7,22,00,000/- was concerned, the learned

TATA CONSULTANCY SERVICES LIMITED ,MUMBAI vs. DEPUTY COMMISSIONER OF INCOMETAX 3(4), MUMBAI

In the result, appeals of both, revenue and assessee are partly allowed for all the three assessment years

Bench: Shri Pawan Singh & Shri Girish Agrawal

5 & 9 of the income- tax Act, 1961, thus establishing that the liability to deduct tax at source under section 195 arase which the assessee failed to discharge?" 13. "Whether on facts and in circumstances of the case and in law, the Ld. CITIA) erred in deleting the disallowance of claim of deduction under section 10AA in respect of interest

FIRMENICH AROMATICS PRODUCTION (INDIA) PRIVATE LIMITED,MUMBAI vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 1(3)(1), MUMBAI

In the result, both the appeals of the assessee are partly allowed

Transfer Pricing\nOfficer has compared the price charged to non-AEs located in India with\nthe price charged to AEs in foreign countries. Therefore, the AEs and non-\nAEs being situated in different geographical locations, there may be\nvarious factors/reasons which could have influenced the price charged\nby the assessee to the AEs and non-AEs. Hence, the price charged

RELIANCE INDUSTRIES LTD.,MUMBAI vs. ACIT CIRCLE 3(4), MUMBAI

In the result, both the appeals of the assessee and both the appeals of the revenue are treated as partly allowed

Bench: Shri B.R. Baskaran (Am) & Shri Pavan Kumar Gadale (Jm)

80G of the Act in respect of donations given under Corporate Social Responsibility. e) Disallowance under section 42(1)(b) in respect of KG-DWN-98/3 (KGD6 bloc) and Coal Bed Methane Sohagpur (CBM). 28 Reliance Industries Ltd. AY 2017-18 & 2018-19 f) Disallowance of foreign tax credit u/s 90(1)(a)(ii) relating to income eligible for deduction