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Direct Tax Cases Monthly Round Up: May 2024

Supreme CourtInterest-Free/Concessional Loans To Bank Employees Taxable As Perquisite : Supreme Court Upholds Rule 3(7)(I) Of Income Tax RulesCase Name- All India Bank Officers Confederation Vs The. ....

West Bengal , India General , Uttar Pradesh , New Delhi , State Of Jharkhand , Satish Kumar Bansal Huf , Livelaw Jha , Balkrishna Barsha Sutar , Deepak Kumar Acharya , Justice Dipankar Datta , Justice Sanjiv Khanna , Kumar Nayyar , Bukaka Teknik Utama , Manoj Parmar , Rahul Sachan , Akhilesh Singh , Sarfarazs Furniturewalla , Sahjanwah Gorakhpur , Ambady Krishna Menon , Ravindra Pratap Shahi , Cg Power And Industrial Solutions Ltd Vs , Central Public Works Department , Confederation Vs , Kerala High Court , Hindustan Export Import Corporation Private Limited , Supreme Court ,

Impact Of Working Capital Adjustment On Outstanding Trade Receivable Must Be Verified Before Making ALP Adjustment Qua Notional Interest: Ahmedabad ITAT

The Ahmedabad ITAT remitted the issue of transfer pricing adjustment regarding interest on overdue trade receivables in case of entity engaged in manufacturing of pharmaceutical products, while. ....

Parin Shah , Enterprises Aes , International Transaction , Suchitra Kamble , Judicial Member , Waseem Ahmed , Accountant Member , Transfer Pricing Officer , Length Price , Transaction Net Margin Method ,

Direct Taxes Weekly Round-Up: 19 To 25 May 2024

Delhi High CourtAssessee Can t Be Obstructed From Availing DTVSV Act Benefits Even When Limitation Period For Appeal Hasn t Expired: Delhi High CourtCase Title: PT Bukaka Teknik Utama Versus. ....

New Delhi , Uttar Pradesh , West Bengal , Tamil Nadu , Devki Nandan Maheshwari , Bukaka Teknik Utama , Kumar Nayyar , Deepak Kumar Acharya , Ambady Krishna Menon , Manoj Parmar , Sahjanwah Gorakhpur , Bombay High Court , Delhi High Court , Industrial Solutions Ltd , Calcutta High Court , Punjab Haryana High Court , Central Public Works Department , Computer Modelling Group Ltd Vs , Kolkata Versusms Vamshi Chemicals Ltd , Cg Power And Industrial Solutions Ltd Vs , Haryana High Court , Orissa High Court , Allahabad High Court , Conferencecall Services India Pvt , Kerala High Court , Delhi Television Limited Versus Dispute Resolution Panel ,

Once TPO Passed Order, AO Obliged To Pass An Assessment Order In Accordance With Section 92CA(4): Delhi High Court

The Delhi High Court has held that once the Transfer Pricing Officer (TPO) had proceeded to pass the order of October 17, 2017, all that the AO was obliged to do was pass an assessment order in. ....

Justice Purushaindra Kumar Kaurav , Sachit Jolly , Justice Yashwant Varma , Delhi High Court , Resolution Panel , Transfer Pricing Officer , Income Tax , Assessing Officer , Transfer Pricing , Dispute Resolution Panel , Income Tax Appellate Tribunal , Income Tax Act , For Petitioner ,

AO Is Not Clothed With Powers To Ascertain ALP Of Any International Transaction: Delhi High Court

The Delhi High Court has held that AO is not clothed with the powers to ascertain the Arm s Length Price (ALP) of any international transaction.The bench of Justice Yashwant Varma and Justice. ....

Justice Yashwant Varma , Deepak Chopra , Justice Purushaindra Kumar Kaurav , Delhi High Court , Length Price , Income Tax Act , Income Tax Return , Transfer Pricing Officer , Income Tax , For Petitioner , International Transaction ,