Case Tracker

SC: SC to hear Revenue's challenge against deletion of TP-adjustment on sourcing activity

SC to hear Revenue's challenge against Delhi HC ruling in the case of assessee (engaged in sourcing of apparels from India for its AE) for AY 2008-09 confirming deletion

Aug 10, 2017

HC: Admits assessee’s appeal against allocation of expenses among segments based on GP-margin

Delhi HC admits assessee’s appeal against ITAT-order directing apportionment of “un-allocable costs" among assessee's 3 segments (viz. marketing support services, trading and domestic) based on gross profit (GP)

Aug 09, 2017

HC: Admits Revenue’s appeal against ITAT-order deleting TP-addition on freight sharing transaction

Bombay HC admits Revenue’s appeal against ITAT order deleting TP addition on assessee’s freight sharing transactions for AY 2005-06; ITAT had accepted new method of profit sharing based

Jul 10, 2017

HC: Admits Deloitte’s appeal challenging concealment penalty on disallowance of marketing cost reimbursement

Bombay HC admits appeal filed by Deloitte Consulting India (assessee) challenging penalty u/s 271(1)(c) on disallowance of reimbursement of marketing cost and denial of Sec. 10A benefit

Jun 16, 2017

HC: Admits appeal concerning dispute on functional characterization as ‘investment advisor’ vis-à-vis ‘merchant banker’

Delhi HC admits assessee’s appeal challenging ITAT-order in the case of Avenue Asia Advisors Pvt. Ltd for AY 2009-10; Frames 3 questions for determination pertaining to characterization of assessee’s

May 31, 2017

HC: Admits appeal on TP-applicability in Sec 10A scenario, frames 4 questions of law

Delhi HC admits assessee’s appeal challenging ITAT-order in the case of Headstrong Services India for AY 2008-09; Frames 4 questions for determination pertaining to TP applicability despite Sec 10A benefit,

May 31, 2017