Ask Jurishour AI

Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
tdb_templates
saswp_reviews
saswp-collections
saswp_rvs_location
tdc-review-email
web-story-font
web-story
googlesitekit_email
tds_locker
tds_email
saswp
mailpoet_page
mailpoet_email
tdcpt_tunes
tdc-review
pronamic_payment
pronamic_gateway
pronamic_pay_subscr
wpcode
HomeDirect TaxRetail/After-Sales Businesses Can’t Be Compared With OEM Wholesale Trading: ITAT Deletes TP...

Retail/After-Sales Businesses Can’t Be Compared With OEM Wholesale Trading: ITAT Deletes TP Adjustments 

Direct Tax

Published on

By Mariya Paliwala
ITAT

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has granted major relief to Astemo India Private Limited (formerly Hitachi Astemo India Pvt. Ltd.) by deleting transfer pricing (TP) adjustments for Assessment Years (AY) 2016–17 and 2017–18, holding that entities engaged in retail and after-sales trading cannot be treated as valid comparables for a…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here
Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

GST

No GST on Assignment of GIDC Leasehold Rights: Gujarat High Court Orders Refund of ITC Reversal With Interest

The Gujarat High Court has held that the assignment of leasehold rights in an...
Company & PMLA

NCLT Can’t Involve ED or CBI in Company Investigation Without Hearing Affected Parties: NCLAT

The National Company Law Appellate Tribunal (NCLAT) has held that the National Company Law...
Indirect Taxes

Personal Customs Penalty Proceedings Against Company Director Abate After His Death: Bombay High Court

The Bombay High Court has declared that customs penalty proceedings initiated against a company...
GST

GST Order Passed Without Hearing Quashed: Madras High Court 

The Madras High Court has set aside a GST assessment order passed under Section...

More like this

GST

No GST on Assignment of GIDC Leasehold Rights: Gujarat High Court Orders Refund of ITC Reversal With Interest

The Gujarat High Court has held that the assignment of leasehold rights in an...
Company & PMLA

NCLT Can’t Involve ED or CBI in Company Investigation Without Hearing Affected Parties: NCLAT

The National Company Law Appellate Tribunal (NCLAT) has held that the National Company Law...
Indirect Taxes

Personal Customs Penalty Proceedings Against Company Director Abate After His Death: Bombay High Court

The Bombay High Court has declared that customs penalty proceedings initiated against a company...