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…
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
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.
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