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

ITC Mismatch Demand Quashed Over Incomplete Notice And Inadequate Hearing: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), State Bench at Thane, has set...
Indirect Taxes

E-Governance Portal Services Not OIDAR, Fixed Deposit Interest Not Taxable: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has set aside...
Columns

Merchants Seek UPI MDR Rollout Delay To January 2027 Over Fee Confusion And Festive Sales Concerns

Merchant associations, fintech companies and payment service providers have urged the National Payments Corporation...
GST

Credit Notes Must Reduce Turnover for Export Refund Calculation: GSTAT Upholds Rs. 2.79 Lakh Refund Despite Time-Barred Adjustment

The Goods and Services Tax Appellate Tribunal (GSTAT), Kolkata Bench, has held that credit...

More like this

GST

ITC Mismatch Demand Quashed Over Incomplete Notice And Inadequate Hearing: GSTAT

The Goods and Services Tax Appellate Tribunal (GSTAT), State Bench at Thane, has set...
Indirect Taxes

E-Governance Portal Services Not OIDAR, Fixed Deposit Interest Not Taxable: CESTAT

The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi, has set aside...
Columns

Merchants Seek UPI MDR Rollout Delay To January 2027 Over Fee Confusion And Festive Sales Concerns

Merchant associations, fintech companies and payment service providers have urged the National Payments Corporation...