ITAT Deletes ₹3.88 Crore Transfer Pricing Addition Against Inductotherm India, Rebukes DRP for Ignoring Binding Precedents

Team Law Notify Commissions, Forums & Tribunals May 28, 2026

Income Tax Appellate Tribunal (ITAT) Law Notify.in

May 27, 2026 : The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has granted significant relief to Inductotherm (India) Pvt. Ltd. by deleting a transfer pricing adjustment of ₹3.88 crore for the Assessment Year 2020-21, while also criticizing Read more…

ITAT Delhi Quashes Oracle India Assessment as Time-Barred, Holds DRP Route Cannot Extend Limitation Under Section 153

Team Law Notify Commissions, Forums & Tribunals January 30, 2026

LN, January 28, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed the final assessment order passed against Oracle India Private Limited for Assessment Year 2007–08, holding that the order was barred by limitation despite Read more…

ITAT Delhi Quashes Assessment for Wrongful Use of DRP Procedure in Absence of TPO Adjustment

Team Law Notify Commissions, Forums & Tribunals January 29, 2026

January 29, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed the final assessment order passed against PHI Seeds Pvt. Ltd. for Assessment Year 2012–13, holding that the Dispute Resolution Panel (DRP) mechanism under Section Read more…

ITAT Delhi Quashes Coca Cola India Assessments as Time-Barred, Holds DRP Process Cannot Override Section 153 Limitation

Team Law Notify Commissions, Forums & Tribunals January 24, 2026

January 24, 2026 : The Income Tax Appellate Tribunal has quashed multiple final assessment orders passed against Coca Cola India Inc., holding that they were barred by limitation under the Income Tax Act, 1961. The Delhi Bench ruled that the Read more…

ITAT Delhi: DRP Route Does Not Extend Limitation; Orders Beyond Section 153 Time Barred

Team Law Notify Commissions, Forums & Tribunals

January 23, 2026 : The Delhi Bench of the Income Tax Appellate Tribunal has held that final assessment orders passed under the Dispute Resolution Panel (DRP) mechanism must adhere to the overall limitation period prescribed under Section 153 of the Read more…

Law Notify

Tag: Section 144C

ITAT Deletes ₹3.88 Crore Transfer Pricing Addition Against Inductotherm India, Rebukes DRP for Ignoring Binding Precedents

ITAT Delhi Quashes Oracle India Assessment as Time-Barred, Holds DRP Route Cannot Extend Limitation Under Section 153

ITAT Delhi Quashes Assessment for Wrongful Use of DRP Procedure in Absence of TPO Adjustment

ITAT Delhi Quashes Coca Cola India Assessments as Time-Barred, Holds DRP Process Cannot Override Section 153 Limitation

ITAT Delhi: DRP Route Does Not Extend Limitation; Orders Beyond Section 153 Time Barred