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Case Law Details

Case Name : ACIT Vs Essar Power Gujarat Limited (ITAT Mumbai)
Related Assessment Year : 2009-10
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ACIT Vs Essar Power Gujarat Limited (ITAT Mumbai)

TP Adjustment Based on DRI Allegations Cannot Survive After Exoneration: ITAT Mumbai Dismisses Revenue Appeals in Essar Power Case

The Mumbai ITAT (K-Bench) dismissed the Revenue’s appeals for AYs 2009-10 and 2012-13 and upheld deletion of transfer pricing (TP) adjustments reducing CWIP by ₹73.74 crore, which were made on the

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