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diff --git a/dts/upstream/Bindings/phy/ti,tcan104x-can.yaml b/dts/upstream/Bindings/phy/ti,tcan104x-can.yaml
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+++ b/dts/upstream/Bindings/phy/ti,tcan104x-can.yaml
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+# SPDX-License-Identifier: (GPL-2.0-only OR BSD-2-Clause)
+%YAML 1.2
+---
+$id: http://devicetree.org/schemas/phy/ti,tcan104x-can.yaml#
+$schema: http://devicetree.org/meta-schemas/core.yaml#
+
+title: TCAN104x CAN TRANSCEIVER PHY
+
+maintainers:
+  - Aswath Govindraju <a-govindraju@ti.com>
+
+properties:
+  $nodename:
+    pattern: "^can-phy"
+
+  compatible:
+    enum:
+      - nxp,tjr1443
+      - ti,tcan1042
+      - ti,tcan1043
+
+  '#phy-cells':
+    const: 0
+
+  standby-gpios:
+    description:
+      gpio node to toggle standby signal on transceiver
+    maxItems: 1
+
+  enable-gpios:
+    description:
+      gpio node to toggle enable signal on transceiver
+    maxItems: 1
+
+  max-bitrate:
+    $ref: /schemas/types.yaml#/definitions/uint32
+    description:
+      max bit rate supported in bps
+    minimum: 1
+
+  mux-states:
+    description:
+      mux controller node to route the signals from controller to
+      transceiver.
+    maxItems: 1
+
+required:
+  - compatible
+  - '#phy-cells'
+
+additionalProperties: false
+
+examples:
+  - |
+    #include <dt-bindings/gpio/gpio.h>
+
+    transceiver1: can-phy {
+      compatible = "ti,tcan1043";
+      #phy-cells = <0>;
+      max-bitrate = <5000000>;
+      standby-gpios = <&wakeup_gpio1 16 GPIO_ACTIVE_LOW>;
+      enable-gpios = <&main_gpio1 67 GPIO_ACTIVE_HIGH>;
+      mux-states = <&mux0 1>;
+    };