Rulings ( 11519 results )
Income tax Appellate Tribunal
ITAT: Rejects Dell India's plea for capacity utilization adjustment, cites lack of industry trend details
Jan 30, 2023
- In Favour of Both, Partially
- Citation Number : TS-43-ITAT-2023(Bang)-TP
- Tax Payer : Dell International Services India Private Limited
Income tax Appellate Tribunal
ITAT: Upholds aggregation of sales and purchase operations qua technical support-service fee payments; Rules on comparables
Jan 27, 2023
- In Favour of Both, Partially
- Citation Number : TS-40-ITAT-2023(VIZ)-TP
- Tax Payer : Teejay India Private Limited
Income tax Appellate Tribunal
ITAT: Rules on comparables qua SWD, ITeS segments; Remits issues w.r.t margin computation, interest on receivables
Jan 27, 2023
- In Favour of Both, Partially
- Citation Number : TS-41-ITAT-2023(DEL)-TP
- Tax Payer : Qualcomm India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Upholds TP-adjustment qua payment for bareboat rentals and ship management services
Jan 27, 2023
- In Favour of Revenue
- Citation Number : TS-42-ITAT-2023(VIZ)-TP
- Tax Payer : Lewek Altair Shipping Private Ltd
High Court
HC: Invalidates reassessment proceedings beyond 4 years considering Pfizer Healthcare's full disclosure
Jan 27, 2023
- In Favour of Assessee
- Citation Number : TS-927-HC-2022(MAD)-TP
- Tax Payer : Pfizer Healthcare India Private Limited (formerly known as Hospira Healthcare India Private Limited)
Income tax Appellate Tribunal
ITAT: Directs re-working of CG-VAK Software’s operating margin; Includes provision for doubtful debts as operating
Jan 25, 2023
- In Favour of Both, Partially
- Citation Number : TS-37-ITAT-2023(Mum)-TP
- Tax Payer : Zedo (India) Pvt Ltd
Income tax Appellate Tribunal
ITAT: Allows adjustment qua forex fluctuation and depreciation; Restores PLI computation for manufacturing segment
Jan 25, 2023
- In Favour of Assessee
- Citation Number : TS-39-ITAT-2023(DEL)-TP
- Tax Payer : DE Diamond Electric India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Directs imputation of notional interest @ 6% on delayed AE-receivables
Jan 25, 2023
- In Favour of Revenue
- Citation Number : TS-38-ITAT-2023(HYD)-TP
- Tax Payer : Apache Footwear India Private Limited
Income tax Appellate Tribunal
ITAT: Upholds CIT(A) order w.r.t admission of additional evidences; Dismisses Revenue’s appeal
Jan 24, 2023
- In Favour of Assessee
- Citation Number : TS-34-ITAT-2023(Mum)-TP
- Tax Payer : Proctor & Gamble Hygiene & Healthcare Co Ltd
Income tax Appellate Tribunal
ITAT: Holds TPO's ALP determination for management services at NIL as unsustainable; Deletes adjustment
Jan 24, 2023
- In Favour of Assessee
- Citation Number : TS-35-ITAT-2023(DEL)-TP
- Tax Payer : CEVA Logistics India P Ltd
Income tax Appellate Tribunal
ITAT: Holds interest on delayed receivables as international-transaction, allows 60 days' credit period
Jan 24, 2023
- In Favour of Both, Partially
- Citation Number : TS-36-ITAT-2023(DEL)-TP
- Tax Payer : Veolia India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Directs denovo benchmarking of transaction pertaining to issuing of bank guarantee; Follows precedent
Jan 23, 2023
- In Favour of Both, Partially
- Citation Number : TS-31-ITAT-2023(Mum)-TP
- Tax Payer : Mizuho Bank Ltd
Income tax Appellate Tribunal
ITAT: Deletes TP-adjustment qua notional interest on AE-receivables, follows Kusum Healthcare & Orange Business
Jan 23, 2023
- In Favour of Assessee
- Citation Number : TS-32-ITAT-2023(DEL)-TP
- Tax Payer : ALcatel Lucent India Ltd
Income tax Appellate Tribunal
ITAT: Deletes TP-adjustment w.r.t receipt of advisory services, follows earlier year order
Jan 23, 2023
- In Favour of Assessee
- Citation Number : TS-33-ITAT-2023(PUN)-TP
- Tax Payer : Grupo Antolin India Pvt. Ltd (Erstwhile known as Grupo Antolin Pune Pvt. Ltd)
Income tax Appellate Tribunal
ITAT: Directs re-computing adjustment on AE trade receivables; Provides credit period of 60 days
Jan 20, 2023
- In Favour of Both, Partially
- Citation Number : TS-28-ITAT-2023(CHNY)-TP
- Tax Payer : Hi-Tech Arai Pvt Ltd
Income tax Appellate Tribunal
ITAT: Deletes TP-adjustment with respect to AMP expenses, follows earlier orders
Jan 20, 2023
- In Favour of Assessee
- Citation Number : TS-29-ITAT-2023(Bang)-TP
- Tax Payer : Essilor India Private Limited
Income tax Appellate Tribunal
ITAT: Deletes TP-adjustment wrt reimbursement of expenses and interest element thereon; Upholds CIT(A)’s findings
Jan 20, 2023
- In Favour of Assessee
- Citation Number : TS-30-ITAT-2023(Ahd)-TP
- Tax Payer : Aatash Narcontrol Limited
Income tax Appellate Tribunal
ITAT: Characterizes assessee as Placement & HR Consultancy Service provider over TPO’s ITeS-provider
Jan 20, 2023
- In Favour of Both, Partially
- Citation Number : TS-27-ITAT-2023(Bang)-TP
- Tax Payer : Adecco India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Excludes comparables with turnover exceeding 200 Cr qua SWD, ITeS segments
Jan 19, 2023
- In Favour of Both, Partially
- Citation Number : TS-24-ITAT-2023(Bang)-TP
- Tax Payer : Altair Engineering India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Excludes comparables whose turnover exceeded 200Cr for SWD service provider, grants working capital adjustment
Jan 19, 2023
- In Favour of Both, Partially
- Citation Number : TS-25-ITAT-2023(Bang)-TP
- Tax Payer : Sprinklr India Private Ltd