Rulings ( 11533 results )
Income tax Appellate Tribunal
ITAT:Rejects Volvo ruling consideration for deciding management services TP-adjustment, cites factual differences
May 22, 2019
- In Favour of Assessee
- Citation Number : TS-444-ITAT-2019(Bang)-TP
- Tax Payer : Adcock Ingram Limited
Income tax Appellate Tribunal
ITAT:Deletes TP-adjustment on intra-group services, AMP-spend; Follows earlier rulings in own case
May 22, 2019
- In Favour of Assessee
- Citation Number : TS-443-ITAT-2019(Kol)-TP
- Tax Payer : Philips India Ltd
High Court
HC: Disposes assessee's appeal & writ considering resolution of royalty TP-adjustment under Indo-UK MAP
May 22, 2019
- In Favour of Revenue
- Citation Number : TS-442-HC-2019(DEL)-TP
- Tax Payer : JCB India Ltd
High Court
HC:Dismisses Revenue’s appeal; Upholds ITAT-order deleting AMP-adjustment following Sony ruling
May 22, 2019
- In Favour of Assessee
- Citation Number : TS-441-HC-2019(DEL)-TP
- Tax Payer : Toshiba India Pvt Ltd
Income tax Appellate Tribunal
ITAT:Holds TP-provisions inapplicable to income covered under Tonnage Tax Scheme
May 22, 2019
- In Favour of Assessee
- Citation Number : TS-440-ITAT-2019(Mum)-TP
- Tax Payer : Van Oord India Private Limited
High Court
HC: Confirms Infosys BPO exclusion for BPO-service provider following Agnity India; Distinguishes Chryscapital ruling
May 21, 2019
- In Favour of Assessee
- Citation Number : TS-439-HC-2019(DEL)-TP
- Tax Payer : Sanvih Info Group Pvt. Ltd (Earlier Known As Oks Span Tech Pvt. Ltd.)
Income tax Appellate Tribunal
ITAT:Adopts internal-CUP over TPO's TNMM for benchmarking HO-PE onshore services transaction
May 20, 2019
- In Favour of Assessee
- Citation Number : TS-438-ITAT-2019(Kol)-TP
- Tax Payer : Dongfang Electric Corporation
High Court
HC: Dismisses Revenue’s appeal; Upholds ITAT’s exclusion of Genesys International for ITeS-provider
May 20, 2019
- In Favour of Assessee
- Citation Number : TS-437-HC-2019(DEL)-TP
- Tax Payer : EXL Services.com India Pvt. Ltd
High Court
HC: Admits Revenue’s appeal against ITAT-order on treatment of foreign-AE as tested party
May 20, 2019
- In Favour of Both, Partially
- Citation Number : TS-434-HC-2019(DEL)-TP
- Tax Payer : Moser Baer India Ltd
Income tax Appellate Tribunal
ITAT: Dismisses Revenue’s appeal, includes Maveric Systems as comparable for software developer
May 20, 2019
- In Favour of Revenue
- Citation Number : TS-433-ITAT-2019(PUN)-TP
- Tax Payer : Xpanxion International Pvt Ltd
High Court
HC:Upholds ITAT-order quashing reopening of assessment to disallow advertisement expenses
May 20, 2019
- In Favour of Assessee
- Citation Number : TS-432-HC-2019(DEL)-TP
- Tax Payer : Yamaha Motor India Sales Pvt Ltd
Income tax Appellate Tribunal
ITAT: Restores TP-adjustment issue on intra-group service payments & outstanding AE-receivables
May 20, 2019
- In Favour of Both, Partially
- Citation Number : TS-431-ITAT-2019(DEL)-TP
- Tax Payer : GE Capital Services India
Income tax Appellate Tribunal
ITAT: Rejects additional ground seeking comparable exclusion but accepts gross profit based margin computation
May 20, 2019
- In Favour of Both, Partially
- Citation Number : TS-430-ITAT-2019(DEL)-TP
- Tax Payer : Verizon India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Excludes comparables for contract software development and technical support services provider
May 20, 2019
- In Favour of Assessee
- Citation Number : TS-429-ITAT-2019(DEL)-TP
- Tax Payer : Alcatel-Lucent India Ltd
High Court
HC:Dismisses Revenue’s appeal; Confirms rejection of sogo-shosha trader classification & FOB-based benchmarking
May 20, 2019
- In Favour of Assessee
- Citation Number : TS-428-HC-2019(DEL)-TP
- Tax Payer : Itochu India Private Ltd
High Court
HC: Upholds ITAT-order remitting comparables rejecting reliance on sister concern’s case
May 17, 2019
- In Favour of Revenue
- Citation Number : TS-427-HC-2019(DEL)-TP
- Tax Payer : E-VALUESERVE.COM PVT. LTD
High Court
HC: Upholds ITAT; Comparables selection issue doesn’t give rise to substantial question of law
May 17, 2019
- In Favour of Both, Partially
- Citation Number : TS-426-HC-2019(DEL)-TP
- Tax Payer : Agilis Information Technologies India Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Rejects Nil ALP-determination of internal audit fees citing specific benefits to assessee
May 17, 2019
- In Favour of Assessee
- Citation Number : TS-423-ITAT-2019(Kol)-TP
- Tax Payer : Organon (India) Limited
Income tax Appellate Tribunal
ITAT: Working capital relevant factor influencing price/profitability, allows adjustment; Rules on comparables
May 17, 2019
- In Favour of Assessee
- Citation Number : TS-422-ITAT-2019(Mum)-TP
- Tax Payer : Golden Source India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Remits TP-adjustment in respect of technical, management service fee; Follows earlier order
May 17, 2019
- In Favour of Assessee
- Citation Number : TS-421-ITAT-2019(CHNY)-TP
- Tax Payer : Dymos Lear Automotive India Pvt Ltd