Rulings ( 11633 results )

Filters
Income tax Appellate Tribunal

ITAT:Extends stay as delay in appeal disposal not attributable to assessee

Nov 21, 2018
  • In Favour of Assessee
  • Citation Number : TS-1210-ITAT-2018(Bang)-TP
  • Tax Payer : Novozymes South Asea Pvt Ltd
High Court

HC: Directs ITAT to consider recent precedents on AMP-issue, refuses complete remand back

Nov 21, 2018
  • In Favour of Revenue
  • Citation Number : TS-1209-HC-2018(BOM)-TP
  • Tax Payer : Johnson & Johnson Private Limited
Income tax Appellate Tribunal

ITAT: Excludes functionally dissimilar Acropetal Technologies as comparable for back-office service provider; Follows precedents

Nov 20, 2018
  • In Favour of Assessee
  • Citation Number : TS-1208-ITAT-2018(Bang)-TP
  • Tax Payer : Flextronics Technologies (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Remits TP-adjustment on intra-group services to consider applicability of subsequent years’ APA-terms

Nov 20, 2018
  • In Favour of Both, Partially
  • Citation Number : TS-1207-ITAT-2018(PUN)-TP
  • Tax Payer : Honeywell Automation India Limited
Income tax Appellate Tribunal

ITAT:Advances to foreign-branches, an international transaction; Upholds internal-CUP for benchmarking following precedents

Nov 20, 2018
  • In Favour of Both, Partially
  • Citation Number : TS-1206-ITAT-2018(COCH)-TP
  • Tax Payer : Sun Tec Business Solutions (P) Ltd
Income tax Appellate Tribunal

ITAT: Rules on comparables selection for software developer; Accepts risk adjustment claim

Nov 20, 2018
  • In Favour of Both, Partially
  • Citation Number : TS-1205-ITAT-2018(PUN)-TP
  • Tax Payer : Starent Networks (India) Private Limited
Income tax Appellate Tribunal

ITAT: Upholds TNMM for indenting transactions; Considers similar approach in subsequent years’ MAP

Nov 20, 2018
  • In Favour of Both, Partially
  • Citation Number : TS-1204-ITAT-2018(DEL)-TP
  • Tax Payer : Sumitomo Corporation India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rejects 4 comparables for support service segment; Grants working capital adjustment

Nov 20, 2018
  • In Favour of Assessee
  • Citation Number : TS-1203-ITAT-2018(DEL)-TP
  • Tax Payer : Nokia Siemens Networks Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rejects 2 functionally dissimilar comparables for marketing support service provider; Follows Alcon-Labs

Nov 19, 2018
  • In Favour of Assessee
  • Citation Number : TS-1201-ITAT-2018(Bang)-TP
  • Tax Payer : Intuit India Software Solutions P Ltd
Income tax Appellate Tribunal

ITAT: Remits TP-issue for fresh decision considering certain objections not raised before TPO/DRP

Nov 19, 2018
  • In Favour of Both, Partially
  • Citation Number : TS-1200-ITAT-2018(Bang)-TP
  • Tax Payer : Subex Limited
Income tax Appellate Tribunal

ITAT: Rejects selective application of onsite revenue filter to comparables; Follows Broadcom ruling

Nov 19, 2018
  • In Favour of Both, Partially
  • Citation Number : TS-1199-ITAT-2018(Bang)-TP
  • Tax Payer : IMS Health Technology Solutions Pvt Ltd
Income tax Appellate Tribunal

ITAT: Directs AO to obtain fresh TPO-order u/s. 92CA(3) pursuant to S.263 proceedings

Nov 16, 2018
  • In Favour of Assessee
  • Citation Number : TS-1198-ITAT-2018(DEL)-TP
  • Tax Payer : NT Back Office Services Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rejects 2 companies as comparable citing failure to meet employee cost filter

Nov 16, 2018
  • In Favour of Assessee
  • Citation Number : TS-1197-ITAT-2018(Bang)-TP
  • Tax Payer : Mphasis Ltd
Income tax Appellate Tribunal

ITAT: Upholds TNMM as MAM for assessee-manufacturer; Excludes 2 comparables failing turnover filter

Nov 16, 2018
  • In Favour of Both, Partially
  • Citation Number : TS-1196-ITAT-2018(DEL)-TP
  • Tax Payer : Terex Equipment Pvt Ltd (Formerly known as Terex Vectra Equipment Pvt. Ltd.)
Income tax Appellate Tribunal

ITAT:Remits ALP-determination of management charges back to TPO; Follows earlier-order

Nov 16, 2018
  • In Favour of Both, Partially
  • Citation Number : TS-1195-ITAT-2018(DEL)-TP
  • Tax Payer : BSI Group India Pvt Ltd (Earlier Known as BSI Management Systems India Pvt. Ltd.)
Income tax Appellate Tribunal

ITAT: Grants 3 months stay extension as delay in appeal disposal non-attributable to assessee

Nov 16, 2018
  • In Favour of Assessee
  • Citation Number : TS-1194-ITAT-2018(Bang)-TP
  • Tax Payer : CGI Information Systems Consultants Pvt Ltd
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustment on AE-receivables, impact already factored in working-capital adjustment; Follows precedents

Nov 16, 2018
  • In Favour of Assessee
  • Citation Number : TS-1193-ITAT-2018(HYD)-TP
  • Tax Payer : Dhanush Infotech Pvt Ltd
Income tax Appellate Tribunal

ITAT:Rejects CIT(A)’s management charges TP-adjustment on estimation basis; Remits issue

Nov 16, 2018
  • In Favour of Both, Partially
  • Citation Number : TS-1192-ITAT-2018(DEL)-TP
  • Tax Payer : BSI Group India Pvt Ltd (Earlier Known as BSI Management Systems India Pvt. Ltd.)
Income tax Appellate Tribunal

ITAT:Confirms interest adjustment deletion on AE-loan; Follows earlier order

Nov 15, 2018
  • In Favour of Assessee
  • Citation Number : TS-1191-ITAT-2018(Kol)-TP
  • Tax Payer : M. K. Shah Exports Ltd
Income tax Appellate Tribunal

ITAT: Excludes 6 comparables citing functional dissimilarities and extraordinary events; Follows precedents

Nov 15, 2018
  • In Favour of Assessee
  • Citation Number : TS-1190-ITAT-2018(DEL)-TP
  • Tax Payer : GE India Business Services Pvt. Ltd