Rulings ( 11975 results )

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Income tax Appellate Tribunal

ITAT:Upholds AO's jurisdiction to determine ALP without TPO-reference; Allows assessee's grounds on comparables

  • In Favour of Both, Partially
  • Citation Number : TS-36-ITAT-2018(PUN)-TP
  • Tax Payer : Schlumberger India Technology Centre Pvt Ltd
Supreme Court

SC: Admits Revenue’s SLP against HC-order upholding exclusion of comparables for ITeS provider

  • In Favour of Revenue
  • Citation Number : TS-35-SC-2018-TP
  • Tax Payer : Vertex Customer Services India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Excludes comparables for marketing support services provider; Follows earlier year ruling

  • In Favour of Assessee
  • Citation Number : TS-34-ITAT-2018(Mum)-TP
  • Tax Payer : Abacus Distribution Systems (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Directs exclusion of domestic-transaction for ALP-computation of international-transaction, remits issue

  • In Favour of Assessee
  • Citation Number : TS-33-ITAT-2018(DEL)-TP
  • Tax Payer : Messe Dusseldorf India Pvt Ltd
Income tax Appellate Tribunal

ITAT: AE-receivable outstanding upto 6 months reasonable considering Sec-10A requirement for forex remittance

  • In Favour of Assessee
  • Citation Number : TS-1086-ITAT-2017(HYD)-TP
  • Tax Payer : GSS Infotech Ltd
Income tax Appellate Tribunal

ITAT: Remits ALP-determination of AE-imports to examine authenticity of market quote; Follows Adani-Wilmar

  • In Favour of Both, Partially
  • Citation Number : TS-1085-ITAT-2017(DEL)-TP
  • Tax Payer : Alcatel India Ltd
Income tax Appellate Tribunal

ITAT: Excludes company having different FY-ending for ITES-provider; Follows PTC Software HC-ruling

  • In Favour of Revenue
  • Citation Number : TS-32-ITAT-2018(DEL)-TP
  • Tax Payer : Copal Research (I) Pvt Ltd
Supreme Court

SC: Dismisses Revenue’s SLP; Upholds HC’s royalty adjustment deletion relying on EKL-Appliances ruling

  • In Favour of Assessee
  • Citation Number : TS-31-SC-2018-TP
  • Tax Payer : Frigoglass India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Remits functional comparability of 7 companies for software developer citing cryptic DRP-order

  • In Favour of Assessee
  • Citation Number : TS-1084-ITAT-2017(Bang)-TP
  • Tax Payer : Telsima Communications Pvt Ltd
Income tax Appellate Tribunal

ITAT:Remits TP-adjustment on intra-group services to consider assessee's contention /documentary evidence

  • In Favour of Assessee
  • Citation Number : TS-1083-ITAT-2017(DEL)-TP
  • Tax Payer : Bright Point India Pvt. Ltd
Income tax Appellate Tribunal

ITAT:Comparable can’t be mirror image of assessee; Includes ASL despite certain different activities

  • In Favour of Assessee
  • Citation Number : TS-29-ITAT-2018(Mum)-TP
  • Tax Payer : Anglo-Eastern Ship Management (India) Pvt Ltd
High Court

HC:Admits additional question of law regarding expenses allocation in marketing support-services segment

  • In Favour of Both, Partially
  • Citation Number : TS-28-HC-2018(DEL)-TP
  • Tax Payer : Pernod Ricard India Pvt Ltd
High Court

HC:Admits appeal regarding inclusion of reimbursements while computing marketing services operating margin

  • In Favour of Both, Partially
  • Citation Number : TS-1082-HC-2017(DEL)-TP
  • Tax Payer : Pernod Ricard India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Excludes 12 comparables for software-developer; Upholds LIBOR+1.38% as ALP for ECB-interest

  • In Favour of Both, Partially
  • Citation Number : TS-1081-ITAT-2017(Bang)-TP
  • Tax Payer : VeriSign Services India Pvt Ltd
High Court

HC: Upholds ITAT’s exclusion of 5 comparables; Frames legal question for I-Gate Global Solutions

  • In Favour of Both, Partially
  • Citation Number : TS-1080-HC-2017(DEL)-TP
  • Tax Payer : United Health Group Information Services (P) Ltd
Income tax Appellate Tribunal

ITAT:Remits assessee's grounds to consider benefit of 5 variation; Dismisses Revenue's appeal

  • In Favour of Assessee
  • Citation Number : TS-1079-ITAT-2017(DEL)-TP
  • Tax Payer : JSL Ltd
Income tax Appellate Tribunal

ITAT:Dismisses assessee’s miscellaneous petition on 4 grounds, holds no mistake apparent from record

  • In Favour of Revenue
  • Citation Number : TS-1078-ITAT-2017(Bang)-TP
  • Tax Payer : Dhanya Agro Industrial Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Excludes 15 comparables for software developer, remits 2 comparables; Follows NXP-Semiconductors ruling

  • In Favour of Assessee
  • Citation Number : TS-1077-ITAT-2017(Bang)-TP
  • Tax Payer : Yodlee lnfotech Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Remits comparability of Bodhtree Consulting; Retains FCS-Solutions & Thinksoft as comparables

  • In Favour of Assessee
  • Citation Number : TS-1076-ITAT-2017(Bang)-TP
  • Tax Payer : Sonus networks India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Deletes TP-addition considering uniformity in non-charging interest to AE, non-AE; Follows precedent

  • In Favour of Assessee
  • Citation Number : TS-27-ITAT-2018(Mum)-TP
  • Tax Payer : Dania Oro Jewellery Pvt. Ltd