Rulings ( 11976 results )

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Income tax Appellate Tribunal

ITAT:Deletes concealment penalty as TP-adjustment had no effect on income of assessee

  • In Favour of Assessee
  • Citation Number : TS-1039-ITAT-2017(DEL)-TP
  • Tax Payer : Goodyear India Ltd
Income tax Appellate Tribunal

ITAT: Classifies assessee as low-end BPO; Rejects comparables with ‘shady past’ record

  • In Favour of Both, Partially
  • Citation Number : TS-1038-ITAT-2017(DEL)-TP
  • Tax Payer : Everest Business Advisory India
Income tax Appellate Tribunal

ITAT: Dismisses assessee’s miscellaneous application considering idle capacity adjustment issue adjudicated by Tribunal

  • In Favour of Revenue
  • Citation Number : TS-1037-ITAT-2017(Bang)-TP
  • Tax Payer : Trianz Holdings Pvt Ltd
Income tax Appellate Tribunal

ITAT: Directs TPO to decide TP-issues according to subsequent-year APA terms if transactions similar

  • In Favour of Assessee
  • Citation Number : TS-1036-ITAT-2017(PUN)-TP
  • Tax Payer : Abicor Binzel Production (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT:Sets aside CIT(A)’s order absent proper adjudication on disputed comparables

  • In Favour of Assessee
  • Citation Number : TS-1035-ITAT-2017(Bang)-TP
  • Tax Payer : GE Intelligent Platforms Pvt. Ltd (formerly GE Fanuc Systems Pvt. Ltd)
Income tax Appellate Tribunal

ITAT: Holds assessment framed in non-existing merged company’s name as unsustainable

  • In Favour of Assessee
  • Citation Number : TS-1034-ITAT-2017(DEL)-TP
  • Tax Payer : JCB India Limited (formerly known as JCB Manufacturing Pvt Ltd)
Income tax Appellate Tribunal

ITAT: Remits aggregation issue, MAM selection for product development & management fees transactions

  • In Favour of Both, Partially
  • Citation Number : TS-1033-ITAT-2017(Bang)-TP
  • Tax Payer : Autoliv India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Domestic TP deletion vide Finance Act, 2017 deemed omitted from inception; Remits directors remuneration transaction

  • In Favour of Both, Partially
  • Citation Number : TS-1032-ITAT-2017(Bang)-TP
  • Tax Payer : Texport Overseas Private Limited
Income tax Appellate Tribunal

ITAT:Excludes not-for-profit organization as comparable for assessee's profit making marketing support segment

  • In Favour of Assessee
  • Citation Number : TS-1031-ITAT-2017(DEL)-TP
  • Tax Payer : Belkin India Private Limited
Income tax Appellate Tribunal

ITAT: CUP-method emphasizes ‘price’ comparison, rejects royalty/sales ratio for benchmarking royalty/FTS transactions

  • In Favour of Both, Partially
  • Citation Number : TS-1030-ITAT-2017(DEL)-TP
  • Tax Payer : TS Tech Sun India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Grants stay of outstanding demand to Citrix considering 50% demand already discharged

  • In Favour of Assessee
  • Citation Number : TS-1029-ITAT-2017(Bang)-TP
  • Tax Payer : Citrix R & D India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustment on delayed AE-receivables; Follows Kusum Healthcare, Bechtel India rulings

  • In Favour of Assessee
  • Citation Number : TS-1028-ITAT-2017(DEL)-TP
  • Tax Payer : Global Logic India Ltd
Income tax Appellate Tribunal

ITAT: Excludes 2 comparables in assessee’s technical support services segment post HC-remand

  • In Favour of Assessee
  • Citation Number : TS-1027-ITAT-2017(DEL)-TP
  • Tax Payer : Alcatel-Lucent India Ltd
Income tax Appellate Tribunal

ITAT: Grants stay subject to Rs.15 lakhs payment; Fixes Capco's appeal hearing for January 10, 2018

  • In Favour of Assessee
  • Citation Number : TS-1026-ITAT-2017(Bang)-TP
  • Tax Payer : Capco Technologies Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes Accentia Technologies, Infosys-BPO & TCS E-Serve for ITES-provider; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-1025-ITAT-2017(DEL)-TP
  • Tax Payer : Omniglobe Information Technologies (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT:Dismisses stay-petition as not pressed; Accepts assessee’s request for early appeal hearing

  • In Favour of Revenue
  • Citation Number : TS-1024-ITAT-2017(Bang)-TP
  • Tax Payer : Rittal India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Prefers following assessee’s own precedent over other Tribunal-orders on RPT-filter; Remits issue

  • In Favour of Assessee
  • Citation Number : TS-1023-ITAT-2017(Bang)-TP
  • Tax Payer : Open Silicon Research Pvt Ltd
Income tax Appellate Tribunal

ITAT: Deletes interest adjustment on AE-loan; DRP's adjustment confirmation citing assessee's information non-submission, improper

  • In Favour of Assessee
  • Citation Number : TS-1022-ITAT-2017(HYD)-TP
  • Tax Payer : Lanco Infratech Ltd
Income tax Appellate Tribunal

ITAT: Rejects Swiss Re ruling reliance on turnover filter; Remits comparability following Chryscapital ruling

  • In Favour of Both, Partially
  • Citation Number : TS-1021-ITAT-2017(Bang)-TP
  • Tax Payer : Outsource Partners International Pvt Ltd
Income tax Appellate Tribunal

ITAT: MCA-website information, data in public domain; Rejects Revenue's information non-availability plea

  • In Favour of Assessee
  • Citation Number : TS-1020-ITAT-2017(DEL)-TP
  • Tax Payer : Vestergaard Asia Pvt Ltd