Rulings ( 11976 results )

Filters
Income tax Appellate Tribunal

ITAT: Excludes 4 functionally dissimilar comparables for online-course development service provider; Follows earlier-order

  • In Favour of Assessee
  • Citation Number : TS-959-ITAT-2017(DEL)-TP
  • Tax Payer : Element K India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Remits intra-group services for examining ‘benefit test’ applying GE-Money ratio; Distinguishes EKL-Appliances

  • In Favour of Both, Partially
  • Citation Number : TS-958-ITAT-2017(DEL)-TP
  • Tax Payer : Tractebel Engineering Pvt Ltd
Income tax Appellate Tribunal

ITAT:Royalty expenditure allowance and ALP-determination operate in altogether different provisions; Remits issue

  • In Favour of Assessee
  • Citation Number : TS-957-ITAT-2017(DEL)-TP
  • Tax Payer : Denso India Ltd
Supreme Court

SC:Admits Revenue's SLP against Delhi HC for quashing 153A-proceedings absent incriminating material

  • In Favour of Assessee
  • Citation Number : TS-956-SC-2017-TP
  • Tax Payer : Baba Global Ltd
Income tax Appellate Tribunal

ITAT: Confirms corporate guarantee adjustment deletion; HC-appeal against Micro-Ink doesn’t dilute ITAT ratio

  • In Favour of Both, Partially
  • Citation Number : TS-955-ITAT-2017(Rjt)-TP
  • Tax Payer : Jyoti CNC Automation Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes Motilal Oswal, remits comparability of Integrated Capital Services for investment advisor

  • In Favour of Both, Partially
  • Citation Number : TS-954-ITAT-2017(Mum)-TP
  • Tax Payer : WL Ross India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Accepts separate benchmarking for bifurcated segments of sale transaction; Follows earlier-orders

  • In Favour of Assessee
  • Citation Number : TS-953-ITAT-2017(PUN)-TP
  • Tax Payer : Piaggio Vehicles Pvt Ltd
Income tax Appellate Tribunal

ITAT: Exchange loss on AE-borrowing non-operating expenditure; Rules on comparable selection

  • In Favour of Both, Partially
  • Citation Number : TS-952-ITAT-2017(DEL)-TP
  • Tax Payer : Teva API India Pvt Ltd (Formerly known as Teva API India Ltd)
Income tax Appellate Tribunal

ITAT:Remits 8 comparables for de-novo assessment for software consultancy & design service-provider

  • In Favour of Assessee
  • Citation Number : TS-951-ITAT-2017(Mum)-TP
  • Tax Payer : MWH India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Dismisses assessee’s appeal as TP-issues resolved under MAP

  • In Favour of Assessee
  • Citation Number : TS-950-ITAT-2017(Bang)-TP
  • Tax Payer : Quintiles Research (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT:Refuses to remand intra-group services TP-issue absent substantiation by assessee; Follows Volvo-ruling

  • In Favour of Assessee
  • Citation Number : TS-949-ITAT-2017(Bang)-TP
  • Tax Payer : Safran Engineering Services India Pvt Ltd
High Court

HC: Upholds forex-gains treatment as operating item; Rejects Revenue’s Safe- Harbour Rules reliance

  • In Favour of Assessee
  • Citation Number : TS-948-HC-2017(DEL)-TP
  • Tax Payer : B. C. Management Services Pvt Ltd
Income tax Appellate Tribunal

ITAT:Upholds operating-profit/sales as appropriate PLI for imports; Dismisses Revenue’s appeal

  • In Favour of Assessee
  • Citation Number : TS-947-ITAT-2017(DEL)-TP
  • Tax Payer : Dentsply India (P) Ltd
Income tax Appellate Tribunal

ITAT: Excludes 2 functionally-dissimilar companies following Rampgreen HC ruling; Gives directions on PLI-computation

  • In Favour of Both, Partially
  • Citation Number : TS-946-ITAT-2017(DEL)-TP
  • Tax Payer : Degania Medical Devices Pvt Ltd
Income tax Appellate Tribunal

ITAT: Grants stay of Rs.1.65cr outstanding demand considering 50 demand already discharged

  • In Favour of Assessee
  • Citation Number : TS-945-ITAT-2017(Bang)-TP
  • Tax Payer : Citrix R & D India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Rules on computation of ‘Wages’ and ‘Sales’ component of employee-cost filter

  • In Favour of Assessee
  • Citation Number : TS-944-ITAT-2017(DEL)-TP
  • Tax Payer : Avaya India Private Limited
Income tax Appellate Tribunal

ITAT: Outstanding AE-receivables pre-2012 amendment, not an ‘international transaction’; Deletes TP-adjustment

  • In Favour of Assessee
  • Citation Number : TS-943-ITAT-2017(JPR)-TP
  • Tax Payer : KGK Enterprises (now known as KGK Diamonds (I) Pvt Ltd)
Income tax Appellate Tribunal

ITAT:Rules on comparables for marketing support-services provider; Grants working-capital adjustment on actuals

  • In Favour of Both, Partially
  • Citation Number : TS-942-ITAT-2017(Bang)-TP
  • Tax Payer : Alcon Laboratories Pvt Ltd
Income tax Appellate Tribunal

ITAT:Rules on TP-adjustment on corporate guarantee, international license revenue & AE-loans

  • In Favour of Assessee
  • Citation Number : TS-941-ITAT-2017(Mum)-TP
  • Tax Payer : Nimbus Communication Ltd
Income tax Appellate Tribunal

ITAT: Remuneration method change not valid reason to segregate distribution from marketing segment

  • In Favour of Both, Partially
  • Citation Number : TS-940-ITAT-2017(PUN)-TP
  • Tax Payer : Haworth (India) Private Limited