Rulings ( 11976 results )

Filters
Income tax Appellate Tribunal

ITAT: Upholds CIT(A)’s adoption of 25% RPT-filter; Holds lowering RPT makes TP-analysis redundant

  • In Favour of Revenue
  • Citation Number : TS-832-ITAT-2017(Bang)-TP
  • Tax Payer : Siebel Systems Software (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes functionally dissimilar Bodhtree for software developer; Remits 2 comparables

  • In Favour of Both, Partially
  • Citation Number : TS-831-ITAT-2017(Bang)-TP
  • Tax Payer : Ariba Technologies India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Refuses to interfere with Tribunal-order remitting 1 comparable absent relevant details

  • In Favour of Revenue
  • Citation Number : TS-830-ITAT-2017(Bang)-TP
  • Tax Payer : Global E-Business Operations Private Limited
Income tax Appellate Tribunal

ITAT:Holds EURIBOR+500bps as interest-ALP for ECB; Rejects Revenue’s attempt to distinguish Cotton-Naturals

  • In Favour of Assessee
  • Citation Number : TS-829-ITAT-2017(Bang)-TP
  • Tax Payer : Tuppadahalli Energy India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Remits ALP-determination of royalty to adopt TNMM; Follows earlier-orders

  • In Favour of Assessee
  • Citation Number : TS-828-ITAT-2017(Bang)-TP
  • Tax Payer : Toyota Kirloskar Auto Parts Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rejects challenge to CIT(A)'s royalty conclusion relied on subsequently, cites comity/amity doctrine

  • In Favour of Both, Partially
  • Citation Number : TS-827-ITAT-2017(Bang)-TP
  • Tax Payer : Toyota Kirloskar Motor P Ltd
Income tax Appellate Tribunal

ITAT: Restores comparables selection back to CIT(A) to apply Chryscapital HC-ruling ratio

  • In Favour of Both, Partially
  • Citation Number : TS-826-ITAT-2017(Bang)-TP
  • Tax Payer : Huawei Technologies India Pvt Ltd
Income tax Appellate Tribunal

ITAT:TPO to re-adjudicate nature of assessee's services, comparable selection & working capital adjustment

  • In Favour of Both, Partially
  • Citation Number : TS-825-ITAT-2017(Bang)-TP
  • Tax Payer : Continental Automotive Component (I) Pvt Ltd
Income tax Appellate Tribunal

ITAT:Assessment order passed post HC-order falls u/s 153(6) ambit; Rejects assessee’s limitation plea

  • In Favour of Revenue
  • Citation Number : TS-824-ITAT-2017(Mum)-TP
  • Tax Payer : Essar Power Limited
High Court

HC:Dismisses writ, cannot examine DRP's refusal to restrict TP-adjustment sans facts

  • In Favour of Revenue
  • Citation Number : TS-823-HC-2017(MAD)-TP
  • Tax Payer : Hyundai Motor India Limited
Income tax Appellate Tribunal

ITAT: TP-provisions applicable to insurance business; No role for Sec 44 in TP computation u/s 92

  • In Favour of Both, Partially
  • Citation Number : TS-822-ITAT-2017(DEL)-TP
  • Tax Payer : Max New York Life Insurance Company Ltd
High Court

HC:Dismisses assessee’s appeal against ITAT-order remitting comparables selection

  • In Favour of Revenue
  • Citation Number : TS-821-HC-2017(DEL)-TP
  • Tax Payer : Validor Capital India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Recalls Tribunal-order to adjudicate issues relating to operating margin computation

  • In Favour of Assessee
  • Citation Number : TS-820-ITAT-2017(Bang)-TP
  • Tax Payer : Logix Microsystems Ltd
Income tax Appellate Tribunal

ITAT: Upholds RPM over TNMM for benchmarking distribution activity; Follows earlier order

  • In Favour of Both, Partially
  • Citation Number : TS-819-ITAT-2017(PUN)-TP
  • Tax Payer : Fresenius Kabi India Private Limited
Income tax Appellate Tribunal

ITAT:Rules on comparable selection for assessee engaged in trading, providing marketing-support services

  • In Favour of Assessee
  • Citation Number : TS-818-ITAT-2017(Mum)-TP
  • Tax Payer : RHI India Private Limited
Income tax Appellate Tribunal

ITAT: Excludes functionally dissimilar comparables for investment-advisor; Remits interest adjustment on outstanding AE-receivables

  • In Favour of Both, Partially
  • Citation Number : TS-817-ITAT-2017(DEL)-TP
  • Tax Payer : DE Shaw India Advisory Services Pvt Ltd
Income tax Appellate Tribunal

ITAT: 15% RPT-filter reasonable absent difficulty in searching for comparables; 25%-filter applicable exceptionally

  • In Favour of Both, Partially
  • Citation Number : TS-816-ITAT-2017(Bang)-TP
  • Tax Payer : ABB Global Industries & Services Limited
Income tax Appellate Tribunal

ITAT: Rejects inclusion of 2 functionally dissimilar comparables for marketing support services provider

  • In Favour of Both, Partially
  • Citation Number : TS-815-ITAT-2017(Bang)-TP
  • Tax Payer : NI Systems (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT:Deletes TP-adjustment on corporate guarantee, share application money & mobilazation advance from AE

  • In Favour of Both, Partially
  • Citation Number : TS-814-ITAT-2017(HYD)-TP
  • Tax Payer : Bartronics India Ltd
Income tax Appellate Tribunal

ITAT: Remits TP-adjustment in IT, ITeS segments considering DRP’s selective adjudication of assessee’s objections

  • In Favour of Both, Partially
  • Citation Number : TS-813-ITAT-2017(Bang)-TP
  • Tax Payer : Arctern Consulting Pvt Ltd