Rulings ( 11978 results )

Filters
Income tax Appellate Tribunal

ITAT: Remuneration model change not 'business restructuring'; Upholds KPO-characterization considering value addition

  • In Favour of Both, Partially
  • Citation Number : TS-997-ITAT-2016(DEL)-TP
  • Tax Payer : McKinsey Knowledge Centre Pvt Ltd
Income tax Appellate Tribunal

ITAT: Benchmark of 15%/25% for RPT/Employee cost filters not water-tight compartment

  • In Favour of Both, Partially
  • Citation Number : TS-996-ITAT-2016(Bang)-TP
  • Tax Payer : Tesco Hindustan Service Centre Pvt Ltd
Income tax Appellate Tribunal

ITAT:Excludes company organizing exhibitions/ events as comparable for support service, follows precedent

  • In Favour of Both, Partially
  • Citation Number : TS-995-ITAT-2016(Bang)-TP
  • Tax Payer : Brocade Communication Systems Pvt Ltd
High Court

HC: Dismisses Revenue’s appeal, TP-adjustment of diamond exporter restricted to transactions with AEs

  • In Favour of Assessee
  • Citation Number : TS-994-HC-2016(BOM)-TP
  • Tax Payer : Bhansali & Co
Income tax Appellate Tribunal

ITAT: Upholds Nil-ALP for management fees as service rendition unsubstantiated; Considers Evidence-Act provisions

  • In Favour of Revenue
  • Citation Number : TS-993-ITAT-2016(Bang)-TP
  • Tax Payer : Volvo India Private Limited
Income tax Appellate Tribunal

ITAT: Extends stay for Google India for AY 2009-10 to 2011-12 for 1 month

  • In Favour of Assessee
  • Citation Number : TS-991-ITAT-2016(Bang)-TP
  • Tax Payer : Google India Private Limited
Income tax Appellate Tribunal

ITAT: Grants stay of Rs. 1.69 cr subject to Rs. 40 lacs payment in two installments

  • In Favour of Assessee
  • Citation Number : TS-990-ITAT-2016(Bang)-TP
  • Tax Payer : Softtek India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Grants stay extension; Delay in appeal disposal not attributable to assessee

  • In Favour of Assessee
  • Citation Number : TS-989-ITAT-2016(Bang)-TP
  • Tax Payer : Business Process Outsourcing India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Deletes location saving & environment cost saving adjustments, cites OECD BEPS Guidance

  • In Favour of Assessee
  • Citation Number : TS-988-ITAT-2016(Mum)-TP
  • Tax Payer : Syngenta India Ltd
Income tax Appellate Tribunal

ITAT: Excludes 17 comparables following judicial precedents; Grants risk-adjustment to captive service provider

  • In Favour of Assessee
  • Citation Number : TS-987-ITAT-2016(Bang)-TP
  • Tax Payer : Sharp Software Development India P Ltd
Income tax Appellate Tribunal

ITAT: Upholds CIT(A) order considering foreign exchange gain as operating; Follows earlier ruling

  • In Favour of Assessee
  • Citation Number : TS-986-ITAT-2016(Bang)-TP
  • Tax Payer : Electronics for Imaging India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes IT/ITeS comparables on grounds of functional dissimilarity, 10 times turnover range

  • In Favour of Assessee
  • Citation Number : TS-985-ITAT-2016(Bang)-TP
  • Tax Payer : Tesco Hindustan Service Centre Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes functionally dissimilar comparables for software developer; Applies 10 times turnover range

  • In Favour of Assessee
  • Citation Number : TS-984-ITAT-2016(Bang)-TP
  • Tax Payer : ACI Worldwide Solutions P Ltd
Income tax Appellate Tribunal

ITAT:Rejects stay extension; Grants early hearing while directing TPO against coercive action

  • In Favour of Assessee
  • Citation Number : TS-983-ITAT-2016(Bang)-TP
  • Tax Payer : Faurecia Automotive Seating India P Ltd
Income tax Appellate Tribunal

ITAT: Excludes 4 functional dissimilar comparables for ITeS provider; Follows e4e decision

  • In Favour of Assessee
  • Citation Number : TS-982-ITAT-2016(Bang)-TP
  • Tax Payer : Flextronics Technologies (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Segmental info necessary for applying 75 services revenue filter; Remits issue to TPO

  • In Favour of Assessee
  • Citation Number : TS-981-ITAT-2016(HYD)-TP
  • Tax Payer : Palred Technologies Ltd (Formerly known as Four Soft Ltd)
Income tax Appellate Tribunal

ITAT: Granting assessee one week for furnishing information indicates haste, admits additional evidence

  • In Favour of Assessee
  • Citation Number : TS-980-ITAT-2016(Ahd)-TP
  • Tax Payer : Ascence Inc (India branch)
Income tax Appellate Tribunal

ITAT: Remands TP-issue for applying employee-cost filter, follows Ness Technologies decision

  • In Favour of Assessee
  • Citation Number : TS-979-ITAT-2016(CHNY)-TP
  • Tax Payer : Williams Lea India Private Limited
Income tax Appellate Tribunal

ITAT: Rejects comparables having low / negative margin as against assessee’s 27.94% net margin

  • In Favour of Both, Partially
  • Citation Number : TS-978-ITAT-2016(CHNY)-TP
  • Tax Payer : J&B Software India P Ltd
Income tax Appellate Tribunal

ITAT: Partially allows assessee's claim for +/-5% variation benefit; Follows Mainetti India decision

  • In Favour of Assessee
  • Citation Number : TS-977-ITAT-2016(CHNY)-TP
  • Tax Payer : Ashok Leyland Limited