Rulings ( 11978 results )

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Income tax Appellate Tribunal

ITAT:Remits ALP-determination for outstanding AE-receivables international transaction; Follows Tally ruling

  • In Favour of Both, Partially
  • Citation Number : TS-865-ITAT-2016(Bang)-TP
  • Tax Payer : Lotus Labs Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes functionally dissimilar, high turnover companies for software developer; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-864-ITAT-2016(Bang)-TP
  • Tax Payer : JDA Software India Pvt
Income tax Appellate Tribunal

ITAT: Excludes 16 comparables for software development service provider, follows Hewlett-Packard ITAT ruling

  • In Favour of Assessee
  • Citation Number : TS-863-ITAT-2016(Bang)-TP
  • Tax Payer : Infineon Technologies India Pvt Ltd
Income tax Appellate Tribunal

ITAT:International transactions alone to be considered for PLI-calculation; Follows Tej-Diam ruling

  • In Favour of Both, Partially
  • Citation Number : TS-862-ITAT-2016(CHNY)-TP
  • Tax Payer : India Pistons Ltd
Income tax Appellate Tribunal

ITAT: Excludes 8 comparables for software developer assessee, relies upon McAfee ruling

  • In Favour of Both, Partially
  • Citation Number : TS-861-ITAT-2016(Bang)-TP
  • Tax Payer : e4e Tech Support India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes 12 functionally dissimilar comparables; Excess provision write back part of operating-margin

  • In Favour of Assessee
  • Citation Number : TS-860-ITAT-2016(Bang)-TP
  • Tax Payer : CGI Information Systems and Management Consultants Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rejects combined benchmarking for on-site & off-shore services earning different mark-ups from AE

  • In Favour of Both, Partially
  • Citation Number : TS-859-ITAT-2016(PUN)-TP
  • Tax Payer : SAS Research & Development (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes reimbursements for computing operating margin; Upholds interest adjustment on outstanding receivables

  • In Favour of Both, Partially
  • Citation Number : TS-858-ITAT-2016(DEL)-TP
  • Tax Payer : CPA Global Services P Ltd
Income tax Appellate Tribunal

ITAT:Remits ALP-determination of IT-services transaction to AO/TPO, cites DRP's cryptic order

  • In Favour of Assessee
  • Citation Number : TS-857-ITAT-2016(Bang)-TP
  • Tax Payer : Givaudan Ind Pvt Ltd
Income tax Appellate Tribunal

ITAT: Applies 10 times turnover filter; Excludes Infosys but retains iGate as comparables

  • In Favour of Both, Partially
  • Citation Number : TS-856-ITAT-2016(Bang)-TP
  • Tax Payer : Logica Pvt Ltd
Income tax Appellate Tribunal

ITAT: Upholds DRP’s deletion of TP-addition following earlier ITAT-order although assailed before HC

  • In Favour of Assessee
  • Citation Number : TS-855-ITAT-2016(CHNY)-TP
  • Tax Payer : Redington India Ltd
Income tax Appellate Tribunal

ITAT:Excludes 11 comparables for software developer; Follows Broadcom Communications ruling

  • In Favour of Both, Partially
  • Citation Number : TS-854-ITAT-2016(Bang)-TP
  • Tax Payer : Tektronix Engineering Development India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Sets aside consequential proceedings post ITAT’s quashing of CIT’s order passed u/s 263

  • In Favour of Assessee
  • Citation Number : TS-853-ITAT-2016(Bang)-TP
  • Tax Payer : Obulapuram Mining Co Pvt Ltd
Income tax Appellate Tribunal

ITAT:Excludes 7 comparables for software service provider; follows McAfee ITAT ruling

  • In Favour of Assessee
  • Citation Number : TS-852-ITAT-2016(Bang)-TP
  • Tax Payer : July Systems & Technologies Pvt Ltd
Income tax Appellate Tribunal

ITAT:Directs consideration of AE-payables & advance receipts while computing interest on outstanding AE-receivables

  • In Favour of Both, Partially
  • Citation Number : TS-851-ITAT-2016(DEL)-TP
  • Tax Payer : Contitech India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Remits ALP-determination of royalty & intra-group services; Follows earlier orders

  • In Favour of Both, Partially
  • Citation Number : TS-850-ITAT-2016(DEL)-TP
  • Tax Payer : Contitech India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Notes MAP-resolution with USA / Canada, allows 8 software services margin to UK / Australian AEs

  • In Favour of Assessee
  • Citation Number : TS-849-ITAT-2016(Bang)-TP
  • Tax Payer : CGI Information Systems and Management Consultants Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes comparables on grounds of functional differences, turnover and employee cost filters

  • In Favour of Both, Partially
  • Citation Number : TS-848-ITAT-2016(Bang)-TP
  • Tax Payer : Acusis Software India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Rejects Revenue’s ‘AE’ claim based on common director, Sec 92A(1)/(2) parameters unfulfilled

  • In Favour of Assessee
  • Citation Number : TS-847-ITAT-2016(Bang)-TP
  • Tax Payer : Obulapuram Mining Co Pvt Ltd
Income tax Appellate Tribunal

ITAT: Forex-fluctuation on exports operating in nature; Upholds grant of risk-adjustment

  • In Favour of Assessee
  • Citation Number : TS-846-ITAT-2016(Bang)-TP
  • Tax Payer : Acusis Software India Pvt Ltd