Rulings ( 11978 results )

Filters
Income tax Appellate Tribunal

ITAT: Remits TP-issue to AO for taking appropriate action after considering MAP outcome

  • In Favour of Assessee
  • Citation Number : TS-845-ITAT-2016(DEL)-TP
  • Tax Payer : Colt Technology Services India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Remits TP-issue to AO for taking appropriate action after considering MAP outcome

  • In Favour of Assessee
  • Citation Number : TS-844-ITAT-2016(DEL)-TP
  • Tax Payer : Colt Technology Services India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Grants capacity-adjustment based on Class India ruling; Remits comparability for verifying data availability

  • In Favour of Assessee
  • Citation Number : TS-843-ITAT-2016(Bang)-TP
  • Tax Payer : Molex India Tooling Pvt Ltd
Income tax Appellate Tribunal

ITAT: Admits additional ground for exclusion of companies included in TP-study; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-842-ITAT-2016(HYD)-TP
  • Tax Payer : Conexant Systems Private Limited
Income tax Appellate Tribunal

ITAT: Confirms royalty adjustment deletion, follows earlier year ITAT order

  • In Favour of Assessee
  • Citation Number : TS-841-ITAT-2016(Mum)-TP
  • Tax Payer : Castrol India Limited
Income tax Appellate Tribunal

ITAT: Remits royalty issue for re-examination based on earlier year Tribunal decision

  • In Favour of Assessee
  • Citation Number : TS-840-ITAT-2016(PUN)-TP
  • Tax Payer : Mercedes-Benz India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Denies risk adjustment absent quantification, demonstration of effect on financial results

  • In Favour of Both, Partially
  • Citation Number : TS-839-ITAT-2016(Bang)-TP
  • Tax Payer : CDC Software India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Allows miscellaneous application to correct Quark SB-ruling reference on comparables selection

  • In Favour of Assessee
  • Citation Number : TS-838-ITAT-2016(Mum)-TP
  • Tax Payer : Syngenta Biosciences Pvt Ltd
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustment; Assessee established benefit test for 40% royalty payment to AE

  • In Favour of Assessee
  • Citation Number : TS-836-ITAT-2016(Kol)-TP
  • Tax Payer : Labvantage Solution Pvt Ltd
High Court

HC: Rule 10B (4) provisions self-evident on contemporaneous data; Excludes comparables with different FY-ending

  • In Favour of Assessee
  • Citation Number : TS-835-HC-2016(BOM)-TP
  • Tax Payer : PTC Software (I) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes comparables citing functional dissimilarity, absence of segmental results; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-834-ITAT-2016(Mum)-TP
  • Tax Payer : QAD India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Remits comparables selection for applying 15% RPT-filter and examining functional comparability

  • In Favour of Both, Partially
  • Citation Number : TS-833-ITAT-2016(Bang)-TP
  • Tax Payer : Open Silicon Research Private Ltd
Income tax Appellate Tribunal

ITAT: Admits additional grounds on comparables’ selection; Remits matter to TPO for fresh examination

  • In Favour of Both, Partially
  • Citation Number : TS-832-ITAT-2016(Bang)-TP
  • Tax Payer : Telsima Communications P Ltd
Income tax Appellate Tribunal

ITAT: Confirms TP-adjustment as price variation on individual AE transactions more than 5

  • In Favour of Both, Partially
  • Citation Number : TS-831-ITAT-2016(CHNY)-TP
  • Tax Payer : Ashok Leyland Ltd
Income tax Appellate Tribunal

ITAT: Concealment penalty merely based on TP-adjustment unsustainable when all particulars duly disclosed

  • In Favour of Assessee
  • Citation Number : TS-830-ITAT-2016(Ahd)-TP
  • Tax Payer : Mastek Ltd
Income tax Appellate Tribunal

ITAT:Quashes CIT(A)’s TP-adjustment deletion on commission; Considers Kar-HC's stay on Philips-ruling

  • In Favour of Revenue
  • Citation Number : TS-829-ITAT-2016(DEL)-TP
  • Tax Payer : Bio Rad Laboratories (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT:Rejects stay absent imminent coercive action; TP-adjustment a factual matter unfit for stay

  • In Favour of Revenue
  • Citation Number : TS-828-ITAT-2016(Bang)-TP
  • Tax Payer : Kaypee Electronics & Associates Pvt Ltd
Income tax Appellate Tribunal

ITAT:TP-provisions applicable to foreign-co's transactions with Indian-AE despite both being subjected to India-tax

  • In Favour of Both, Partially
  • Citation Number : TS-827-ITAT-2016(Bang)-TP
  • Tax Payer : United Engineers (Malasia) Berhad Quorum
Income tax Appellate Tribunal

ITAT: Dismisses Revenue’s appeal; Accepts internal-TNMM as assessee's non-AE transactions substantial

  • In Favour of Assessee
  • Citation Number : TS-826-ITAT-2016(Bang)-TP
  • Tax Payer : Valtech India Systems P Ltd
Income tax Appellate Tribunal

ITAT: Remits comparables for examining 10 times upper turnover limit & functional comparability

  • In Favour of Both, Partially
  • Citation Number : TS-825-ITAT-2016(Bang)-TP
  • Tax Payer : Support. com India Pvt Ltd