Rulings ( 11982 results )
Income tax Appellate Tribunal
ITAT: Stresses on functional similarity based on segmental details; Includes 2 comparables
- In Favour of Both, Partially
- Citation Number : TS-447-ITAT-2016(DEL)-TP
- Tax Payer : Rolls Royce Energy Systems India Pvt Ltd
High Court
HC: Upholds ITAT's exclusion of Cosmic-Global despite its inclusion as comparable before TPO/DRP
- In Favour of Assessee
- Citation Number : TS-446-HC-2016(DEL)-TP
- Tax Payer : Xchanging Technology Services India Pvt Ltd
High Court
HC: Allows cross-examination of authorized-personnel of companies whose data used by TPO
- In Favour of Assessee
- Citation Number : TS-445-HC-2016(DEL)-TP
- Tax Payer : Cashedge India Private Limited
Income tax Appellate Tribunal
ITAT:Remits loan-syndication fee allocation issue to TPO; Follows Credit Lyonnais, Calyon Bank rulings
- In Favour of Both, Partially
- Citation Number : TS-444-ITAT-2016(Mum)-TP
- Tax Payer : RBS Financial Services (India) Pvt Ltd
Income tax Appellate Tribunal
ITAT: Upholds TPO's approach of applying TNMM over RPM for trading activity
- In Favour of Both, Partially
- Citation Number : TS-443-ITAT-2016(Bang)-TP
- Tax Payer : Abott Medical Optics Private Limited
Income tax Appellate Tribunal
ITAT: Rejects recharacterization of advance against machinery as AE-loan; Deletes interest adjustment
- In Favour of Assessee
- Citation Number : TS-442-ITAT-2016(Mum)-TP
- Tax Payer : Essar Steel Orissa Ltd
Income tax Appellate Tribunal
ITAT: Remits capacity adjustment issue for de-novo adjudication absent appreciation of assesee’s submissions
- In Favour of Both, Partially
- Citation Number : TS-441-ITAT-2016(PUN)-TP
- Tax Payer : Geisel India Pvt Ltd
Income tax Appellate Tribunal
ITAT:Declines stay; Capacity utilization adjustment & entity-level TP-adjustment in dispute
- In Favour of Revenue
- Citation Number : TS-440-ITAT-2016(Bang)-TP
- Tax Payer : Inteva Products India Automotive Pvt Ltd
Income tax Appellate Tribunal
ITAT: Considers MAP-outcome for deciding allowance of payments towards management consultancy, know-how & trademarks
- In Favour of Assessee
- Citation Number : TS-439-ITAT-2016(DEL)-TP
- Tax Payer : GKN Driveline (India) Ltd
High Court
HC: Different FY-ending no ground for comparable exclusion if results can be reasonably extrapolated
- In Favour of Assessee
- Citation Number : TS-672-HC-2015(DEL)-TP
- Tax Payer : Mckinsey Knowledge Centre India Pvt Ltd
Income tax Appellate Tribunal
ITAT:Remits comparables selection for de-novo adjudication considering contradictory stand taken by CIT(A)
- In Favour of Both, Partially
- Citation Number : TS-438-ITAT-2016(DEL)-TP
- Tax Payer : Actis Advisers Pvt Ltd
High Court
HC: Upholds ITAT; Forex fluctuation operating in nature, safe harbour rules inapplicable for AY 2009-10
- In Favour of Assessee
- Citation Number : TS-437-HC-2016(DEL)-TP
- Tax Payer : Fiserv India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Deletes Sec 40A(2) disallowance absent tax evasion motive, acknowledges reliance on TP-reports
- In Favour of Assessee
- Citation Number : TS-436-ITAT-2016(DEL)-TP
- Tax Payer : Amserve Consultants Ltd
Income tax Appellate Tribunal
ITAT:Rules on comparables selection for LinkedIn’s marketing services provision; Excludes 2 comparables
- In Favour of Both, Partially
- Citation Number : TS-435-ITAT-2016(DEL)-TP
- Tax Payer : Linkedin Technology Information Pvt Ltd
Income tax Appellate Tribunal
ITAT: Grants stay as 50% demand discharged and TP-adjustment debatable issue
- In Favour of Assessee
- Citation Number : TS-434-ITAT-2016(Bang)-TP
- Tax Payer : Mercedes-Benz Research & Development India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Grants stay as 50% demand discharged; Comparables’ selection disputed issue
- In Favour of Assessee
- Citation Number : TS-433-ITAT-2016(Bang)-TP
- Tax Payer : Microsoft Research Lab India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Grants stay as 50% demand discharged; Functional comparability of companies disputed issue
- In Favour of Assessee
- Citation Number : TS-432-ITAT-2016(Bang)-TP
- Tax Payer : GE India Exports Pvt Ltd
Income tax Appellate Tribunal
ITAT: Grants stay as 50%-demand, arising from TP-adjustment on comparables selection, already discharged
- In Favour of Assessee
- Citation Number : TS-431-ITAT-2016(Bang)-TP
- Tax Payer : GE Intelligent Platform Pvt Ltd
Income tax Appellate Tribunal
ITAT: Grants partial stay; Considers demand reduction on credit of advance-tax / self-assessment tax
- In Favour of Assessee
- Citation Number : TS-430-ITAT-2016(Bang)-TP
- Tax Payer : EADS India P Ltd
Income tax Appellate Tribunal
ITAT:Grants partial-stay; TPO’s internal-TNMM selection can’t be prima-facie concluded as wrong / impermissible
- In Favour of Assessee
- Citation Number : TS-429-ITAT-2016(Bang)-TP
- Tax Payer : Dhanya Agroindustrial Pvt Ltd