Rulings ( 11982 results )

Filters
Income tax Appellate Tribunal

ITAT: Interest on FDRs integral to business activity; Upholds inclusion as operating income

  • In Favour of Assessee
  • Citation Number : TS-264-ITAT-2016(Mum)-TP
  • Tax Payer : Bunge India Pvt Ltd
High Court

HC:Considers AO’s rectification order incorporating TP-adjustment; Remands TP-issue to ITAT

  • In Favour of Revenue
  • Citation Number : TS-263-HC-2016(DEL)-TP
  • Tax Payer : SIS Live
High Court

HC: Upholds ITAT; Forex fluctuation an operating item, safe harbour rules inapplicable for AY 2010-11

  • In Favour of Assessee
  • Citation Number : TS-262-HC-2016(DEL)-TP
  • Tax Payer : Cash Edge India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Can't include expenditure when AMC income excluded for wind turbine generator business

  • In Favour of Both, Partially
  • Citation Number : TS-261-ITAT-2016(CHNY)-TP
  • Tax Payer : Vestas Wind Technology India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Grants stay; AMC-charges part of operating revenue for wind turbine generator business

  • In Favour of Assessee
  • Citation Number : TS-260-ITAT-2016(CHNY)-TP
  • Tax Payer : Vestas Wind Technology India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Dismisses Revenue’s appeal, upholds DRP’s exclusion of AE reimbursements while computing TP-adjustment

  • In Favour of Assessee
  • Citation Number : TS-259-ITAT-2016(Bang)-TP
  • Tax Payer : Trianz Holdings Pvt Ltd
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustment, mark-up on advertisement expenses not necessary absent service element

  • In Favour of Assessee
  • Citation Number : TS-258-ITAT-2016(Bang)-TP
  • Tax Payer : Citizen Watches (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Accepts 15% RPT-filter, remits comparability as exclusion not argued before lower authorities

  • In Favour of Assessee
  • Citation Number : TS-257-ITAT-2016(Bang)-TP
  • Tax Payer : Novell Software Development (India) P Ltd
Income tax Appellate Tribunal

ITAT: Cadbury's 'KUCH MEETHA HO JAYE' clincher in AMP-adjustment deletion, expense benefitted Indian-business

  • In Favour of Assessee
  • Citation Number : TS-256-ITAT-2016(Mum)-TP
  • Tax Payer : Mondelez India Foods Private Limited
Income tax Appellate Tribunal

ITAT: Remits business support services transaction to AO, follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-255-ITAT-2016(Mum)-TP
  • Tax Payer : Hapag-Lloyd India Private Limited
Income tax Appellate Tribunal

ITAT: Deletes TP-additions, AMP expenses incurred to promote own business, not benefit AEs

  • In Favour of Assessee
  • Citation Number : TS-254-ITAT-2016(Mum)-TP
  • Tax Payer : Diageo India Private Limited
Income tax Appellate Tribunal

ITAT: Reverses CIT(A)'s TP-adjustment deletion as transaction value beyond 5% range; Follows IHG-ruling

  • In Favour of Assessee
  • Citation Number : TS-253-ITAT-2016(Mum)-TP
  • Tax Payer : Edward Lifesciences Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rejects assessee's classification as business support service-provider considering earlier-year classification as ITeS-provider

  • In Favour of Both, Partially
  • Citation Number : TS-252-ITAT-2016(Mum)-TP
  • Tax Payer : VFS Global Services Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rejects CUP-method for single product export when TNMM accepted for substantial (80) exports

  • In Favour of Assessee
  • Citation Number : TS-251-ITAT-2016(PUN)-TP
  • Tax Payer : Intervet India Private Limited
Income tax Appellate Tribunal

ITAT: Abnormal growth no ground to exclude comparable if functionally similar

  • In Favour of Assessee
  • Citation Number : TS-250-ITAT-2016(DEL)-TP
  • Tax Payer : COWI India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Remits 3 high turnover comparables, relies on HC decisions in Chryscapital, Rampgreen

  • In Favour of Both, Partially
  • Citation Number : TS-249-ITAT-2016(DEL)-TP
  • Tax Payer : Sopra India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Satisfaction of filters cannot preclude assessee from contesting comparable exclusion

  • In Favour of Assessee
  • Citation Number : TS-248-ITAT-2016(DEL)-TP
  • Tax Payer : FIL India Business Services Pvt Ltd
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustment on interest on AE loan out of excess FCCB funds

  • In Favour of Assessee
  • Citation Number : TS-247-ITAT-2016(Ahd)-TP
  • Tax Payer : Sun Pharmaceuticals Ind Ltd
Income tax Appellate Tribunal

ITAT:Share-application money, not ‘international transaction’; Disclosure as loan in subsidiary's books irrelevant

  • In Favour of Assessee
  • Citation Number : TS-246-ITAT-2016(HYD)-TP
  • Tax Payer : KAR Therapeutics & Estates Pvt Ltd
Income tax Appellate Tribunal

ITAT: TP-addition to book profits impermissible; Sec 115JB self-contained code, separate from Chapter-X provisions

  • In Favour of Assessee
  • Citation Number : TS-245-ITAT-2016(Mum)-TP
  • Tax Payer : Owens Corning (India) P Ltd