Rulings ( 11982 results )

Filters
Income tax Appellate Tribunal

ITAT: Restricts TP-adjustment only to AE-transactions; Remits 2 companies’ comparability for de-novo examination

  • In Favour of Both, Partially
  • Citation Number : TS-630-ITAT-2015(Mum)-TP
  • Tax Payer : Maine Global Enterprises Pvt Ltd
Income tax Appellate Tribunal

ITAT:Early/late realization incidental to sales; Deletes notional interest addition on receivables

  • In Favour of Assessee
  • Citation Number : TS-629-ITAT-2015(Bang)-TP
  • Tax Payer : Avnet India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rejects assessee & Revenue’s inconsistent stand in comparables selection, remits issue

  • In Favour of Both, Partially
  • Citation Number : TS-628-ITAT-2015(DEL)-TP
  • Tax Payer : Doosan Power Systems India Pvt Ltd
High Court

HC: Delhi HC deletes Honda Siel & Bausch & Lomb's marketing intangible adjustment, follows "Maruti" approach

  • In Favour of Assessee
  • Citation Number : TS-627-HC-2015(DEL)-TP
  • Tax Payer : Honda Siel Power Products Limited
High Court

HC: Delhi HC deletes Honda Siel & Bausch & Lomb's marketing intangible adjustment, follows "Maruti" approach

  • In Favour of Assessee
  • Citation Number : TS-626-HC-2015(DEL)-TP
  • Tax Payer : Bausch & Lomb Eyecare (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT:Use of current-year data mandatory; Information non-availability can only discharge TP- documentation obligation

  • In Favour of Both, Partially
  • Citation Number : TS-625-ITAT-2015(Mum)-TP
  • Tax Payer : Emerson Electric Company (India) P Ltd
Income tax Appellate Tribunal

ITAT: Allows Moser Baer's CUP-adjustment claim for differences in US vs Europe markets

  • In Favour of Assessee
  • Citation Number : TS-624-ITAT-2015(DEL)-TP
  • Tax Payer : Moser Baer India Ltd
Income tax Appellate Tribunal

ITAT:Internal comparables preferred over external comparables; Remits ALP-computation of AE-exports

  • In Favour of Assessee
  • Citation Number : TS-623-ITAT-2015(DEL)-TP
  • Tax Payer : Inslico Ltd
High Court

HC: Rejects 'international transaction' inference for Whirpool's 'excessive' AMP-spend absent tangible evidence

  • In Favour of Assessee
  • Citation Number : TS-622-HC-2015(DEL)-TP
  • Tax Payer : Whirlpool of India Ltd
High Court

HC: Deletes Vodafone's TP-adjustment; Tribunal's attempt to overcome binding SC judgment unsustainable

  • In Favour of Assessee
  • Citation Number : TS-621-HC-2015(BOM)-TP
  • Tax Payer : Vodafone India Services Pvt Ltd
Income tax Appellate Tribunal

ITAT:Accepts comparables having broad functional similarity, distinguishes Rampgreen HC ruling on facts

  • In Favour of Both, Partially
  • Citation Number : TS-620-ITAT-2015(DEL)-TP
  • Tax Payer : International SOS Services India P Ltd
Income tax Appellate Tribunal

ITAT: Allows aggregation of intra-group services closely linked to manufacturing business; Deletes TP-adjustment

  • In Favour of Assessee
  • Citation Number : TS-619-ITAT-2015(DEL)-TP
  • Tax Payer : Avery Dennison (India) P Ltd
Income tax Appellate Tribunal

ITAT: Allows aggregation of intra-group services closely linked to manufacturing business; Deletes TP-adjustment

  • In Favour of Assessee
  • Citation Number : TS-618-ITAT-2015(DEL)-TP
  • Tax Payer : Avery Dennison (India) P Ltd
Income tax Appellate Tribunal

ITAT: Excludes 9 comparables for assessee providing software design & development services

  • In Favour of Both, Partially
  • Citation Number : TS-617-ITAT-2015(Bang)-TP
  • Tax Payer : VeriSign Services India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Functional test key for comparables selection; Excludes 3 companies for marketing service-provider

  • In Favour of Assessee
  • Citation Number : TS-616-ITAT-2015(DEL)-TP
  • Tax Payer : Rolls-Royce India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Remits TP-adjustment for verification of distributor's AMP functions; Selling expenses excludible

  • In Favour of Both, Partially
  • Citation Number : TS-615-ITAT-2015(DEL)-TP
  • Tax Payer : Discovery Communications India
Income tax Appellate Tribunal

ITAT: Allows assessee's miscellaneous petition seeking correction of typographical error in comparables' name

  • In Favour of Assessee
  • Citation Number : TS-614-ITAT-2015(Bang)-TP
  • Tax Payer : Kodiak Networks (I) P Ltd
Income tax Appellate Tribunal

ITAT: Grants Rs 7.72 cr stay as assessee already paid 40% of demand

  • In Favour of Assessee
  • Citation Number : TS-613-ITAT-2015(Bang)-TP
  • Tax Payer : Page Industries Ltd
Income tax Appellate Tribunal

ITAT: Discovery's entire AMP expenses claim not deductible u/s 37; Distinguishes earlier HC ruling

  • In Favour of Both, Partially
  • Citation Number : TS-612-ITAT-2015(DEL)-TP
  • Tax Payer : Discovery Communications India
Income tax Appellate Tribunal

ITAT: Upholds export turnover filter to exclude comparables; Geographical markets influence price

  • In Favour of Assessee
  • Citation Number : TS-611-ITAT-2015(DEL)-TP
  • Tax Payer : Actis Global Services Pvt Ltd