Rulings ( 11982 results )
High Court
HC: Dismisses Revenue’s appeal; TP-adjustment on non-AE transactions, beyond scope of Chapter X
- In Favour of Assessee
- Citation Number : TS-590-HC-2015(BOM)-TP
- Tax Payer : Thyssen Krupp Industries India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Rejects 6 comparables for investment advisory services due to functional dissimilarity
- In Favour of Assessee
- Citation Number : TS-589-ITAT-2015(Mum)-TP
- Tax Payer : Goldman Sachs (India) Securities Pvt Ltd
High Court
HC: Admits assessee’s appeal against TP-addition on royalty payment & retraction of comparables
- In Favour of Both, Partially
- Citation Number : TS-588-HC-2015(BOM)-TP
- Tax Payer : Kansai Nerolac Paints Ltd
High Court
HC: Admits Revenue’s appeal against ITAT’s rejection of 2 comparables for AY 2008-09
- In Favour of Revenue
- Citation Number : TS-586-HC-2015(BOM)-TP
- Tax Payer : Petro Araldite Pvt Ltd
High Court
HC: Rejects stay; CIT(A)'s order directing payment in 4 instalments, "just & reasonable"
- In Favour of Revenue
- Citation Number : TS-585-HC-2015(P & H)-TP
- Tax Payer : Perfetti Van Melle India Private Limited
High Court
HC: ITAT cannot reject reliance on similar co-ordinate bench ruling, without good cause
- In Favour of Assessee
- Citation Number : TS-584-HC-2015(BOM)-TP
- Tax Payer : Gartner India Research and Advisory Services Pvt Ltd
High Court
HC: Quashes assessment; Remits matter to AO to make TPO-reference, following CBDT instruction
- In Favour of Both, Partially
- Citation Number : TS-583-HC-2015(MAD)-TP
- Tax Payer : Carrier Race Technologies Pvt Ltd
Income tax Appellate Tribunal
ITAT: Applies EURIBOR+ 0.8% rate for retail borrower; Remits non-speaking DRP order
- In Favour of Both, Partially
- Citation Number : TS-582-ITAT-2015(Mum)-TP
- Tax Payer : Tata Autocomp Systems Ltd
Income tax Appellate Tribunal
ITAT: Notional interest not chargeable if AE-payable exceeds AE-receivable, remits issue to DRP
- In Favour of Assessee
- Citation Number : TS-581-ITAT-2015(HYD)-TP
- Tax Payer : Satyam Venture Engg Services Pvt Ltd
Income tax Appellate Tribunal
ITAT: Upholds DRP; Event management company incomparable to business support service provider assessee
- In Favour of Assessee
- Citation Number : TS-580-ITAT-2015(Mum)-TP
- Tax Payer : RGA Services India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Allows Revenue to challenge unfavourable DRP-observation, while supporting disallowance, despite no appeal
- In Favour of Assessee
- Citation Number : TS-579-ITAT-2015(DEL)-TP
- Tax Payer : SIS Live
Income tax Appellate Tribunal
ITAT: Applies markup agreed under MAP for US-entities to non-US transactions, absent distinction
- In Favour of Assessee
- Citation Number : TS-578-ITAT-2015(Mum)-TP
- Tax Payer : J P Morgan Services P Ltd
Income tax Appellate Tribunal
ITAT: Directs examination of softex Forms/STPI-order to ascertain nature of assessee’s business
- In Favour of Both, Partially
- Citation Number : TS-577-ITAT-2015(Mum)-TP
- Tax Payer : Polycom Technology (R&D) Center Pvt Ltd
Income tax Appellate Tribunal
ITAT: Restricts royalty to 1% on exports; Follows subsequent year orders
- In Favour of Assessee
- Citation Number : TS-576-ITAT-2015(HYD)-TP
- Tax Payer : Gulf Oil Corporation Ltd
Income tax Appellate Tribunal
ITAT: Extends stay of demand; Financial hardship demonstrated with 2.25:1 debt equity ratio
- In Favour of Assessee
- Citation Number : TS-575-ITAT-2015(Bang)-TP
- Tax Payer : Subex Ltd
Income tax Appellate Tribunal
ITAT: Allows intra-group services payment to extent of cost substantiated; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-574-ITAT-2015(Bang)-TP
- Tax Payer : Essentra India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Includes 3 comparables based on segmental similarity with assessee’s business support services
- In Favour of Assessee
- Citation Number : TS-573-ITAT-2015(DEL)-TP
- Tax Payer : Eli Lilly & Co (India) Pvt Ltd
Income tax Appellate Tribunal
ITAT: Deletes Rs.1.64 cr addition on cost contribution payments & interest on delayed AE-receivables
- In Favour of Assessee
- Citation Number : TS-572-ITAT-2015(Bang)-TP
- Tax Payer : Ingersoll Rand (India) Ltd
Income tax Appellate Tribunal
ITAT: Holds forex gain consequent to export realization as operating income, follows precedents
- In Favour of Assessee
- Citation Number : TS-571-ITAT-2015(Bang)-TP
- Tax Payer : Guhring India Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Dismisses assessee's appeal as infructuous; TP adjustment issue resolved under MAP proceedings
- In Favour of Both, Partially
- Citation Number : TS-570-ITAT-2015(Bang)-TP
- Tax Payer : Ocwen Financial Solution Pvt Ltd