Rulings ( 11982 results )

Filters
Income tax Appellate Tribunal

ITAT: Remits capacity utilization issue in manufacturing segment back to TPO following earlier-order

  • In Favour of Assessee
  • Citation Number : TS-292-ITAT-2018(DEL)-TP
  • Tax Payer : Nissin Brake India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Grants further stay extension to Manipal Global as appeals heard and orders awaited

  • In Favour of Assessee
  • Citation Number : TS-291-ITAT-2018(Bang)-TP
  • Tax Payer : Manipal Global Education Services P Ltd
Income tax Appellate Tribunal

ITAT:Construes ITAT-appeal against DRP-order as 'first appeal', applies CBDT circular on stay

  • In Favour of Assessee
  • Citation Number : TS-290-ITAT-2018(Kol)-TP
  • Tax Payer : Organon (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT:Grants conditional stay; Notes MAP-application for resolution of TP-issues pending disposal

  • In Favour of Assessee
  • Citation Number : TS-289-ITAT-2018(Bang)-TP
  • Tax Payer : Novozymes South Asia Pvt Ltd
Income tax Appellate Tribunal

ITAT:Restores TP-adjustment for BPO-services transaction for re-consideration of segmental results

  • In Favour of Assessee
  • Citation Number : TS-288-ITAT-2018(Mum)-TP
  • Tax Payer : Your Lifestyle Private Limited [Formerly known as Sanda Wellbeing Private Limited]
Income tax Appellate Tribunal

ITAT:Mere possibility of separating segments not reason to bifurcate financials arbitrarily

  • In Favour of Both, Partially
  • Citation Number : TS-287-ITAT-2018(DEL)-TP
  • Tax Payer : JDSU Indian Pvt Ltd
Income tax Appellate Tribunal

ITAT:Rejects stay; Dismisses assessee’s grievance on comparables absent TP-documentation filing before TPO

  • In Favour of Assessee
  • Citation Number : TS-286-ITAT-2018(CHNY)-TP
  • Tax Payer : Mos Metro India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Remits business division sale transaction to DRP; Clarifies no secondary adjustment for AY 2009-10

  • In Favour of Both, Partially
  • Citation Number : TS-285-ITAT-2018(Mum)-TP
  • Tax Payer : Prudential Process Management Services India Private Limited
Income tax Appellate Tribunal

ITAT: Grants conditional stay on demand arising due to TP-adjustment on purchases transaction

  • In Favour of Revenue
  • Citation Number : TS-284-ITAT-2018(CHNY)-TP
  • Tax Payer : Cameron Manufacturing (India) Private Limited
Income tax Appellate Tribunal

ITAT: Rejects Revenue’s attempt to re-characterize BPO assessee’s profile already accepted by TPO

  • In Favour of Both, Partially
  • Citation Number : TS-283-ITAT-2018(HYD)-TP
  • Tax Payer : Progressive Digital Media Private Limited
Income tax Appellate Tribunal

ITAT:Deletes penalty; Comparables selection, an objective exercise, cannot amount to material facts concealment

  • In Favour of Assessee
  • Citation Number : TS-282-ITAT-2018(DEL)-TP
  • Tax Payer : Sequence Design (I) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes 4 companies from comparable list noting functional dissimilarity, follows precedents

  • In Favour of Both, Partially
  • Citation Number : TS-281-ITAT-2018(PUN)-TP
  • Tax Payer : PubMatic India Private Limited
Income tax Appellate Tribunal

ITAT: Upholds TNMM over assessee’s CUP for benchmarking software services, follows earlier order

  • In Favour of Both, Partially
  • Citation Number : TS-280-ITAT-2018(Bang)-TP
  • Tax Payer : Mercedes Benz Research & Development India P Ltd
Income tax Appellate Tribunal

ITAT: Doubtful debt provision, operating in nature if closely linked to business operations

  • In Favour of Both, Partially
  • Citation Number : TS-279-ITAT-2018(Bang)-TP
  • Tax Payer : Capco Technologies P Ltd
Income tax Appellate Tribunal

ITAT:Upholds Sec 10A deduction claim on voluntary TP-adjustment; Follows iGate ruling

  • In Favour of Assessee
  • Citation Number : TS-278-ITAT-2018(DEL)-TP
  • Tax Payer : GS Engineering & Construction India Pvt. Ltd
Income tax Appellate Tribunal

ITAT:Rejects Panasonic Corporation’s stay absent prima-facie case on TP-issues or financial constraints

  • In Favour of Revenue
  • Citation Number : TS-277-ITAT-2018(CHNY)-TP
  • Tax Payer : Panasonic Corporation
High Court

HC: Upholds 4 comparables exclusion in IT & ITeS segments; Admits appeal on Bodhtree comparability

  • In Favour of Both, Partially
  • Citation Number : TS-276-HC-2018(BOM)-TP
  • Tax Payer : PTC Software (I) Pvt Ltd
High Court

HC: Upholds TNMM for export & import transactions following assessee’s own HC-ruling

  • In Favour of Assessee
  • Citation Number : TS-275-HC-2018(BOM)-TP
  • Tax Payer : Amphenol Interconnect India P Ltd
Income tax Appellate Tribunal

ITAT:Quashes draft assessment order passed along with demand notice; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-274-ITAT-2018(PUN)-TP
  • Tax Payer : Eaton Industrial Systems Pvt Ltd
High Court

HC: Upholds exclusion of Wipro on grounds of turnover, brand-value and extraordinary events

  • In Favour of Assessee
  • Citation Number : TS-273-HC-2018(DEL)-TP
  • Tax Payer : Agnity India Technologies Pvt Ltd