Rulings ( 11984 results )

Filters
Income tax Appellate Tribunal

ITAT: Allows Revenue's appeal, sets aside CIT(A)'s cryptic, non-speaking order

  • In Favour of Revenue
  • Citation Number : TS-128-ITAT-2018(Bang)-TP
  • Tax Payer : Lapp India P Ltd
Income tax Appellate Tribunal

ITAT: Excludes Government undertakings as comparables citing preferential treatment in getting contracts

  • In Favour of Assessee
  • Citation Number : TS-127-ITAT-2018(DEL)-TP
  • Tax Payer : AT & T Communication Services India Private Limited
Income tax Appellate Tribunal

ITAT: Deletes royalty adjustment disregarding TPO’s ‘real tangible benefit’ test; Follows earlier-order

  • In Favour of Assessee
  • Citation Number : TS-126-ITAT-2018(DEL)-TP
  • Tax Payer : India Yamaha Motor Private Ltd
High Court

HC:Upholds ITAT’s exclusion of 6 comparables for ITeS-provider; Follows BC-Management ruling

  • In Favour of Assessee
  • Citation Number : TS-125-HC-2018(DEL)-TP
  • Tax Payer : Evalueserve SEZ (Gurgaon) Pvt Ltd
High Court

HC: Admits Revenue’s appeal challenging E-Infochips exclusion for unavailability of segmental data

  • In Favour of Assessee
  • Citation Number : TS-124-HC-2018(DEL)-TP
  • Tax Payer : Sapient Consulting Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Deletes royalty adjustment; Considers AE’s insignificant influence over assessee’s (Public-Company) business

  • In Favour of Assessee
  • Citation Number : TS-123-ITAT-2018(DEL)-TP
  • Tax Payer : Asahi India Glass Limited
Income tax Appellate Tribunal

ITAT: TP-provisions applicable to insurance business; Remits ALP-computation issue to TPO following earlier ruling

  • In Favour of Revenue
  • Citation Number : TS-122-ITAT-2018(DEL)-TP
  • Tax Payer : Max New York Life Insurance Company Ltd
Income tax Appellate Tribunal

ITAT:Confirms assessee’s business support profile rejecting TPO’s sogo-shosha trader classification; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-120-ITAT-2018(DEL)-TP
  • Tax Payer : Itochu India Private Ltd
Income tax Appellate Tribunal

ITAT: Recalls Tribunal-order passed on ‘mistaken basis’ for fresh decision on comparables selection

  • In Favour of Both, Partially
  • Citation Number : TS-119-ITAT-2018(Bang)-TP
  • Tax Payer : Cenduit India Services Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes 5 comparables for software-developer; Includes advance from AE in working-capital computation

  • In Favour of Assessee
  • Citation Number : TS-118-ITAT-2018(Bang)-TP
  • Tax Payer : Cypress Semi - Conductor (I) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Restores TP-issue to AO/TPO to follow earlier year order on comparable exclusion

  • In Favour of Assessee
  • Citation Number : TS-117-ITAT-2018(DEL)-TP
  • Tax Payer : Samsung Heavy Industries Pvt Ltd
Income tax Appellate Tribunal

ITAT:Excludes 5 comparables due to functional dissimilarity, deletes TP-adjustment on marketing support services

  • In Favour of Assessee
  • Citation Number : TS-116-ITAT-2018(Mum)-TP
  • Tax Payer : Abacus Distribution Systems (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT:Refuses to invalidate assessment; AO to issue fresh notice transposing amalgamated company's name

  • In Favour of Assessee
  • Citation Number : TS-1106-ITAT-2017(HYD)-TP
  • Tax Payer : Cyient Ltd (formerly Infotech Enterprises Ltd) Successor to Tele Atlas India Ltd
Income tax Appellate Tribunal

ITAT:Quashes assessment order framed on non-existent amalgamated company; Follows Maruti, Spice-Enfotainment rulings

  • In Favour of Assessee
  • Citation Number : TS-115-ITAT-2018(DEL)-TP
  • Tax Payer : Genpact Infrastructure (Bhopal) Pvt Ltd (now merged with Genpact India)
Income tax Appellate Tribunal

ITAT:Extends stay for Vodafone Mobile as delay in appeal disposal not attributable to assessee

  • In Favour of Assessee
  • Citation Number : TS-114-ITAT-2018(Bang)-TP
  • Tax Payer : Vodafone Mobile Services Ltd
Income tax Appellate Tribunal

ITAT:Confirms TP-adjustment deletion on royalty; Rejects TPO's 'no economic benefit' claim

  • In Favour of Assessee
  • Citation Number : TS-113-ITAT-2018(DEL)-TP
  • Tax Payer : Bestexx MM India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Upholds 15 profit attribution to PE; Rejects Revenue's fresh FAR-analysis proposal

  • In Favour of Both, Partially
  • Citation Number : TS-112-ITAT-2018(Mum)-TP
  • Tax Payer : Sabre Asia Pacific Pte Ltd (Earlier Known as Abacus International Pte Ltd)
High Court

HC: Admits Ecocat India’s appeal on MAM-selection and forex fluctuation treatment

  • In Favour of Assessee
  • Citation Number : TS-111-HC-2018(DEL)-TP
  • Tax Payer : Ecocat India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Grants stay on demand arising due to TP-adjustment involving comparables selection

  • In Favour of Assessee
  • Citation Number : TS-110-ITAT-2018(Bang)-TP
  • Tax Payer : Adamas Builders Pvt Ltd
Income tax Appellate Tribunal

ITAT:Confirms TP-adjustment deletion on old machinery purchase; Accepts Chartered-Engineer’s valuation as CUP

  • In Favour of Assessee
  • Citation Number : TS-109-ITAT-2018(DEL)-TP
  • Tax Payer : Caparo Engineering India Pvt Ltd