Rulings ( 11988 results )

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Income tax Appellate Tribunal

ITAT: Non-adjudication of ground, mistake apparent from record; Recalls Tribunal-order for adjudicating E-infochips exclusion

  • In Favour of Revenue
  • Citation Number : TS-1063-ITAT-2017(Bang)-TP
  • Tax Payer : Applied Material India P Ltd
High Court

HC:Modifies ITAT-order regarding applicability of ‘other method’; ITAT to decide issue afresh

  • In Favour of Both, Partially
  • Citation Number : TS-1062-HC-2017(DEL)-TP
  • Tax Payer : Springer (India) Private Limited
Income tax Appellate Tribunal

ITAT: Holds outstanding AE-receivables as an international transaction following AMD-ruling; Remits credit-period determination

  • In Favour of Revenue
  • Citation Number : TS-1061-ITAT-2017(Bang)-TP
  • Tax Payer : Ingersoll Rand (India) Ltd
Income tax Appellate Tribunal

ITAT: Stays 50% of demand subject to refund adjustment/payment for remaining amount

  • In Favour of Assessee
  • Citation Number : TS-1060-ITAT-2017(Kol)-TP
  • Tax Payer : Atlas Healthcare Software (India) Ltd
Income tax Appellate Tribunal

ITAT:Directs lifting of bank- attachment considering favourable earlier year order & refund due

  • In Favour of Assessee
  • Citation Number : TS-1059-ITAT-2017(HYD)-TP
  • Tax Payer : Planet Online P Ltd
Income tax Appellate Tribunal

ITAT:Grants stay extension to Mercedes Benz as appeals already heard and orders awaited

  • In Favour of Assessee
  • Citation Number : TS-1058-ITAT-2017(Bang)-TP
  • Tax Payer : Mercedes Benz Research & Development India Pvt. Ltd
Income tax Appellate Tribunal

ITAT:Can’t add markup on services never received; Remits issue to consider additional evidences

  • In Favour of Assessee
  • Citation Number : TS-1057-ITAT-2017(Mum)-TP
  • Tax Payer : Affinity Global Advertising Pvt. Ltd (Formerly known as Hostway Solutions Pvt. Ltd)
Income tax Appellate Tribunal

ITAT: Rejects remand request, cannot allow premium on TPO's careless and callous approach

  • In Favour of Assessee
  • Citation Number : TS-10-ITAT-2018(Mum)-TP
  • Tax Payer : Franklin Templeton International Services (India) Private Limited
Income tax Appellate Tribunal

ITAT: Grants Rs.225cr demand stay to Wipro-GE; Royalty, software services etc. TP-adjustment in dispute

  • In Favour of Assessee
  • Citation Number : TS-1056-ITAT-2017(Bang)-TP
  • Tax Payer : Wipro GE Healthcare Pvt Ltd
Income tax Appellate Tribunal

ITAT: Holds write-backs on revenue account as part of operating income; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-1055-ITAT-2017(PUN)-TP
  • Tax Payer : Suessen Asia Private Limited
Income tax Appellate Tribunal

ITAT: Rejects TPO's royalty restriction from 3% to 2%; Follows HC-ruling in own-case

  • In Favour of Assessee
  • Citation Number : TS-1054-ITAT-2017(HYD)-TP
  • Tax Payer : RAK Ceramic India Private Limited
Income tax Appellate Tribunal

ITAT: Mismatch between Form 15CA and ROI not risk parameter for TPO-reference; Quashes revision

  • In Favour of Assessee
  • Citation Number : TS-1053-ITAT-2017(DEL)-TP
  • Tax Payer : Amira Pure Foods Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rejects inclusion of Satyam-BPO for ITES-provider citing fraud; Distinguishes American Express ruling

  • In Favour of Both, Partially
  • Citation Number : TS-1052-ITAT-2017(DEL)-TP
  • Tax Payer : Vertex Customer Services India Private Limited
Income tax Appellate Tribunal

ITAT: Excludes 4 comparables for ITES provider; Restricts TP-adjustment only to AE-transactions

  • In Favour of Assessee
  • Citation Number : TS-8-ITAT-2018(Mum)-TP
  • Tax Payer : Tracmail ( India) Private Limited
Income tax Appellate Tribunal

ITAT: Quashes AO’s assessment order passed without incorporating DRP's mandatory directions

  • In Favour of Assessee
  • Citation Number : TS-7-ITAT-2018(Bang)-TP
  • Tax Payer : Software Paradigms Infotech Pvt Ltd
Income tax Appellate Tribunal

ITAT: Remits Forward Foreign Exchange Contract (FFEC) transaction to consider additional evidences filed by assessee

  • In Favour of Both, Partially
  • Citation Number : TS-6-ITAT-2018(Mum)-TP
  • Tax Payer : Citibank Overseas Investment Corporation
Income tax Appellate Tribunal

ITAT:Deletes Rs. 69 cr TP-adjustment on AE-share sale; Rejects Revenue's 'perpetual growth rate' based valuation

  • In Favour of Assessee
  • Citation Number : TS-5-ITAT-2018(Mum)-TP
  • Tax Payer : First Advantage Quest Research Limited
Income tax Appellate Tribunal

ITAT: Accepts assessee’s plea for appeal withdrawal in light of resolution under unilateral-APA

  • In Favour of Both, Partially
  • Citation Number : TS-1050-ITAT-2017(Bang)-TP
  • Tax Payer : First Advantage Global Operating Center Pvt Ltd
Income tax Appellate Tribunal

ITAT: Quashes TPO's assuming of AO's role by determining accounting policy/method

  • In Favour of Assessee
  • Citation Number : TS-4-ITAT-2018(Mum)-TP
  • Tax Payer : Hazaria Cryogenic Engineering and Construction Management Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rules on comparables selection in assessee’s software-development, ITES segments; Follows precedents

  • In Favour of Both, Partially
  • Citation Number : TS-1049-ITAT-2017(Bang)-TP
  • Tax Payer : TE Connectivity Global Shared Services India Pvt. Ltd