Rulings ( 11988 results )

Filters
Income tax Appellate Tribunal

ITAT: Allows Revenue’s MP; Directs application of onsite revenue filter to all comparables

  • In Favour of Revenue
  • Citation Number : TS-991-ITAT-2017(Bang)-TP
  • Tax Payer : Dell International Services India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Refuses to grant second innings to make assessee’s case good; Upholds management-fee adjustment

  • In Favour of Revenue
  • Citation Number : TS-990-ITAT-2017(Bang)-TP
  • Tax Payer : Safran Engineering Services India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Includes comparable with different FY-ending; Deletes TP-adjustment on delayed AE-receivables

  • In Favour of Assessee
  • Citation Number : TS-989-ITAT-2017(DEL)-TP
  • Tax Payer : Bain Capability Centre India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Upholds internal-CUP over TNMM for benchmarking export transaction; Follows earlier-orders

  • In Favour of Both, Partially
  • Citation Number : TS-988-ITAT-2017(PUN)-TP
  • Tax Payer : Henkel Adhesives Technologies India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Grants conditional stay; TP-adjustment on payment towards shared market-research tools in dispute

  • In Favour of Assessee
  • Citation Number : TS-987-ITAT-2017(Mum)-TP
  • Tax Payer : Ipsos Research Private Limited
Income tax Appellate Tribunal

ITAT: Grants conditional stay; Revenue’s extraordinary delay in granting earlier-year refund, not ‘good-governance’

  • In Favour of Assessee
  • Citation Number : TS-986-ITAT-2017(Mum)-TP
  • Tax Payer : UPS Jetair Express Private Limited
Income tax Appellate Tribunal

ITAT: Assessee can’t be penalized for attorney's mistake; Deletes TP-adjustment following SC-ruling ratio

  • In Favour of Assessee
  • Citation Number : TS-985-ITAT-2017(Kol)-TP
  • Tax Payer : Epcos India Private Limited
Income tax Appellate Tribunal

ITAT: TNMM requires only broad functional similarity; Retains Cybermate despite exclusion in earlier-year

  • In Favour of Assessee
  • Citation Number : TS-984-ITAT-2017(Mum)-TP
  • Tax Payer : Lionbridge Technologies Pvt Ltd
Income tax Appellate Tribunal

ITAT: Safe-Harbour Rules inapplicable for AY 2009-10; Rejects assessee’s ‘different yardstick’ for RPT computation

  • In Favour of Both, Partially
  • Citation Number : TS-983-ITAT-2017(DEL)-TP
  • Tax Payer : Freescale Semiconductor India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Accepts RPM over TNMM for trading segment; Follows DRP-order for subsequent AY 2012-13

  • In Favour of Assessee
  • Citation Number : TS-982-ITAT-2017(Bang)-TP
  • Tax Payer : Avnet India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Confirms corporate guarantee adjustment deletion, restriction on interest rate ALP for AE-loan

  • In Favour of Both, Partially
  • Citation Number : TS-981-ITAT-2017(Rjt)-TP
  • Tax Payer : Jyoti CNC Automation Pvt Ltd
Income tax Appellate Tribunal

ITAT: Includes 2 comparables absent challenge to 25% RPT-filter; Distinguishes earlier-order applying 15%-filter

  • In Favour of Both, Partially
  • Citation Number : TS-980-ITAT-2017(Bang)-TP
  • Tax Payer : Infinera India Pvt Ltd
High Court

HC:Upholds TP-adjustment on Dabur’s royalty receipts; Refuses to ignore previous structure

  • In Favour of Revenue
  • Citation Number : TS-979-HC-2017(DEL)-TP
  • Tax Payer : Dabur India Ltd
Income tax Appellate Tribunal

ITAT: Refuses interference with ITAT-order on comparables selection absent failure to consider assessee’s pleadings

  • In Favour of Revenue
  • Citation Number : TS-978-ITAT-2017(Bang)-TP
  • Tax Payer : Curam Software International Pvt. Ltd.
Income tax Appellate Tribunal

ITAT: Remits assessee's functional profile evaluation; For different-year-end filter, distinguishes McKinsey HC ruling

  • In Favour of Both, Partially
  • Citation Number : TS-977-ITAT-2017(Bang)-TP
  • Tax Payer : e4e Business Solutions India Private Limited
Income tax Appellate Tribunal

ITAT: Excludes Accentia, Cosmic Global, Crossdomain & Infosys-BPO for ITES provider; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-976-ITAT-2017(DEL)-TP
  • Tax Payer : UT Starcom Inc
Income tax Appellate Tribunal

ITAT: Accepts Shroff Engineering as functionally comparable to assessee manufacturer; Dismisses Revenue’s appeal

  • In Favour of Assessee
  • Citation Number : TS-975-ITAT-2017(DEL)-TP
  • Tax Payer : Weir Minerals (India) Private Ltd
Income tax Appellate Tribunal

ITAT:Deletes TP-adjustment on AMP spend and brand royalty; Follows earlier orders

  • In Favour of Assessee
  • Citation Number : TS-974-ITAT-2017(DEL)-TP
  • Tax Payer : Maruti Suzuki India Ltd
High Court

HC: Dismisses Revenue’s appeal; No reason to exclude Govt.-owned undertaking absent specific provision

  • In Favour of Assessee
  • Citation Number : TS-973-HC-2017(MAD)-TP
  • Tax Payer : Same Deutz – Fahr India Private Limited
Income tax Appellate Tribunal

ITAT:Dismisses condonation application absent sufficient cause for 117 days appeal filing delay

  • In Favour of Revenue
  • Citation Number : TS-972-ITAT-2017(Mum)-TP
  • Tax Payer : TCL India Holdings Pvt Ltd