Rulings ( 11988 results )

Filters
Income tax Appellate Tribunal

ITAT:Remits 8 comparables for de-novo assessment for software consultancy & design service-provider

  • In Favour of Assessee
  • Citation Number : TS-951-ITAT-2017(Mum)-TP
  • Tax Payer : MWH India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Dismisses assessee’s appeal as TP-issues resolved under MAP

  • In Favour of Assessee
  • Citation Number : TS-950-ITAT-2017(Bang)-TP
  • Tax Payer : Quintiles Research (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT:Refuses to remand intra-group services TP-issue absent substantiation by assessee; Follows Volvo-ruling

  • In Favour of Assessee
  • Citation Number : TS-949-ITAT-2017(Bang)-TP
  • Tax Payer : Safran Engineering Services India Pvt Ltd
High Court

HC: Upholds forex-gains treatment as operating item; Rejects Revenue’s Safe- Harbour Rules reliance

  • In Favour of Assessee
  • Citation Number : TS-948-HC-2017(DEL)-TP
  • Tax Payer : B. C. Management Services Pvt Ltd
Income tax Appellate Tribunal

ITAT:Upholds operating-profit/sales as appropriate PLI for imports; Dismisses Revenue’s appeal

  • In Favour of Assessee
  • Citation Number : TS-947-ITAT-2017(DEL)-TP
  • Tax Payer : Dentsply India (P) Ltd
Income tax Appellate Tribunal

ITAT: Excludes 2 functionally-dissimilar companies following Rampgreen HC ruling; Gives directions on PLI-computation

  • In Favour of Both, Partially
  • Citation Number : TS-946-ITAT-2017(DEL)-TP
  • Tax Payer : Degania Medical Devices Pvt Ltd
Income tax Appellate Tribunal

ITAT: Grants stay of Rs.1.65cr outstanding demand considering 50 demand already discharged

  • In Favour of Assessee
  • Citation Number : TS-945-ITAT-2017(Bang)-TP
  • Tax Payer : Citrix R & D India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Rules on computation of ‘Wages’ and ‘Sales’ component of employee-cost filter

  • In Favour of Assessee
  • Citation Number : TS-944-ITAT-2017(DEL)-TP
  • Tax Payer : Avaya India Private Limited
Income tax Appellate Tribunal

ITAT: Outstanding AE-receivables pre-2012 amendment, not an ‘international transaction’; Deletes TP-adjustment

  • In Favour of Assessee
  • Citation Number : TS-943-ITAT-2017(JPR)-TP
  • Tax Payer : KGK Enterprises (now known as KGK Diamonds (I) Pvt Ltd)
Income tax Appellate Tribunal

ITAT:Rules on comparables for marketing support-services provider; Grants working-capital adjustment on actuals

  • In Favour of Both, Partially
  • Citation Number : TS-942-ITAT-2017(Bang)-TP
  • Tax Payer : Alcon Laboratories Pvt Ltd
Income tax Appellate Tribunal

ITAT:Rules on TP-adjustment on corporate guarantee, international license revenue & AE-loans

  • In Favour of Assessee
  • Citation Number : TS-941-ITAT-2017(Mum)-TP
  • Tax Payer : Nimbus Communication Ltd
Income tax Appellate Tribunal

ITAT: Remuneration method change not valid reason to segregate distribution from marketing segment

  • In Favour of Both, Partially
  • Citation Number : TS-940-ITAT-2017(PUN)-TP
  • Tax Payer : Haworth (India) Private Limited
Income tax Appellate Tribunal

ITAT: Grants conditional stay subject to 40% outstanding demand payment by year end

  • In Favour of Assessee
  • Citation Number : TS-939-ITAT-2017(Bang)-TP
  • Tax Payer : WM Global Technology Services (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Grants stay subject to Rs.50L-payment; Assessee's bad financial position submission contrary to facts

  • In Favour of Assessee
  • Citation Number : TS-938-ITAT-2017(Bang)-TP
  • Tax Payer : Oaknet Healthcare Pvt Ltd
Income tax Appellate Tribunal

ITAT: Extends stay of demand; Delay in appeal disposal not attributable to assessee

  • In Favour of Assessee
  • Citation Number : TS-937-ITAT-2017(Bang)-TP
  • Tax Payer : The Himalaya Drug Company
Income tax Appellate Tribunal

ITAT: Stay demand considering prima facie case, partial payment, refund adjustment

  • In Favour of Assessee
  • Citation Number : TS-936-ITAT-2017(Bang)-TP
  • Tax Payer : Swiss Re Global Business Solutions India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Quashes assessment as AO skipped TPO-reference; Remits matter following Carrier Race ruling

  • In Favour of Assessee
  • Citation Number : TS-935-ITAT-2017(Mum)-TP
  • Tax Payer : Bericap India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Multiple-year data cannot be used as matter of right; Upholds TP-adjustment deletion

  • In Favour of Assessee
  • Citation Number : TS-934-ITAT-2017(Bang)-TP
  • Tax Payer : Softbrands India Pvt Ltd (Now INfore Banga-lore Pvt Ltd)
Income tax Appellate Tribunal

ITAT: Upholds aggregation approach for assessee’s manufacturing activity; Follows earlier year order

  • In Favour of Assessee
  • Citation Number : TS-933-ITAT-2017(PUN)-TP
  • Tax Payer : Cummins India Limited
Income tax Appellate Tribunal

ITAT: Stresses on relevance/importance of onsite-revenue filter; Directs application to all comparables

  • In Favour of Revenue
  • Citation Number : TS-932-ITAT-2017(Bang)-TP
  • Tax Payer : Broadcom Communication Technologies Pvt Ltd