Rulings ( 11988 results )

Filters
Income tax Appellate Tribunal

ITAT: Grants 5% tolerance benefit despite actual difference being 5.14%, considers assessee's lower depreciation

  • In Favour of Assessee
  • Citation Number : TS-910-ITAT-2017(CHNY)-TP
  • Tax Payer : Western Thomson (India) Private Ltd
Income tax Appellate Tribunal

ITAT: Remits entire TP-issue in ITES segment to consider assessee’s objections

  • In Favour of Both, Partially
  • Citation Number : TS-909-ITAT-2017(Bang)-TP
  • Tax Payer : lndecomm Global Services (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT:Remits 6 comparables for de-novo assessment for ship management services provider

  • In Favour of Assessee
  • Citation Number : TS-908-ITAT-2017(Mum)-TP
  • Tax Payer : British Marine PLC - India Branch
Income tax Appellate Tribunal

ITAT: Remits TP-issues in software development, ITES segments considering DRP’s cryptic, non-speaking order

  • In Favour of Both, Partially
  • Citation Number : TS-907-ITAT-2017(Bang)-TP
  • Tax Payer : AOL Online India P Ltd
Income tax Appellate Tribunal

ITAT: Grants conditional stay on demand inter-alia arising due to AMP-adjustment

  • In Favour of Assessee
  • Citation Number : TS-905-ITAT-2017(CHANDI)-TP
  • Tax Payer : GlaxoSmithKline Consumer Healthcare Ltd
Income tax Appellate Tribunal

ITAT: Includes Ultramine & Pigments as comparable for ITES-provider; Follows Chryscapital ruling ratio

  • In Favour of Both, Partially
  • Citation Number : TS-904-ITAT-2017(DEL)-TP
  • Tax Payer : Vertex Customer Services India (P) Limited
Income tax Appellate Tribunal

ITAT: Rules on comparable selection for research & technical and back office support services

  • In Favour of Both, Partially
  • Citation Number : TS-903-ITAT-2017(Mum)-TP
  • Tax Payer : Exxon Mobile Company India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Variation in net-profit of comparables itself doesn’t justify multiple year data use

  • In Favour of Revenue
  • Citation Number : TS-902-ITAT-2017(DEL)-TP
  • Tax Payer : Va Tech Esher Wyas Flovel Ltd
Income tax Appellate Tribunal

ITAT: Rules on comparables selection for software developer; Remits working capital adjustment quantification

  • In Favour of Assessee
  • Citation Number : TS-900-ITAT-2017(Bang)-TP
  • Tax Payer : NI Systems (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT: CIT(A) adoption of MAM and comparable simply quoting judicial pronouncement, inappropriate

  • In Favour of Both, Partially
  • Citation Number : TS-899-ITAT-2017(Bang)-TP
  • Tax Payer : Infineon Technologies India Pvt Ltd
Income tax Appellate Tribunal

ITAT: AMP expenses not an international transaction, deletes Rs. 81 Cr addition; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-898-ITAT-2017(DEL)-TP
  • Tax Payer : AMADEUS INDIA PVT LTD
Income tax Appellate Tribunal

ITAT: Rejects Sec 10A-deduction curtailment; AO cannot re-examine transaction once ALP accepted by TPO

  • In Favour of Assessee
  • Citation Number : TS-897-ITAT-2017(PUN)-TP
  • Tax Payer : Eaton Industries Pvt Ltd
Income tax Appellate Tribunal

ITAT: ‘Protective addition’ has no application to AMP-adjustment as BLT discarded by jurisdictional-HC

  • In Favour of Assessee
  • Citation Number : TS-896-ITAT-2017(DEL)-TP
  • Tax Payer : MSD Pharmaceuticals Private Limited
Income tax Appellate Tribunal

ITAT: Confirms CIT(A) order deleting TP-adjustment on provision of software development services

  • In Favour of Assessee
  • Citation Number : TS-895-ITAT-2017(DEL)-TP
  • Tax Payer : Transwitch India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Discards all comparables proposed by TPO and assesee, calls for fresh benchmarking

  • In Favour of Both, Partially
  • Citation Number : TS-894-ITAT-2017(DEL)-TP
  • Tax Payer : Agilis Information Technologies Pvt Ltd
Income tax Appellate Tribunal

ITAT:Deletes protective AMP-adjustment, discards bright line test; Follows Sony & earlier orders

  • In Favour of Assessee
  • Citation Number : TS-893-ITAT-2017(DEL)-TP
  • Tax Payer : Nikon India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Rejects entity level benchmarking for manufacturing activity; Accepts proportionality principle following precedents

  • In Favour of Both, Partially
  • Citation Number : TS-892-ITAT-2017(PUN)-TP
  • Tax Payer : Demag Cranes & Components (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rejects additional grounds requiring factual examination; Directs comparable exclusion if RPT exceeds 15%

  • In Favour of Assessee
  • Citation Number : TS-890-ITAT-2017(Bang)-TP
  • Tax Payer : British Engines (India) Pvt. Ltd.
Income tax Appellate Tribunal

ITAT:Dismisses appeal as TP-issues resolved under MAP

  • In Favour of Assessee
  • Citation Number : TS-889-ITAT-2017(Bang)-TP
  • Tax Payer : Affliated Computer Services of India Pvt. Ltd.
High Court

HC:Restores AMP-adjustment back to ITAT for de-novo adjudication following earlier order

  • In Favour of Both, Partially
  • Citation Number : TS-888-HC-2017(DEL)-TP
  • Tax Payer : MSD Pharmaceuticals P Ltd