Rulings ( 11988 results )

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Income tax Appellate Tribunal

ITAT: Excludes 4 functionally dissimilar comparables for software developer; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-887-ITAT-2017(DEL)-TP
  • Tax Payer : NEC Technologies India Ltd.
Income tax Appellate Tribunal

ITAT:Grants stay considering substantial demand discharged; Software services, reimbursements etc. in dispute

  • In Favour of Assessee
  • Citation Number : TS-886-ITAT-2017(Kol)-TP
  • Tax Payer : Lexmark International (India)) Pvt. Ltd
High Court

HC:Mere disagreement about TP-methods does not ipso-facto constitute question of law

  • In Favour of Assessee
  • Citation Number : TS-885-HC-2017(DEL)-TP
  • Tax Payer : McCain Foods India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Considers advance from AE for calculation of working capital adjustment, follows precedent

  • In Favour of Assessee
  • Citation Number : TS-884-ITAT-2017(Bang)-TP
  • Tax Payer : Intellectual Venture India Consulting Pvt. Ltd.
High Court

HC:Dismisses Revenue’s grievance on expenses allocation key holding it as factual exercise

  • In Favour of Assessee
  • Citation Number : TS-883-HC-2017(DEL)-TP
  • Tax Payer : Network Programs India Ltd
Income tax Appellate Tribunal

ITAT:Remits interest adjustment on outstanding AE-receivables back to TPO for fresh consideration

  • In Favour of Assessee
  • Citation Number : TS-882-ITAT-2017(Mum)-TP
  • Tax Payer : Siro Clinpharma Pvt.
Income tax Appellate Tribunal

ITAT:Upholds AMP-adjustment deletion for manufacturer cum distributor; Follows earlier orders

  • In Favour of Revenue
  • Citation Number : TS-881-ITAT-2017(Mum)-TP
  • Tax Payer : Heinz India Pvt. Ltd.
Income tax Appellate Tribunal

ITAT:BMW's AMP-spend, international transaction, considering obligation to promote AE-brand; Distinguishes Maruti Suzuki

  • In Favour of Assessee
  • Citation Number : TS-880-ITAT-2017(DEL)-TP
  • Tax Payer : BMW India Private Ltd
Income tax Appellate Tribunal

ITAT:Remits TP-adjustment on reimbursement following ITAT ruling in group entity's case

  • In Favour of Assessee
  • Citation Number : TS-878-ITAT-2017(DEL)-TP
  • Tax Payer : BG India Energy Solutions Private Limited
Income tax Appellate Tribunal

ITAT: Remits TP-adjustment on reimbursement of expatriate employees' salary, follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-877-ITAT-2017(DEL)-TP
  • Tax Payer : WM India Technical and Consulting Services Pvt Ltd
Income tax Appellate Tribunal

ITAT: Directs fresh comparable selection applying onsite revenue filter; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-876-ITAT-2017(Bang)-TP
  • Tax Payer : Arowana Consulting Ltd
Income tax Appellate Tribunal

ITAT:2003-circular inapplicable to SDT; Upholds revision citing AO’s failure to verify SDT

  • In Favour of Revenue
  • Citation Number : TS-875-ITAT-2017(Kol)-TP
  • Tax Payer : Amrit Feeds Ltd
High Court

HC: Leaves question whether Rule 10B includes both direct, indirect production costs open for consideration

  • In Favour of Both, Partially
  • Citation Number : TS-874-HC-2017(DEL)-TP
  • Tax Payer : Swarovski India Pvt Ltd
High Court

HC: Dismisses Revenue’s appeal; Upholds aggregation of ESPN’s 'channel distribution' and 'advertisement-sale' segments

  • In Favour of Assessee
  • Citation Number : TS-873-HC-2017(DEL)-TP
  • Tax Payer : ESPN Software India Ltd
Income tax Appellate Tribunal

ITAT: Deletes Sec. 271G penalty; Jurisdiction transfer request reasonable cause for delayed information submission

  • In Favour of Assessee
  • Citation Number : TS-872-ITAT-2017(DEL)-TP
  • Tax Payer : NTT DATA Global Delivery Services Ltd
High Court

HC:Appropriateness of TP-method not question of law unless shown as contrary to Rules 10B/10C

  • In Favour of Assessee
  • Citation Number : TS-871-HC-2017(DEL)-TP
  • Tax Payer : Makemy Trip India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Remits TP-issue for fresh decision; Directs DRP to pass reasoned, speaking order

  • In Favour of Assessee
  • Citation Number : TS-870-ITAT-2017(Bang)-TP
  • Tax Payer : Aptean Software India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Stays demand on AMP-issue subject to non-alienation of immovable properties

  • In Favour of Assessee
  • Citation Number : TS-869-ITAT-2017(Bang)-TP
  • Tax Payer : Alcon Laboratories (India) Private Limited
Income tax Appellate Tribunal

ITAT: Excludes Accentia, Cosmic Global, Eclerx while benchmarking ITeS segment; Follows precedents

  • In Favour of Both, Partially
  • Citation Number : TS-868-ITAT-2017(DEL)-TP
  • Tax Payer : NCS Pearson India Private Limited
Income tax Appellate Tribunal

ITAT:Upholds CIT(A)’s determination of LIBOR+300bps as interest ALP for AE loan

  • In Favour of Revenue
  • Citation Number : TS-867-ITAT-2017(Mum)-TP
  • Tax Payer : Roha Dyechem Pvt Ltd