Rulings ( 11988 results )

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Income tax Appellate Tribunal

ITAT:TPO to follow DRP-direction of restricting TP-adjustment to international transactions; Remits 2 comparables

  • In Favour of Assessee
  • Citation Number : TS-760-ITAT-2017(DEL)-TP
  • Tax Payer : Boettcher India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Dismisses defective miscellaneous-petition; Single application not sufficient to rectify cross appeals

  • In Favour of Revenue
  • Citation Number : TS-759-ITAT-2017(Bang)-TP
  • Tax Payer : IDS Software Solutions India Pvt Ltd
High Court

HC: Upholds ITAT’s exclusion of comparables in software development & ITeS segments

  • In Favour of Assessee
  • Citation Number : TS-758-HC-2017(DEL)-TP
  • Tax Payer : Ut Starcom Inc (India Branch)
Income tax Appellate Tribunal

ITAT:Directs DRP to verify whether Forex gains pertain to current year's turnover

  • In Favour of Both, Partially
  • Citation Number : TS-757-ITAT-2017(Bang)-TP
  • Tax Payer : Akamai Technologies India Private Limited
Income tax Appellate Tribunal

ITAT: High working capital adjustment not ground for comparable exclusion, follows Logical ruling

  • In Favour of Both, Partially
  • Citation Number : TS-756-ITAT-2017(Bang)-TP
  • Tax Payer : Target Corporation India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Allows assessee's appeal withdrawal considering resolution of grounds under Indo-USA MAP

  • In Favour of Assessee
  • Citation Number : TS-755-ITAT-2017(Bang)-TP
  • Tax Payer : Quintiles Research (India) P Ltd
Income tax Appellate Tribunal

ITAT: CIT(A) to mandatorily rule on additional evidence admission; Remits comparables for investment-advisor

  • In Favour of Both, Partially
  • Citation Number : TS-754-ITAT-2017(DEL)-TP
  • Tax Payer : ChrysCapital Investment Advisors (India) Private Limited
Income tax Appellate Tribunal

ITAT: Insignificant 'other income' cannot affect functional similarity/operating margin of comparable

  • In Favour of Both, Partially
  • Citation Number : TS-753-ITAT-2017(Bang)-TP
  • Tax Payer : Kodiak Networks India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Adopts 25 RPT & remits turnover filter application; Follows ACI-Worldwide & Chryscapital ratio

  • In Favour of Both, Partially
  • Citation Number : TS-752-ITAT-2017(Bang)-TP
  • Tax Payer : Broadcom Communications Technologies P Ltd
Income tax Appellate Tribunal

ITAT: Disregards CIT(A)’s suo-moto application of 0 RPT filter; Remits comparables issue

  • In Favour of Both, Partially
  • Citation Number : TS-751-ITAT-2017(Bang)-TP
  • Tax Payer : iPass India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes ‘e-Clerx’ for ITeS-provider citing significantly different business model; Follows Rampgreen ratio

  • In Favour of Assessee
  • Citation Number : TS-750-ITAT-2017(DEL)-TP
  • Tax Payer : Ariba India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Deletes protective AMP adjustment absent statutory mandate; Follows precedents

  • In Favour of Both, Partially
  • Citation Number : TS-749-ITAT-2017(DEL)-TP
  • Tax Payer : Nikon India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Remits verification whether assessee’s margin within 5% tolerance range absent Revenue’s objection

  • In Favour of Assessee
  • Citation Number : TS-748-ITAT-2017(DEL)-TP
  • Tax Payer : Everest Business Advisory India Private Limited
Income tax Appellate Tribunal

ITAT: Directs 25% RPT-filter application if comparables fall below 6, follows ACL-Worldwide ratio

  • In Favour of Both, Partially
  • Citation Number : TS-747-ITAT-2017(Bang)-TP
  • Tax Payer : Radisys India P Ltd
Income tax Appellate Tribunal

ITAT: Excludes 3 comparable for software development and 2 for ITeS, follows precedents

  • In Favour of Both, Partially
  • Citation Number : TS-746-ITAT-2017(PUN)-TP
  • Tax Payer : PTC Software (India) Private Limited
Income tax Appellate Tribunal

ITAT: No separate TP-adjustment on selling commission, network charges if part of operating cost

  • In Favour of Assessee
  • Citation Number : TS-745-ITAT-2017(Bang)-TP
  • Tax Payer : Mphasis Ltd
Income tax Appellate Tribunal

ITAT:Excludes ‘Eclerx’ absent segmental data for assessee providing analytical solutions to AE

  • In Favour of Assessee
  • Citation Number : TS-744-ITAT-2017(Mum)-TP
  • Tax Payer : Fractal Analytics Private Limited
Income tax Appellate Tribunal

ITAT: Excludes KPO companies as comparable for assessee's non-binding investment advisory services

  • In Favour of Both, Partially
  • Citation Number : TS-743-ITAT-2017(Mum)-TP
  • Tax Payer : Apax Partners India Advisers Private Limited
Income tax Appellate Tribunal

ITAT:Grants partial stay of demand arising from managerial charges TP-adjustment

  • In Favour of Both, Partially
  • Citation Number : TS-742-ITAT-2017(PUN)-TP
  • Tax Payer : Emerson Climate Technologies (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT:Includes Microgenetic as comparable for design engineer; Excludes pre-operative expenses for PLI-computation

  • In Favour of Both, Partially
  • Citation Number : TS-741-ITAT-2017(PUN)-TP
  • Tax Payer : Dar Al-Handasah Consultants (Shair And Partners) India Pvt Ltd