Rulings ( 11988 results )

Filters
Income tax Appellate Tribunal

ITAT: Free fund availability irrelevant for TP-adjustment towards extended credit period to AE

  • In Favour of Both, Partially
  • Citation Number : TS-581-ITAT-2017(Bang)-TP
  • Tax Payer : Msource (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Location savings relevant for investigating transaction, cannot be sole basis for ALP-determination

  • In Favour of Assessee
  • Citation Number : TS-580-ITAT-2017(Bang)-TP
  • Tax Payer : Parexel International Clinical Research Pvt Ltd
Income tax Appellate Tribunal

ITAT: Remits corporate guarantee TP-adjustment pending Special-Bench decision whether it constitutes ‘international transaction’

  • In Favour of Revenue
  • Citation Number : TS-579-ITAT-2017(DEL)-TP
  • Tax Payer : New Delhi Television Ltd
Income tax Appellate Tribunal

ITAT: Grants stay extension beyond 365 days; Follows Pepsi Foods, distinguishes Ecom ruling

  • In Favour of Assessee
  • Citation Number : TS-578-ITAT-2017(Bang)-TP
  • Tax Payer : Vodafone Mobile Services Ltd
Income tax Appellate Tribunal

ITAT: Bad debt provision non-operating expenditure; Excludes 4 comparables for ITeS provider

  • In Favour of Both, Partially
  • Citation Number : TS-577-ITAT-2017(Bang)-TP
  • Tax Payer : Business Process Outsourcing (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Remits 8 comparables; Directs TPO to verify whether high/low turnover affects price

  • In Favour of Both, Partially
  • Citation Number : TS-576-ITAT-2017(Bang)-TP
  • Tax Payer : Cenduit India Services Pvt Ltd
Income tax Appellate Tribunal

ITAT: Remits comparables selection for application of employee cost & turnover filters

  • In Favour of Both, Partially
  • Citation Number : TS-575-ITAT-2017(Bang)-TP
  • Tax Payer : Dell International Services India Pvt Ltd
Income tax Appellate Tribunal

ITAT:Credit period for AE-receivables closely linked to services transaction; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-574-ITAT-2017(Bang)-TP
  • Tax Payer : Lotus Labs Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes 3 comparables in R&D segment; Directs TPO to find good comparables

  • In Favour of Assessee
  • Citation Number : TS-573-ITAT-2017(Bang)-TP
  • Tax Payer : FMC India Private Limited
Income tax Appellate Tribunal

ITAT: Directs entity-TNMM application after aggregating management fees with other international transactions

  • In Favour of Both, Partially
  • Citation Number : TS-572-ITAT-2017(Bang)-TP
  • Tax Payer : Fosroc Chemicals India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes 10 comparables following Commscope & Applied Materials rulings

  • In Favour of Both, Partially
  • Citation Number : TS-571-ITAT-2017(Bang)-TP
  • Tax Payer : LSI India Research Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes 9 comparables for software developer, rejects inclusion of 2 comparables; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-570-ITAT-2017(Bang)-TP
  • Tax Payer : CSR India P Ltd
Income tax Appellate Tribunal

ITAT: Dismisses Revenue’s appeal in limine, grounds raised don't emanate from DRP-order

  • In Favour of Assessee
  • Citation Number : TS-569-ITAT-2017(Bang)-TP
  • Tax Payer : Subex Ltd
High Court

HC:Affirms ITAT's adoption of internal-CUP with adjustment for differences while benchmarking brokerage

  • In Favour of Assessee
  • Citation Number : TS-568-HC-2017(BOM)-TP
  • Tax Payer : J P Morgan India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Upholds assessee’s CUP-method for benchmarking commission & CPM for export transaction

  • In Favour of Assessee
  • Citation Number : TS-567-ITAT-2017(PUN)-TP
  • Tax Payer : ThyssenKrupp Electrical Steel India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Final assessment order passed beyond Sec 144C(13) time limit not void; Follows Rain Cements

  • In Favour of Revenue
  • Citation Number : TS-566-ITAT-2017(Bang)-TP
  • Tax Payer : The Himalayan Drug Co
Income tax Appellate Tribunal

ITAT: Upholds intra-group services TP-adjustment; Rejects assessee’s remand request to patch up weak case

  • In Favour of Both, Partially
  • Citation Number : TS-565-ITAT-2017(Bang)-TP
  • Tax Payer : Safran Engineering Services India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rejects comparable retraction after 7-years; Mere amalgamation no reason to reject comparable

  • In Favour of Assessee
  • Citation Number : TS-564-ITAT-2017(DEL)-TP
  • Tax Payer : Evalueserve SEZ (Gurgaon) Private Ltd
Income tax Appellate Tribunal

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

  • In Favour of Assessee
  • Citation Number : TS-563-ITAT-2017(Bang)-TP
  • Tax Payer : Toyota Kirloskar Auto Parts Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rules on comparables selection for software development and ITeS segments; Follows precedents

  • In Favour of Both, Partially
  • Citation Number : TS-562-ITAT-2017(Bang)-TP
  • Tax Payer : Mphasis Ltd