Updates ( 9006 results )
ITAT: Holds LIBOR benchmarking appropriate for interest on AE-loan; Deletes TP-adjustment
- In Favour of Assessee
- Citation Number : TS-201-ITAT-2023(Kol)-TP
- Tax Payer : Eveready Industries India Ltd
ITAT: Treats special loan transaction separate and distinct from loan simplicitor; Follows precedents
- In Favour of Assessee
- Citation Number : TS-200-ITAT-2023(Mum)-TP
- Tax Payer : Tata Chemicals Limited
ITAT: TPO's finding w.r.t non-receipt of management services erroneous, deletes TP-adjustment
- In Favour of Assessee
- Citation Number : TS-198-ITAT-2023(PUN)-TP
- Tax Payer : Benteler Automotive India Private Limited
ITAT: Rules on comparables' selection under SWD / ITeS segments, follows precedents
- In Favour of Both, Partially
- Citation Number : TS-199-ITAT-2023(Bang)-TP
- Tax Payer : Tangoe India Softek Services Private Limited
ITAT: Accepts assessee’s aggregate approach qua sale of imported and assembles products; Deletes AMP adjustment
- In Favour of Assessee
- Citation Number : TS-194-ITAT-2023(Mum)-TP
- Tax Payer : Gigabyte Technology (India) Private Ltd
ITAT: Deletes excess AMP expenditure, excludes comparables, dismisses assessee’s appeal as infructuous
- In Favour of Both, Partially
- Citation Number : TS-193-ITAT-2023(Bang)-TP
- Tax Payer : Alcon Laboratories (India) Pvt Ltd
ITAT: Holds TP-provisions inapplicable to income covered under Tonnage Tax Scheme; Follows precedent
- In Favour of Assessee
- Citation Number : TS-197-ITAT-2023(Kol)-TP
- Tax Payer : Sarat Chatterjee & Co VSP Pvt Ltd
ITAT: Remits ALP determination qua management service charges citing assessee’s failure to provide evidence
- In Favour of Both, Partially
- Citation Number : TS-196-ITAT-2023(CHNY)-TP
- Tax Payer : TENOVA India Pvt Ltd
ITAT: Margin accepted under MAP w.r.t interest on delayed Swiss AE-receivables applicable to non-AE transactions also
- In Favour of Assessee
- Citation Number : TS-195-ITAT-2023(Bang)-TP
- Tax Payer : ABB Global Industries & Services P Ltd
ITAT: Upholds 0.5% guarantee fee following earlier order; Remits benchmarking interest on AE advances
- In Favour of Both, Partially
- Citation Number : TS-190-ITAT-2023(Mum)-TP
- Tax Payer : Hindalco Industries Ltd
ITAT: Upholds deletion of TP-adjustment qua commission for procurement, assignment of contract w.r.t offshore drilling
- In Favour of Both, Partially
- Citation Number : TS-191-ITAT-2023(Mum)-TP
- Tax Payer : Transocean Drilling Services (I) Pvt Ltd
ITAT: Benefit of tolerance-range available even with a single comparable, Follows earlier order
- In Favour of Assessee
- Citation Number : TS-192-ITAT-2023(Kol)-TP
- Tax Payer : Philips India Limited
ITAT: Dismisses assessee’s appeal for want of removal of defects in an ex-parte order
- In Favour of Revenue
- Citation Number : TS-934-ITAT-2022(CHNY)-TP
- Tax Payer : Slam Clothing Pvt Ltd
ITAT: Rejects segmental allocation of employee cost citing maintenance of separate records; Rules on comparables
- In Favour of Both, Partially
- Citation Number : TS-189-ITAT-2023(DEL)-TP
- Tax Payer : WSP Consultants India Pvt Ltd
ITAT: Upholds fixing guarantee commission @0.35%, internal CUP qua brokerage, levying mark-up on expense reimbursement
- In Favour of Both, Partially
- Citation Number : TS-188-ITAT-2023(Mum)-TP
- Tax Payer : Macrotech Developers Limited
ITAT: Rules on comparables, remits margin computation for captive service provider; Follows Precedents
- In Favour of Both, Partially
- Citation Number : TS-187-ITAT-2023(Bang)-TP
- Tax Payer : EMC Software and Services India P Ltd
ITAT: Deletes BLT based AMP adjustment in RayBan's case in second round of proceedings
- In Favour of Assessee
- Citation Number : TS-184-ITAT-2023(DEL)-TP
- Tax Payer : Ray Ban Sun Optics India Pvt Ltd
ITAT: Deletes TP-adjustment qua SDTs considering omission of Sec 92BA(i); Follows precedents
- In Favour of Assessee
- Citation Number : TS-185-ITAT-2023(CHNY)-TP
- Tax Payer : Voora Property Developers Pvt Ltd
ITAT: Accepts CUP as MAM for Lenovo India's manufacturing segment; Follows earlier-order
- In Favour of Assessee
- Citation Number : TS-186-ITAT-2023(Bang)-TP
- Tax Payer : Lenovo (India) Private Ltd
ITAT: Upholds DRP’s adoption of interest @LIBOR+2%; Affirms exclusion of Infosys, L&T Infotech as comparables
- In Favour of Assessee
- Citation Number : TS-719-ITAT-2021(HYD)-TP
- Tax Payer : Prithvi Information Solutions Ltd.