Updates ( 9011 results )
ITAT: Remits AMP adjustment qua IBM India to verify if expenses factored in net cost
- In Favour of Both, Partially
- Citation Number : TS-781-ITAT-2022(Bang)-TP
- Tax Payer : IBM India Pvt Ltd
HC: Dismisses Revenue’s appeal on comparables-selection absent substantial question of law
- In Favour of Assessee
- Citation Number : TS-782-HC-2022(DEL)-TP
- Tax Payer : Bechtel India P Ltd
ITAT: Directs adoption of interest rate at LIBOR + 3%, considers credit period as agreed between AE and assessee
- In Favour of Assessee
- Citation Number : TS-783-ITAT-2022(Bang)-TP
- Tax Payer : International Aerospace Manufacturing Private Ltd
ITAT: Observes, cannot term services as ITES only because they're rendered using IT medium
- In Favour of Assessee
- Citation Number : TS-784-ITAT-2022(Bang)-TP
- Tax Payer : Dell International Services India Private Ltd
ITAT: Accepts Anchor Electricals' plea w.r.t royalty for technical know-how; Directs AO to modify erroneous TP-adjustment
- In Favour of Both, Partially
- Citation Number : TS-778-ITAT-2022(Mum)-TP
- Tax Payer : Anchor Electricals Private Limited
ITAT: Adopts corporate guarantee commission at 0.5%, follows earlier order
- In Favour of Assessee
- Citation Number : TS-779-ITAT-2022(PUN)-TP
- Tax Payer : Varroc Engineering Pvt Ltd
ITAT: Holds LIBOR not always the rate for intra-bank transactions; Deletes adjustment of interest paid on FCBs
- In Favour of Assessee
- Citation Number : TS-780-ITAT-2022(Mum)-TP
- Tax Payer : Shinhan Bank
ITAT: Excludes comparables citing extraordinary event of acquisition, amalgamation etc; Remits margin-computation
- In Favour of Both, Partially
- Citation Number : TS-776-ITAT-2022(PUN)-TP
- Tax Payer : Velocity Tech-Sol India Pvt Ltd
ITAT: Deletes TP-adjustment made via invalid order not containing DIN; No provision for substitution of order
- In Favour of Assessee
- Citation Number : TS-775-ITAT-2022(Bang)-TP
- Tax Payer : Intrado EC India Private Ltd (formerly West Unified Communications India Pvt Ltd]
ITAT: Rejects Nil ALP determination of management charges and interest on FCCDs paid to AE
- In Favour of Both, Partially
- Citation Number : TS-773-ITAT-2022(CHNY)-TP
- Tax Payer : Howden Solyvent (India) Pvt Ltd
ITAT: Deletes TP-adjustment qua reimbursement of expenses; Follows precedent
- In Favour of Assessee
- Citation Number : TS-772-ITAT-2022(Mum)-TP
- Tax Payer : NESS digital Engineering (India) P Ltd
ITAT: Grants assessee opportunity to justify change in MAM from TNMM to internal CUP
- In Favour of Assessee
- Citation Number : TS-771-ITAT-2022(CHNY)-TP
- Tax Payer : Seoyon E-HWA Automotive Chennai Pvt Ltd
ITAT: Rules on commission qua 'old' and 'new' corporate guarantees, interest on AE-loan
- In Favour of Both, Partially
- Citation Number : TS-770-ITAT-2022(Mum)-TP
- Tax Payer : Mahindra & Mahindra Ltd
ITAT: Rules on comparables; Rejects adjustment for underutilization of capacity and application of multiple year data
- In Favour of Both, Partially
- Citation Number : TS-765-ITAT-2022(CHNY)-TP
- Tax Payer : Eversendai Construction Pvt Ltd
ITAT: Rules on comparables under SWD, MSS segments; Holds outstanding trade receivables as international-transaction
- In Favour of Both, Partially
- Citation Number : TS-767-ITAT-2022(Bang)-TP
- Tax Payer : Synamedia India Pvt Ltd
ITAT: Excludes comparables citing extraordinary event of amalgamation, merger etc for SWD service provider
- In Favour of Both, Partially
- Citation Number : TS-764-ITAT-2022(PUN)-TP
- Tax Payer : SAS Research & Development India Pvt Ltd
ITAT: Treats forex gain, insurance claim as operating in nature; Remits issue qua payment for IGS
- In Favour of Both, Partially
- Citation Number : TS-766-ITAT-2022(PUN)-TP
- Tax Payer : Dana India Private Limited
ITAT: Deletes adjustment w.r.t outstanding AE-receivables; Follows Kusum Health care
- In Favour of Assessee
- Citation Number : TS-759-ITAT-2022(Mum)-TP
- Tax Payer : Aquity Solutions India Pvt Ltd (Earlier known as M Modal Global Services Pvt Ltd)
ITAT: Quashes final order passed beyond limitation period, De novo assessment not ordered in first round
- In Favour of Assessee
- Citation Number : TS-760-ITAT-2022(Bang)-TP
- Tax Payer : Mindtree Ltd (Previously known as Aztecsoft Ltd)
ITAT: Adopts corporate-guarantee commission at 0.5%, remits issue w.r.t notional interest on AE-receivables
- In Favour of Both, Partially
- Citation Number : TS-761-ITAT-2022(Bang)-TP
- Tax Payer : Medreich Limited