Updates ( 9011 results )
ITAT: Deletes AMP-adjustment, follows assessee's own orders carrying greater precedential value; Remits MAM-selection
- In Favour of Both, Partially
- Citation Number : TS-735-ITAT-2022(DEL)-TP
- Tax Payer : Xerox India Ltd. (Previously known as Xerox Modicorp Limited)
ITAT: Allows working capital adjustment on actuals to bring comparables at par with assessee; Follows precedents
- In Favour of Assessee
- Citation Number : TS-736-ITAT-2022(Bang)-TP
- Tax Payer : Leoch Batteries India Pvt Ltd
ITAT: Remits ALP determination of export of finished goods given non-consideration of evidence
- In Favour of Both, Partially
- Citation Number : TS-738-ITAT-2022(Bang)-TP
- Tax Payer : Herbalife International India Pvt Ltd
ITAT: Directs considering external TNMM instead of internal TNMM to determine ALP; Modifies earlier order
- In Favour of Assessee
- Citation Number : TS-737-ITAT-2022(Bang)-TP
- Tax Payer : Inteva Products India Automotive P Ltd
ITAT: Excludes 7 comparables with turnover exceeding 200Cr qua SWD service provider, follows precedents
- In Favour of Both, Partially
- Citation Number : TS-739-ITAT-2022(Bang)-TP
- Tax Payer : Dover India Pvt Ltd
ITAT: Rules on comparables qua software services / SWD segments; Remits royalty-payment issue, emphasizes on consistency
- In Favour of Both, Partially
- Citation Number : TS-730-ITAT-2022(Bang)-TP
- Tax Payer : Wipro GE Healthcare Pvt Ltd
ITAT: Excludes 10 comparables for failing upper turnover filter of 200Cr, follows BORQS ruling
- In Favour of Both, Partially
- Citation Number : TS-732-ITAT-2022(Bang)-TP
- Tax Payer : Marvell India Pvt Ltd
ITAT: Excludes 3, includes 4 as comparables for SWD service provider; Remits interest on receivables plea
- In Favour of Both, Partially
- Citation Number : TS-729-ITAT-2022(Bang)-TP
- Tax Payer : Hewlett Packard (India) Software Operation P Ltd
HC: AMP expenses not an international transaction; Dismisses Revenue’s appeal, Follows precedent
- In Favour of Assessee
- Citation Number : TS-731-HC-2022(DEL)-TP
- Tax Payer : Amadeus India Pvt. Ltd.
ITAT: Upholds deletion of TP-adjustment qua depreciation on purchase of business rights, follows earlier order
- In Favour of Assessee
- Citation Number : TS-733-ITAT-2022(Mum)-TP
- Tax Payer : WNS Global Services Pvt Ltd
ITAT: Upholds Sec 263 revisionary order; TPO-reference mandatory, Non-compliance of Instruction prejudicial to Revenue
- In Favour of Revenue
- Citation Number : TS-722-ITAT-2022(Bang)-TP
- Tax Payer : PGS Premiere Conferencing Private Limited
ITAT: Allows working capital adjustment on actuals; Remits issues qua forex currency filter, treatment of forex loss
- In Favour of Both, Partially
- Citation Number : TS-727-ITAT-2022(Bang)-TP
- Tax Payer : FMC India Pvt Ltd
ITAT: Upholds CIT(A) order; Adopts foreign AE as tested party for being least complex in nature
- In Favour of Assessee
- Citation Number : TS-728-ITAT-2022(Mum)-TP
- Tax Payer : Inventurus Knowledge Solutions Private Limited
ITAT: Excludes MSS companies as comparables for BSS provider; Allows working capital adjustment
- In Favour of Both, Partially
- Citation Number : TS-726-ITAT-2022(Bang)-TP
- Tax Payer : Lloyds Offshore Global Services Private Limited
ITAT: Rules on comparables in SWD and ITeS segments; Directs exclusion for failing the functionality test
- In Favour of Both, Partially
- Citation Number : TS-723-ITAT-2022(Bang)-TP
- Tax Payer : HP PPS Services India Pvt Ltd
ITAT: Deletes TP-adjustment qua interest on outstanding AE-receivables, Considers non-AE comparable situation
- In Favour of Assessee
- Citation Number : TS-724-ITAT-2022(CHNY)-TP
- Tax Payer : Integra Software Services P Ltd
ITAT: Deletes AMP-adjustment for Essilor India; Follows earlier order applying rule of consistency
- In Favour of Assessee
- Citation Number : TS-725-ITAT-2022(Bang)-TP
- Tax Payer : Essilor India Private Limited
ITAT: Deletes TP-adjustment qua payment for advisory services, Assessee sufficiently proves receipt of services
- In Favour of Assessee
- Citation Number : TS-718-ITAT-2022(PUN)-TP
- Tax Payer : Grupo Antolin India Private Limited
ITAT: Quashes Sec-263 order, TPO-reference qua SDT unnecessary as CBDT Instruction conditions not fulfilled
- In Favour of Assessee
- Citation Number : TS-719-ITAT-2022(Kol)-TP
- Tax Payer : Zydus Healthcare Limited (Successor to Zydus Healthcare Sikkim)
ITAT: Directs TPO to compute ALP at transaction level, ensure exclusion of non-operating items qua sales
- In Favour of Both, Partially
- Citation Number : TS-720-ITAT-2022(PUN)-TP
- Tax Payer : Magna Automotive India Pvt Ltd