Updates ( 9012 results )
ITAT: Rules on comparables in SWD segment; Remits issues qua interest on receivables and management fee
- In Favour of Both, Partially
- Citation Number : TS-574-ITAT-2022(HYD)-TP
- Tax Payer : Infor (India) Private Limited
ITAT: Rules on comparables in Software engineering & Design services segment, remits capacity utilisation adjustment
- In Favour of Both, Partially
- Citation Number : TS-575-ITAT-2022(Bang)-TP
- Tax Payer : Airbus Group India Pvt Ltd
ITAT: Rules on TP-adjustment qua corporate-guarantee provided by Tata Sons to foreign-AE
- In Favour of Assessee
- Citation Number : TS-576-ITAT-2022(Mum)-TP
- Tax Payer : Tata Sons Ltd
ITAT: Adjudicates various adjustments including corporate guarantee, loan, etc qua Sun Pharma; Follows earlier order
- In Favour of Both, Partially
- Citation Number : TS-570-ITAT-2022(Ahd)-TP
- Tax Payer : Sun Pharmaceutical Industries Ltd
ITAT: Applies upper-turnover filter of 200 crores for SWD service provider; Remits working-capital adjustment
- In Favour of Assessee
- Citation Number : TS-571-ITAT-2022(Bang)-TP
- Tax Payer : Atos IT Services Private Limited
ITAT: Benchmarks royalty under trading segment given lack of comparables; Remits comparison
- In Favour of Assessee
- Citation Number : TS-567-ITAT-2022(Bang)-TP
- Tax Payer : Wipro GE Healthcare Pvt Ltd
ITAT: Remits ALP determination of AMP expenses for Diageo India, follows earlier order
- In Favour of Both, Partially
- Citation Number : TS-565-ITAT-2022(Mum)-TP
- Tax Payer : Diageo India Pvt Ltd
ITAT: Deletes concealment penalty levied on Sun Pharma for Pantoprazole supply as quantum addition deleted
- In Favour of Both, Partially
- Citation Number : TS-566-ITAT-2022(Ahd)-TP
- Tax Payer : Sun Pharmaceutical Industries Ltd
ITAT: Adjudicates on various issues qua working-capital adjustment, treatment of FOREX fluctuation, comparables selection & more!
- In Favour of Both, Partially
- Citation Number : TS-559-ITAT-2022(Bang)-TP
- Tax Payer : Inteva Products India Automotive Pvt Ltd
ITAT: Includes Marketing Consultants Agencies Ltd as comparable; Considers AO/TPO's failure to comply with DRP’s direction
- In Favour of Assessee
- Citation Number : TS-560-ITAT-2022(Mum)-TP
- Tax Payer : NBC Fashion India Private Limited
ITAT: Remits TP-adjustment qua sourcing commission payment for Nike India; Accepts royalty-payment adjustment
- In Favour of Both, Partially
- Citation Number : TS-561-ITAT-2022(Bang)-TP
- Tax Payer : Nike India Private Limited
ITAT: Remits ALP determination w.r.t interest on delayed AE-receivables; Directs following rules with proper benchmarking study
- In Favour of Assessee
- Citation Number : TS-562-ITAT-2022(Bang)-TP
- Tax Payer : Safran Engineering Services India Pvt Ltd
ITAT: Rules on comparable for logistics-services provider; Excludes company citing presence of ‘un-allocable revenue/expenditure’
- In Favour of Both, Partially
- Citation Number : TS-553-ITAT-2022(Mum)-TP
- Tax Payer : OOCL Logistics (India) Pvt Ltd
ITAT: Excludes L&T, Infosys, Persistent citing extraordinary event, functional dissimilarity; Restricts interest @LIBOR+250 on receivables
- In Favour of Both, Partially
- Citation Number : TS-554-ITAT-2022(HYD)-TP
- Tax Payer : Indeed India Operations Private Limited
ITAT: Determines LIBOR+2% as interest on delayed AE-receivables; Follows Aurionpro Solutions HC-ruling
- In Favour of Assessee
- Citation Number : TS-555-ITAT-2022(Bang)-TP
- Tax Payer : Rittal India Pvt Ltd
ITAT: Adopts foreign AE as tested party for WNS; No aggregation of different sets of transaction for ITeS
- In Favour of Assessee
- Citation Number : TS-556-ITAT-2022(Mum)-TP
- Tax Payer : WNS Global Services Pvt Ltd
ITAT: Rules on comparable qua assessee's Corporate Support / Contract R&D Services segments
- In Favour of Both, Partially
- Citation Number : TS-557-ITAT-2022(HYD)-TP
- Tax Payer : International Speciality Products (India) Private Limited
ITAT: Remits characterization issue of technical and marketing services, TP-adjustment w.r.t warranty cost; Follows earlier-order
- In Favour of Assessee
- Citation Number : TS-549-ITAT-2022(Bang)-TP
- Tax Payer : Dell International Services India Private Limited
ITAT: Holds admin/IT support-services not stewardship services, accepts foreign-AE as tested party; Follows precedent
- In Favour of Both, Partially
- Citation Number : TS-550-ITAT-2022(Kol)-TP
- Tax Payer : Almatis Alumina Pvt. Ltd
ITAT: Deletes adjustment qua sea-farer expenses reimbursed by AE, notes incorrect factual appreciation
- In Favour of Assessee
- Citation Number : TS-551-ITAT-2022(Mum)-TP
- Tax Payer : Zodiac Maritime Agencies India Pvt Ltd