Updates ( 9016 results )
ITAT: Deletes AMP adjustment on alleged brand enhancement of Hyundai Motor Corp, takes consistent view
- In Favour of Assessee
- Citation Number : TS-146-ITAT-2022(CHNY)-TP
- Tax Payer : Hyundai Motor India Ltd
ITAT: Denies delayed appeal against revisionary order as 'afterthought'; Rules on comparables in ITeS Segment
- In Favour of Both, Partially
- Citation Number : TS-145-ITAT-2022(Bang)-TP
- Tax Payer : Vee Technologies Pvt Ltd
ITAT: TP-adjustment cannot exceed amount of margin retained by AE; Follows precedent
- In Favour of Both, Partially
- Citation Number : TS-143-ITAT-2022(Mum)-TP
- Tax Payer : Trigyn Technologies Ltd.
ITAT: Remits benchmarking based on similar manufacturing comparables & advances written-off, claimed as extraordinary
- In Favour of Both, Partially
- Citation Number : TS-144-ITAT-2022(Bang)-TP
- Tax Payer : Indo Spanish Tasty Foods Pvt Ltd
ITAT: Rules on selection of comparables in SWD segment; Remits issue of interest on receivables
- In Favour of Both, Partially
- Citation Number : TS-141-ITAT-2022(Bang)-TP
- Tax Payer : Cypress Semiconductor Technology India Pvt Ltd
ITAT: Total revenue of Assessee & AE cannot exceed actual amount billed to customer; Upholds 5% markup
- In Favour of Assessee
- Citation Number : TS-139-ITAT-2022(Mum)-TP
- Tax Payer : Softdel Systems Pvt Ltd
ITAT: Allows additional legal ground, remits appeal to DRP for verification of AO’s jurisdiction
- In Favour of Assessee
- Citation Number : TS-140-ITAT-2022(Bang)-TP
- Tax Payer : SAP LABS India Pvt. Ltd
ITAT: Upholds RPM for standalone international transaction of purchase of traded goods, absent any change in FAR
- In Favour of Assessee
- Citation Number : TS-137-ITAT-2022(DEL)-TP
- Tax Payer : Grohe India Private Ltd
ITAT: Rules on selection of comparables for contract service provider; Follows precedent
- In Favour of Both, Partially
- Citation Number : TS-138-ITAT-2022(Bang)-TP
- Tax Payer : Micro Semi Storage Solutions India Pvt Ltd
ITAT: Accepts classification as trader, not manufacturer, for first year of operations; Directs fresh benchmarking exercise
- In Favour of Both, Partially
- Citation Number : TS-132-ITAT-2022(Mum)-TP
- Tax Payer : Toto India Industries Pvt Ltd
ITAT: Upholds guarantee commission fee of 0.6 % recovered on standby letter for AE; Follows precedent
- In Favour of Assessee
- Citation Number : TS-135-ITAT-2022(Bang)-TP
- Tax Payer : Hasham Traders
ITAT: Rules on selection of comparables in ITeS segment for captive servie-provider; Follows precedent
- In Favour of Assessee
- Citation Number : TS-133-ITAT-2022(Bang)-TP
- Tax Payer : Goldman Sachs Services Pvt. Ltd
ITAT: Remands the ‘Payment of corporate guarantee’ for benchmarking as international transaction; Follows precedent
- In Favour of Assessee
- Citation Number : TS-134-ITAT-2022(Mum)-TP
- Tax Payer : Peri (India) Private Limited
ITAT: Rules on selection of comparables for SWD segment; Follows precedent
- In Favour of Both, Partially
- Citation Number : TS-130-ITAT-2022(Bang)-TP
- Tax Payer : IDS Software Solutions Pvt Ltd
ITAT: Rules on selection of comparables, excludes 2 for MSS segment; Follows Electronics Imaging
- In Favour of Assessee
- Citation Number : TS-129-ITAT-2022(Bang)-TP
- Tax Payer : Texas Instruments (India) Pvt. Ltd
ITAT: Rules on comparables for BPO service provider, excludes 3, includes 2; Follows precedent
- In Favour of Assessee
- Citation Number : TS-128-ITAT-2022(Mum)-TP
- Tax Payer : Morgan Stanley Advantage Services Pvt Ltd
HC: Holds resolution of ground of delayed issuance of notice of assessment as 'preliminary issue' before adjudication of other issues
- In Favour of Both, Partially
- Citation Number : TS-714-HC-2021(MAD)-TP
- Tax Payer : Dormakaba India Private Ltd
ITAT: Upholds 5% as ALP rate of royalty and RPM as ‘MAM’ for Diesel Fashions’ routine distributor functions
- In Favour of Assessee
- Citation Number : TS-127-ITAT-2022(Mum)-TP
- Tax Payer : Diesel Fashion India Reliance Pvt Ltd
ITAT: Remits verification of ‘documentary evidence’ for cost recoveries; Upholds 6% as ALP interest on AE loan
- In Favour of Both, Partially
- Citation Number : TS-126-ITAT-2022(DEL)-TP
- Tax Payer : Jubilant Life Sciences Ltd
HC: Quashes assessment order passed during pendency of reference before DRP, directs for fresh order
- In Favour of Assessee
- Citation Number : TS-125-HC-2022(BOM)-TP
- Tax Payer : Hactom Agro Pvt Ltd