Updates ( 9016 results )
ITAT: Restores Timex’s AMP-adjustment, directs consistency with SC's directions on pending matters
- In Favour of Both, Partially
- Citation Number : TS-578-ITAT-2021(DEL)-TP
- Tax Payer : Timex Group India Limited
ITAT: Deletes twin TP-adjustment on payment of export commission and export royalty; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-575-ITAT-2021(DEL)-TP
- Tax Payer : Honda Motorcycle and Scooter India Private Limited
ITAT: Rejects aggregated TNMM approach for royalty, directs application of external-CUP; rules on various IGS
- In Favour of Both, Partially
- Citation Number : TS-574-ITAT-2021(DEL)-TP
- Tax Payer : Johnson Matthey India P. Ltd
ITAT: Excludes functionally dissimilar comparables, Upholds unobjected margin qua 1st round of appellate proceedings
- In Favour of Both, Partially
- Citation Number : TS-571-ITAT-2021(DEL)-TP
- Tax Payer : Fiserv CE Private Limited
ITAT: Adjudicates on IT & ITES comparables; Remits issues wrt working-capital adjustment and provisions written-back
- In Favour of Both, Partially
- Citation Number : TS-569-ITAT-2021(Bang)-TP
- Tax Payer : First Advantage Global Operating Centre Pvt Ltd (Formerly known as First Advantage Offshore Services Pvt. Ltd.,)
ITAT: Remits assessee’s functional characterization and TP-adjustment on receivables, follows earlier order
- In Favour of Both, Partially
- Citation Number : TS-570-ITAT-2021(DEL)-TP
- Tax Payer : Dassault Systems India Pvt Ltd
ITAT: Remits grant of negative working capital adjustment, rules on comparables for SWD segment; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-572-ITAT-2021(Bang)-TP
- Tax Payer : Aptean India Pvt. Ltd
ITAT: Upholds TP adjustment on management fees for lack of relevant documentary evidence
- In Favour of Revenue
- Citation Number : TS-566-ITAT-2021(CHNY)-TP
- Tax Payer : Lite-on Mobile India Pvt.Ltd
ITAT: Rejects comparison with Infosys BPM, Dun & Bradstreet while remits Nihilent Analytics over mapping segment
- In Favour of Both, Partially
- Citation Number : TS-567-ITAT-2021(DEL)-TP
- Tax Payer : Cowi India Pvt. Ltd
ITAT: Allows MA over non-service of Revenue's written submission due to COVID restrictions
- In Favour of Assessee
- Citation Number : TS-568-ITAT-2021(Mum)-TP
- Tax Payer : CLSA India Pvt Ltd
ITAT: Remits ALP-computation basis margins for years held to be comparable, consideration of working-capital adjustment, etc
- In Favour of Both, Partially
- Citation Number : TS-561-ITAT-2021(Bang)-TP
- Tax Payer : Barracuda Networks India Private Limited
ITAT: Rejects functionally dissimilar companies for Business support segment, remits incorrect margin computation
- In Favour of Both, Partially
- Citation Number : TS-564-ITAT-2021(DEL)-TP
- Tax Payer : Qualcomm India Pvt. Ltd.
ITAT: Treats forex gain as operating; Deletes TP-adjustment on interest on AE receivables
- In Favour of Assessee
- Citation Number : TS-559-ITAT-2021(DEL)-TP
- Tax Payer : Convergys India Services Pvt Ltd
ITAT: Applies turnover filter for excluding 6 comparables, remits TP-adjustment for interest on AE-receivables
- In Favour of Both, Partially
- Citation Number : TS-560-ITAT-2021(Bang)-TP
- Tax Payer : Xchanging Solutions Ltd
ITAT: Deletes TP-adjustment by applying APA-terms for year not covered under APA; Follows precedents
- In Favour of Assessee
- Citation Number : TS-563-ITAT-2021(Ahd)-TP
- Tax Payer : Mission Pharma Logistics (India) P Ltd
ITAT: Upholds gross margin as ‘PLI’ under Other Method; Rejects Foreign AE as tested party; Remits ALP determination
- In Favour of Both, Partially
- Citation Number : TS-558-ITAT-2021(PUN)-TP
- Tax Payer : A Raymond Fasteners India Private Limited
ITAT: Denies stay to assessee absent prima-facie case and willingness to pay disputed-demand
- In Favour of Assessee
- Citation Number : TS-556-ITAT-2021(CHNY)-TP
- Tax Payer : HSI Automatives Pvt Ltd
ITAT: Includes e4e Healthcare Business, remits ICRA Online Limited for ITES segment; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-555-ITAT-2021(Bang)-TP
- Tax Payer : Arctern Consulting (P) Ltd
ITAT: Rules on BSS comparables being akin to market support services; Remits working-capital adjustment
- In Favour of Both, Partially
- Citation Number : TS-557-ITAT-2021(Bang)-TP
- Tax Payer : Lloyds Offshore Global Services Private Limited
ITAT: Grants 50% ‘discounting’ adjustment for brokerage-services vis-a-vis independent & overseas clients; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-550-ITAT-2021(Mum)-TP
- Tax Payer : Morgan Stanley India Company Private Limited (Formerly known as J.M. Morgan Stanley Securities Private Limited)