Updates ( 9016 results )

ITAT: Rejects Revenue’s appeal alleging excessive royalty-payment, relies on ChrysCapital Investment HC-ruling

  • In Favour of Assessee
  • Citation Number : TS-505-ITAT-2021(DEL)-TP
  • Tax Payer : Amway India Enterprises Pvt Ltd

ITAT: Upholds deletion of ALP-adjustment on allocation of salary, interest on loans

  • In Favour of Assessee
  • Citation Number : TS-501-ITAT-2021(Mum)-TP
  • Tax Payer : Rabo India Finance Limited

ITAT: Restores appeal over selection of comparables to DRP with direction for considering Assessee's evidence

  • In Favour of None/NA
  • Citation Number : TS-500-ITAT-2021(HYD)-TP
  • Tax Payer : R.A.K. Ceramics India Pvt. Ltd

ITAT: Grants stay, considers 20% of demand already paid, prima facie favourability of case

  • In Favour of Assessee
  • Citation Number : TS-498-ITAT-2021(Bang)-TP
  • Tax Payer : Capco Technologies Pvt Ltd

ITAT: Extends stay, considers payment of 20% demand; Delay in appeal-disposal not attributable to assessee

  • In Favour of Assessee
  • Citation Number : TS-497-ITAT-2021(CHNY)-TP
  • Tax Payer : Durr India Private Limited

ITAT: Excludes multiple comparables under Software-Development, Marketing-Support Services segments; Remits working capital adjustment

  • In Favour of Assessee
  • Citation Number : TS-494-ITAT-2021(Bang)-TP
  • Tax Payer : Mformation Software Technologies (I) Pvt Ltd

ITAT: Deletes TP adjustment on financial guarantee and interest on AE loans; Follows earlier orders

  • In Favour of Assessee
  • Citation Number : TS-493-ITAT-2021(Mum)-TP
  • Tax Payer : Greatship (India) Ltd

ITAT: Restricts TP-adjustment to 0.5% considering guarantee as international-transaction; Follows Redington over assessee’s own case

  • In Favour of Both, Partially
  • Citation Number : TS-492-ITAT-2021(Ahd)-TP
  • Tax Payer : Rubamin Ltd

ITAT: Remits benchmarking of management-services & selection of comparable for freight-forwarding business; Follows earlier-orders

  • In Favour of Both, Partially
  • Citation Number : TS-496-ITAT-2021(DEL)-TP
  • Tax Payer : JAS Forwarding Worldwide Pvt Ltd

ITAT: Deletes AMP adjustment basis favourable precedents, absent agreement between assessee and AE

  • In Favour of Assessee
  • Citation Number : TS-495-ITAT-2021(CHNY)-TP
  • Tax Payer : Nippon Paint India Pvt Ltd

ITAT: Extends stay for Google India; Follows Pepsi Foods, SAP Labs rulings

  • In Favour of Assessee
  • Citation Number : TS-491-ITAT-2021(Bang)-TP
  • Tax Payer : Google India Pvt Ltd

ITAT: Grants further stay-extension; Delay in appeal-disposal due to pandemic not attributable to assessee

  • In Favour of Assessee
  • Citation Number : TS-490-ITAT-2021(Bang)-TP
  • Tax Payer : Dell International Services India Pvt Ltd

ITAT: Grants further stay-extension of 3 months; Assessee not to seek adjournment unless necessary

  • In Favour of Assessee
  • Citation Number : TS-1264-ITAT-2020(CHNY)-TP
  • Tax Payer : Doosan Power Systems India Pvt Ltd

ITAT: Denies further extension of stay given expiry of multiple stay extensions granted earlier

  • In Favour of Assessee
  • Citation Number : TS-489-ITAT-2021(CHNY)-TP
  • Tax Payer : LLM Appliances Pvt Ltd

ITAT: Extends stay of demand for additional two months, acknowledges pendency of rectification application

  • In Favour of Assessee
  • Citation Number : TS-488-ITAT-2021(CHNY)-TP
  • Tax Payer : Aban Offshore Ltd

ITAT: Allows assessee's MA; Recalls Tribunal order for adjudicating on TP issues

  • In Favour of Assessee
  • Citation Number : TS-487-ITAT-2021(Mum)-TP
  • Tax Payer : Swiss Re Services India Private Ltd

ITAT: No negative working capital adjustment for captive service provider; Follows precedents

  • In Favour of Both, Partially
  • Citation Number : TS-485-ITAT-2021(Bang)-TP
  • Tax Payer : Kronos Systems India Pvt. Ltd

ITAT: Allows Revenue’s MA; Recalls Tribunal-order for adjudicating adjustment w.r.t interest on AE-loan

  • In Favour of Revenue
  • Citation Number : TS-486-ITAT-2021(Mum)-TP
  • Tax Payer : Laqshya Media Pvt Ltd

ITAT: Upholds corporate guarantee commission of 0.5% at ALP; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-484-ITAT-2021(Mum)-TP
  • Tax Payer : Dorf Ketal Chemicals India Pvt Ltd

ITAT: Grants conditional stay for six months; Directs additional payment of INR 10 lacs

  • In Favour of Assessee
  • Citation Number : TS-482-ITAT-2021(Bang)-TP
  • Tax Payer : Borqs Software Solutions Pvt Ltd