Updates ( 9016 results )
ITAT: Deletes royalty ALP adjustment; Disregards TPO’s “benefit-test” application
- In Favour of Assessee
- Citation Number : TS-409-ITAT-2021(HYD)-TP
- Tax Payer : Niehoff of India Pvt Ltd
ITAT: Quashes three Sec 263 revisionary orders given assessment order not ‘prejudicial to Revenue’
- In Favour of Assessee
- Citation Number : TS-407-ITAT-2021(JODH)-TP
- Tax Payer : PI Industries Limited
ITAT: Quashes three Sec 263 revisionary orders given assessment order not ‘prejudicial to Revenue’
- In Favour of Assessee
- Citation Number : TS-406-ITAT-2021(JODH)-TP
- Tax Payer : Secure Meters Limited
ITAT: Deletes penalty u/s 271AA; Retrospective applicability a ‘sufficient cause’ for non-reporting
- In Favour of Assessee
- Citation Number : TS-408-ITAT-2021(HYD)-TP
- Tax Payer : C3i Support Services Private Limited
ITAT: Permits assessee’s appeal withdrawal given resolution of TP issues under Unilateral APA
- In Favour of Assessee
- Citation Number : TS-404-ITAT-2021(PUN)-TP
- Tax Payer : Medline Industries India Private Limited
ITAT: Excludes Acropetal Technologies, e-Zest Solutions amongst others for software-development service segment
- In Favour of Assessee
- Citation Number : TS-402-ITAT-2021(Bang)-TP
- Tax Payer : Nvidia Graphics Pvt Ltd
ITAT: Applies internal TNMM for the purpose of benchmarking SWD segment; Follows earlier-orders
- In Favour of Both, Partially
- Citation Number : TS-401-ITAT-2021(HYD)-TP
- Tax Payer : Palred Technologies Ltd.
ITAT: Quashes assessment order passed on non-existent merged entity as bad-in-law; Follows Maruti Suzuki ruling
- In Favour of Assessee
- Citation Number : TS-400-ITAT-2021(PUN)-TP
- Tax Payer : Garrett Motion Technologies (India) Private Limited
ITAT: Rejects recharacterization of debentures/CCD as shares; Remits ALP determination
- In Favour of Both, Partially
- Citation Number : TS-399-ITAT-2021(PUN)-TP
- Tax Payer : City Corporation Limited
ITAT: Upholds application of internal CUP to benchmark corporate guarantee; Follows precedents
- In Favour of Assessee
- Citation Number : TS-398-ITAT-2021(Mum)-TP
- Tax Payer : Greatship (India) Ltd
ITAT: Excludes Rubicon Research and GVK Biosciences as comparables for captive R&D service provider
- In Favour of Assessee
- Citation Number : TS-397-ITAT-2021(Bang)-TP
- Tax Payer : Invitrogen Bioservices India Pvt Ltd
ITAT: Deletes TP-adjustment on royalty payments made basis comparison with another controlled transaction, Follows precedents
- In Favour of Assessee
- Citation Number : TS-392-ITAT-2021(PUN)-TP
- Tax Payer : Atlas Copco (India) Limited
ITAT: Remits several companies under engineering-design service segment for consideration in light of FAR-analysis
- In Favour of Both, Partially
- Citation Number : TS-395-ITAT-2021(Bang)-TP
- Tax Payer : GE BE Pvt Ltd
ITAT: Considering foreign AEs as tested party, restores ALP determination; Follows earlier-order
- In Favour of Both, Partially
- Citation Number : TS-394-ITAT-2021(Ahd)-TP
- Tax Payer : Sun Pharmaceuticals Industries Ltd
ITAT: Following earlier orders, remits ALP-determination w.r.t royalty-payments, management fee
- In Favour of Both, Partially
- Citation Number : TS-391-ITAT-2021(PUN)-TP
- Tax Payer : Carraro India Private Limited
ITAT: Restricts TP-adjustment to AE-transaction; Rules on SWD comparables and grants working-capital adjustment
- In Favour of Both, Partially
- Citation Number : TS-390-ITAT-2021(Bang)-TP
- Tax Payer : EIT Services India Pvt. Ltd. (formerly known as Hewlett Packard Global Soft Pvt. Ltd.
ITAT: Deletes AMP-adjustment absent agreement between assessee and AE; Accepts RPM as MAM for trading-segment
- In Favour of Assessee
- Citation Number : TS-389-ITAT-2021(Mum)-TP
- Tax Payer : Bristol Myers Squibb India Private Limited
ITAT: Directs DRP to determine MAM by addressing Assessee's objection, pass speaking-order
- In Favour of Assessee
- Citation Number : TS-386-ITAT-2021(Bang)-TP
- Tax Payer : Shindengen India Pvt Ltd
ITAT: Interest “payable” not covered under Art.11 of India-Cyprus DTAA; Deletes TP-adjustment
- In Favour of Assessee
- Citation Number : TS-384-ITAT-2021(DEL)-TP
- Tax Payer : Mondon Investments Ltd
ITAT: Rules on SWD comparables; Grants working-capital adjustment on actual basis
- In Favour of Assessee
- Citation Number : TS-385-ITAT-2021(Bang)-TP
- Tax Payer : EF Information Systems Private Limited