Updates ( 9016 results )
ITAT: Grants deduction towards FOREX loss; Deletes TP-addition made w.r.t marketing service fees
- In Favour of Assessee
- Citation Number : TS-298-ITAT-2021(Mum)-TP
- Tax Payer : Sabre Travel Technologies Pvt Ltd
ITAT: Deletes TP adjustment on account of interest on outstanding receivables
- In Favour of Assessee
- Citation Number : TS-297-ITAT-2021(HYD)-TP
- Tax Payer : IVY Comptech Pvt. Ltd.
ITAT: Allows assessee’s appeal; Deletes Sec.271BA penalty for failure to report "retrospective" international transactions
- In Favour of Assessee
- Citation Number : TS-294-ITAT-2021(HYD)-TP
- Tax Payer : Batronics India Limited
ITAT: Quashes Sec.263-order; TPO reference for SDT not required post omission of Sec-92BA(i)
- In Favour of Assessee
- Citation Number : TS-295-ITAT-2021(Ahd)-TP
- Tax Payer : Shri Ashish Subodchandra Shah
ITAT: Remits ALP determination qua payment for advisory services; Follows earlier orders
- In Favour of Assessee
- Citation Number : TS-289-ITAT-2021(PUN)-TP
- Tax Payer : Emerson Climate Technologies (India) Private Limited
ITAT: Remits TP-adjustments w.r.t royalty-payments, management fee; Follows earlier order
- In Favour of Both, Partially
- Citation Number : TS-290-ITAT-2021(PUN)-TP
- Tax Payer : Carraro India Private Limited
ITAT: Remits TP-adjustment on advances to examine whether investment made for equity-purpose; Partly allows assessee's-MA
- In Favour of Both, Partially
- Citation Number : TS-288-ITAT-2021(HYD)-TP
- Tax Payer : GSS Infotech Ltd
ITAT: Grants conditional stay of three months; directs assessee to not seek adjournment unless necessary
- In Favour of Revenue
- Citation Number : TS-287-ITAT-2021(CHNY)-TP
- Tax Payer : Sanmina SCI India Pvt Ltd
ITAT: Deletes TP-adjustment on notional interest on receivables for debt free company
- In Favour of Assessee
- Citation Number : TS-286-ITAT-2021(DEL)-TP
- Tax Payer : Avaya India Pvt Ltd
ITAT: Excludes functionally dissimilar Infosys BPO, TCS E-serve; Includes Crystal Voxx as comparables for ITES
- In Favour of Both, Partially
- Citation Number : TS-285-ITAT-2021(Bang)-TP
- Tax Payer : Ocwen Financial Solutions Pvt Ltd
ITAT: Cannot reopen assessment for MAM-substitution to satisfy assessee’s needs; Confirms CUP as MAM
- In Favour of Revenue
- Citation Number : TS-1145-ITAT-2017(CHNY)-TP
- Tax Payer : POS Hyundai Steel Manufacturing Pvt Ltd
HC: Precludes assessee from challenging AO's Sec-154 jurisdiction-issue which wasn't contested before lower-authorities
- In Favour of Revenue
- Citation Number : TS-284-HC-2021(MAD)-TP
- Tax Payer : POS Hyundai Steel Manufacturing Pvt Ltd
ITAT: Excludes 2, includes 2 comparables for software-development services provider; Follows NXP India ruling
- In Favour of Assessee
- Citation Number : TS-283-ITAT-2021(Bang)-TP
- Tax Payer : ARM Embedded Technologies Pvt Ltd
HC: Questioning whether assessee incurred expenditure, beyond TPO’s jurisdiction; Rejects Nil-ALP w.r.t royalty-payments
- In Favour of Assessee
- Citation Number : TS-281-HC-2021(KAR)-TP
- Tax Payer : Luwa India Pvt. Ltd.
ITAT: Holds corporate guarantee as international-transaction; Determines commission at 0.9%
- In Favour of Both, Partially
- Citation Number : TS-280-ITAT-2021(HYD)-TP
- Tax Payer : GOCL Corporation Limited
ITAT: Excludes Acropetal Technologies, cites fraud committed as per SEBI Regulations
- In Favour of Assessee
- Citation Number : TS-279-ITAT-2021(CHNY)-TP
- Tax Payer : J Ray McDermott Engineering Services Pvt Ltd
ITAT: Rules on comparables-selection; AO to compute mean of working-capital adjustment w.r.t comparables retained
- In Favour of Both, Partially
- Citation Number : TS-278-ITAT-2021(Bang)-TP
- Tax Payer : Altisource Business Solutions Private Ltd
ITAT: Rules on comparables-selection; Rejects negative working-capital for captive service provider
- In Favour of Both, Partially
- Citation Number : TS-277-ITAT-2021(Bang)-TP
- Tax Payer : Quest Global Engineering Services Pvt Ltd
ITAT: Excludes 4, remits 6 comparables for assessee’s SWD and marketing support services
- In Favour of Both, Partially
- Citation Number : TS-276-ITAT-2021(Bang)-TP
- Tax Payer : Analog Devices India Pvt Ltd
ITAT: Quashes Sec-263 order against SDT non-reference to TPO; Omission of Sec-92BA(i) unconditional
- In Favour of Assessee
- Citation Number : TS-275-ITAT-2021(NAG)-TP
- Tax Payer : S.B Cotgin Pvt Ltd