Updates ( 9016 results )

ITAT: Segmental-data unavailability results into exclusion of comparables; Excludes FBT expense while PLI-computation

  • In Favour of Assessee
  • Citation Number : TS-274-ITAT-2021(DEL)-TP
  • Tax Payer : Globe Ground India Pvt Ltd

ITAT: Deletes TP addition w.r.t reimbursement of expenses, CIT(A) didn't disprove assessee's facts

  • In Favour of Assessee
  • Citation Number : TS-273-ITAT-2021(Ahd)-TP
  • Tax Payer : Claris Lifesciences Ltd

ITAT: Grants conditional stay to SWD-service provider subject to payment of 24 lakhs

  • In Favour of Assessee
  • Citation Number : TS-272-ITAT-2021(Bang)-TP
  • Tax Payer : OLF (India) Software Pvt Ltd

ITAT: Considers practical difficulty qua information submission for diamond-merchants; Deletes Sec. 271G-penalty

  • In Favour of Assessee
  • Citation Number : TS-271-ITAT-2021(Mum)-TP
  • Tax Payer : Hari Krishna Exports Pvt Ltd

ITAT: Remits TP-adjustment for auditor's certificate on segmental details; Upholds additional grounds admissibility by DRP

  • In Favour of Assessee
  • Citation Number : TS-270-ITAT-2021(Bang)-TP
  • Tax Payer : ASM Technologies Ltd.

ITAT: Finds TP-adjustment on royalty-payments devoid of evidence; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-269-ITAT-2021(DEL)-TP
  • Tax Payer : Expeditors International (India) Pvt Ltd

ITAT: Applies Rs.200 Cr. turnover-filter for SWD service provider, excludes 5 comparables

  • In Favour of Both, Partially
  • Citation Number : TS-268-ITAT-2021(Bang)-TP
  • Tax Payer : Evolving Systems Network India Pvt Ltd

ITAT: Grants Assessee another opportunity to satisfactorily establish ALP of intra-group services

  • In Favour of Both, Partially
  • Citation Number : TS-267-ITAT-2021(Bang)-TP
  • Tax Payer : 3M India Limited

ITAT: Adjudicates on TP-adjustment over CCD-interest, royalty, AMP for Nike India; Follows precedents

  • In Favour of Both, Partially
  • Citation Number : TS-266-ITAT-2021(Bang)-TP
  • Tax Payer : Nike India Private Limited

ITAT: Non-compliance of single DRP's direction does not invalidate entire assessment order

  • In Favour of Both, Partially
  • Citation Number : TS-265-ITAT-2021(Mum)-TP
  • Tax Payer : Red Hat India Private Limited

ITAT: Excludes Acropetal, eClerx as comparables for assessee in ITeS; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-264-ITAT-2021(Mum)-TP
  • Tax Payer : Tech Mahindra Business Services Ltd. (formerly known as Hutchison Global Services Private Limited)

ITAT: Excludes 2 companies for SWD, IT support and related services segments; Allows working-capital adjustment

  • In Favour of Assessee
  • Citation Number : TS-263-ITAT-2021(Mum)-TP
  • Tax Payer : Emerson Electric Company (India) Private Limited

ITAT: Remits TP-adjustment w.r.t selling commission, networking charges and outstanding AE-receivables

  • In Favour of Both, Partially
  • Citation Number : TS-258-ITAT-2021(Bang)-TP
  • Tax Payer : Mphasis Limited

ITAT: Excludes 8 companies citing huge-turnover, 9 companies citing functional dissimilarity; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-257-ITAT-2021(Bang)-TP
  • Tax Payer : Lam Research (India) Private Limited

ITAT: Rules on comparables for assessee’s SWD and Marketing support services segments

  • In Favour of Assessee
  • Citation Number : TS-256-ITAT-2021(Bang)-TP
  • Tax Payer : Microchip Technology India Pvt Ltd

ITAT: Remits TP-adjustment in respect of royalty payments; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-251-ITAT-2021(HYD)-TP
  • Tax Payer : Owens Corning Industries (India) Pvt. Ltd.

ITAT: Deletes TP-adjustment in respect of royalty-payments, rejects NIL-ALP; Follows earlier-orders

  • In Favour of Assessee
  • Citation Number : TS-254-ITAT-2021(DEL)-TP
  • Tax Payer : Contitech India Pvt. Ltd.

ITAT: Applies per-hour recovery-rate CUP to delete TP-adjustment for BPO services

  • In Favour of Assessee
  • Citation Number : TS-253-ITAT-2021(DEL)-TP
  • Tax Payer : Aricent Technologies (Holding) Limited

ITAT: Excludes MPS Ltd citing unavailability of segmental-information w.r.t ITeS

  • In Favour of Assessee
  • Citation Number : TS-252-ITAT-2021(PUN)-TP
  • Tax Payer : FIS Solutions Software (India) Private Limited [Formerly known as SunGard Solutions (India) Private Limited]

ITAT: Rejects PSM as MAM for RBI approved royalty-payment; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-244-ITAT-2021(Bang)-TP
  • Tax Payer : Toyotetsu India Auto Parts Private Limited