Updates ( 8211 results )
ITAT: Deletes TP-adjustment made by AO without following DRP-direction, TPO’s order giving effect
May 14, 2025
- In Favour of Assessee
- Citation Number : TS-242-ITAT-2025(DEL)-TP
- Tax Payer : iQor India Services Pvt Ltd
ITAT: Excludes companies being functionally dissimilar to marketing and administrative /support services provider
May 14, 2025
- In Favour of Both, Partially
- Citation Number : TS-241-ITAT-2025(DEL)-TP
- Tax Payer : Nippon Steel Engineering India Private Limited
ITAT: Includes/Excludes comparables in SWD segment; Follows assessee’s earlier order
May 14, 2025
- In Favour of Assessee
- Citation Number : TS-247-ITAT-2025(DEL)-TP
- Tax Payer : NXP India Private Limited
ITAT: Holds ALP to be calculated in accordance with segment results and not at entity level; Includes functionally-similar company
May 14, 2025
- In Favour of Assessee
- Citation Number : TS-246-ITAT-2025(DEL)-TP
- Tax Payer : Opterna Technologies Private Limited
ITAT: Rules on selection of comparables in ITeS segment, grants working capital adjustment
May 14, 2025
- In Favour of Both, Partially
- Citation Number : TS-244-ITAT-2025(HYD)-TP
- Tax Payer : DSM Shared Services India Pvt. Ltd
ITAT: Partly allows assessee’s appeal w.r.t inclusion/exclusion of comparables
May 13, 2025
- In Favour of Both, Partially
- Citation Number : TS-238-ITAT-2025(DEL)-TP
- Tax Payer : Boston Scientific Technology And Engineering Services Private Ltd
ITAT: Excludes companies under ITeS, IT segments; Cites functional-dissimilarity, failing RPT filter of 25% etc
May 13, 2025
- In Favour of Assessee
- Citation Number : TS-237-ITAT-2025(Mum)-TP
- Tax Payer : HERE Solutions India Private Limited
ITAT: Directs royalty payment @ 5% on all sale transactions; Deletes IGS adjustment
May 13, 2025
- In Favour of Assessee
- Citation Number : TS-240-ITAT-2025(DEL)-TP
- Tax Payer : Gates India (P) Ltd
ITAT: Mere possession of intangibles for internal operational efficiencies no ground to exclude comparable
May 13, 2025
- In Favour of Both, Partially
- Citation Number : TS-236-ITAT-2025(HYD)-TP
- Tax Payer : Open Text Technologies India Private Limited
ITAT: Excludes functionally dissimilar comparables for captive service provider in VLSI design software
May 13, 2025
- In Favour of Assessee
- Citation Number : TS-239-ITAT-2025(DEL)-TP
- Tax Payer : ST Microelectronics Private Limited
ITAT: Holds turnover filter inevitable for proper TP analysis; Directs TPO to grant working capital adjustment
May 12, 2025
- In Favour of Both, Partially
- Citation Number : TS-233-ITAT-2025(HYD)-TP
- Tax Payer : Gainsight Software Pvt. Ltd
ITAT: Holds RPM as MAM over TNMM for international transactions in nature of trading
May 12, 2025
- In Favour of Both, Partially
- Citation Number : TS-232-ITAT-2025(Ahd)-TP
- Tax Payer : Bock Compressors India Pvt. Ltd
ITAT: Incorrect rejection of TP study due to assessee’s segments not being audited; Deletes adjustment
May 12, 2025
- In Favour of Assessee
- Citation Number : TS-235-ITAT-2025(DEL)-TP
- Tax Payer : Molvizadah Sons India Private Limited
ITAT: Accepts TNMM for benchmarking royalty payment; Applies LIBOR+200 for interest on receivables
May 12, 2025
- In Favour of Assessee
- Citation Number : TS-234-ITAT-2025(Bang)-TP
- Tax Payer : Toyota Boshoku Automotive India Pvt. Ltd
ITAT: Deletes TP-adjustment w.r.t provision of engineering and design services
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-230-ITAT-2025(DEL)-TP
- Tax Payer : Lummus Technology Heat Transfer BV
ITAT: Confirms CIT(A)’s restriction of corporate-guarantee at 1%, deletion of addition u/s. 80IA(8)
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-224-ITAT-2025(CHNY)-TP
- Tax Payer : CRI Pumps Private Limited
ITAT: Remits ALP determination qua payment towards engineering support, margin computation
May 09, 2025
- In Favour of Both, Partially
- Citation Number : TS-225-ITAT-2025(CHNY)-TP
- Tax Payer : Seoyon E-Hwa Summit Automative India Private Limited
ITAT: Directs application of US MAP resolution for non-US AE, if international-transaction found similar
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-226-ITAT-2025(CHNY)-TP
- Tax Payer : Sutherland Global Services Private Limited
ITAT: Deletes TP adjustment towards global client services payment made on adhoc basis
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-228-ITAT-2025(Mum)-TP
- Tax Payer : ISS Facility Services India Private Limited
ITAT: Quashes final assessment order passed without draft order as well as corrigendum issued by AO
May 09, 2025
- In Favour of Assessee
- Citation Number : TS-231-ITAT-2025(CHNY)-TP
- Tax Payer : POSCO India Processing Centre Pvt. Ltd