Updates ( 9016 results )
ITAT:Allows withdrawal of appeal considering MAP resolution pertaining to assessee’s ITeS transactions
- In Favour of Both, Partially
- Citation Number : TS-103-ITAT-2020(Bang)-TP
- Tax Payer : 24/7 Customer Pvt Ltd
ITAT:Excludes 4 comparables for engineering services; Deletes ad hoc intra-group services TP-adjustment
- In Favour of Assessee
- Citation Number : TS-102-ITAT-2020(Mum)-TP
- Tax Payer : Rolls Royce Marine India Pvt Ltd
ITAT:Adopts internal-TNMM absent external comparables for sale transaction; Deletes TP-adjustment on trade-receivables
- In Favour of Assessee
- Citation Number : TS-101-ITAT-2020(VIZ)-TP
- Tax Payer : Bommidala Enterprises Pvt Ltd
ITAT: Accepts software distributors as comparables for TV channel distributors; Follows Turner International ruling
- In Favour of Assessee
- Citation Number : TS-100-ITAT-2020(Mum)-TP
- Tax Payer : Star Den Media Services Pvt Ltd
ITAT: Rejects characterisation of CCDs as equity, allows pre-conversion interest payments u/s 36(1)(iii)
- In Favour of Assessee
- Citation Number : TS-1243-ITAT-2019(Bang)-TP
- Tax Payer : CAE Flight Training (India) Pvt Ltd
ITAT:Treats FOREX gain/loss, bank charges, doubtful debts as operating; Rules on comparables
- In Favour of Both, Partially
- Citation Number : TS-99-ITAT-2020(DEL)-TP
- Tax Payer : Lockheed Martin India (P) Ltd
ITAT: Accepts foreign-AE as tested party, CPM as MAM for export of software services
- In Favour of Assessee
- Citation Number : TS-98-ITAT-2020(Kol)-TP
- Tax Payer : ITC Infotech India Ltd
ITAT: Remits comparables selection for software development, sales and marketing segments
- In Favour of Both, Partially
- Citation Number : TS-97-ITAT-2020(Bang)-TP
- Tax Payer : Metric Stream Infotech (India) Private Limited
ITAT:Upholds TP-adjustment deletion on AE-exports sans TPO establishing profit shifting to AE
- In Favour of Assessee
- Citation Number : TS-96-ITAT-2020(VIZ)-TP
- Tax Payer : CCL Products (India) Ltd
ITAT: Remits TP-adjustment on intra-group services, Contract R&D services; Follows earlier-order
- In Favour of Both, Partially
- Citation Number : TS-95-ITAT-2020(Kol)-TP
- Tax Payer : Akzo Nobel India Limited
ITAT:Deletes AMP-adjustment absent assessee-AE agreement; Follows Maruti, Whirlpool HC-rulings
- In Favour of Assessee
- Citation Number : TS-93-ITAT-2020(Bang)-TP
- Tax Payer : Essilor India Pvt Ltd
ITAT: Adopts CPM for benchmarking raw material purchased from AE without value addition
- In Favour of Both, Partially
- Citation Number : TS-92-ITAT-2020(JPR)-TP
- Tax Payer : Mytex Polymers India Pvt Ltd.
ITAT:Excludes L&T Infotech, Persistent Systems as comparables for software developer; Follows precedent
- In Favour of Assessee
- Citation Number : TS-91-ITAT-2020(Bang)-TP
- Tax Payer : Synamedia India Pvt Ltd (formerly known as Cisco Video Technologies India Pvt Ltd)
ITAT:Deletes TP-adjustment on intra-group services considering actual service rendition; Follows precedents
- In Favour of Assessee
- Citation Number : TS-90-ITAT-2020(DEL)-TP
- Tax Payer : GBT India Pvt Ltd
ITAT: Excludes 6, remits 4 and includes 1 comparable for software development service provider
- In Favour of Both, Partially
- Citation Number : TS-89-ITAT-2020(Bang)-TP
- Tax Payer : Microsoft Research Lab India Pvt Ltd
ITAT: Rules on comparables in software development, ITES segments; Remits working capital adjustment
- In Favour of Both, Partially
- Citation Number : TS-88-ITAT-2020(Bang)-TP
- Tax Payer : Citrix R&D India Private Ltd
ITAT: Applies MAP mark-up with Australian-AEs representing 90.53% of turnover to non-Australian AEs
- In Favour of Revenue
- Citation Number : TS-87-ITAT-2020(Bang)-TP
- Tax Payer : ANZ Support Services India Pvt Ltd
ITAT: Remits applicability of MAP-agreed margin to transactions with non-MAP entities; Follows Global e-Business ruling
- In Favour of Both, Partially
- Citation Number : TS-85-ITAT-2020(Bang)-TP
- Tax Payer : Oracle Solutions Services (India) Pvt Ltd
HC:Admits appeal against treatment of Reliance’s non-funded corporate guarantee as international transaction
- In Favour of Both, Partially
- Citation Number : TS-84-HC-2020(BOM)-TP
- Tax Payer : Reliance Industries Ltd
HC:Admits appeal against treatment of non-funded 'corporate guarantee” as international transaction
- In Favour of Both, Partially
- Citation Number : TS-83-HC-2020(BOM)-TP
- Tax Payer : Reliance Industries Ltd