Updates ( 9020 results )
ITAT: Directs examination of assessee’s evidences for rendition of intra-group services dehors benefit test
- In Favour of Assessee
- Citation Number : TS-1107-ITAT-2019(DEL)-TP
- Tax Payer : Jones Lang LaSalle Property Consultants (India) Pvt Ltd
ITAT:Rules on comparables-selection for Software Development Services & ITes segments; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-1106-ITAT-2019(Bang)-TP
- Tax Payer : Indecomm Global Services (India) Pvt Ltd
ITAT:TP-provisions inapplicable to income covered under Tonnage Tax Scheme; Follows subsequent-year order
- In Favour of Assessee
- Citation Number : TS-1105-ITAT-2019(Mum)-TP
- Tax Payer : Van Oord India Private Limited
ITAT:Adopts internal-CUP for benchmarking exports, deletes TP-adjustment allowing benefit of 5 range
- In Favour of Assessee
- Citation Number : TS-1104-ITAT-2019(SUR)-TP
- Tax Payer : Bilag Industries Pvt Ltd ( Now known as M/s. Bayer Vapi Private Limited)
ITAT: Allows adjustment for advertisement-expenses incurred on domestic-sales while benchmarking AE-exports
- In Favour of Both, Partially
- Citation Number : TS-1103-ITAT-2019(Mum)-TP
- Tax Payer : Sara Lee TTK Ltd (Now Amalgamated into Godrej Consumer Products Ltd.)
ITAT: Excludes comparables for software-development service provider citing functional -dissimilarity, extraordinary events
- In Favour of Assessee
- Citation Number : TS-1102-ITAT-2019(HYD)-TP
- Tax Payer : Kony IT Services Private Limited
ITAT:Dismisses Revenue’s appeal; Upholds deletion of TP-adjustment in respect of export of services
- In Favour of Assessee
- Citation Number : TS-1101-ITAT-2019(DEL)-TP
- Tax Payer : Sage Publication India Pvt Ltd
ITAT:Permits appeal withdrawal considering Pr.CIT’s directions to refer SDT to TPO u/s 263
- In Favour of Assessee
- Citation Number : TS-1100-ITAT-2019(PUN)-TP
- Tax Payer : Thermax Onsite Energy Solutions Limited
ITAT: Fixes corporate guarantee ALP at 0.5%; Remits TP-adjustment on AE-loan
- In Favour of Assessee
- Citation Number : TS-1099-ITAT-2019(PUN)-TP
- Tax Payer : Autoline Industries Limited
ITAT: Rules on marketing and warranty support services, Relies on earlier order
- In Favour of Both, Partially
- Citation Number : TS-1098-ITAT-2019(DEL)-TP
- Tax Payer : Nokia Solutions and Networks India Pvt Ltd
ITAT: Upholds DRP’s exclusion of 4 comparables citing functional dissimilarity, failure of TPO’s filters
- In Favour of Assessee
- Citation Number : TS-1097-ITAT-2019(DEL)-TP
- Tax Payer : Toluna India P Ltd (Formerly known as M/s. G. Reenfield Online (P) (Ltd.),
ITAT: RBI-approval constitutes benchmark for royalty ALP-determination; Deletes royalty-adjustment following earlier order
- In Favour of Both, Partially
- Citation Number : TS-1096-ITAT-2019(Kol)-TP
- Tax Payer : Sika India Pvt Ltd
ITAT: Excludes 3 comparables for marketing support service provider; Follows precedents
- In Favour of Assessee
- Citation Number : TS-1095-ITAT-2019(DEL)-TP
- Tax Payer : Honeywell International (India) Private Limited
ITAT: Excludes Excel Infoways, TCS Eserve, Infosys BPO for ITes-provider; Follows precedents
- In Favour of Assessee
- Citation Number : TS-1094-ITAT-2019(DEL)-TP
- Tax Payer : Convergys India Services
ITAT: Excludes 12, remits 4 and retains 3 comparables for software-development service provider
- In Favour of Both, Partially
- Citation Number : TS-1093-ITAT-2019(DEL)-TP
- Tax Payer : Motherson Sumi Infotech & Design Ltd
HC:Adjourns appeal against ITAT-order preferring arithmetic mean of transaction over weighted-averages u/s 92C
- In Favour of Assessee
- Citation Number : TS-1090-HC-2019(BOM)-TP
- Tax Payer : RBS Equities (India) Ltd
ITAT:Deletes penalty u/s271G; 60-days period to be reckoned from Sec.93D(3) notice, not Sec.92CA(3) notice
- In Favour of Assessee
- Citation Number : TS-1089-ITAT-2019(Mum)-TP
- Tax Payer : Edelweiss Financial Services Ltd
ITAT:Upholds treatment of FOREX fluctuation as operating in nature following INA Bearings ruling
- In Favour of Assessee
- Citation Number : TS-1088-ITAT-2019(PUN)-TP
- Tax Payer : Oshung Electronics India Pvt Ltd
ITAT: Upholds consistently applied TNMM over CUP as MAM for AE-exports benchmarking; Follows precedent
- In Favour of Assessee
- Citation Number : TS-1087-ITAT-2019(Mum)-TP
- Tax Payer : Lubrizol India Pvt Ltd
ITAT: Applies US/UK MAP-agreed margins to other countries AE-transactions citing similar business profile, transactions
- In Favour of Both, Partially
- Citation Number : TS-1085-ITAT-2019(DEL)-TP
- Tax Payer : IBM Daksh Business Process Services Pvt Ltd