Updates ( 9025 results )

ITAT: Allows assessee’s appeal withdrawal considering TP-issues resolved under India-Japan MAP

  • In Favour of Assessee
  • Citation Number : TS-691-ITAT-2019(Bang)-TP
  • Tax Payer : Yaskawa India Pvt Ltd

ITAT:Deletes TP-adjustment on Indian currency denominated CCD-interest, considers higher PLR; Follows earlier ruling

  • In Favour of Assessee
  • Citation Number : TS-690-ITAT-2019(HYD)-TP
  • Tax Payer : Adama India Pvt Ltd

ITAT: Adopts LIBOR+300bps as share-application money ALP; Deletes TP-adjustment on AE-receivables

  • In Favour of Both, Partially
  • Citation Number : TS-689-ITAT-2019(Mum)-TP
  • Tax Payer : Suashish Diamonds Ltd

ITAT:Upholds CIT(A)’s deletion of TP-adjustment on management services fee; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-688-ITAT-2019(PUN)-TP
  • Tax Payer : Spicer India Pvt Ltd

ITAT:Deletes BLT based AMP adjustment for assessee manufacturer; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-687-ITAT-2019(DEL)-TP
  • Tax Payer : Pernod Ricard India Pvt Ltd (Formerly known as Seagram India Pvt. Ltd.)

ITAT:Accepts RBI-approved royalty as ALP, upholds CIT(A)’s adjustment deletion

  • In Favour of Assessee
  • Citation Number : TS-686-ITAT-2019(PUN)-TP
  • Tax Payer : Atlas Copco (India) Limited

ITAT:Upholds CIT(A)’s deletion of royalty-adjustment sans application of prescribed methods

  • In Favour of Assessee
  • Citation Number : TS-685-ITAT-2019(PUN)-TP
  • Tax Payer : Atlas Copco (India) Limited

ITAT:Excludes TCS E-serve for back office support-services, Infosys & Wipro for IT-segment for BNP-Paribas

  • In Favour of Assessee
  • Citation Number : TS-684-ITAT-2019(Mum)-TP
  • Tax Payer : BNP Paribas India Solutions Private Limited

ITAT:Rules on comparables-selection; Allows working-capital adjustment on actuals, follows Huawei ruling

  • In Favour of Assessee
  • Citation Number : TS-683-ITAT-2019(Bang)-TP
  • Tax Payer : Ocwen Financial Solutions Pvt Ltd

ITAT: Dismisses Revenue’s appeal considering resolution of TP-issues under BAPA covering impugned year

  • In Favour of Assessee
  • Citation Number : TS-682-ITAT-2019(DEL)-TP
  • Tax Payer : Metlife Global Operations Support Centre Pvt Ltd

ITAT:Remits royalty adjustment, deletes TP-adjustment on AE-receivables; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-681-ITAT-2019(DEL)-TP
  • Tax Payer : CRM Services India Pvt Ltd

ITAT:Rules on comparables for IT, ITes-provider; Remits treatment of reimbursement and cost-allocation

  • In Favour of Assessee
  • Citation Number : TS-680-ITAT-2019(Bang)-TP
  • Tax Payer : Sterling Commerce Solutions India Private Ltd (Successor in interest to Telelogic India Pvt Ltd)

ITAT: Accepts Rs.200cr turnover-filter application to exclude Infosys & Wipro; Follows Autodesk ruling

  • In Favour of Both, Partially
  • Citation Number : TS-678-ITAT-2019(Bang)-TP
  • Tax Payer : Acusis Software India Pvt Ltd

ITAT:Deletes TP-addition for construction contract; Considers POCM settles issues on contract completion

  • In Favour of Assessee
  • Citation Number : TS-676-ITAT-2019(DEL)-TP
  • Tax Payer : L & T SUCG

ITAT: Remits ALP-determination of guarantee-fee receipt citing TPO’s disregard of ‘interest saved approach’

  • In Favour of Both, Partially
  • Citation Number : TS-673-ITAT-2019(DEL)-TP
  • Tax Payer : Motherson Sumi Systems Ltd

HC:Dismisses Revenue’s appeal, upholds ITAT’s internal comparison of AE-transactions with non-AE transactions

  • In Favour of Assessee
  • Citation Number : TS-672-HC-2019(DEL)-TP
  • Tax Payer : Birlasoft (India) Ltd

ITAT:Rules on comparables; Remits issue of APA applicability for cost allocation transaction

  • In Favour of Both, Partially
  • Citation Number : TS-670-ITAT-2019(PUN)-TP
  • Tax Payer : Honeywell Turbo Technologies (India) Pvt Ltd (Legal Successor of Honeywell Turbo (India) Pvt. Ltd.)

ITAT: Sets-aside CIT(A)'s ex-parte order; Assessee's non-appearance no ground for not discussing on merits

  • In Favour of Assessee
  • Citation Number : TS-667-ITAT-2019(DEL)-TP
  • Tax Payer : NGK Spark Plugs P Ltd

ITAT:TP-regulations inapplicable to income covered under tonnage tax scheme; Follows Van-Oord ruling

  • In Favour of Assessee
  • Citation Number : TS-666-ITAT-2019(Mum)-TP
  • Tax Payer : Essar Ports Ltd

ITAT: Holds forex gains/loss, operating item; Rejects Safe-Harbour Rules reliance following precedents

  • In Favour of Assessee
  • Citation Number : TS-665-ITAT-2019(DEL)-TP
  • Tax Payer : Transcend India Pvt Ltd