Updates ( 9025 results )

Filters

ITAT:Adopts TNMM at entity-level; Deletes TP-adjustment on reimbursements without mark-up considering evidence

  • In Favour of Assessee
  • Citation Number : TS-636-ITAT-2019(DEL)-TP
  • Tax Payer : GL Litmus Events Pvt Ltd

ITAT: Remits volume discount adjustment issue for fresh adjudication following earlier year order

  • In Favour of Assessee
  • Citation Number : TS-635-ITAT-2019(Ahd)-TP
  • Tax Payer : Erhardt + Leimer (India) Private Limited

ITAT: Excludes functionally dissimilar companies & includes comparable following different-FY for investment advisor

  • In Favour of Both, Partially
  • Citation Number : TS-634-ITAT-2019(Mum)-TP
  • Tax Payer : Orbimed Advisors India Private Limited

ITAT: Excludes 2 companies applying turnover filter, remits 2, for media analysis services-provider

  • In Favour of Both, Partially
  • Citation Number : TS-633-ITAT-2019(Bang)-TP
  • Tax Payer : Nielsen Sports India Pvt Ltd (Formerly known as Repucom Media Analysis India Pvt. Ltd)

ITAT: Accepts application of higher turnover filter, excludes 6 comparables; Follows Autodesk ruling

  • In Favour of Assessee
  • Citation Number : TS-632-ITAT-2019(Bang)-TP
  • Tax Payer : Pearson India Support Services Pvt Ltd (formerly known as Global English India Pvt Ltd)

ITAT:Deletes concealment-penalty considering assessee’s margin approximate to comparables, post Government companies’ exclusion

  • In Favour of Assessee
  • Citation Number : TS-631-ITAT-2019(Mum)-TP
  • Tax Payer : eBay India Private Limited

ITAT: Deletes BLT-based AMP-adjustment citing TPO’s failure to establish existence of international transaction

  • In Favour of Assessee
  • Citation Number : TS-630-ITAT-2019(DEL)-TP
  • Tax Payer : Zimmer India Private Ltd

ITAT: Excludes 3 comparables for ITeS-provider post recall of original Tribunal order; Follows precedents

  • In Favour of Both, Partially
  • Citation Number : TS-628-ITAT-2019(Bang)-TP
  • Tax Payer : Zyme Solutions Pvt. Ltd.

ITAT: Rejects TPO’s CPM as MAM for benchmarking transactions in equipment-division; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-627-ITAT-2019(PUN)-TP
  • Tax Payer : Alfa Laval (India) Limited

ITAT: Dismisses MP; Upholds Tribunal-order remitting AE-loan & corporate guarantee benchmarking

  • In Favour of Revenue
  • Citation Number : TS-626-ITAT-2019(Bang)-TP
  • Tax Payer : Sasken Technologies Ltd

ITAT:Remits CIT(A)’s non-speaking order on TP-adjustments in second appeal round

  • In Favour of Assessee
  • Citation Number : TS-625-ITAT-2019(Ahd)-TP
  • Tax Payer : Atul Limited

ITAT:Deletes BMW India’s AMP-adjustment, remits TP-adjustment on intra-group services; Follows earlier orders

  • In Favour of Both, Partially
  • Citation Number : TS-624-ITAT-2019(DEL)-TP
  • Tax Payer : BMW India Pvt Ltd

ITAT:Disapproves TPO’s cherry-picking of comparables sans reasoning; Grants adjustment for marketing expenses

  • In Favour of Assessee
  • Citation Number : TS-623-ITAT-2019(Mum)-TP
  • Tax Payer : Frost & Sullivan (India) Private Limited

ITAT: Upholds Thinksoft inclusion for software R&D provider despite exclusion in earlier year

  • In Favour of Assessee
  • Citation Number : TS-622-ITAT-2019(PUN)-TP
  • Tax Payer : Starent Networks India Pvt Ltd

ITAT: Remits ALP-determination of royalty & intra-group services; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-621-ITAT-2019(Bang)-TP
  • Tax Payer : Filtrex Technologies Pvt Ltd

ITAT: Holds Accenture’s image and web development akin to ITeS; Rules on comparables

  • In Favour of Both, Partially
  • Citation Number : TS-619-ITAT-2019(Mum)-TP
  • Tax Payer : Accenture Services Pvt Ltd

ITAT:Commercial rationality not distinct from commercial expediency; Fixes LIBOR+300bps as AE-loan ALP

  • In Favour of Revenue
  • Citation Number : TS-618-ITAT-2019(Mum)-TP
  • Tax Payer : Air Works India (Engineering) Pvt Ltd

ITAT: Deletes TP-adjustment on payment for management, other administrative services; Follows earlier-order

  • In Favour of Assessee
  • Citation Number : TS-617-ITAT-2019(Kol)-TP
  • Tax Payer : Chryso India Pvt Ltd (Previsously known as The Structural Waterproofing company Pvt. Ltd. )

ITAT:Upholds turnover-filter application, applies 10 times tolerance range; Follows Pentair, McAfee rulings

  • In Favour of Both, Partially
  • Citation Number : TS-616-ITAT-2019(PUN)-TP
  • Tax Payer : Tetra Pak India Pvt Ltd

ITAT: Upholds CIT(A)-order remitting capacity adjustment issue following earlier order

  • In Favour of Assessee
  • Citation Number : TS-615-ITAT-2019(PUN)-TP
  • Tax Payer : Geissel India Pvt Ltd