Updates ( 9025 results )

HC: Affirms fresh comparable search for low-risk procurement support provider; Follows earlier-orders

  • In Favour of Both, Partially
  • Citation Number : TS-473-HC-2019(DEL)-TP
  • Tax Payer : GAP International Sourcing (India) Pvt. Ltd

ITAT: Excludes 4 comparables for software developer; Follows CGI Information ruling

  • In Favour of Assessee
  • Citation Number : TS-472-ITAT-2019(Bang)-TP
  • Tax Payer : Sandvine Technologies (India) Pvt Ltd

ITAT: Deletes AMP adjustment absent expense sharing condition in AE-agreement; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-470-ITAT-2019(Mum)-TP
  • Tax Payer : India Meditronic Pvt Ltd

ITAT: Deletes Sec 271(1)(c)-penalty on AMP-adjustment accepted in quantum appeal; Applies subsequent year HC-ruling ratio

  • In Favour of Assessee
  • Citation Number : TS-469-ITAT-2019(DEL)-TP
  • Tax Payer : Mary Kay Cosmetics Pvt Ltd

ITAT:Upholds CIT(A)’s MAM selection -RPM for trading and TNMM for manufacturing

  • In Favour of Assessee
  • Citation Number : TS-1485-ITAT-2018(Kol)-TP
  • Tax Payer : Ceratizit India Pvt Ltd

ITAT: Quashes Assessment as time-barred; Final order passed beyond one month of DRP-orders

  • In Favour of Assessee
  • Citation Number : TS-467-ITAT-2019(DEL)-TP
  • Tax Payer : Dentsply India (P) Ltd

ITAT:Non-issuance of draft order, curable defect; Remits matter to follow Sec 144C mandate

  • In Favour of Assessee
  • Citation Number : TS-1132-ITAT-2017(DEL)-TP
  • Tax Payer : Globerian India Pvt Ltd

ITAT:Rejects Nil ALP determination for mangement fees considering service rendition/receipt undisputed

  • In Favour of Assessee
  • Citation Number : TS-466-ITAT-2019(DEL)-TP
  • Tax Payer : CEVA Freight India Pvt Ltd (Now merged with CEVA Logistics India Private Limited w.e.f. April, 1, 2016 vide order dated Novemb

ITAT: Deletes TP-adjustment on technical know-how capitalized in books; Rejects ALP-determination on ‘gross-receipts’

  • In Favour of Both, Partially
  • Citation Number : TS-1484-ITAT-2018(PUN)-TP
  • Tax Payer : Chemetall Rai India Limited

ITAT: Upholds TNMM over CUP for exports absent justification for rejecting consistently applied method

  • In Favour of Assessee
  • Citation Number : TS-465-ITAT-2019(Mum)-TP
  • Tax Payer : Glenmark Pharmaceuticals Ltd

ITAT: Remits AMP-adjustment; Directs DRP to pass speaking order on marketing support TP-adjustment

  • In Favour of Both, Partially
  • Citation Number : TS-464-ITAT-2019(DEL)-TP
  • Tax Payer : Yum Restaurant India Pvt Ltd

ITAT:Allows assessee's appeal; Directs CIT(A) to hear assessee afresh on TP-adjustment issue

  • In Favour of Assessee
  • Citation Number : TS-462-ITAT-2019(CHNY)-TP
  • Tax Payer : Globus Medical India Pvt Ltd

ITAT: Upholds assessee’s CUP for royalty payment; Excludes foreign exchange gain in PLI-computation

  • In Favour of Both, Partially
  • Citation Number : TS-461-ITAT-2019(Kol)-TP
  • Tax Payer : DIC India Ltd

ITAT: Adopts TNMM over CUP for indenting transactions, cites differences in geographies, volume, market

  • In Favour of Both, Partially
  • Citation Number : TS-460-ITAT-2019(DEL)-TP
  • Tax Payer : Sumitomo Corporation India Pvt Ltd

ITAT: Deletes TP-addition , accepts internal-CUP for benchmarking raw-material purchase for drug-intermediate manufacturer

  • In Favour of Assessee
  • Citation Number : TS-459-ITAT-2019(DEL)-TP
  • Tax Payer : Otsuka Chemical (India) Pvt Ltd

ITAT: Excludes 4 comparables for software developer; Follows PubMatic India ruling

  • In Favour of Assessee
  • Citation Number : TS-458-ITAT-2019(PUN)-TP
  • Tax Payer : Synerzip Softech India Pvt Ltd

ITAT: Rules on comparables-selection; Grants risk, working capital adjustments to IT/ITeS provider

  • In Favour of Both, Partially
  • Citation Number : TS-457-ITAT-2019(PUN)-TP
  • Tax Payer : BMC Software India Private Limited

ITAT: Approves cash-PLI, directs assessee to establish depreciation variance; Rejects capacity-adjustment plea

  • In Favour of Both, Partially
  • Citation Number : TS-456-ITAT-2019(Bang)-TP
  • Tax Payer : Snecma HAL Aerospace Pvt Ltd

ITAT: Includes Cyber Media Research as comparable for investment advisor; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-455-ITAT-2019(Mum)-TP
  • Tax Payer : Standard Chartered Private Equity Advisory India Private Limited

ITAT:Admits additional evidence & remits royalty TP-adjustment; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-1483-ITAT-2018(DEL)-TP
  • Tax Payer : CRM Services India Pvt Ltd