Updates ( 9025 results )
ITAT: Deletes Sec 271(1)(c) penalty as TP-adjustment on sale transaction deleted in quantum appeal
- In Favour of Assessee
- Citation Number : TS-454-ITAT-2019(Ahd)-TP
- Tax Payer : Gulbrandsen Chemicals Pvt Ltd
HC: Dismisses Revenue’s appeal; Upholds exclusion of 10 comparables for ITeS provider
- In Favour of Assessee
- Citation Number : TS-453-HC-2019(DEL)-TP
- Tax Payer : Evalueserve.com Pvt Ltd
HC: Dismisses Revenue’s appeal; Upholds exclusion of CAT Technologies citing functional dissimilarity
- In Favour of Assessee
- Citation Number : TS-452-HC-2019(DEL)-TP
- Tax Payer : Opera Solutions Management Consulting Services Pvt Ltd
HC: Finds no substantial question of law in Revenue’s appeal against ITAT’s comparables-selection
- In Favour of Assessee
- Citation Number : TS-451-HC-2019(DEL)-TP
- Tax Payer : FIELDCORE SERVICES SOLUTION INTERNATIONAL INDIA PVT LTD
HC: Dismisses Revenue’s appeal challenging ITAT’s comparables-selection citing no substantial question of law
- In Favour of Both, Partially
- Citation Number : TS-450-HC-2019(DEL)-TP
- Tax Payer : GRANITE SERVICES INTERNATIONAL INDIA PVT LTD
ITAT: Upholds TP-adjustment for entity availing Sec.10B tax-holiday; Treats FBT as operating item
- In Favour of Both, Partially
- Citation Number : TS-449-ITAT-2019(HYD)-TP
- Tax Payer : Wissen Infotech Pvt Ltd
ITAT: Excludes government company as comparable for channel distributor; Follows precedents
- In Favour of Assessee
- Citation Number : TS-448-ITAT-2019(Mum)-TP
- Tax Payer : NGC Network (India) Pvt Ltd
ITAT: Rules on comparables; Sets aside CIT(A)’s suo-motu direction to apply export-earnings filter
- In Favour of Both, Partially
- Citation Number : TS-447-ITAT-2019(Bang)-TP
- Tax Payer : Informatica Business Pvt Ltd
ITAT: Excludes 5 comparables for software development service provider; Follows precedents
- In Favour of Assessee
- Citation Number : TS-446-ITAT-2019(PUN)-TP
- Tax Payer : FIS Solutions (India) Pvt Ltd (formerly known as SunGard Solutions (India) Pvt. Ltd.)
ITAT: Restores issue of royalty payment and TP-adjustment to margins of DTA unit
- In Favour of Both, Partially
- Citation Number : TS-445-ITAT-2019(Ahd)-TP
- Tax Payer : FAG Bearing India Ltd
ITAT:Rejects Volvo ruling consideration for deciding management services TP-adjustment, cites factual differences
- In Favour of Assessee
- Citation Number : TS-444-ITAT-2019(Bang)-TP
- Tax Payer : Adcock Ingram Limited
ITAT:Deletes TP-adjustment on intra-group services, AMP-spend; Follows earlier rulings in own case
- In Favour of Assessee
- Citation Number : TS-443-ITAT-2019(Kol)-TP
- Tax Payer : Philips India Ltd
HC: Disposes assessee's appeal & writ considering resolution of royalty TP-adjustment under Indo-UK MAP
- In Favour of Revenue
- Citation Number : TS-442-HC-2019(DEL)-TP
- Tax Payer : JCB India Ltd
HC:Dismisses Revenue’s appeal; Upholds ITAT-order deleting AMP-adjustment following Sony ruling
- In Favour of Assessee
- Citation Number : TS-441-HC-2019(DEL)-TP
- Tax Payer : Toshiba India Pvt Ltd
HC: Dismisses Revenue’s appeal; Upholds ITAT’s exclusion of Genesys International for ITeS-provider
- In Favour of Assessee
- Citation Number : TS-437-HC-2019(DEL)-TP
- Tax Payer : EXL Services.com India Pvt. Ltd
HC: Admits Revenue’s appeal against ITAT-order on treatment of foreign-AE as tested party
- In Favour of Both, Partially
- Citation Number : TS-434-HC-2019(DEL)-TP
- Tax Payer : Moser Baer India Ltd
ITAT: Dismisses Revenue’s appeal, includes Maveric Systems as comparable for software developer
- In Favour of Revenue
- Citation Number : TS-433-ITAT-2019(PUN)-TP
- Tax Payer : Xpanxion International Pvt Ltd
HC:Upholds ITAT-order quashing reopening of assessment to disallow advertisement expenses
- In Favour of Assessee
- Citation Number : TS-432-HC-2019(DEL)-TP
- Tax Payer : Yamaha Motor India Sales Pvt Ltd
ITAT: Restores TP-adjustment issue on intra-group service payments & outstanding AE-receivables
- In Favour of Both, Partially
- Citation Number : TS-431-ITAT-2019(DEL)-TP
- Tax Payer : GE Capital Services India
ITAT: Rejects additional ground seeking comparable exclusion but accepts gross profit based margin computation
- In Favour of Both, Partially
- Citation Number : TS-430-ITAT-2019(DEL)-TP
- Tax Payer : Verizon India Pvt Ltd