Updates ( 9025 results )
ITAT: Excludes comparables for contract software development and technical support services provider
- In Favour of Assessee
- Citation Number : TS-429-ITAT-2019(DEL)-TP
- Tax Payer : Alcatel-Lucent India Ltd
HC: Upholds ITAT-order remitting comparables rejecting reliance on sister concern’s case
- In Favour of Revenue
- Citation Number : TS-427-HC-2019(DEL)-TP
- Tax Payer : E-VALUESERVE.COM PVT. LTD
HC: Upholds ITAT; Comparables selection issue doesn’t give rise to substantial question of law
- In Favour of Both, Partially
- Citation Number : TS-426-HC-2019(DEL)-TP
- Tax Payer : Agilis Information Technologies India Pvt. Ltd
ITAT: Rejects Nil ALP-determination of internal audit fees citing specific benefits to assessee
- In Favour of Assessee
- Citation Number : TS-423-ITAT-2019(Kol)-TP
- Tax Payer : Organon (India) Limited
ITAT: Working capital relevant factor influencing price/profitability, allows adjustment; Rules on comparables
- In Favour of Assessee
- Citation Number : TS-422-ITAT-2019(Mum)-TP
- Tax Payer : Golden Source India Pvt Ltd
ITAT: Remits TP-adjustment in respect of technical, management service fee; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-421-ITAT-2019(CHNY)-TP
- Tax Payer : Dymos Lear Automotive India Pvt Ltd
ITAT:Deletes Sony Mobile Communications’ AMP-adjustment; Relies on HC order in own case
- In Favour of Assessee
- Citation Number : TS-420-ITAT-2019(DEL)-TP
- Tax Payer : Sony Mobile Communications [India] Pvt Ltd
ITAT: Holds corporate guarantee an ‘international transaction’ pre-2012; Fixes ALP 0.5%
- In Favour of Both, Partially
- Citation Number : TS-418-ITAT-2019(Mum)-TP
- Tax Payer : Kansai Nerolac Paints Ltd
ITAT: Mandates functional analysis for comparable selection, rejects blind reliance on precedents
- In Favour of Both, Partially
- Citation Number : TS-417-ITAT-2019(DEL)-TP
- Tax Payer : Kaplan India Pvt Ltd
ITAT: Holds assessment order not barred by Sec 153 limitation; Follows Volvo, Envestnet rulings
- In Favour of Both, Partially
- Citation Number : TS-416-ITAT-2019(Bang)-TP
- Tax Payer : Acer India Pvt Ltd
ITAT: Adopts TNMM over CPM for benchmarking exports & deletes AMP-adjustment following precedent
- In Favour of Assessee
- Citation Number : TS-415-ITAT-2019(Bang)-TP
- Tax Payer : The Himalaya Drug Company
ITAT: Excludes Kals Info, a software product company, as comparable for software developer
- In Favour of Assessee
- Citation Number : TS-414-ITAT-2019(Bang)-TP
- Tax Payer : Solidcore Techsoft Systems [now merged with McAfee Software (India) Pvt. Ltd.,]
HC:Stresses on comparability with 'uncontrolled transactions' for ALP-determination; Confirms TP-adjustment deletion on exports
- In Favour of Assessee
- Citation Number : TS-413-HC-2019(BOM)-TP
- Tax Payer : Audco India Ltd
ITAT:Directs application of MAP-agreed rate for Australian AEs to non-Australian AE transactions
- In Favour of Both, Partially
- Citation Number : TS-412-ITAT-2019(Bang)-TP
- Tax Payer : ANZ Operations & Technology Pvt Ltd
ITAT: Rejects companies issuing FCCDs at low interest and to related parties, as comparables
- In Favour of Assessee
- Citation Number : TS-411-ITAT-2019(CHNY)-TP
- Tax Payer : Futura Techpark Private Limited
ITAT: Applies turnover-filter, includes Tonira Pharma and excludes 4 companies for pharma company
- In Favour of Assessee
- Citation Number : TS-410-ITAT-2019(Ahd)-TP
- Tax Payer : Schutz Disman Biotech Ltd
HC:Upholds ITAT’s exclusion of Infosys in software support segment; Follows Agnity HC-ruling
- In Favour of Assessee
- Citation Number : TS-409-HC-2019(P & H)-TP
- Tax Payer : ZTE Telecom India Pvt Ltd
ITAT: Excludes comparables for software developer; Remits computation of interest on AE-receivables
- In Favour of Assessee
- Citation Number : TS-408-ITAT-2019(DEL)-TP
- Tax Payer : Mentor Graphics (India) Pvt Ltd
ITAT:Upholds TP-adjustment deletion on corporate guarantee; Follows earlier-order on identical facts
- In Favour of Assessee
- Citation Number : TS-407-ITAT-2019(Mum)-TP
- Tax Payer : Grindwell Norton Ltd
ITAT: Remits characterization of R&D services; Allows assessee’s ground on comparables selection
- In Favour of Assessee
- Citation Number : TS-406-ITAT-2019(Bang)-TP
- Tax Payer : Schneider Electric IT Business India Private Limited (Formerly known as American Power Conversion (India) Private Limited)