Updates ( 9025 results )
ITAT:Forex fluctuation operating in first year of operation; Mercedes Benz ruling inapplicable
- In Favour of Both, Partially
- Citation Number : TS-298-ITAT-2019(Bang)-TP
- Tax Payer : Cisco Development (India) P Ltd
ITAT:Quashes assessment as AO failed to pass final-order within time prescribed u/s 153(4)
- In Favour of Assessee
- Citation Number : TS-297-ITAT-2019(PUN)-TP
- Tax Payer : Persistent Systems Pvt Ltd
ITAT: Restores TP-adjustments on overdue debtors, network related services/ IT-Infrastructure charges; Follows earlier-order
- In Favour of Both, Partially
- Citation Number : TS-296-ITAT-2019(Mum)-TP
- Tax Payer : Atos India P Ltd
ITAT: Allows Revenue’s miscellaneous petition; Directs adjudication of 6 comparables not adjudicated by Tribunal
- In Favour of Revenue
- Citation Number : TS-295-ITAT-2019(Bang)-TP
- Tax Payer : Autodesk India P Ltd
ITAT:Foreign LLP not “eligible assessee” u/s 144C(15)(b); Quashes draft, final assessment orders
- In Favour of Revenue
- Citation Number : TS-294-ITAT-2019(Mum)-TP
- Tax Payer : Maquet Holdings B V & Co
ITAT: Directs AO to re-determine guarantee fee ALP by following directions in earlier-order
- In Favour of Assessee
- Citation Number : TS-293-ITAT-2019(Mum)-TP
- Tax Payer : Tata Autocomp Systems Ltd
ITAT: Upholds CUP method with commission rate of Laxmi Machines Works as comparable
- In Favour of Assessee
- Citation Number : TS-292-ITAT-2019(PUN)-TP
- Tax Payer : Rieter India Pvt Ltd
ITAT: Applies margin of transactions with USA/UK AE under MAP to other transactions
- In Favour of Both, Partially
- Citation Number : TS-291-ITAT-2019(DEL)-TP
- Tax Payer : IBM Daksh Business Process Services Pvt Ltd
ITAT: Rules on comparable selection for ITES provider; Stresses on functional comparability
- In Favour of Assessee
- Citation Number : TS-290-ITAT-2019(Mum)-TP
- Tax Payer : Hapad Lloyd Global Services Pvt Ltd
ITAT: Prefers internal-CUP over TNMM for benchmarking drug manufacturer's export transactions
- In Favour of Revenue
- Citation Number : TS-289-ITAT-2019(Mum)-TP
- Tax Payer : UCB India Pvt Ltd
ITAT:Adopts LIBOR for benchmarking interest on overdue trade receivables; Follows Cotton Naturals
- In Favour of Assessee
- Citation Number : TS-288-ITAT-2019(DEL)-TP
- Tax Payer : Apollo International Ltd
ITAT: Remits comparables selection with directions to DRP to pass reasoned/ speaking order
- In Favour of Revenue
- Citation Number : TS-287-ITAT-2019(Bang)-TP
- Tax Payer : Webex Communications India P. Ltd
ITAT:Rectification order on turnover-filter not brought to Tribunal’s notice; Recalls appeal
- In Favour of Revenue
- Citation Number : TS-286-ITAT-2019(CHNY)-TP
- Tax Payer : Socomec Innovative Power Solutions Pvt. Ltd
ITAT: Sets aside DRP’s cryptic/ non-speaking order; Remits comparables in IT/ITeS segments
- In Favour of Both, Partially
- Citation Number : TS-285-ITAT-2019(Bang)-TP
- Tax Payer : Webex Communications India P. Ltd
ITAT: Rejects TPO’s RBI ECB-rate for interest payment to foreign-AE, upholds assessee’s LIBOR
- In Favour of Assessee
- Citation Number : TS-284-ITAT-2019(Mum)-TP
- Tax Payer : Travelex India Pvt. Ltd
ITAT:Remits comparable, risk adjustment and treatment of forex gain/loss for de-novo adjudication
- In Favour of Revenue
- Citation Number : TS-283-ITAT-2019(Bang)-TP
- Tax Payer : Webex Communications India P. Ltd
ITAT: Directs PLI re-computation after considering income,expenses of DTA-unit as operating items
- In Favour of Assessee
- Citation Number : TS-282-ITAT-2019(PUN)-TP
- Tax Payer : Capstone Securities Analysis Pvt Ltd
ITAT: Dismisses Revenue’s appeal challenging DRP’s restriction of AMP-adjustment; Follows earlier -order
- In Favour of Assessee
- Citation Number : TS-281-ITAT-2019(DEL)-TP
- Tax Payer : Valvoline Cummins Ltd
ITAT:Quashes Sec 263-order; TP-addition out of ‘book profit’ adjustment u/s 115JB
- In Favour of Assessee
- Citation Number : TS-280-ITAT-2019(Kol)-TP
- Tax Payer : Himadri Chemicals & Industries Ltd.
ITAT:Upholds TP-adjustment deletion on corporate guarantee; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-279-ITAT-2019(Mum)-TP
- Tax Payer : Everest Kanto Cylinder Ltd