Updates ( 9025 results )
ITAT:Deletes interest adjustment applying rule of consistency, rejects TPO’s comparable citing differences
- In Favour of Assessee
- Citation Number : TS-190-ITAT-2019(Ahd)-TP
- Tax Payer : Mundra International Container Terminal Pvt Ltd
ITAT:Deletes AMP-adjustment considering assessee-manufacturer’s margin (even after excluding AMP-expenses) higher than comparables
- In Favour of Assessee
- Citation Number : TS-189-ITAT-2019(DEL)-TP
- Tax Payer : Pernod Ricard [India] Pvt Ltd [Formerly known as Seagram India Pvt Ltd]
ITAT: Excludes broadcasting companies for content producer; Upholds assessee’s CUP for distribution-segment
- In Favour of Assessee
- Citation Number : TS-187-ITAT-2019(Mum)-TP
- Tax Payer : Viacom 18 Media Pvt Ltd (formerly M/s. MTV Network India Pvt. Ltd.)
ITAT: Dismisses assessee’s miscellaneous-petition; Upholds Instrumentation Corporation ruling reliance for adjudicating stressed AE-loan TP-adjustment
- In Favour of Both, Partially
- Citation Number : TS-186-ITAT-2019(Mum)-TP
- Tax Payer : Laqshya Media Limited [earlier known as Laqshya Media Pvt. Ltd.]
ITAT:Excludes Celestial labs, Oilfied for pharma company citing functional-dissimilarity; Grants working-capital adjustment
- In Favour of Both, Partially
- Citation Number : TS-185-ITAT-2019(Bang)-TP
- Tax Payer : Apotex Pharmachem India P Ltd
ITAT: Upholds Rs.200cr turnover filter application; Distinguishes Revenue’s reliance on Acusis HC-ruling
- In Favour of Assessee
- Citation Number : TS-184-ITAT-2019(Bang)-TP
- Tax Payer : Northern Operating Services
ITAT: Restores grounds on capacity utilization adjustment and treatment Forex gain as operating income
- In Favour of Both, Partially
- Citation Number : TS-183-ITAT-2019(DEL)-TP
- Tax Payer : SD Bio Standard Diagnostic Pvt Ltd
ITAT: Restores TP-adjustment on AE receivables, cites non-consideration of addendum to main agreement
- In Favour of Both, Partially
- Citation Number : TS-180-ITAT-2019(CHANDI)-TP
- Tax Payer : Quark Media House India Pvt Ltd (Now known as QC Residential Private Limited)
ITAT: Classifies Microsoft-corp as low-end marketing support service provider; Rejects ICRA, CRISIL as comparables
- In Favour of Assessee
- Citation Number : TS-179-ITAT-2019(DEL)-TP
- Tax Payer : Microsoft Corporation (India) Private Ltd
ITAT: Deletes TP adjustment on FCCDs interest; Follows earlier-orders
- In Favour of Assessee
- Citation Number : TS-177-ITAT-2019(DEL)-TP
- Tax Payer : Granite Gate Properties Pvt Ltd
HC: Dismisses Revenue’s appeal; Upholds ITAT-order excluding functionally dissimilar Bodhtree Consulting
- In Favour of Assessee
- Citation Number : TS-176-HC-2019(BOM)-TP
- Tax Payer : Lionbridge Technologies Pvt Ltd
ITAT: Dismisses miscellaneous application; Tribunal-order clear on segmental results consideration for comparables selection
- In Favour of Revenue
- Citation Number : TS-173-ITAT-2019(HYD)-TP
- Tax Payer : Cura Technologies Limited
ITAT:Quashes draft-order passed without following Sec 144C mandate; Follows Eaton-Fluid, distinguishes Skylight ruling
- In Favour of Assessee
- Citation Number : TS-172-ITAT-2019(CHNY)-TP
- Tax Payer : Shri. Chandanmal Nagaraj
ITAT:Deletes TP-adjustment on corporate guarantee, interest-free AE-loan; Follows precedents
- In Favour of Assessee
- Citation Number : TS-171-ITAT-2019(Ahd)-TP
- Tax Payer : Adani Ports and Special Economic Zone Ltd
ITAT: Upholds manufacturer assessee’s 3 royalty payment at ALP; Follows earlier-orders
- In Favour of Assessee
- Citation Number : TS-170-ITAT-2019(Ahd)-TP
- Tax Payer : Hitachi Home & Life Solution (India) Ltd
ITAT:Upholds CIT(A)-order directing segmental margin verification; Rejects Revenue’s new plea challenging expense-allocation
- In Favour of Assessee
- Citation Number : TS-168-ITAT-2019(Ahd)-TP
- Tax Payer : Sabic Innovative Plastics India Pvt Ltd
ITAT: Remits TP-adjustment on intra-group services and interest on AE-loan; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-1459-ITAT-2018(DEL)-TP
- Tax Payer : BG Exploration & Production India Ltd
ITAT: Fixes LIBOR +150 bps as AE-loan interest benchmark; Rejects interest enhancement by 4 risk-margin
- In Favour of Assessee
- Citation Number : TS-166-ITAT-2019(Mum)-TP
- Tax Payer : Thirumalai Chemicals Ltd
ITAT:Remits ground challenging AO’s TPO-reference when international transaction quantum < 15cr
- In Favour of Both, Partially
- Citation Number : TS-165-ITAT-2019(Ahd)-TP
- Tax Payer : GMM Pfaudler Limited
ITAT: Allows Revenue’s miscellaneous application, corrects error by directing exclusion of Akshay Technologies
- In Favour of Revenue
- Citation Number : TS-164-ITAT-2019(PUN)-TP
- Tax Payer : Amber Point Technology India Pvt Ltd