Updates ( 9041 results )
ITAT: Confirms S.271G-penalty deletion considering difficulty in information submission for diamond merchants
- In Favour of Assessee
- Citation Number : TS-1363-ITAT-2018(Mum)-TP
- Tax Payer : Laxmi Diamond P Ltd
ITAT: Directs separate and independent benchmarking of trading and manufacturing activities; Remits issue
- In Favour of Both, Partially
- Citation Number : TS-1362-ITAT-2018(PUN)-TP
- Tax Payer : Stauff India Pvt Ltd
ITAT: Excludes 7 comparables for ITeS-provider citing functional dissimilarity, significant brand value etc.
- In Favour of Assessee
- Citation Number : TS-4-ITAT-2019(HYD)-TP
- Tax Payer : TNS India Private Ltd
ITAT: Restricts corporate guarantee fee ALP at 0.5%; Follows earlier-order
- In Favour of Assessee
- Citation Number : TS-3-ITAT-2019(Mum)-TP
- Tax Payer : Cox & Kings Limited
ITAT: Excludes Genesys-International; Presence of intangibles indicative that company isn’t into software development
- In Favour of Assessee
- Citation Number : TS-1361-ITAT-2018(Bang)-TP
- Tax Payer : Evolving Systems Network India Pvt Ltd
ITAT:Remits Readers Digest AMP-adjustment citing different product promotion mechanism
- In Favour of Both, Partially
- Citation Number : TS-1360-ITAT-2018(DEL)-TP
- Tax Payer : Readers Digest Book and Home Entertainment India (P) Ltd
ITAT: Wrong nomenclature of PLI doesn’t affect MAM-selection; Upholds CPM for services sale-purchase
- In Favour of Assessee
- Citation Number : TS-1359-ITAT-2018(Kol)-TP
- Tax Payer : R.S. Software (India) Ltd
ITAT:Bad debt Provision though operating, not deductible if unrelated to relevant year turnover
- In Favour of Both, Partially
- Citation Number : TS-1358-ITAT-2018(Bang)-TP
- Tax Payer : Marvell India Pvt Ltd
ITAT: Allows miscellaneous petition; Recalls Tribunal order to decide ground regarding royalty adjustment
- In Favour of Assessee
- Citation Number : TS-1357-ITAT-2018(Ahd)-TP
- Tax Payer : General Motors India Pvt. Ltd
ITAT:Directs re-determination of AMP-expenses ALP by following ITAT-directions in first appeal round
- In Favour of Both, Partially
- Citation Number : TS-1355-ITAT-2018(CHANDI)-TP
- Tax Payer : GlaxoSmithKline Consumer Healthcare Ltd
ITAT:Directs margin re-computation using only audited segmental results of AE-transactions
- In Favour of Both, Partially
- Citation Number : TS-1354-ITAT-2018(HYD)-TP
- Tax Payer : eBizNET Solutions Private Limited
ITAT:Outstanding AE-receivables liable to ALP-adjustment, borrowed funds usage irrelevant; Distinguishes Bechtel-India ruling
- In Favour of Both, Partially
- Citation Number : TS-1353-ITAT-2018(Bang)-TP
- Tax Payer : Naunce Transcription Services India Pvt Ltd
ITAT:Rejects re-characterisation of outstanding AE-receivable as loan; Deletes TP-addition following Kusum Healthcare
- In Favour of Both, Partially
- Citation Number : TS-1351-ITAT-2018(DEL)-TP
- Tax Payer : Transfer Pricing Audit and Dispute Resolution Landscape
ITAT:TP-adjustment cannot be included in book-profits u/s 115JB; Rules on comparables
- In Favour of Both, Partially
- Citation Number : TS-1349-ITAT-2018(Kol)-TP
- Tax Payer : Nomura Research Institute Financial Tech (I) Pvt Ltd (formerly Anshin Software Pvt. Ltd.)
ITAT:Directs ALP re-determination of CCA preferring CUP over TNMM; Follows earlier-orders
- In Favour of Assessee
- Citation Number : TS-1344-ITAT-2018(DEL)-TP
- Tax Payer : Atotech India Limited
ITAT:Dismisses assessee’s MP; No mistake in following Chryscapital over Pentair HC-ruling
- In Favour of Revenue
- Citation Number : TS-1341-ITAT-2018(Bang)-TP
- Tax Payer : Robert Bosch Engineering & Business Solutions P Ltd (Formerly known as Robert Bosch Engineering and Business Solutions Ltd)
ITAT: Allows personnel cost, capacity adjustment; Deletes TP-adjustment as adjusted margin within +/-5% range
- In Favour of Both, Partially
- Citation Number : TS-1337-ITAT-2018(PUN)-TP
- Tax Payer : Amdocs Development Centre India LLP (Formerly known as Amdocs Development Centre India Private Limited which was the legal succ
ITAT: Rules on comparables for ITeS-provider; Holds TPO’s lower turnover-filter application as ‘cherry picking’
- In Favour of Both, Partially
- Citation Number : TS-1335-ITAT-2018(DEL)-TP
- Tax Payer : XL India Business Services Pvt Ltd
ITAT: Directs application of TNMM for intra-group services for mineral-oil explorer; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-1333-ITAT-2018(DEL)-TP
- Tax Payer : BG Exploration & Production India Limited
ITAT: Rejects assessee’s RPM as alternative TP-method, if transaction not at ALP under TNMM
- In Favour of Both, Partially
- Citation Number : TS-1331-ITAT-2018(Bang)-TP
- Tax Payer : Arcot R&D Software Pvt Ltd