Updates ( 9041 results )

Filters

ITAT: Excludes 6 comparables citing functional dissimilarities and extraordinary events; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-1190-ITAT-2018(DEL)-TP
  • Tax Payer : GE India Business Services Pvt. Ltd

ITAT: Quashes AO’s final-order passed without incorporating DRP’s mandatory directions; Distinguishes Hennes & Mauritz ruling

  • In Favour of Both, Partially
  • Citation Number : TS-1189-ITAT-2018(Bang)-TP
  • Tax Payer : July Systems & Technologies Pvt Ltd

ITAT:Excludes 4 companies as comparable for marketing/administrative sevices, Follows Philip Morris ruling

  • In Favour of Assessee
  • Citation Number : TS-1187-ITAT-2018(DEL)-TP
  • Tax Payer : GECAS Services India Pvt.Ltd

ITAT:Quashes assessment order passed on non-existent amalgamating company as invalid; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-1185-ITAT-2018(DEL)-TP
  • Tax Payer : Genpact Infrastructure (Bhopal) (P.) Ltd

ITAT: Deletes Rs.300 crores TP-adjustment on intra-group services; Rejects TPO’s Nil ALP-determination

  • In Favour of Assessee
  • Citation Number : TS-1183-ITAT-2018(Kol)-TP
  • Tax Payer : Philips India Ltd

ITAT:Deletes royalty adjustment, direct nexus between assessee's revenue & payment established; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-1180-ITAT-2018(DEL)-TP
  • Tax Payer : Maruti Suzuki India Ltd

ITAT: Upholds CUP-method for exports as AE-customer transaction at same price; Follows earlier-order

  • In Favour of Assessee
  • Citation Number : TS-1179-ITAT-2018(Kol)-TP
  • Tax Payer : AT&S India Private Limited

ITAT: Intra-group services not stewardship services, rejects Nil ALP-determination; Directs fresh exercise

  • In Favour of Assessee
  • Citation Number : TS-1178-ITAT-2018(Kol)-TP
  • Tax Payer : Sika India Pvt Ltd

ITAT: Rules on comparables for ITES provider; Remits working capital and risk adjustment plea

  • In Favour of Both, Partially
  • Citation Number : TS-1177-ITAT-2018(Mum)-TP
  • Tax Payer : Deutsche Networking Services Private Limited (Through their successor: DBOI Global Services Private Limited)

ITAT: Upholds royalty adjustment deletion for assessee manufacturer; Follows earlier-order

  • In Favour of Assessee
  • Citation Number : TS-1176-ITAT-2018(Ahd)-TP
  • Tax Payer : Hitachi Home & Life Solutions (India) Ltd

ITAT: ALP determination mandatory u/s. 92, abnormal profits not reason to accept assessee's price

  • In Favour of Revenue
  • Citation Number : TS-1175-ITAT-2018(Bang)-TP
  • Tax Payer : AO Smith India Water Products Pvt Ltd

ITAT: Allows assessee’s appeal, quashes TPO-reference contradictory to CBDT Instruction No.3/2003

  • In Favour of Assessee
  • Citation Number : TS-1173-ITAT-2018(DEL)-TP
  • Tax Payer : Bucher Hydraulics Private Limited

ITAT: Corporate guarantee, not ‘international transaction’, absent expenditure for extending the guarantee; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-1171-ITAT-2018(VIZ)-TP
  • Tax Payer : CCL Products (India) Pvt Ltd

ITAT:Grants partial stay of demand arising on AMP and royalty issue

  • In Favour of Assessee
  • Citation Number : TS-1170-ITAT-2018(Mum)-TP
  • Tax Payer : Diageo India Private Ltd

ITAT: Allows Sec 10A benefit on voluntary TP-adjustment; Follows earlier year ruling

  • In Favour of Assessee
  • Citation Number : TS-1169-ITAT-2018(DEL)-TP
  • Tax Payer : G S Engineering & Constructions India Pvt Ltd

ITAT: Assets under-utilization an internal inefficiency, not basis to exclude functionally similar comparable

  • In Favour of Assessee
  • Citation Number : TS-1168-ITAT-2018(DEL)-TP
  • Tax Payer : Transcend M T Services Pvt Ltd (Formerly Heartland Bangalore Transcription and Services Pvt. Ltd merged with Heartland Informati

ITAT: Deletes Sec 40A(2)-disallowance as domestic-AE payment found at ALP in TP-study; Follows earlier-order

  • In Favour of Assessee
  • Citation Number : TS-1167-ITAT-2018(DEL)-TP
  • Tax Payer : Amserve Consultants Ltd

ITAT:Deletes TP-adjustment on expense reimbursement sans application of prescribed TP-method u/s 92C

  • In Favour of Assessee
  • Citation Number : TS-1166-ITAT-2018(Mum)-TP
  • Tax Payer : Wartsila India Limited

ITAT:Excludes SISCO as comparable to pure-trader; TPO can consider comparables in public domain

  • In Favour of Both, Partially
  • Citation Number : TS-1165-ITAT-2018(Kol)-TP
  • Tax Payer : Philips Medical Systems Private Limited (now merged with Philips Electronics India Limited

ITAT: Upholds aggregated benchmarking of import of spares/ completely built cars with manufacturing

  • In Favour of Both, Partially
  • Citation Number : TS-1164-ITAT-2018(PUN)-TP
  • Tax Payer : Mercedes-Benz India Pvt Ltd (formerly known as Daimler Chrysler India Pvt. Ltd.)