Updates ( 9041 results )
ITAT: Remits comparability issue to AO/TPO for assessee’s technical support services to AE
- In Favour of Both, Partially
- Citation Number : TS-628-ITAT-2018(DEL)-TP
- Tax Payer : Granite Services International India Private Limited
ITAT:Confirms Sec 271AA/ 271G penalty absent reasonable cause for TP-documentation maintenance & furnishing failure
- In Favour of Revenue
- Citation Number : TS-627-ITAT-2018(CHNY)-TP
- Tax Payer : India Pistons Ltd
ITAT: Excludes Acropetal Technologies having abnormally high profit and average operating margin
- In Favour of Assessee
- Citation Number : TS-626-ITAT-2018(CHNY)-TP
- Tax Payer : Bloom Energy India Pvt. Ltd
ITAT: Adopts internal-TNMM for benchmarking engineering design services; Accepts assessee’s man-hourly rates comparison plea
- In Favour of Assessee
- Citation Number : TS-625-ITAT-2018(PUN)-TP
- Tax Payer : Magna Steyr India Pvt Ltd
ITAT: Quashes assessment framed on non-existent amalgamating company; Follows Genpact ruling
- In Favour of Assessee
- Citation Number : TS-624-ITAT-2018(DEL)-TP
- Tax Payer : Akzo Nobel India Ltd., (formerly known as Akzo Nobel Car Refinishes India Pvt. Ltd.)
ITAT: Confirms CIT(A) order deleting TP-adjustment on ITeS, relies upon earlier ITAT-order
- In Favour of Assessee
- Citation Number : TS-622-ITAT-2018(DEL)-TP
- Tax Payer : Everest Business Advisory India (P) Ltd
ITAT: Quashes assessment order passed on non-existent amalgamating company as invalid; Distinguishes Sky-Hospitality
- In Favour of Assessee
- Citation Number : TS-621-ITAT-2018(PUN)-TP
- Tax Payer : Akzo Nobel India Limited (as successor of Akzo Nobel Chemicals (India) Limited)
ITAT: Remits ALP-determination of royalty following earlier year ITAT orders
- In Favour of Revenue
- Citation Number : TS-620-ITAT-2018(DEL)-TP
- Tax Payer : JCB India Ltd
ITAT: Excludes 3 companies for software development services; Remits 2 companies comparability for staffing services
- In Favour of Both, Partially
- Citation Number : TS-618-ITAT-2018(DEL)-TP
- Tax Payer : PYRAMID IT CONSULTING P LTD
ITAT: Holds foreign exchange fluctuation gains as operating income; Rules on comparable selection
- In Favour of Assessee
- Citation Number : TS-617-ITAT-2018(DEL)-TP
- Tax Payer : NEC Technologies India P Ltd
HC: Dismisses Revenue's appeal on TP-issue noting resolution under MAP
- In Favour of Assessee
- Citation Number : TS-616-HC-2018(KAR)-TP
- Tax Payer : SIEBEL SYSTEMS SOFTWARE (INDIA) P LTD
ITAT:High advertisement spend doesn't affect RPM; Upholds RPM for Burberry's luxury imports
- In Favour of Assessee
- Citation Number : TS-615-ITAT-2018(DEL)-TP
- Tax Payer : Burberry India Pvt Ltd
SC: Dismisses Revenue’s appeal against HC’s deletion of royalty TP-adjustment
- In Favour of Assessee
- Citation Number : TS-613-SC-2018-TP
- Tax Payer : SAKATA INX (INDIA) LIMITED
ITAT: Outbound loan constitutes 'international transaction', subsequent equity conversion irrelevant
- In Favour of Assessee
- Citation Number : TS-612-ITAT-2018(Bang)-TP
- Tax Payer : EIT Services India Pvt. Ltd. (formerly known as Hewlett Packard Global Soft Pvt. Ltd.
ITAT:ITAT Directs TPO to examine actual rendering of intra group services
- In Favour of Both, Partially
- Citation Number : TS-611-ITAT-2018(DEL)-TP
- Tax Payer : Avery Dennison (I) Pvt Ltd
HC: Defers deciding issue on simultaneous Sec 37 disallowance & TP-adjustment for intra-group service
- In Favour of Both, Partially
- Citation Number : TS-610-HC-2018(KAR)-TP
- Tax Payer : SKF Technologies India P Ltd
ITAT:Deletes protective addition on AMP; Relies on Delhi HC, bright-line test inapplicable
- In Favour of Assessee
- Citation Number : TS-609-ITAT-2018(DEL)-TP
- Tax Payer : Toshiba India Private Limited
HC:Dismisses Revenue’s appeal challenging ITAT’s comparables selection; Follows Softbrands ruling
- In Favour of Assessee
- Citation Number : TS-606-HC-2018(KAR)-TP
- Tax Payer : Pole of Win India
HC:Dismisses Revenue’s appeal challenging ITAT’s comparables selection; Follows Softbrands ruling
- In Favour of Assessee
- Citation Number : TS-605-HC-2018(KAR)-TP
- Tax Payer : IDS Software Solutions India Pvt Ltd
HC:Dismisses Revenue’s appeal challenging ITAT’s comparables selection; Follows Softbrands ruling
- In Favour of Assessee
- Citation Number : TS-604-HC-2018(KAR)-TP
- Tax Payer : Acusis Software India Pvt Ltd