Updates ( 9041 results )
ITAT: Restricts corporate guarantee ALP at 0.5% as against TPO’s 5%; Follows Everest-Kanto
- In Favour of Assessee
- Citation Number : TS-405-ITAT-2018(Mum)-TP
- Tax Payer : Apar Industries Limited
ITAT: Rules on comparables in IT/ITeS/Marketing segments; Treats forex-fluctuation as operating item, distinguishes Commscope
- In Favour of Assessee
- Citation Number : TS-404-ITAT-2018(Bang)-TP
- Tax Payer : Finastra Software Solutions (I) P Ltd
ITAT:Grants stay considering assessee’s prima facie case on TP-issue and pending refunds
- In Favour of Assessee
- Citation Number : TS-403-ITAT-2018(HYD)-TP
- Tax Payer : eBizNET Solutions Pvt Ltd
ITAT: Deletes TP-adjustment on AMP expenditure and royalty relying on earlier year orders
- In Favour of Assessee
- Citation Number : TS-402-ITAT-2018(DEL)-TP
- Tax Payer : Honda Siel Power Products Ltd
ITAT: Deletes AMP-adjustment for trader of life saving devices; Follows earlier-order
- In Favour of Assessee
- Citation Number : TS-400-ITAT-2018(Mum)-TP
- Tax Payer : India Medtronic Private Limited
ITAT:Assessee/ Revenue cannot challenge comparables selected in assessment order/TP study respectively
- In Favour of Assessee
- Citation Number : TS-399-ITAT-2018(Mum)-TP
- Tax Payer : Capita Offshore Services Pvt Ltd
ITAT: Accepts CUP from AE's country for benchmarking export transaction, rejects multi-country average
- In Favour of Assessee
- Citation Number : TS-398-ITAT-2018(Mum)-TP
- Tax Payer : Lupin Limited
ITAT: Excludes comparables absent product comparability even at broad level; Follows Rampgreen ruling
- In Favour of Assessee
- Citation Number : TS-397-ITAT-2018(Kol)-TP
- Tax Payer : Schenck Process India Limited
ITAT:Cannot reject assessee’s new comparables merely for non-maintaining documentation by specified date
- In Favour of Both, Partially
- Citation Number : TS-396-ITAT-2018(PUN)-TP
- Tax Payer : Faurecia Interior Systems India Private Limited
ITAT: Holds doubtful-debts provision operating item, following Safe-Harbour Rules; Remits comparables’ margin computation
- In Favour of Assessee
- Citation Number : TS-394-ITAT-2018(DEL)-TP
- Tax Payer : Federal Mogul Ignition Products India Ltd
ITAT: Recalls order to decide issue not adjudicated in original order
- In Favour of Assessee
- Citation Number : TS-393-ITAT-2018(Bang)-TP
- Tax Payer : Nuance Transcription Services India Pvt Ltd
ITAT: Remits matter to re-decide after considering DRP-directions of Forex loss exclusion
- In Favour of Assessee
- Citation Number : TS-392-ITAT-2018(DEL)-TP
- Tax Payer : Quatrro Business Support Services (P) Ltd
ITAT:Deletes TP-adjustment for provision of manning services; Follows earlier-order
- In Favour of Both, Partially
- Citation Number : TS-391-ITAT-2018(Mum)-TP
- Tax Payer : Wilhemsen Ship Management India Pvt Ltd
ITAT: Rules on comparable for technical services; Remits ALP-determination of back-office support services
- In Favour of Both, Partially
- Citation Number : TS-390-ITAT-2018(Mum)-TP
- Tax Payer : ExxonMobil Company India Private Limited
ITAT: Remits Bodhtree comparability for verification of revenue recognition policy impact on profit
- In Favour of Assessee
- Citation Number : TS-389-ITAT-2018(DEL)-TP
- Tax Payer : Opera Solutions Management Consulting Services Pvt Ltd
ITAT: Allows capacity adjustment in-principle; Considers impact on windmill business post 2012-amendments
- In Favour of Assessee
- Citation Number : TS-388-ITAT-2018(CHNY)-TP
- Tax Payer : Bonfigioli Transmissions Private Limited
ITAT: Rejects assessee’s risk adjustment on estimated-basis, holds clear/logical workings necessary
- In Favour of Revenue
- Citation Number : TS-387-ITAT-2018(CHNY)-TP
- Tax Payer : Infac India Pvt Limited
ITAT:Upholds CIT(A)-order; Higher TP-margins not ground to deny tax holiday, follows Honeywell
- In Favour of Assessee
- Citation Number : TS-386-ITAT-2018(PUN)-TP
- Tax Payer : Faurecia Interior Systems India Pvt Ltd
ITAT: Deletes corporate guarantee adjustment, holds commission rates 0.25% -0.53% as reasonable; Follows precedents
- In Favour of Assessee
- Citation Number : TS-385-ITAT-2018(VIZ)-TP
- Tax Payer : GVK Power & Infrastructure Ltd
ITAT: Restores TP-adjustment on outstanding AE-receivables; Follows earlier-order
- In Favour of Both, Partially
- Citation Number : TS-384-ITAT-2018(Mum)-TP
- Tax Payer : Information System Resource Centre Pvt Ltd