Updates ( 9041 results )
ITAT: SIP-Technologies, not persistent loss-maker, directs inclusion as comparable for software developer
- In Favour of Assessee
- Citation Number : TS-313-ITAT-2018(PUN)-TP
- Tax Payer : SAS Research and Development (India) Private Limited
ITAT: No further income attributable to PE since international transaction at ALP, follows earlier-order
- In Favour of Assessee
- Citation Number : TS-311-ITAT-2018(Mum)-TP
- Tax Payer : Zee TV USA Inc Mauritus C/o Zee Telefilms Ltd
ITAT:Rejects TPO/DRP’s CUP-method, without selecting any comparables, for management-fee benchmarking; Remits issue
- In Favour of Both, Partially
- Citation Number : TS-310-ITAT-2018(CHNY)-TP
- Tax Payer : Gates Unitta India Company Private Limited
ITAT: Upholds TP-adjustment restriction only to international transactions; Follows HC-order in own case
- In Favour of Assessee
- Citation Number : TS-309-ITAT-2018(Mum)-TP
- Tax Payer : Tara Jewels Export Pvt Ltd
ITAT: Excludes functionally dissimilar, fraudulent companies as comparables for ITeS-provider, follows precedents
- In Favour of Both, Partially
- Citation Number : TS-307-ITAT-2018(PUN)-TP
- Tax Payer : KPIT Cummins Global Business Solutions Ltd
HC: Dismisses Revenue’s appeal; Upholds exclusion of 4 functionally dissimilar comparables
- In Favour of Assessee
- Citation Number : TS-306-HC-2018(DEL)-TP
- Tax Payer : MPS Ltd
HC: Upholds ITAT’s remand of TP-provisions applicability to local amalgamation within Group
- In Favour of Revenue
- Citation Number : TS-305-HC-2018(BOM)-TP
- Tax Payer : Thomson Reuters India Private Limited
SC: Admits Revenue’s appeal on AMP-issue for Valvoline Cummins; Tags case with Honda Siel
- In Favour of Revenue
- Citation Number : TS-304-SC-2018-TP
- Tax Payer : Valvoline Cummins Ltd
ITAT:Rejects plea that AE’s marketing services justified non-charging of interest on AE-loan
- In Favour of Revenue
- Citation Number : TS-303-ITAT-2018(Mum)-TP
- Tax Payer : Virgo Engineering Ltd (Now merged with Virgo Valves & Controls Pvt Ltd)
HC:Admits assessee’s legal questions on applicability of TP-provisions to corporate guarantee
- In Favour of Assessee
- Citation Number : TS-302-HC-2018(BOM)-TP
- Tax Payer : Minacs Pvt Ltd
HC: Admits JCB’s legal question on aggregation of closely linked transactions under TNMM
- In Favour of Assessee
- Citation Number : TS-301-HC-2018(DEL)-TP
- Tax Payer : JCB India Ltd
HC:ITAT’s remand of AMP-issue unnecessary when Sony-ruling correctly applied by TPO/DRP
- In Favour of Assessee
- Citation Number : TS-300-HC-2018(DEL)-TP
- Tax Payer : Callaway Golf India Pvt Ltd
ITAT: Excludes 12 companies as comparable for software service provider; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-298-ITAT-2018(Bang)-TP
- Tax Payer : SAP Labs India Pvt Ltd
HC: Upholds exclusion of 5 comparables for BPO service provider; Follows precedents
- In Favour of Assessee
- Citation Number : TS-293-HC-2018(BOM)-TP
- Tax Payer : BNY Mellon International Operations (India) Pvt Ltd
ITAT: Remits capacity utilization issue in manufacturing segment back to TPO following earlier-order
- In Favour of Assessee
- Citation Number : TS-292-ITAT-2018(DEL)-TP
- Tax Payer : Nissin Brake India Pvt Ltd
ITAT:Grants further stay extension to Manipal Global as appeals heard and orders awaited
- In Favour of Assessee
- Citation Number : TS-291-ITAT-2018(Bang)-TP
- Tax Payer : Manipal Global Education Services P Ltd
ITAT:Grants conditional stay; Notes MAP-application for resolution of TP-issues pending disposal
- In Favour of Assessee
- Citation Number : TS-289-ITAT-2018(Bang)-TP
- Tax Payer : Novozymes South Asia Pvt Ltd
ITAT:Restores TP-adjustment for BPO-services transaction for re-consideration of segmental results
- In Favour of Assessee
- Citation Number : TS-288-ITAT-2018(Mum)-TP
- Tax Payer : Your Lifestyle Private Limited [Formerly known as Sanda Wellbeing Private Limited]
ITAT:Rejects stay; Dismisses assessee’s grievance on comparables absent TP-documentation filing before TPO
- In Favour of Assessee
- Citation Number : TS-286-ITAT-2018(CHNY)-TP
- Tax Payer : Mos Metro India Pvt Ltd
ITAT: Grants conditional stay on demand arising due to TP-adjustment on purchases transaction
- In Favour of Revenue
- Citation Number : TS-284-ITAT-2018(CHNY)-TP
- Tax Payer : Cameron Manufacturing (India) Private Limited