Updates ( 9041 results )
ITAT: Holds write-backs on revenue account as part of operating income; Follows precedents
- In Favour of Assessee
- Citation Number : TS-1055-ITAT-2017(PUN)-TP
- Tax Payer : Suessen Asia Private Limited
ITAT: Rejects TPO's royalty restriction from 3% to 2%; Follows HC-ruling in own-case
- In Favour of Assessee
- Citation Number : TS-1054-ITAT-2017(HYD)-TP
- Tax Payer : RAK Ceramic India Private Limited
ITAT: Rejects inclusion of Satyam-BPO for ITES-provider citing fraud; Distinguishes American Express ruling
- In Favour of Both, Partially
- Citation Number : TS-1052-ITAT-2017(DEL)-TP
- Tax Payer : Vertex Customer Services India Private Limited
ITAT: Excludes 4 comparables for ITES provider; Restricts TP-adjustment only to AE-transactions
- In Favour of Assessee
- Citation Number : TS-8-ITAT-2018(Mum)-TP
- Tax Payer : Tracmail ( India) Private Limited
ITAT: Quashes AO’s assessment order passed without incorporating DRP's mandatory directions
- In Favour of Assessee
- Citation Number : TS-7-ITAT-2018(Bang)-TP
- Tax Payer : Software Paradigms Infotech Pvt Ltd
ITAT: Remits Forward Foreign Exchange Contract (FFEC) transaction to consider additional evidences filed by assessee
- In Favour of Both, Partially
- Citation Number : TS-6-ITAT-2018(Mum)-TP
- Tax Payer : Citibank Overseas Investment Corporation
ITAT: Accepts assessee’s plea for appeal withdrawal in light of resolution under unilateral-APA
- In Favour of Both, Partially
- Citation Number : TS-1050-ITAT-2017(Bang)-TP
- Tax Payer : First Advantage Global Operating Center Pvt Ltd
ITAT: Rules on comparables selection in assessee’s software-development, ITES segments; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-1049-ITAT-2017(Bang)-TP
- Tax Payer : TE Connectivity Global Shared Services India Pvt. Ltd
ITAT:Dismisses appeal against CIT(A)’s penalty-deletion considering fresh proceedings post-ITAT’s quantum adjustment remand
- In Favour of Assessee
- Citation Number : TS-3-ITAT-2018(DEL)-TP
- Tax Payer : Actis Advisers Pvt Ltd
ITAT: Can’t add markup on expense reimbursements as merely balance-sheet entries; Follows earlier-order
- In Favour of Assessee
- Citation Number : TS-1048-ITAT-2017(HYD)-TP
- Tax Payer : Cambridge Technology Enterprises Ltd
ITAT: Excludes Bodthree, remits Tata Elxsi & Infosys comparability for software developer
- In Favour of Both, Partially
- Citation Number : TS-1047-ITAT-2017(Bang)-TP
- Tax Payer : Narus Networks Pvt Ltd
ITAT:Rejects DRP’s entity level TP-adjustment; Follows Keihin Panalfa & Alstom Projects HC-rulings
- In Favour of Assessee
- Citation Number : TS-1046-ITAT-2017(CHNY)-TP
- Tax Payer : Yongsan Automotive India Pvt Ltd
ITAT: Dismisses TP-grounds in view of settlement of dispute under MAP
- In Favour of Both, Partially
- Citation Number : TS-1045-ITAT-2017(Bang)-TP
- Tax Payer : Flowserve India Controls Pvt Ltd
ITAT:Rejects Tribunal’s income enhancement by considering guarantee commission in ALP; Allows miscellaneous-application
- In Favour of Assessee
- Citation Number : TS-1044-ITAT-2017(Mum)-TP
- Tax Payer : Uttam Galva Steel Ltd
ITAT: Dismisses assessee's miscellaneous petition alleging non-adjudication of some TP-grounds
- In Favour of Revenue
- Citation Number : TS-1043-ITAT-2017(Bang)-TP
- Tax Payer : Kaypee Electronics & Associates Pvt Ltd
ITAT: Rejects miscellaneous-petition seeking additional evidence consideration regarding receipt of intra-group services
- In Favour of Revenue
- Citation Number : TS-1042-ITAT-2017(Bang)-TP
- Tax Payer : Herbalife International India Pvt Ltd
ITAT: Dismisses miscellaneous petition seeking adjudication on certain grounds absent arguments during hearing
- In Favour of Assessee
- Citation Number : TS-1041-ITAT-2017(Bang)-TP
- Tax Payer : Biesse Manufacturing Co. Pvt. Ltd
ITAT:Allows miscellaneous petition; Recalls order dismissing assessee's appeal in limine
- In Favour of Assessee
- Citation Number : TS-1040-ITAT-2017(Bang)-TP
- Tax Payer : Indeca Sporting Goods Pvt Ltd
ITAT:Deletes concealment penalty as TP-adjustment had no effect on income of assessee
- In Favour of Assessee
- Citation Number : TS-1039-ITAT-2017(DEL)-TP
- Tax Payer : Goodyear India Ltd
ITAT: Classifies assessee as low-end BPO; Rejects comparables with ‘shady past’ record
- In Favour of Both, Partially
- Citation Number : TS-1038-ITAT-2017(DEL)-TP
- Tax Payer : Everest Business Advisory India