Updates ( 9046 results )
ITAT: Yardsticks cannot differ for same tested-party; Adopts 6% ALP for all AE-loans
- In Favour of Assessee
- Citation Number : TS-926-ITAT-2017(DEL)-TP
- Tax Payer : House of Pearl Fashions Limited
ITAT:Holds reimbursement of arbitration payment on AE’s behalf not part of cost base
- In Favour of Assessee
- Citation Number : TS-924-ITAT-2017(DEL)-TP
- Tax Payer : Hyundai Rotem Company
ITAT: Applies Delhi-HC’s Chryscapital ruling over Bombay-HC in Pentair; Remits all comparables
- In Favour of Assessee
- Citation Number : TS-923-ITAT-2017(Bang)-TP
- Tax Payer : IGEFI Software India Pvt Ltd
ITAT: Grants conditional stay; Entity level TP-adjustment contrary to Firestone HC-ruling ratio
- In Favour of Assessee
- Citation Number : TS-922-ITAT-2017(Mum)-TP
- Tax Payer : Owens-Corning (India) Pvt Ltd
ITAT: Deletes TP-adjustment on share issue; Accepts assessee’s 1% as guarantee fee ALP
- In Favour of Assessee
- Citation Number : TS-921-ITAT-2017(Kol)-TP
- Tax Payer : TCG Lifesciences Pvt Ltd
ITAT: Rules on comparables selection for software developer for AYs 2009-10, 2011-12; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-920-ITAT-2017(Bang)-TP
- Tax Payer : Sterling Commerce Solutions India Pvt Ltd
HC: Reduces partial demand payment; Revenue not prejudiced if payment awaits ITAT’s final-decision
- In Favour of Assessee
- Citation Number : TS-919-HC-2017(KAR)-TP
- Tax Payer : Kaypee Electronics & Associates Pvt Ltd
HC: Stays ITAT-order directing Rs.50 lakhs payment on demand arising due to AMP-adjustment
- In Favour of Assessee
- Citation Number : TS-918-HC-2017(DEL)-TP
- Tax Payer : Casio India Company Pvt Ltd
ITAT: Excludes Kals, Bodhtree for software developer; Follows Cisco Systems ruling
- In Favour of Assessee
- Citation Number : TS-917-ITAT-2017(Bang)-TP
- Tax Payer : Sling Media Pvt Ltd
ITAT: Dismisses assessee’s miscellaneous petition absent specific ground in appeal for comparable exclusion
- In Favour of Both, Partially
- Citation Number : TS-916-ITAT-2017(Bang)-TP
- Tax Payer : AOL Online India P Ltd
ITAT: Remits issue of adopting quotation prices as CUP to follow Adani Wilmar HC-ratio
- In Favour of Assessee
- Citation Number : TS-915-ITAT-2017(Bang)-TP
- Tax Payer : British Engines (India) Pvt Ltd
ITAT: Rules on comparables in IT/ITES segments; Cites Safe-Harbour for KPO, BPO services differentiation
- In Favour of Assessee
- Citation Number : TS-914-ITAT-2017(PUN)-TP
- Tax Payer : PTC Software (India) Pvt Ltd
ITAT: Upholds assessment order despite DRP’s non-admission of assessee’s objections; Follows Inno Estates ruling
- In Favour of Assessee
- Citation Number : TS-912-ITAT-2017(HYD)-TP
- Tax Payer : Gameloft Software Private Limited
ITAT:Confirms TP-adjustment deletion on purchases/ sales transactions considering CIT(A)'s well reasoned order
- In Favour of Assessee
- Citation Number : TS-911-ITAT-2017(DEL)-TP
- Tax Payer : Unipatch Rubber Ltd
ITAT: Grants 5% tolerance benefit despite actual difference being 5.14%, considers assessee's lower depreciation
- In Favour of Assessee
- Citation Number : TS-910-ITAT-2017(CHNY)-TP
- Tax Payer : Western Thomson (India) Private Ltd
ITAT: Remits entire TP-issue in ITES segment to consider assessee’s objections
- In Favour of Both, Partially
- Citation Number : TS-909-ITAT-2017(Bang)-TP
- Tax Payer : lndecomm Global Services (India) Pvt Ltd
ITAT:Remits 6 comparables for de-novo assessment for ship management services provider
- In Favour of Assessee
- Citation Number : TS-908-ITAT-2017(Mum)-TP
- Tax Payer : British Marine PLC - India Branch
ITAT: Remits TP-issues in software development, ITES segments considering DRP’s cryptic, non-speaking order
- In Favour of Both, Partially
- Citation Number : TS-907-ITAT-2017(Bang)-TP
- Tax Payer : AOL Online India P Ltd
ITAT: Grants conditional stay on demand inter-alia arising due to AMP-adjustment
- In Favour of Assessee
- Citation Number : TS-905-ITAT-2017(CHANDI)-TP
- Tax Payer : GlaxoSmithKline Consumer Healthcare Ltd
ITAT: Includes Ultramine & Pigments as comparable for ITES-provider; Follows Chryscapital ruling ratio
- In Favour of Both, Partially
- Citation Number : TS-904-ITAT-2017(DEL)-TP
- Tax Payer : Vertex Customer Services India (P) Limited