Updates ( 9054 results )

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HC: Quashes ITAT-order restoring AMP-issue to AO/TPO; Directs ITAT to decide issue itself

  • In Favour of Assessee
  • Citation Number : TS-684-HC-2017(DEL)-TP
  • Tax Payer : Haier Appliances (India) P Ltd

ITAT: Confirms KPO companies’ exclusion for ITeS-provider; Allows working-capital adjustment basis credit period

  • In Favour of Both, Partially
  • Citation Number : TS-682-ITAT-2017(HYD)-TP
  • Tax Payer : Infor (India) Private Limited

ITAT: Includes E-Zest as comparable for software developer; Distinguishes precedents pertaining to different-AY

  • In Favour of Both, Partially
  • Citation Number : TS-681-ITAT-2017(HYD)-TP
  • Tax Payer : Conexant Systems Private Limited

ITAT: Restores application of RPT, turnover and high-profit filters to CIT(A); Follows Chryscapital ratio

  • In Favour of Both, Partially
  • Citation Number : TS-680-ITAT-2017(Bang)-TP
  • Tax Payer : AT & T Global Business Bangalore Services India (P) Ltd

ITAT: Deletes TP-adjustment towards 5 mark-up on travel/visa processing charges reimbursement

  • In Favour of Both, Partially
  • Citation Number : TS-679-ITAT-2017(HYD)-TP
  • Tax Payer : Avineon India P Ltd

ITAT:Restores entire TP-issue for fresh consideration, directs application of Chryscapital HC ratio

  • In Favour of Both, Partially
  • Citation Number : TS-678-ITAT-2017(Bang)-TP
  • Tax Payer : Synopsys India Pvt Ltd

HC:Confirms ITAT order deleting concealment penalty u/s 271(1)(c); Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-677-HC-2017(DEL)-TP
  • Tax Payer : GAP International Sourcing (India) Pvt Ltd

ITAT: Allows appeal against TP-adjustment for ITeS provider, follows earlier year order

  • In Favour of Assessee
  • Citation Number : TS-676-ITAT-2017(Mum)-TP
  • Tax Payer : Hapag-Llyod Global Services Private Limited

ITAT:Quashes revision u/s 263; November Return not belated as AE-reimbursement is international transaction

  • In Favour of Assessee
  • Citation Number : TS-674-ITAT-2017(Kol)-TP
  • Tax Payer : Bangla Entertainment Private Limited

ITAT: Rejects switch to TNMM, following earlier ITAT-orders; Considers direct marketing comparables only

  • In Favour of Both, Partially
  • Citation Number : TS-673-ITAT-2017(DEL)-TP
  • Tax Payer : Oriflame India Pvt Ltd

HC: Dismisses Revenue’s appeal, on delay & merits, against ITAT’s comparables exclusion for ITeS-provider

  • In Favour of Assessee
  • Citation Number : TS-672-HC-2017(DEL)-TP
  • Tax Payer : New River Software Services Pvt Ltd

ITAT: Mere judicial precedent not enough for comparable exclusion, matching functional profile necessary

  • In Favour of Both, Partially
  • Citation Number : TS-671-ITAT-2017(DEL)-TP
  • Tax Payer : Aircom International (India) Pvt Ltd

ITAT: Deletes Sec 271G-penalty, information submission during assessment shows compliance with Sec 92D(3) requirements

  • In Favour of Both, Partially
  • Citation Number : TS-670-ITAT-2017(HYD)-TP
  • Tax Payer : Karvy Computershare Pvt Ltd

ITAT: Adjudication of TP-issues not necessary in view of resolution under MAP

  • In Favour of Assessee
  • Citation Number : TS-665-ITAT-2017(Bang)-TP
  • Tax Payer : Flowserve India Controls P Ltd

ITAT:Restores addition regarding AE credit notes for fresh consideration

  • In Favour of Assessee
  • Citation Number : TS-664-ITAT-2017(Mum)-TP
  • Tax Payer : Reach Network India Private Ltd

ITAT: 25% RPT-filter applicable where less than 6 comparables selected, follows ‘ACI Worldwide’ ruling

  • In Favour of Both, Partially
  • Citation Number : TS-662-ITAT-2017(Bang)-TP
  • Tax Payer : Radisys India P. Ltd

ITAT: Restores ALP computation noting difference in turnover reported in additional ground & TP-study

  • In Favour of Assessee
  • Citation Number : TS-660-ITAT-2017(HYD)-TP
  • Tax Payer : Gameloft Software Private Limited

ITAT: Rules on comparables for software development, sales/marketing support segments; Follows precedents

  • In Favour of Both, Partially
  • Citation Number : TS-659-ITAT-2017(Bang)-TP
  • Tax Payer : Electronic Imaging India Pvt Ltd

ITAT:Deletes interest addition on compulsorily convertible debentures; Follows earlier year order

  • In Favour of Assessee
  • Citation Number : TS-658-ITAT-2017(DEL)-TP
  • Tax Payer : Brahma Center Development Pvt Ltd

ITAT: Grants conditional stay; Directs payment of 25% outstanding demand in two installments

  • In Favour of Assessee
  • Citation Number : TS-657-ITAT-2017(Bang)-TP
  • Tax Payer : Himalaya Drug Company