Updates ( 9054 results )
SC: Admits Revenue’s SLP against Bom HC-decision excluding comparable with different FY
- In Favour of Revenue
- Citation Number : TS-598-SC-2017-TP
- Tax Payer : PTC Software India Pvt Ltd
HC: Rejects Revenue’s plea against ITAT’s comparable remand; Upholds LIBOR+2% as interest benchmark
- In Favour of Assessee
- Citation Number : TS-595-HC-2017(BOM)-TP
- Tax Payer : VFS Global Services Pvt Ltd
ITAT: Includes 2 functionally similar comparables for software-developer; Rejects ad-hoc 1 risk adjustment
- In Favour of Both, Partially
- Citation Number : TS-592-ITAT-2017(Bang)-TP
- Tax Payer : Marvell India Pvt Ltd
HC:Upholds TP-adjustment deletion allowing aggregation of intra-group services under TNMM; Follows earlier-order
- In Favour of Assessee
- Citation Number : TS-590-HC-2017(DEL)-TP
- Tax Payer : Avery Dennison (India) Pvt Ltd
HC:Upholds TP-adjustment deletion allowing aggregation of intra-group services under TNMM; Follows earlier-order
- In Favour of Assessee
- Citation Number : TS-589-HC-2017(DEL)-TP
- Tax Payer : Avery Dennison (India) Pvt Ltd
ITAT: Refuses to entertain assessee’s contention regarding working capital computation, not pleaded before
- In Favour of Assessee
- Citation Number : TS-588-ITAT-2017(Bang)-TP
- Tax Payer : Flextronics Technologies India Pvt Ltd
ITAT: Remits ALP-determination for contract manufacturing segment; Remands comparables selection for software segment
- In Favour of Both, Partially
- Citation Number : TS-587-ITAT-2017(Bang)-TP
- Tax Payer : GE Medicals Systems India Pvt Ltd
HC: Upholds exclusion of 6 functionally dissimilar comparables in contract software development segment
- In Favour of Assessee
- Citation Number : TS-585-HC-2017(DEL)-TP
- Tax Payer : ALcatel Lucent India Ltd
ITAT: Remits TP-issue for fresh adjudication for assessee providing software design/ development services
- In Favour of Both, Partially
- Citation Number : TS-584-ITAT-2017(Bang)-TP
- Tax Payer : iPass India Pvt Ltd
ITAT: Restores DRP’s cryptic and stereotype order for fresh adjudication of TP-issue
- In Favour of Assessee
- Citation Number : TS-582-ITAT-2017(Bang)-TP
- Tax Payer : Symphony Marketing Solutions India P Ltd
ITAT: Remits corporate guarantee TP-adjustment pending Special-Bench decision whether it constitutes ‘international transaction’
- In Favour of Revenue
- Citation Number : TS-579-ITAT-2017(DEL)-TP
- Tax Payer : New Delhi Television Ltd
ITAT: Bad debt provision non-operating expenditure; Excludes 4 comparables for ITeS provider
- In Favour of Both, Partially
- Citation Number : TS-577-ITAT-2017(Bang)-TP
- Tax Payer : Business Process Outsourcing (India) Pvt Ltd
ITAT: Remits 8 comparables; Directs TPO to verify whether high/low turnover affects price
- In Favour of Both, Partially
- Citation Number : TS-576-ITAT-2017(Bang)-TP
- Tax Payer : Cenduit India Services Pvt Ltd
ITAT: Remits comparables selection for application of employee cost & turnover filters
- In Favour of Both, Partially
- Citation Number : TS-575-ITAT-2017(Bang)-TP
- Tax Payer : Dell International Services India Pvt Ltd
ITAT:Credit period for AE-receivables closely linked to services transaction; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-574-ITAT-2017(Bang)-TP
- Tax Payer : Lotus Labs Pvt Ltd
ITAT: Excludes 3 comparables in R&D segment; Directs TPO to find good comparables
- In Favour of Assessee
- Citation Number : TS-573-ITAT-2017(Bang)-TP
- Tax Payer : FMC India Private Limited
ITAT: Directs entity-TNMM application after aggregating management fees with other international transactions
- In Favour of Both, Partially
- Citation Number : TS-572-ITAT-2017(Bang)-TP
- Tax Payer : Fosroc Chemicals India Pvt Ltd
ITAT: Excludes 10 comparables following Commscope & Applied Materials rulings
- In Favour of Both, Partially
- Citation Number : TS-571-ITAT-2017(Bang)-TP
- Tax Payer : LSI India Research Pvt Ltd
ITAT: Excludes 9 comparables for software developer, rejects inclusion of 2 comparables; Follows precedents
- In Favour of Assessee
- Citation Number : TS-570-ITAT-2017(Bang)-TP
- Tax Payer : CSR India P Ltd
ITAT: Dismisses Revenue’s appeal in limine, grounds raised don't emanate from DRP-order
- In Favour of Assessee
- Citation Number : TS-569-ITAT-2017(Bang)-TP
- Tax Payer : Subex Ltd