Updates ( 9054 results )
ITAT: Applies 10 times turnover range over Rs 1-200cr filter; Follows McAfee over 24/7 Customer.com ruling
- In Favour of Both, Partially
- Citation Number : TS-352-ITAT-2017(Bang)-TP
- Tax Payer : Swiss Re Shared Services (India) P Ltd
ITAT: Upholds 15% RPT; Rules on selection of comparables following Net Devices ruling
- In Favour of Assessee
- Citation Number : TS-351-ITAT-2017(Bang)-TP
- Tax Payer : SunGard Solutions (India) Pvt Ltd
ITAT: Upholds exclusion of companies having turnover > Rs.200Cr, considers 10 times multiple
- In Favour of Assessee
- Citation Number : TS-350-ITAT-2017(Bang)-TP
- Tax Payer : Solidcore Techsoft Systems (India) Pvt Ltd
ITAT:Remits functional comparability of companies already remanded for examining high profit margin
- In Favour of Both, Partially
- Citation Number : TS-347-ITAT-2017(Bang)-TP
- Tax Payer : Maxim India Integrated Circuit Design Pvt Ltd
ITAT: Dismisses assessee’s challenge to Chapter X applicability on international transaction; Declines +/-5% benefit
- In Favour of Revenue
- Citation Number : TS-346-ITAT-2017(Bang)-TP
- Tax Payer : Insilica Semiconductors India Pvt Ltd
ITAT: Excludes 13 comparables for software developer; Follows Trilogy E-Business ruling
- In Favour of Both, Partially
- Citation Number : TS-345-ITAT-2017(Bang)-TP
- Tax Payer : Verifone India Technology Private Limited
ITAT:Remits allocation issue between AE, non-AE for cost records verification; Follows earlier-order
- In Favour of Both, Partially
- Citation Number : TS-344-ITAT-2017(Bang)-TP
- Tax Payer : Otto Bilz India Pvt Ltd
ITAT:Allows assessee’s additional ground for admission of evidence declined by CIT(A)
- In Favour of Assessee
- Citation Number : TS-343-ITAT-2017(Bang)-TP
- Tax Payer : UL India Pvt Ltd
ITAT: Allows inclusion of forex gain in profit margin despite exclusion in TP-study
- In Favour of Assessee
- Citation Number : TS-342-ITAT-2017(Bang)-TP
- Tax Payer : Sunway Construction India Pvt Ltd
ITAT: Excludes 2 comparables for software development service provider; Follows Cisco Systems ruling
- In Favour of Assessee
- Citation Number : TS-341-ITAT-2017(Bang)-TP
- Tax Payer : Sonim Technologies (India) Pvt Ltd
ITAT: Excludes 7 comparables for software developer; Permits depreciation adjustment to bridge disparities
- In Favour of Both, Partially
- Citation Number : TS-340-ITAT-2017(Bang)-TP
- Tax Payer : Infineon Technologies India Ltd
ITAT: Excludes Bodhtree, Kals-Information for software developer; Follows Infinera ruling considering identical facts
- In Favour of Assessee
- Citation Number : TS-339-ITAT-2017(Bang)-TP
- Tax Payer : Cibersites India Pvt Ltd
ITAT:Excludes 9 comparables due to functional dissimilarity, 10 times turnover-range; Remits 3 comparables
- In Favour of Both, Partially
- Citation Number : TS-338-ITAT-2017(Bang)-TP
- Tax Payer : Alliance Semiconductors India Pvt Ltd
ITAT:Remits AMP-adjustment for assessee engaged in reselling high-end audio products; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-337-ITAT-2017(DEL)-TP
- Tax Payer : Bose Corporation India Pvt Ltd
ITAT: Excludes 11 comparables for benchmarking software development service; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-335-ITAT-2017(Bang)-TP
- Tax Payer : GT Nexus Software Pvt Ltd
ITAT: Applies margin under USA/Canada MAP to transactions with UK/Australia AEs; Follows JP-Morgan ruling
- In Favour of Assessee
- Citation Number : TS-333-ITAT-2017(Bang)-TP
- Tax Payer : CGI Information System and Management Consultants Pvt Ltd
ITAT: Excludes 3 companies applying ten times turnover filter; Follows McAfee ruling
- In Favour of Assessee
- Citation Number : TS-332-ITAT-2017(Bang)-TP
- Tax Payer : Aptean Software India P Ltd
ITAT: Corporate guarantee not international transaction; Follows Bharti/ Siro rulings absent contrary HC-decision
- In Favour of Both, Partially
- Citation Number : TS-331-ITAT-2017(HYD)-TP
- Tax Payer : Dr Reddy’s Laboratories Limited
ITAT:Corporate guarantee not international transaction prior to Sec 92B amendment, applies Siro Clinpharm ratio
- In Favour of Both, Partially
- Citation Number : TS-330-ITAT-2017(HYD)-TP
- Tax Payer : Rain Cements Ltd
ITAT: Excludes L&T, Persistent Systems as comparables for assessee rendering software R&D services
- In Favour of Both, Partially
- Citation Number : TS-326-ITAT-2017(HYD)-TP
- Tax Payer : Electronic Arts Games (India) Pvt Ltd