Updates ( 9054 results )
ITAT: Remands TP-issues to DRP for fresh adjudication, cites lack of proper reason
- In Favour of Both, Partially
- Citation Number : TS-137-ITAT-2017(Bang)-TP
- Tax Payer : ABB Global Industries & Services Ltd
ITAT: Allows assessee’s miscellaneous petition, makes 3 corrections in ITAT order dated 26.8.2016
- In Favour of Assessee
- Citation Number : TS-136-ITAT-2017(Bang)-TP
- Tax Payer : Interwoven Software Services Ind Pvt Ltd
ITAT: CIT(A) not empowered to restore matter; Remits entire TP-issue for fresh decision
- In Favour of Both, Partially
- Citation Number : TS-134-ITAT-2017(Bang)-TP
- Tax Payer : AOL Online India Pvt Ltd
ITAT: Allows assessee’s miscellaneous petition; Excludes 10 functionally dissimilar comparables
- In Favour of Assessee
- Citation Number : TS-133-ITAT-2017(Bang)-TP
- Tax Payer : Open-Silicon Research Pvt Ltd
ITAT: Excludes 3 comparables for a pharma company on grounds of functional dissimilarity
- In Favour of Assessee
- Citation Number : TS-132-ITAT-2017(Bang)-TP
- Tax Payer : Apotex Research Private Ltd
ITAT: Rejects TPO's benchmarking of AE-loans considering ‘net margin on borrowing costs’
- In Favour of Both, Partially
- Citation Number : TS-131-ITAT-2017(Mum)-TP
- Tax Payer : Geodesic Limited
HC:Dismisses Revenue’s plea to proportionately disallow technical knowhow fees, follows earlier order
- In Favour of Assessee
- Citation Number : TS-130-HC-2017(BOM)-TP
- Tax Payer : Merck Ltd
ITAT: Excludes ‘Infosys BPO’ having Rs. 850 Cr turnover and ‘Cosmic Global’ citing outsourcing activity for ITeS-provider
- In Favour of Assessee
- Citation Number : TS-129-ITAT-2017(CHNY)-TP
- Tax Payer : Visual Graphics Computing Services India Pvt Ltd
ITAT: Remits TP-issue relating to interest-free loan provided to AE, follows earlier order
- In Favour of Both, Partially
- Citation Number : TS-126-ITAT-2017(Bang)-TP
- Tax Payer : Wipro Limited
ITAT: ‘Contract termination fee’ operating in nature for taxpayer rendering software development services
- In Favour of Assessee
- Citation Number : TS-125-ITAT-2017(HYD)-TP
- Tax Payer : Invensys Development Centre India Pvt Ltd
ITAT: Excludes comparables citing functional differences, abnormal profits and extraordinary events; Remits risk-adjustment
- In Favour of Assessee
- Citation Number : TS-1094-ITAT-2016(PUN)-TP
- Tax Payer : Cummins Turbo Technologies Limited
ITAT: Directs TPO to consider turnover-filter in selecting comparables, remits issue for re-consideration
- In Favour of Both, Partially
- Citation Number : TS-123-ITAT-2017(CHNY)-TP
- Tax Payer : Venture Power Systems India Pvt Ltd
ITAT: Recognizes need for capacity under-utilization adjustment due to labour unrest; Remits issue
- In Favour of Assessee
- Citation Number : TS-122-ITAT-2017(CHNY)-TP
- Tax Payer : Bailey Hydropower P Ltd
ITAT:Grants adjustment toward risk & 'replacement' business-segment of comparable, remits computation to TPO
- In Favour of Both, Partially
- Citation Number : TS-120-ITAT-2017(CHNY)-TP
- Tax Payer : Infac India P Ltd
ITAT: Excludes comparables due to functional dissimilarity, grants working capital adjustment
- In Favour of Assessee
- Citation Number : TS-119-ITAT-2017(DEL)-TP
- Tax Payer : St Ericsson India Private Limited
ITAT:Upholds RPM for benchmarking resale of finished goods at Delhi Airport
- In Favour of Assessee
- Citation Number : TS-118-ITAT-2017(Mum)-TP
- Tax Payer : Airport Retail P Ltd
ITAT:5 benefit allowable for transactions of authorized forex dealer, follows earlier order
- In Favour of Assessee
- Citation Number : TS-116-ITAT-2017(Bang)-TP
- Tax Payer : UAE Exchange and Financial Services Ltd
ITAT: Excludes comparables following different accounting year; Adopts 0.5% rate for benchmarking corporate-guarantee
- In Favour of Assessee
- Citation Number : TS-114-ITAT-2017(PUN)-TP
- Tax Payer : Endurance Systems India Pvt Ltd
ITAT:Admits assessee's letter to SBI as additional evidence for ALP-determination of AE-loan
- In Favour of Both, Partially
- Citation Number : TS-113-ITAT-2017(Ahd)-TP
- Tax Payer : Rubamin Ltd
ITAT: Remits assessee’s “half-hearted” claim for treating order-cancellation loss as extraordinary under CPM
- In Favour of Both, Partially
- Citation Number : TS-1092-ITAT-2016(DEL)-TP
- Tax Payer : Cornell Overseas P Ltd