Updates ( 9062 results )
HC: Dismisses Revenue’s appeal in Sumitomo’s case, directs TPO to follow earlier order directions
- In Favour of Assessee
- Citation Number : TS-882-HC-2016(DEL)-TP
- Tax Payer : Sumitomo Corporation India Pvt Ltd
ITAT: Adopts 10 times turnover filter rejecting Rs. 1-200 Cr range; Excludes comparables following precedents
- In Favour of Assessee
- Citation Number : TS-881-ITAT-2016(Bang)-TP
- Tax Payer : Microchip Technology India Pvt Ltd
ITAT: Dismisses cross appeals as TP-issue resolved under MAP proceedings
- In Favour of Both, Partially
- Citation Number : TS-880-ITAT-2016(Bang)-TP
- Tax Payer : Northern Operating Services Pvt Ltd
ITAT:Considers export incentive, duty drawback & forex gains as operational income under TNMM
- In Favour of Assessee
- Citation Number : TS-879-ITAT-2016(CHNY)-TP
- Tax Payer : Greenland Exports Pvt Ltd
ITAT:Grants conditional stay; Notes needs for verification of working-capital adjustment
- In Favour of Both, Partially
- Citation Number : TS-878-ITAT-2016(CHNY)-TP
- Tax Payer : Foxteq Services India Pvt Ltd
ITAT:Upholds guarantee adjustment deletion, follows Redington India ruling over Everest Kanto decision
- In Favour of Assessee
- Citation Number : TS-877-ITAT-2016(CHNY)-TP
- Tax Payer : Aban Offshore Ltd
HC: Upholds ITAT’s exclusion of Infosys, Persistent & forex fluctuation treatment as operating
- In Favour of Assessee
- Citation Number : TS-876-HC-2016(DEL)-TP
- Tax Payer : Fiserv India P Ltd
ITAT:Allows assessee’s miscellaneous petition; Recalls Tribunal order for deciding un-adjudicated grounds
- In Favour of Assessee
- Citation Number : TS-874-ITAT-2016(Bang)-TP
- Tax Payer : NTT DATA Global Delivery Services Ltd.
ITAT: Excludes comparables in case of software development service provider; Follows McAfee ruling
- In Favour of Assessee
- Citation Number : TS-873-ITAT-2016(Bang)-TP
- Tax Payer : Syncchronoss Technologies (1) Pvt. Ltd.
ITAT: Remits corporate guarantee ALP-determination to follow earlier order directions
- In Favour of Both, Partially
- Citation Number : TS-872-ITAT-2016(HYD)-TP
- Tax Payer : Sutherland Healthcare Solutions Private Ltd
ITAT:Excludes Infosys BPO and TCS e-Serve for software developer; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-871-ITAT-2016(HYD)-TP
- Tax Payer : I Space Global Services (India) Pvt Ltd
HC: Dismisses Revenue’s appeal on guarantee commission, identical issue accepted in earlier years
- In Favour of Assessee
- Citation Number : TS-868-HC-2016(BOM)-TP
- Tax Payer : Asian Paints (India) Ltd
SC: Admits Revenue’s appeal against Haier Appliances HC-decision on AMP-issue; Tags with Reebok case
- In Favour of Revenue
- Citation Number : TS-867-SC-2016-TP
- Tax Payer : Haier Appliances India Pvt Ltd
ITAT:Remits ALP-determination for outstanding AE-receivables international transaction; Follows Tally ruling
- In Favour of Both, Partially
- Citation Number : TS-865-ITAT-2016(Bang)-TP
- Tax Payer : Lotus Labs Pvt Ltd
ITAT: Excludes functionally dissimilar, high turnover companies for software developer; Follows precedents
- In Favour of Assessee
- Citation Number : TS-864-ITAT-2016(Bang)-TP
- Tax Payer : JDA Software India Pvt
ITAT: Excludes 16 comparables for software development service provider, follows Hewlett-Packard ITAT ruling
- In Favour of Assessee
- Citation Number : TS-863-ITAT-2016(Bang)-TP
- Tax Payer : Infineon Technologies India Pvt Ltd
ITAT:International transactions alone to be considered for PLI-calculation; Follows Tej-Diam ruling
- In Favour of Both, Partially
- Citation Number : TS-862-ITAT-2016(CHNY)-TP
- Tax Payer : India Pistons Ltd
ITAT: Excludes 8 comparables for software developer assessee, relies upon McAfee ruling
- In Favour of Both, Partially
- Citation Number : TS-861-ITAT-2016(Bang)-TP
- Tax Payer : e4e Tech Support India Pvt Ltd
ITAT: Excludes 12 functionally dissimilar comparables; Excess provision write back part of operating-margin
- In Favour of Assessee
- Citation Number : TS-860-ITAT-2016(Bang)-TP
- Tax Payer : CGI Information Systems and Management Consultants Pvt Ltd
ITAT: Excludes reimbursements for computing operating margin; Upholds interest adjustment on outstanding receivables
- In Favour of Both, Partially
- Citation Number : TS-858-ITAT-2016(DEL)-TP
- Tax Payer : CPA Global Services P Ltd