Updates ( 9062 results )
ITAT: Diminishing revenue-filter based on current-year data inappropriate,“trends over time” relevant
- In Favour of Both, Partially
- Citation Number : TS-735-ITAT-2016(Bang)-TP
- Tax Payer : Netapp Ind Pvt Ltd
ITAT: Remits entire TP issue to CIT(A) for passing speaking & reasoned order
- In Favour of Both, Partially
- Citation Number : TS-734-ITAT-2016(Bang)-TP
- Tax Payer : Bosch Limited
ITAT:DRP, being fact-finding authority, duty bound to deal with all objections on comparables selection
- In Favour of Assessee
- Citation Number : TS-733-ITAT-2016(CHNY)-TP
- Tax Payer : Foxteq Services India Pvt Ltd
ITAT: Can’t exclude comparable for mere fraud allegation; Treats forex-fluctuation gain as operating income
- In Favour of Both, Partially
- Citation Number : TS-730-ITAT-2016(Bang)-TP
- Tax Payer : Akamai Technologies India Pvt Ltd
ITAT:Directs DRP to consider revised return of income filed within stipulated period
- In Favour of Assessee
- Citation Number : TS-728-ITAT-2016(CHNY)-TP
- Tax Payer : BorgWarner Morse TEC India Private Limited
HC:Confirms ITAT, restricts TP-adjustment to AE-transactions, Tara Jewellers & Thyssen Krupp decisions followed
- In Favour of Assessee
- Citation Number : TS-727-HC-2016(BOM)-TP
- Tax Payer : Lanxess India Pvt Ltd
ITAT:Allows Revenue’s appeal on comparability criteria and dismisses assessee’s cross-objection as not-pressed
- In Favour of Revenue
- Citation Number : TS-726-ITAT-2016(Bang)-TP
- Tax Payer : Siri Technologies Pvt Ltd
ITAT: Excludes 2 comparables for software-developer on functional dissimilarity ground, applying 15% RPT-filter
- In Favour of Assessee
- Citation Number : TS-725-ITAT-2016(Bang)-TP
- Tax Payer : Microchip Technology (India) Pvt Ltd
ITAT: Excludes comparable having low (23) revenue from ITeS
- In Favour of Both, Partially
- Citation Number : TS-723-ITAT-2016(Bang)-TP
- Tax Payer : Interwoven Software Services (India.) Pvt Ltd
ITAT:Remits comparables selection for de-novo adjudication absent DRP's consideration of facts / issues
- In Favour of Both, Partially
- Citation Number : TS-722-ITAT-2016(Bang)-TP
- Tax Payer : Component Specialty (India) Pvt Ltd
ITAT: Rejects application of Rs 1-200cr turnover filter, rejects CIT(A)'s exclusion of 7 comparables
- In Favour of Revenue
- Citation Number : TS-721-ITAT-2016(Bang)-TP
- Tax Payer : Vmoksha Technologies Pvt Ltd
ITAT: Excludes Aptico and TSR Darashaw as functionally dissimilar to marketing support service
- In Favour of Both, Partially
- Citation Number : TS-720-ITAT-2016(DEL)-TP
- Tax Payer : Adobe Systems India Pvt Ltd
ITAT: Deletes TP-adjustment towards interest on AE-receivable, relies upon Pegasystems Worldwide ruling
- In Favour of Assessee
- Citation Number : TS-719-ITAT-2016(HYD)-TP
- Tax Payer : Excellence Data Research Pvt Ltd
ITAT: Deletes TP-adjustment allowing aggregation of intra-group services under TNMM; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-713-ITAT-2016(DEL)-TP
- Tax Payer : Avery Dennison (India) Pvt Ltd
ITAT: Remits AMP-expenses issue for examining functions of comparables, follows Sony Ericsson HC-ruling
- In Favour of Assessee
- Citation Number : TS-712-ITAT-2016(DEL)-TP
- Tax Payer : Haier Appliances India Ltd
ITAT:Dismisses Revenue’s appeal challenging DRP’s grant of 1 risk adjustment
- In Favour of Assessee
- Citation Number : TS-711-ITAT-2016(Bang)-TP
- Tax Payer : LM Wind Power
ITAT: Rejects share-application money recharacterization as subsidiary loan, deletes adjustment towards interest
- In Favour of Assessee
- Citation Number : TS-710-ITAT-2016(Mum)-TP
- Tax Payer : Aditya Birla Minacs Worldwide Limited
ITAT:Refuses Transgene-Biotek's exclusion absent strong reasons, notes earlier year inclusion
- In Favour of Both, Partially
- Citation Number : TS-709-ITAT-2016(Mum)-TP
- Tax Payer : Tevapharm India Pvt Ltd
ITAT:Domestic sale-price inappropriate CUP absent consideration of qualitative factors; Upholds penalty deletion
- In Favour of Assessee
- Citation Number : TS-708-ITAT-2016(Mum)-TP
- Tax Payer : Castrol India Limited
ITAT: Admits AE’s Dec-ending annual accounts as additional evidence; Excludes functionally dissimilar comparables
- In Favour of Assessee
- Citation Number : TS-706-ITAT-2016(DEL)-TP
- Tax Payer : Omniglobe Information Technologies India Pvt Ltd