Updates ( 9073 results )
ITAT: Remits business support services transaction to AO, follows earlier order
- In Favour of Assessee
- Citation Number : TS-255-ITAT-2016(Mum)-TP
- Tax Payer : Hapag-Lloyd India Private Limited
ITAT: Deletes TP-additions, AMP expenses incurred to promote own business, not benefit AEs
- In Favour of Assessee
- Citation Number : TS-254-ITAT-2016(Mum)-TP
- Tax Payer : Diageo India Private Limited
ITAT: Reverses CIT(A)'s TP-adjustment deletion as transaction value beyond 5% range; Follows IHG-ruling
- In Favour of Assessee
- Citation Number : TS-253-ITAT-2016(Mum)-TP
- Tax Payer : Edward Lifesciences Pvt Ltd
ITAT: Rejects assessee's classification as business support service-provider considering earlier-year classification as ITeS-provider
- In Favour of Both, Partially
- Citation Number : TS-252-ITAT-2016(Mum)-TP
- Tax Payer : VFS Global Services Pvt Ltd
ITAT: Abnormal growth no ground to exclude comparable if functionally similar
- In Favour of Assessee
- Citation Number : TS-250-ITAT-2016(DEL)-TP
- Tax Payer : COWI India Pvt Ltd
ITAT: Remits 3 high turnover comparables, relies on HC decisions in Chryscapital, Rampgreen
- In Favour of Both, Partially
- Citation Number : TS-249-ITAT-2016(DEL)-TP
- Tax Payer : Sopra India Pvt Ltd
ITAT:Share-application money, not ‘international transaction’; Disclosure as loan in subsidiary's books irrelevant
- In Favour of Assessee
- Citation Number : TS-246-ITAT-2016(HYD)-TP
- Tax Payer : KAR Therapeutics & Estates Pvt Ltd
ITAT: Rules on comparables selection for assessee's ‘application engineered software development’ services
- In Favour of Assessee
- Citation Number : TS-244-ITAT-2016(DEL)-TP
- Tax Payer : Emerson Process Management Power & Water Solutions India Pvt Ltd
ITAT: Excludes functionally dissimilar KPO companies for software development / ITES provider; Follows precedents
- In Favour of Assessee
- Citation Number : TS-241-ITAT-2016(PUN)-TP
- Tax Payer : Principal Global Services Private Limited
ITAT: Directs CIT(A) to pass speaking-order on comparables selection without restoring matter to AO/TPO
- In Favour of Assessee
- Citation Number : TS-240-ITAT-2016(Bang)-TP
- Tax Payer : Freescale Software India Pvt Ltd
ITAT:Rejects management charge disallowance based on revenues, TPO must apply suitable method
- In Favour of Assessee
- Citation Number : TS-239-ITAT-2016(CHNY)-TP
- Tax Payer : M/s AB Mauri India Pvt Ltd
ITAT: Deletes AMP-adjustment and remits royalty TP-issue to AO, follows own orders
- In Favour of Assessee
- Citation Number : TS-238-ITAT-2016(DEL)-TP
- Tax Payer : Honda Siel Power Product Ltd
ITAT: Remits AMP-issue, rejects DRP's refusal to apply Maruti ruling to assessee-distributor
- In Favour of Assessee
- Citation Number : TS-237-ITAT-2016(DEL)-TP
- Tax Payer : Fujifilm India Pvt Ltd
ITAT:Alphageo functionally different to assessee providing Research & Technical services; Directs exclusion
- In Favour of Assessee
- Citation Number : TS-233-ITAT-2016(Mum)-TP
- Tax Payer : Syngenta Biosciences Private Limited
ITAT:Deletes TP adjustment; TPO/DRP erred in computing comparables' margin
- In Favour of Assessee
- Citation Number : TS-232-ITAT-2016(Mum)-TP
- Tax Payer : PPG Coatings India Private Limited
ITAT: Excludes 9 functionally different comparables for software development service provider
- In Favour of Assessee
- Citation Number : TS-231-ITAT-2016(HYD)-TP
- Tax Payer : United Online Software Development (India) Pvt Ltd
ITAT: Allows working capital adjustment considering DRP’s directions for subsequent AY
- In Favour of Assessee
- Citation Number : TS-230-ITAT-2016(DEL)-TP
- Tax Payer : Tata McGraw Hill Education
ITAT: Excludes 3 comparables having abnormal turnover; Relies on co-ordinate bench rulings
- In Favour of Assessee
- Citation Number : TS-229-ITAT-2016(HYD)-TP
- Tax Payer : United States Pharmacopeia India Pvt Ltd
ITAT: Adopts 0.5% ALP commission rate for corporate guarantee; Follows Everest Kento HC ruling
- In Favour of Assessee
- Citation Number : TS-227-ITAT-2016(Mum)-TP
- Tax Payer : Thomas Cook (India) Limited
ITAT: Upholds nearest-date approach for benchmarking import transactions under CUP; Deletes TP adjustments
- In Favour of Assessee
- Citation Number : TS-225-ITAT-2016(Mum)-TP
- Tax Payer : Petrochem Middle East India Pvt Ltd