Updates ( 9073 results )
ITAT: Excludes 14 functionally dissimilar comparables for software development service provider; Follows precedents
- In Favour of Assessee
- Citation Number : TS-165-ITAT-2016(Bang)-TP
- Tax Payer : NMS Communications Private Limited
ITAT: Excludes 3 comparables; Revenue’s earlier year HC-appeal not assailing same comparables exclusion
- In Favour of Assessee
- Citation Number : TS-164-ITAT-2016(DEL)-TP
- Tax Payer : Microsoft Corporation Inida Pvt Ltd
ITAT: Motilal Oswal incomparable with pure investment advisory service provider, follows coordinate-bench Carlyle ruling
- In Favour of Assessee
- Citation Number : TS-163-ITAT-2016(Mum)-TP
- Tax Payer : Sandstone Capital Advisors Pvt Ltd
ITAT:Holds forex fluctuation gain as part of operating revenue; Follows Trilogy ruling
- In Favour of Assessee
- Citation Number : TS-162-ITAT-2016(Bang)-TP
- Tax Payer : Visa Consolidated Support & Services
ITAT: Excludes 5 comparables for ITES-provider citing reasons like functional dissimilarity, KPO-services
- In Favour of Assessee
- Citation Number : TS-161-ITAT-2016(PUN)-TP
- Tax Payer : Cummins Turbo Technologies Limited
ITAT: Accepts assessee's additional ground of excluding 2 comparables though included in TP-study
- In Favour of Assessee
- Citation Number : TS-158-ITAT-2016(Bang)-TP
- Tax Payer : Telelogic India Pvt Ltd
ITAT: Vishal Information, an intermediary, not ITeS-provider in its own right; Directs exclusion
- In Favour of Assessee
- Citation Number : TS-155-ITAT-2016(Mum)-TP
- Tax Payer : Nomura Structured Finance Services Pvt Ltd
ITAT: Grants stay; Loss set-off claim valid as earlier-year TP-issue decided in assessee’s favour
- In Favour of Assessee
- Citation Number : TS-142-ITAT-2016(Mum)-TP
- Tax Payer : Cable and Wireless (India) Limited
ITAT: Rejects TPO’s ‘Nil’ ALP-determination for intra-group services absent verification; Applies Cushman & Wakefield ratio
- In Favour of Both, Partially
- Citation Number : TS-135-ITAT-2016(Bang)-TP
- Tax Payer : SKF Technologies (India) Pvt Ltd
ITAT: Upholds RPM for benchmarking transactions in trading-segment; Considers TPO’s acceptance in subsequent year
- In Favour of Assessee
- Citation Number : TS-132-ITAT-2016(DEL)-TP
- Tax Payer : Delta Power Solution India P Ltd
ITAT: Fraud allegation against group-company doesn’t render Maple e Solution incomparable; Follows Wills-Processing ruling
- In Favour of Both, Partially
- Citation Number : TS-131-ITAT-2016(Bang)-TP
- Tax Payer : Akamai Technologies India Pvt. Ltd
ITAT: Upholds Mold-Tek’s exclusion; Compounded 147% growth rate indicative of consistently abnormal profits
- In Favour of Assessee
- Citation Number : TS-129-ITAT-2016(DEL)-TP
- Tax Payer : Transcent MT Services Pvt Ltd
ITAT: Mere revenue classification as ‘advisory fees’ cannot justify functional comparability; Excludes ‘Motilal Oswal’
- In Favour of Assessee
- Citation Number : TS-125-ITAT-2016(Mum)-TP
- Tax Payer : Blackstone Advisors India P Ltd
ITAT: Refuses to deviate from comparables accepted in other years for contract-R&D benchmarking
- In Favour of Assessee
- Citation Number : TS-124-ITAT-2016(PUN)-TP
- Tax Payer : Halliburton Technology India Pvt Ltd
ITAT: Admits certified segmental profitability statement as additional evidence; Remits matter to CIT(A)
- In Favour of Both, Partially
- Citation Number : TS-123-ITAT-2016(DEL)-TP
- Tax Payer : RMSI Pvt Ltd
ITAT: Allows Revenue’s miscellaneous petition against ITAT decision, risk adjustment already considered by TPO
- In Favour of Revenue
- Citation Number : TS-120-ITAT-2016(Bang)-TP
- Tax Payer : Open Silicon Research P Ltd
ITAT:Upholds DRP’s order treating freight subsidy as operating-revenue and allowing working-capital adjustment
- In Favour of Assessee
- Citation Number : TS-118-ITAT-2016(Bang)-TP
- Tax Payer : Indo Spanish Tasty Foods Pvt Ltd
ITAT:Remits to CIT(A) ALP-determination of purchase of goods & catalogues from AE
- In Favour of Both, Partially
- Citation Number : TS-116-ITAT-2016(DEL)-TP
- Tax Payer : RS Components & Controls Ltd
ITAT: Only current year data relevant for comparability analysis under Rule 10B(4); Remits issue
- In Favour of Both, Partially
- Citation Number : TS-113-ITAT-2016(Mum)-TP
- Tax Payer : i 2 Technologies India Pvt. Ltd
ITAT: Excludes 5 comparables for electronic publishing service provider, restores 3 companies’ comparability
- In Favour of Both, Partially
- Citation Number : TS-112-ITAT-2016(DEL)-TP
- Tax Payer : Techbooks Electronics Services P Ltd