Updates ( 9073 results )
ITAT: Cannot selectively exclude low turnover comparable - 'CG Vak', absent turnover filter application
- In Favour of Assessee
- Citation Number : TS-483-ITAT-2015(Mum)-TP
- Tax Payer : Ness Technologies (India) Pvt Ltd
ITAT: Excludes 2 functionally dissimilar companies to R&D provider assessee in Agro-chemical industry
- In Favour of Assessee
- Citation Number : TS-480-ITAT-2015(Bang)-TP
- Tax Payer : FMC India Pvt Ltd
ITAT: Excludes 11 out of 20 comparables chosen by TPO; Grants working-capital adjustment
- In Favour of Assessee
- Citation Number : TS-472-ITAT-2015(Bang)-TP
- Tax Payer : Apigee Technologies (India) Pvt Ltd
ITAT:Deletes TP-adjustment on machinery sale; Resultant transaction loss no reason to disregard CUP
- In Favour of Assessee
- Citation Number : TS-470-ITAT-2015(Mum)-TP
- Tax Payer : Perma Pipe India Pvt Ltd
ITAT:Allows RPM for consumer durables import transaction, remits issue following earlier order
- In Favour of Assessee
- Citation Number : TS-469-ITAT-2015(Bang)-TP
- Tax Payer : Sanyo India P Ltd
ITAT: Upholds CIT(A)’s exclusion of 2 comparables having different financial year ending
- In Favour of Assessee
- Citation Number : TS-468-ITAT-2015(Bang)-TP
- Tax Payer : Electronics for Imaging India P Ltd
ITAT: Insignificant 'other income' cannot affect operational margins of comparable; Directs inclusion
- In Favour of Assessee
- Citation Number : TS-466-ITAT-2015(Bang)-TP
- Tax Payer : ARM Embedded Technologies P. Ltd
ITAT: Motilal Oswal incomparable to assessee providing non-binding advisory services, follows Carlyle ruling
- In Favour of Assessee
- Citation Number : TS-465-ITAT-2015(Mum)-TP
- Tax Payer : Lehman Brothers Advisers Private Limited
ITAT:Excludes comparable; Functional dissimilarity, profit margin variation clearly demonstrated in current year
- In Favour of Assessee
- Citation Number : TS-464-ITAT-2015(Mum)-TP
- Tax Payer : NYK Line (India) Ltd
ITAT: Accepts LIBOR+2% as interest-rate benchmark & 0.5% as arm’s length corporate-guarantee rate
- In Favour of Assessee
- Citation Number : TS-463-ITAT-2015(Mum)-TP
- Tax Payer : Manugraph India Ltd
ITAT: Allows additional ground of excluding 14 comparables considering SB's Quark ruling
- In Favour of Assessee
- Citation Number : TS-462-ITAT-2015(Bang)-TP
- Tax Payer : Radisys India P Ltd
ITAT: Allows working capital adjustment for software services, negative / positive outcome irrelevant
- In Favour of Assessee
- Citation Number : TS-461-ITAT-2015(Bang)-TP
- Tax Payer : Software AG Bangalore Technologies Pvt Ltd
ITAT:Upholds TP adjustment deletion; Assessee's profit margin unchanged without export incentive adjustment
- In Favour of Assessee
- Citation Number : TS-460-ITAT-2015(LKW)-TP
- Tax Payer : Super House Ltd
ITAT: Rejects PLR as interest benchmark for AE-loan; Follows Tata-Autocomp as issue identical
- In Favour of Assessee
- Citation Number : TS-457-ITAT-2015(PUN)-TP
- Tax Payer : Varroc Engineering Pvt Ltd
ITAT:Reiterates AMP ‘functions’ to be mandatorily examined with comparables, follows Sony-HC ratio
- In Favour of Both, Partially
- Citation Number : TS-456-ITAT-2015(DEL)-TP
- Tax Payer : Nikon India (Pvt) Ltd
ITAT: Accepts internal TNMM for benchmarking software development services; Non-AE transactions functionally similar
- In Favour of Assessee
- Citation Number : TS-455-ITAT-2015(Bang)-TP
- Tax Payer : Valtech India Systems P Ltd
ITAT: No bar to object comparability at any stage of proceedings, follows Quark-ruling
- In Favour of Assessee
- Citation Number : TS-454-ITAT-2015(Bang)-TP
- Tax Payer : Open Silicon Research Private Ltd
ITAT:TPO can’t question necessity to pay commission; Deletes TP-adjustment determining Nil ALP
- In Favour of Assessee
- Citation Number : TS-452-ITAT-2015(PUN)-TP
- Tax Payer : Durovalves India Pvt Ltd
ITAT: Denies risk-adjustment claim based on assessee’s 'generalized submission' of low / no risk
- In Favour of Assessee
- Citation Number : TS-450-ITAT-2015(DEL)-TP
- Tax Payer : Stryker Global Technology Centre Pvt Ltd
ITAT: Directs DRP to pass speaking order on 25 comparables in IT/ITES segments
- In Favour of Assessee
- Citation Number : TS-449-ITAT-2015(DEL)-TP
- Tax Payer : Equant Solutions India Pvt Ltd