Updates ( 9073 results )
ITAT: Despite 66% demand payment, ITAT refuses complete stay absent demonstration of financial constraint
- In Favour of Assessee
- Citation Number : TS-393-ITAT-2014(Mum)-TP
- Tax Payer : B.P. India Services Private Limited
ITAT: Restricts TP adjustment qua purchases from AE; Follows Polartech India ITAT ruling
- In Favour of Assessee
- Citation Number : TS-391-ITAT-2014(Bang)-TP
- Tax Payer : Kirloskar Toyoda Textile Machinery Private Limited
ITAT: Rejects assessee's forex loss treatment as 'non-operating', restricts adjustment to AE losses
- In Favour of Both, Partially
- Citation Number : TS-390-ITAT-2014(HYD)-TP
- Tax Payer : Kenexa Technologies Pvt. Ltd.
ITAT: Deletes Castrol’s royalty payment adjustments but rejects SIA approval reliance
- In Favour of Assessee
- Citation Number : TS-387-ITAT-2014(Mum)-TP
- Tax Payer : Castrol India Limited
ITAT: Difference in nature of software services provided does not render company incomparable
- In Favour of Assessee
- Citation Number : TS-385-ITAT-2014(DEL)-TP
- Tax Payer : Element K India Private Ltd
ITAT: Upholds CUP method using foreign comparables for logistics industry, follows earlier orders
- In Favour of Assessee
- Citation Number : TS-384-ITAT-2014(Mum)-TP
- Tax Payer : Agility Logistics Private Ltd
ITAT: Rejects CIT(A)’s CUP using “controlled transactions” for benchmarking royalty; Upholds TNMM
- In Favour of Assessee
- Citation Number : TS-379-ITAT-2014(Ahd)-TP
- Tax Payer : FAG Bearings India Ltd
ITAT: Dismisses Miscellaneous Petition claiming +/-5% benefit; Assessee cannot question reasoned order
- In Favour of Revenue
- Citation Number : TS-378-ITAT-2014(Bang)-TP
- Tax Payer : Inteva Products India Automotive Pvt. Ltd.
ITAT: Upholds communication network company's transaction based benchmarking over TPO's entity level TNMM
- In Favour of Assessee
- Citation Number : TS-377-ITAT-2014(Mum)-TP
- Tax Payer : Tata Communications Transformation Services Limited
ITAT:RPM, though secondary method in TP study, more approriate for trading
- In Favour of Both, Partially
- Citation Number : TS-375-ITAT-2014(DEL)-TP
- Tax Payer : Luxottica India Eyewear P. Ltd.
ITAT: Denies stay absent demonstration of irreparable monetary hardship on demand recovery
- In Favour of Revenue
- Citation Number : TS-373-ITAT-2014(Bang)-TP
- Tax Payer : Genesis Integrating Systems (India) Pvt. Ltd.
ITAT: Allows Revenue’s MA, 5 variation not standard deduction; Sec 92C(2A) applicable retrospectively
- In Favour of Revenue
- Citation Number : TS-372-ITAT-2014(PUN)-TP
- Tax Payer : Amdocs Business Services Pvt. Ltd.
ITAT:Excludes previous/subsequent year expenses from margin computation
- In Favour of Assessee
- Citation Number : TS-371-ITAT-2014(DEL)-TP
- Tax Payer : EDAG Engineers & Design India Pvt Ltd
ITAT:Rejects segment data of assessee's comparable; Questions allocation, reconcilliation with audited accounts
- In Favour of Assessee
- Citation Number : TS-370-ITAT-2014(HYD)-TP
- Tax Payer : Knoah Solutions Pvt. Ltd
ITAT: Giant, full risk bearing companies not comparable to restricted service providers
- In Favour of Assessee
- Citation Number : TS-369-ITAT-2014(PUN)-TP
- Tax Payer : Behr India Limited
ITAT:RPM most appropriate to benchmark pure trader activities with no value addition
- In Favour of Assessee
- Citation Number : TS-368-ITAT-2014(Bang)-TP
- Tax Payer : Sanyo India Pvt. Ltd.
ITAT: Grants stay extension beyond 180 days, delay in appeal not attributable to assessee
- In Favour of Assessee
- Citation Number : TS-367-ITAT-2014(Mum)-TP
- Tax Payer : Tata Communications Ltd
ITAT: Information u/s 133(6) completely contradictory with annual report, rejects comparable following Motorola ruling
- In Favour of Assessee
- Citation Number : TS-366-ITAT-2014(DEL)-TP
- Tax Payer : Freescale Semiconductor India P.Ltd.
ITAT: Remits Infosys, Wipro for consideration of BPO division comparability after FAR analysis
- In Favour of Assessee
- Citation Number : TS-365-ITAT-2014(HYD)-TP
- Tax Payer : HSBC Electronic Data Processing India P. Ltd.
ITAT: CIT(A) swayed by TPO's TNMM application for later-AYs, remits for fresh adjudication
- In Favour of Both, Partially
- Citation Number : TS-364-ITAT-2014(DEL)-TP
- Tax Payer : Insilco Ltd.