Updates ( 9073 results )
ITAT: Rejects TPO's interpretation of 'net sales' for calculating royalty, follows earlier order
- In Favour of Both, Partially
- Citation Number : TS-286-ITAT-2014(PUN)-TP
- Tax Payer : Akzo Nobel Chemicals (India) Ltd.
ITAT: Directs CIT(A) to re-adjudicate TP adjustment on transactions not covered under MAP
- In Favour of Assessee
- Citation Number : TS-285-ITAT-2014(HYD)-TP
- Tax Payer : Virtusa (India) Pvt. Ltd.
ITAT: Stays Goldman Sachs' demand; TPO's comparable with 200+% margin prima facie abnormal
- In Favour of Assessee
- Citation Number : TS-283-ITAT-2014(Mum)-TP
- Tax Payer : Goldman Sachs Services P. Ltd.
ITAT:Grants conditional stay to Nortel for support service transaction TP adjustment
- In Favour of None/NA
- Citation Number : TS-280-ITAT-2014(DEL)-TP
- Tax Payer : Nortel Networks India Pvt. Ltd.
ITAT:Dismisses appeal as infructuous, TP adjustment deleted post TPO's rectification proceedings
- In Favour of Assessee
- Citation Number : TS-279-ITAT-2014(DEL)-TP
- Tax Payer : Eli Lilly & Co. (India) Pvt. Ltd.
ITAT: Upholds aggregation of sales transactions to AE, deletes TP addition
- In Favour of Assessee
- Citation Number : TS-278-ITAT-2014(Mum)-TP
- Tax Payer : Essar Steel Ltd.
ITAT:Internal TNMM preferred over external TNMM; Follows earlier Tribunal ruling
- In Favour of Assessee
- Citation Number : TS-277-ITAT-2014(DEL)-TP
- Tax Payer : Destination of the World (I) Pvt. Ltd.
ITAT: Advances for services to be included in working capital computation
- In Favour of Assessee
- Citation Number : TS-276-ITAT-2014(Bang)-TP
- Tax Payer : EMC Data Storage Systems (India) Pvt. Ltd.
ITAT: Grants partial stay to Principal Global Services absent favourable balance of convenience
- In Favour of Both, Partially
- Citation Number : TS-275-ITAT-2014(PUN)-TP
- Tax Payer : Principal Global Services Pvt. Ltd.
ITAT: Assessee's import not 'arranged transaction'; Pre-2002 Sec 92 not attracted
- In Favour of Assessee
- Citation Number : TS-274-ITAT-2014(Mum)-TP
- Tax Payer : Aventis Pharma Limited
ITAT: High-end services involving specialized knowledge not comparable to low-end ITES services
- In Favour of Assessee
- Citation Number : TS-272-ITAT-2014(Bang)-TP
- Tax Payer : Logica Pvt. Ltd.
ITAT: Comparables rejected due to functional dissimilarity, turnover > Rs. 200 crores; Trilogy ruling followed
- In Favour of Both, Partially
- Citation Number : TS-270-ITAT-2014(Bang)-TP
- Tax Payer : Huawei Technologies (I) P. Ltd.
ITAT: Internal CUP preferred over external TNMM for software services
- In Favour of Assessee
- Citation Number : TS-269-ITAT-2014(DEL)-TP
- Tax Payer : Hughes Systique India Pvt. Ltd.
ITAT: TPO's order to file ‘voluminous’ details within 4 days violates natural justice
- In Favour of Assessee
- Citation Number : TS-268-ITAT-2014(DEL)-TP
- Tax Payer : Bombardier Transportation India Ltd.
ITAT: Directs separate ALP determination of royalty payments despite entity level margin
- In Favour of Revenue
- Citation Number : TS-267-ITAT-2014(Bang)-TP
- Tax Payer : Toyota Kirloskar Motor P. Ltd.
ITAT:Accepts LIBOR plus interest rate on loans advanced to US based AEs
- In Favour of Both, Partially
- Citation Number : TS-266-ITAT-2014(Mum)-TP
- Tax Payer : Tricom India Ltd.
ITAT: Accepts 105% range computation w.r.t. to international transaction value, deletes TP adjustment
- In Favour of Both, Partially
- Citation Number : TS-265-ITAT-2014(Bang)-TP
- Tax Payer : AT&T Global Business Services India P. Ltd.
ITAT:Admits additional evidence justifying corporate charge payments; Restores matter for re-consideration
- In Favour of Assessee
- Citation Number : TS-259-ITAT-2014(DEL)-TP
- Tax Payer : Contitech India Pvt. Ltd.
ITAT:Sub-lease arrangement between related parties genuine sans difference between 'professed' & 'real' intention
- In Favour of None/NA
- Citation Number : TS-258-ITAT-2014(Bang)-TP
- Tax Payer : Davanam Jewellers Pvt. Ltd.
ITAT: Excludes Helios failing turnover filter of 200 crores & KALS being software developer
- In Favour of Assessee
- Citation Number : TS-257-ITAT-2014(PUN)-TP
- Tax Payer : Bitwise Solutions Pvt. Ltd.