Updates ( 9073 results )
ITAT:Adopts profit before depreciation for computing PLI; Excludes super-profit, high turnover comparables
- In Favour of None/NA
- Citation Number : TS-153-ITAT-2014(PAN)-TP
- Tax Payer : Pentair Water India Pvt. Ltd.
ITAT:Deletes notional interest on AE receivable, considering no interest charged to non-AEs
- In Favour of None/NA
- Citation Number : TS-152-ITAT-2014(DEL)-TP
- Tax Payer : Bausch & Lomb Eyecare (India) Pvt. Ltd.
ITAT:Rejects consistently loss making comparable; Sale of assets indicate abnormal circumstances
- In Favour of Both, Partially
- Citation Number : TS-151-ITAT-2014(DEL)-TP
- Tax Payer : Verifone Sales India Pvt. Ltd.
ITAT:TPO to verify availability of indigenous goods for applying CUP
- In Favour of Assessee
- Citation Number : TS-149-ITAT-2014(DEL)-TP
- Tax Payer : Hero Honda Motors Ltd.
ITAT: No penalty on Merck's TP adjustments as additions deleted by ITAT
- In Favour of Assessee
- Citation Number : TS-147-ITAT-2014(Mum)-TP
- Tax Payer : Merck Ltd.
ITAT:Penalty can't survive when addition deleted; Nexus with amount of addition essential
- In Favour of Assessee
- Citation Number : TS-146-ITAT-2014(CHNY)-TP
- Tax Payer : Siva Ventures Ltd.
ITAT:Confirms Interest adjustment on outstanding receivable beyond 30 days
- In Favour of Both, Partially
- Citation Number : TS-145-ITAT-2014(DEL)-TP
- Tax Payer : Cheil India Pvt. Ltd.
ITAT:DRP's observation on broad similarity of comparable, mere guidance, not binding direction
- In Favour of Assessee
- Citation Number : TS-144-ITAT-2014(DEL)-TP
- Tax Payer : Steelcase Asia Pacific Holdings India Pvt. Ltd.
ITAT:Grants partial stay w.r.t investment advisory services, considering earlier year refunds
- In Favour of Assessee
- Citation Number : TS-143-ITAT-2014(Mum)-TP
- Tax Payer : Carlyle India Advisors Pvt. Ltd.
ITAT:Rejects Infosys & Wipro citing differences like size, brand value, diversified activities
- In Favour of Both, Partially
- Citation Number : TS-142-ITAT-2014(HYD)-TP
- Tax Payer : Sumtotal Systems India P. Ltd.
ITAT:Directs obtaining capacity utilisation details from comparables, if missing in public domain
- In Favour of Assessee
- Citation Number : TS-140-ITAT-2014(Mum)-TP
- Tax Payer : Kiara Jewellery P. Ltd.
ITAT: Atos India gets conditional stay on strength of possible working capital adjustment
- In Favour of Both, Partially
- Citation Number : TS-138-ITAT-2014(Mum)-TP
- Tax Payer : Atos India Pvt. Ltd.
ITAT:Considers CUP based on prices on contract date; Invoice date prices irrelevant
- In Favour of Assessee
- Citation Number : TS-136-ITAT-2014(Kol)-TP
- Tax Payer : Ambo Agro Products Ltd.
ITAT: Confirms DRP order treating PE as resident, earlier year ITAT order relied
- In Favour of Assessee
- Citation Number : TS-135-ITAT-2014(HYD)-TP
- Tax Payer : IJM (India) Infrastructure Ltd.
ITAT: Considers benchmarking of all STP units together; Follows earlier ITAT rulings
- In Favour of None/NA
- Citation Number : TS-134-ITAT-2014(DEL)-TP
- Tax Payer : Birla Soft India Ltd
HC: Quashes Revenue's appeal against Capgemini ITAT order allowing +/-5% variation
- In Favour of Assessee
- Citation Number : TS-131-HC-2014(BOM)-TP
- Tax Payer : Capgemini India Ltd
ITAT: Excludes Coral Hub, following assessee's own case over Deloitte Consulting ruling
- In Favour of Assessee
- Citation Number : TS-130-ITAT-2014(DEL)-TP
- Tax Payer : Techbooks International Pvt. Ltd.
ITAT: Admits additional ground on nullity of proceeding framed on non-existent entity
- In Favour of Assessee
- Citation Number : TS-129-ITAT-2014(DEL)-TP
- Tax Payer : Nokia Siemens Networks Private Limited
ITAT: Directs AO to follow DRP direction restricting adjustment to Group's consolidated profit
- In Favour of Assessee
- Citation Number : TS-128-ITAT-2014(HYD)-TP
- Tax Payer : Apollo Health Street
ITAT:Reiterates giant companies not comparable; Excludes Eclerx, Moldtek relying on SB ruling
- In Favour of Assessee
- Citation Number : TS-126-ITAT-2014(HYD)-TP
- Tax Payer : Knoah Solutions (P) Ltd.