Updates ( 9073 results )
ITAT: Upholds benchmarking based on LIBOR for interest on subsidiary lending
- In Favour of Assessee
- Citation Number : TS-218-ITAT-2013(CHNY)-TP
- Tax Payer : Siva Ventures Ltd.
ITAT:Follows earlier order; Rejects internal TNMM for benchmarking sourcing of spares
- In Favour of Assessee
- Citation Number : TS-217-ITAT-2013(PUN)-TP
- Tax Payer : Piaggio Vehicles Pvt. Ltd
ITAT: Use of single year data mandatory barring exceptional situations
- In Favour of Assessee
- Citation Number : TS-213-ITAT-2013(CHNY)-TP
- Tax Payer : Zenta Knowledge Servces Private Limited
ITAT:DRP must pass speaking order if request for withdrawal of objections denied
- In Favour of Assessee
- Citation Number : TS-208-ITAT-2013(Mum)-TP
- Tax Payer : Truetzschler India Pvt. Ltd
ITAT:Deletes TP addition for freight receipts/expenses relying on earlier orders
- In Favour of Assessee
- Citation Number : TS-207-ITAT-2013(Mum)-TP
- Tax Payer : Agility Logistics Private Limited
ITAT:Restricts TP adjustment to value of international transactions, not entire turnover
- In Favour of Assessee
- Citation Number : TS-205-ITAT-2013(Mum)-TP
- Tax Payer : Alstom Projects India Ltd.
ITAT:DRP to analyse functional comparability; Assessee's mistake no basis for imposing non-comparables
- In Favour of Assessee
- Citation Number : TS-203-ITAT-2013(CHNY)-TP
- Tax Payer : William Hare (India) Pvt. Ltd
ITAT: 5% safe harbour benefit only a tolerance range, not a standard deduction
- In Favour of Revenue
- Citation Number : TS-202-ITAT-2013(Mum)-TP
- Tax Payer : Vershraj Export Pvt. Ltd.
ITAT: Assessee exporting on AE's behalf held as 'non-manufacturing exporter'
- In Favour of Both, Partially
- Citation Number : TS-200-ITAT-2013(Mum)-TP
- Tax Payer : Glenmark Exports Ltd
ITAT:Rejects capacity utilisation adjustment for jewellery manufacturer absent comparables details
- In Favour of Both, Partially
- Citation Number : TS-199-ITAT-2013(Mum)-TP
- Tax Payer : Royal Star Jewellery Private Ltd.
ITAT: Assessee accepted as tested party as being less complex than AE
- In Favour of Both, Partially
- Citation Number : TS-198-ITAT-2013(Ahd)-TP
- Tax Payer : Missionpharma Logistice (India) Pvt Ltd.
ITAT: TP addition deleted as transaction price within +/-5% of TPO's ALP
- In Favour of Assessee
- Citation Number : TS-196-ITAT-2013(Mum)-TP
- Tax Payer : Mettler Toledo (India) Pvt Ltd
ITAT: 28% margin comparable can't fall in super-profit category; 50-100% margin required
- In Favour of Both, Partially
- Citation Number : TS-195-ITAT-2013(Mum)-TP
- Tax Payer : Syscom Corporation Ltd.
ITAT:No profit attribution to NR shipping Co, when DAPE remunerated at ALP
- In Favour of Assessee
- Citation Number : TS-194-ITAT-2013(DEL)-TP
- Tax Payer : ANL Singapore Pvt. Ltd
ITAT: Accepts 1Cr lower limit for turnover filter, while rejecting upper limit
- In Favour of Assessee
- Citation Number : TS-193-ITAT-2013(DEL)-TP
- Tax Payer : Navisite India Pvt. Ltd.
ITAT:DRP directed to consider assessee's contentions regarding comparables
- In Favour of Both, Partially
- Citation Number : TS-192-ITAT-2013(DEL)-TP
- Tax Payer : Genpact Mobility Services (India) Pvt. Ltd.
ITAT:Restricts TP addition to international transactions; Confirms CIT(A) order deleting concealment penalty
- In Favour of Assessee
- Citation Number : TS-191-ITAT-2013(DEL)-TP
- Tax Payer : Invensys India Pvt. Ltd.
ITAT:Royalty payment by Lumax at arm's length; Earlier ruling followed
- In Favour of Assessee
- Citation Number : TS-190-ITAT-2013(DEL)-TP
- Tax Payer : Lumax Industries Ltd.
ITAT:DRP's decision mechanical & cryptic; restored to DRP with direction for reasoned order
- In Favour of Assessee
- Citation Number : TS-188-ITAT-2013(HYD)-TP
- Tax Payer : OCV Reinforcements Manufacturing Pvt. Ltd.
ITAT: Greater mark-up for TV software justified, compared to export of Film rights
- In Favour of Assessee
- Citation Number : TS-186-ITAT-2013(DEL)-TP
- Tax Payer : Sahara India Mass Communication Ltd.