Updates ( 9073 results )
ITAT:Upholds TPO's power to select new comparables without first rejecting assessee's comparables
- In Favour of Assessee
- Citation Number : TS-126-ITAT-2013(Mum)-TP
- Tax Payer : Gartner India Research & Advisor Services P Ltd.
ITAT: Upholds ALP for license fee 3% of turnover; follows earlier ruling
- In Favour of Assessee
- Citation Number : TS-124-ITAT-2013(Mum)-TP
- Tax Payer : SGS India Pvt. Ltd
ITAT:DRP directed to pass speaking order; follows HC ruling in Vodafone Essar
- In Favour of Assessee
- Citation Number : TS-120-ITAT-2013(DEL)-TP
- Tax Payer : Dorling Kindersley India Pvt. Ltd.
ITAT:TPO to reconsider TP addition for notional interest; follows earlier ruling
- In Favour of Both, Partially
- Citation Number : TS-119-ITAT-2013(Mum)-TP
- Tax Payer : Cox & Kings Ltd.
ITAT:Treats Haworth as service provider & not distributor; follows rule of consistency
- In Favour of Assessee
- Citation Number : TS-118-ITAT-2013(PUN)-TP
- Tax Payer : Haworth (I) Pvt. Ltd.
ITAT: Follows earlier ruling, denies risk adjustment & 5% benefit
- In Favour of Both, Partially
- Citation Number : TS-117-ITAT-2013(Mum)-TP
- Tax Payer : General Atlantic Pvt. Ltd.
ITAT:Directs re-computation of ALP based on earlier ITAT order
- In Favour of Both, Partially
- Citation Number : TS-116-ITAT-2013(CHNY)-TP
- Tax Payer : Mainetti India Pvt. Ltd.
ITAT:Fresh material evidence demonstrating services to assessee referred to TPO for verification
- In Favour of None/NA
- Citation Number : TS-113-ITAT-2013(Mum)-TP
- Tax Payer : Hyva India Pvt. Ltd
ITAT:Adjustment to be computed with regard to international transactions, not entire sales
- In Favour of Assessee
- Citation Number : TS-110-ITAT-2013(Mum)-TP
- Tax Payer : Twinkle Diamonds
ITAT:TPO can't reject assessee's segmental profit working, without pointing errors
- In Favour of Assessee
- Citation Number : TS-109-ITAT-2013(CHNY)-TP
- Tax Payer : 3i Infotech Ltd.
ITAT:Accepts turnover filter; Foreign exchange gains/losses part of operating profits
- In Favour of Both, Partially
- Citation Number : TS-108-ITAT-2013(Bang)-TP
- Tax Payer : Mercedes Benz Research & Development India Pvt. Ltd.
HC:Upholds reopening of assessment to disallow support charges & fees paid to AE
- In Favour of Revenue
- Citation Number : TS-107-HC-2013(BOM)-TP
- Tax Payer : Rabo India Finance Ltd.
ITAT:Comparability of companies to be tested for each year separately and independently
- In Favour of Revenue
- Citation Number : TS-106-ITAT-2013(Mum)-TP
- Tax Payer : Advance Power Display Systems Ltd
ITAT: Excludes comparables applying turnover filter, functional dissimilarity; follows Trilogy
- In Favour of Both, Partially
- Citation Number : TS-105-ITAT-2013(Bang)-TP
- Tax Payer : Transwitch India Pvt. Ltd.
ITAT:Follows earlier rulings, TPO to compute ALP after verifying assessee's functional profile
- In Favour of Both, Partially
- Citation Number : TS-104-ITAT-2013(DEL)-TP
- Tax Payer : Bechtel India Pvt. Ltd.
ITAT: Giant companies having turnover multiple times higher than assessee's, not comparable
- In Favour of Assessee
- Citation Number : TS-102-ITAT-2013(HYD)-TP
- Tax Payer : Patni Telecom Solutions Pvt. Ltd.
ITAT:Directs re-computation of ALP in line with earlier Ascendas ruling
- In Favour of Assessee
- Citation Number : TS-100-ITAT-2013(CHNY)-TP
- Tax Payer : Ascendas (India) Pvt.Ltd.
ITAT:Raw materials 'foundation' of manufacturing, company using different raw materials not comparable
- In Favour of Assessee
- Citation Number : TS-90-ITAT-2013(Kol)-TP
- Tax Payer : Manaksia Limited
ITAT: Allows depreciation adjustment, upholds cash profit / operating cost as PLI
- In Favour of Assessee
- Citation Number : TS-89-ITAT-2013(Mum)-TP
- Tax Payer : Reuters India P. Ltd
ITAT: Follows earlier year order, TPO to determine ALP of royalty afresh
- In Favour of Both, Partially
- Citation Number : TS-88-ITAT-2013(Mum)-TP
- Tax Payer : Chiron Behring Vaccines Pvt. Ltd