Updates ( 8211 results )
ITAT: Remits TP adjustment qua sale of finished goods for fresh examination
Jun 05, 2023
- In Favour of Both, Partially
- Citation Number : TS-325-ITAT-2023(HYD)-TP
- Tax Payer : Auronext Pharma Private Limited
ITAT: Remits TP-adjustment qua linear agency services, fixes notional interest @6% on outstanding receivables
Jun 05, 2023
- In Favour of Both, Partially
- Citation Number : TS-326-ITAT-2023(HYD)-TP
- Tax Payer : Seaways Shipping and Logistics Ltd
ITAT: Imputes 0.5% fee on corporate & performance guarantees, prefers external TNMM for purchase/sale
Jun 05, 2023
- In Favour of Both, Partially
- Citation Number : TS-327-ITAT-2023(PUN)-TP
- Tax Payer : Bilcare Limited
ITAT: AMP expenses incurred are not ‘international transaction’; Follows earlier order
Jun 02, 2023
- In Favour of Assessee
- Citation Number : TS-322-ITAT-2023(DEL)-TP
- Tax Payer : Perfetti Van Melle India Pvt Ltd
ITAT: Remits TP-adjustment qua technical fees, annual license charges; Disallows adjustment u/s.37(1) pending reference to TPO
Jun 02, 2023
- In Favour of Both, Partially
- Citation Number : TS-323-ITAT-2023(Mum)-TP
- Tax Payer : Sulzer Pumps India Limited
ITAT: Excludes comparables under ITeS segment for segmental turnover below 1Cr, non-availability of information
Jun 02, 2023
- In Favour of Both, Partially
- Citation Number : TS-324-ITAT-2023(Bang)-TP
- Tax Payer : Software Paradigms Infotech Pvt Ltd
ITAT: Remits TP adjustment qua management fees, brand promotion fees and sales promotion expenses; Follows precedent
Jun 01, 2023
- In Favour of Both, Partially
- Citation Number : TS-315-ITAT-2023(Bang)-TP
- Tax Payer : United Brewries Ltd
ITAT: Deletes TP-adjustments qua royalty payment, distribution & SWD segments; Rules on comparables, follows earlier orders
Jun 01, 2023
- In Favour of Both, Partially
- Citation Number : TS-320-ITAT-2023(Bang)-TP
- Tax Payer : Wipro GE Healthcare Pvt Ltd
ITAT: No mark-up required for actual costs allocated to eligible unit absent service element
Jun 01, 2023
- In Favour of Assessee
- Citation Number : TS-319-ITAT-2023(PUN)-TP
- Tax Payer : Finolex Cables Ltd
ITAT: Partly allows assessee’s petition for rectification in Tribunal-order w.r.t comparables selection
May 31, 2023
- In Favour of Assessee
- Citation Number : TS-316-ITAT-2023(Bang)-TP
- Tax Payer : Sprinklr India Private Ltd
ITAT: Dismisses Revenue’s miscellaneous petition challenging time barred Tribunal-order
May 31, 2023
- In Favour of Assessee
- Citation Number : TS-317-ITAT-2023(Bang)-TP
- Tax Payer : Yokogawa India Ltd
ITAT: Excludes 5, includes 2 comparables qua SWD services; Allows working capital adjustment on actuals
May 31, 2023
- In Favour of Assessee
- Citation Number : TS-318-ITAT-2023(Bang)-TP
- Tax Payer : SAP Labs India Private Limited
ITAT: Directs AO to give effect to TPO’s order considering TP adjustment at Nil
May 30, 2023
- In Favour of Assessee
- Citation Number : TS-311-ITAT-2023(Bang)-TP
- Tax Payer : Goldman Sachs Services Pvt Ltd
ITAT: Dismisses Eurofins appeal as 'not pressed' in light of APA agreement
May 30, 2023
- In Favour of Assessee
- Citation Number : TS-313-ITAT-2023(Bang)-TP
- Tax Payer : Eurofins IT Solutions India Pvt Ltd
ITAT: Upholds interest on AE loan at LIBOR+2.5%, rejects upward revision for risk mark-up; Follows precedents
May 30, 2023
- In Favour of Assessee
- Citation Number : TS-314-ITAT-2023(Ahd)-TP
- Tax Payer : Arvind Limited
ITAT: TPO's role limited to ALP computation, cannot examine whether actual benefit derived from management services
May 30, 2023
- In Favour of Both, Partially
- Citation Number : TS-312-ITAT-2023(HYD)-TP
- Tax Payer : Kalburgi Cement Private Limited
ITAT: Deletes adjustment qua freight charges payment; Considers exchange rate on date of shipment, not agreement
May 29, 2023
- In Favour of Assessee
- Citation Number : TS-310-ITAT-2023(Mum)-TP
- Tax Payer : Tolani Shipping Co. Ltd
ITAT: Excludes functionally dissimilar comparables under back office support service segment; Follows precedents
May 29, 2023
- In Favour of Assessee
- Citation Number : TS-306-ITAT-2023(Bang)-TP
- Tax Payer : VWR Lab Products Pvt Ltd
ITAT: Excludes Domex e-Data as comparable being functionally-dissimilar to ITeS provider
May 29, 2023
- In Favour of Assessee
- Citation Number : TS-307-ITAT-2023(PUN)-TP
- Tax Payer : Katerra Technology Services LLP
ITAT: Allows assessee’s-MA; Rectifies Tribunal-order w.r.t. selection of comparables
May 29, 2023
- In Favour of Assessee
- Citation Number : TS-308-ITAT-2023(Bang)-TP
- Tax Payer : Lloyds Offshore Global Services Private Limited