Updates ( 8884 results )
ITAT: Quashes assessment order passed disregarding DRP's directions in Uber India's case
Nov 03, 2023
- In Favour of Assessee
- Citation Number : TS-639-ITAT-2023(HYD)-TP
- Tax Payer : Uber India Research and Development Private Limited
HC: Disposes Revenue’s appeal on comparables-selection; Considers Revenue’s reliance on Rampgreen Solution ruling
Nov 03, 2023
- In Favour of Assessee
- Citation Number : TS-637-HC-2023(DEL)-TP
- Tax Payer : GE India Business Services Pvt Ltd
HC: Remits TP-adjustment qua interest on receivables citing working capital adjustment allowed
Nov 03, 2023
- In Favour of Both, Partially
- Citation Number : TS-636-HC-2023(DEL)-TP
- Tax Payer : Qualcomm India Pvt Ltd
ITAT: Quashes assessment-order barred by limitation considering date of receiving DRP's directions
Nov 02, 2023
- In Favour of Assessee
- Citation Number : TS-633-ITAT-2023(Mum)-TP
- Tax Payer : APM Terminals Private Limited
ITAT: Quashes TPO’s time-barred order following Pfizer Healthcare ruling
Nov 02, 2023
- In Favour of Assessee
- Citation Number : TS-635-ITAT-2023(Mum)-TP
- Tax Payer : Siemens Technology & Services Pvt Ltd
ITAT: Upholds deletion of secondary interest adjustment for AY 2007-08, considering Sec.92CE(1) proviso
Nov 02, 2023
- In Favour of Assessee
- Citation Number : TS-634-ITAT-2023(Mum)-TP
- Tax Payer : Tech Mahindra Limited
ITAT: Applies turnover filter range at 10 times; Remits adjustment qua management fee
Nov 01, 2023
- In Favour of Both, Partially
- Citation Number : TS-630-ITAT-2023(HYD)-TP
- Tax Payer : Infor (India) Private Limited
ITAT: Accepts CIT(A)'s levy of guarantee fee @0.5% & interest @LIBOR+1% on loan
Nov 01, 2023
- In Favour of Assessee
- Citation Number : TS-632-ITAT-2023(Mum)-TP
- Tax Payer : Concentrix Services (I) Pvt Ltd
HC: Dismisses Revenue’s appeal challenging AMP adjustment, applies rule of consistency
Nov 01, 2023
- In Favour of Assessee
- Citation Number : TS-631-HC-2023(DEL)-TP
- Tax Payer : Wrigley India Private Limited
ITAT: Rules on comparables in SWD, ITeS, MSS segments; Includes depreciation in operating cost
Oct 31, 2023
- In Favour of Both, Partially
- Citation Number : TS-628-ITAT-2023(Bang)-TP
- Tax Payer : Sandisk India Device Design Centre Pvt Ltd
ITAT: Holds final assessment order time-barred, AO did not adhere to Sec.144C(13) mandate
Oct 31, 2023
- In Favour of Assessee
- Citation Number : TS-629-ITAT-2023(Mum)-TP
- Tax Payer : Lubrizol Advanced Materials India Pvt Ltd
ITAT: Holds corporate-guarantee as international transaction; Determines commission at 0.5%
Oct 30, 2023
- In Favour of Both, Partially
- Citation Number : TS-626-ITAT-2023(CHNY)-TP
- Tax Payer : TVS Motor Company Ltd
ITAT: Rules on comparables in research support for financial intermediary
Oct 30, 2023
- In Favour of Both, Partially
- Citation Number : TS-627-ITAT-2023(Mum)-TP
- Tax Payer : Citigroup Global Markets (India) Private Limited
ITAT: Deletes adjustment on notional interest, assessee being a debt-free company; Follows precedent
Oct 27, 2023
- In Favour of Assessee
- Citation Number : TS-621-ITAT-2023(DEL)-TP
- Tax Payer : Avaya India Pvt Ltd
ITAT: Remits TP-adjustment qua interest on outstanding receivables, considers Kusum Healthcare ruling
Oct 27, 2023
- In Favour of Both, Partially
- Citation Number : TS-622-ITAT-2023(DEL)-TP
- Tax Payer : Teradata India Pvt Ltd
ITAT: Excludes 3 comparables for ITeS-provider; Cites functional-dissimilarity, absence of segmental results
Oct 27, 2023
- In Favour of Assessee
- Citation Number : TS-623-ITAT-2023(PUN)-TP
- Tax Payer : FIS Solutions Software (India) Private Limited
HC: Dismisses Revenue’s appeal; Upholds AMP-adjustment deletion for Toshiba India
Oct 27, 2023
- In Favour of Assessee
- Citation Number : TS-940-HC-2022(DEL)-TP
- Tax Payer : Toshiba India Pvt Ltd
ITAT: Applies interest @6% on outstanding receivables, notes assessee furnished insufficient evidence
Oct 26, 2023
- In Favour of Revenue
- Citation Number : TS-618-ITAT-2023(HYD)-TP
- Tax Payer : Corteva Agriscience Services India Private Limited
ITAT: Excludes comparables failing turnover filter, etc; Deletes interest on share application money for RIL
Oct 26, 2023
- In Favour of Assessee
- Citation Number : TS-619-ITAT-2023(Mum)-TP
- Tax Payer : Reliance Industries Ltd
ITAT: Holds Indian project-office constitutes PE, remits profit attribution computation; Follows earlier order
Oct 25, 2023
- In Favour of Both, Partially
- Citation Number : TS-616-ITAT-2023(CHNY)-TP
- Tax Payer : Durr Systems Gmbh