Updates ( 9016 results )
ITAT: Excludes functionally dissimilar comparables in SWD / MSS segments, remits interest on receivables
- In Favour of Both, Partially
- Citation Number : TS-557-ITAT-2023(Bang)-TP
- Tax Payer : AMD India Private Ltd
ITAT: Excise-duty non-deductible from export turnover, Deletes royalty adjustment following earlier orders
- In Favour of Assessee
- Citation Number : TS-556-ITAT-2023(Kol)-TP
- Tax Payer : Indian Explosives Private Ltd
ITAT: Restricts corporate guarantee fees for all AEs to 0.60%; Follows earlier order
- In Favour of Both, Partially
- Citation Number : TS-555-ITAT-2023(Mum)-TP
- Tax Payer : KEC International Ltd
ITAT: Upholds TP adjustment for improper allocation of expenses under trading and manufacturing segments
- In Favour of Revenue
- Citation Number : TS-552-ITAT-2023(PUN)-TP
- Tax Payer : Ampacet Speciality Products Private Limited
ITAT: Dismisses assessee’s plea, includes comparables primarily involved in SWD services
- In Favour of Revenue
- Citation Number : TS-551-ITAT-2023(DEL)-TP
- Tax Payer : TPG Software Pvt Ltd
ITAT: Invalidates assessment order as draft order passed with demand & penalty notices
- In Favour of Assessee
- Citation Number : TS-550-ITAT-2023(Mum)-TP
- Tax Payer : Integreon Managed Solutions (India) Pvt. Ltd
ITAT: Assessee demonstrated need/benefit test, no infirmity in cost-allocation; Deletes IGS-adjustment
- In Favour of Assessee
- Citation Number : TS-549-ITAT-2023(Mum)-TP
- Tax Payer : Emerson Network (Power (India) Private Limited
ITAT: Rejects NIL ALP of royalty payment, remits management fee adjustment; Follows earlier order
- In Favour of Both, Partially
- Citation Number : TS-547-ITAT-2023(CHNY)-TP
- Tax Payer : Siemens Gamesa Renewable Power Pvt Ltd
ITAT: Accepts CUP for benchmarking consultancy services; Dismisses stay-application being infructuous
- In Favour of Assessee
- Citation Number : TS-548-ITAT-2023(DEL)-TP
- Tax Payer : Willis Towers Watson India Pvt Ltd
ITAT: Deletes AMP adjustment for Kellogg India; Follows earlier ruling
- In Favour of Assessee
- Citation Number : TS-546-ITAT-2023(Mum)-TP
- Tax Payer : Kellogg India Private Limited
ITAT: Deletes TP-adjustment disallowing interest paid to AE, observes Bank's PLR not comparable
- In Favour of Assessee
- Citation Number : TS-544-ITAT-2023(Mum)-TP
- Tax Payer : AAA Corp Exim India Pvt Ltd
ITAT: Deletes SDT adjustment made pursuant to omission of 92BA(i); Follows precedent
- In Favour of Assessee
- Citation Number : TS-545-ITAT-2023(Kol)-TP
- Tax Payer : Softel Overseas Pvt Ltd
ITAT: Adopts RPM over TNMM for benchmarking import transaction; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-542-ITAT-2023(Mum)-TP
- Tax Payer : Celio Future Fashion Pvt Ltd
ITAT: Remits ALP-determination of management fee, royalty and sale promotion expenses; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-543-ITAT-2023(Bang)-TP
- Tax Payer : United Breweries Ltd
ITAT: Deletes TP-adjustment for availing IGS, observes assessee fulfilled need/benefit test
- In Favour of Assessee
- Citation Number : TS-541-ITAT-2023(Mum)-TP
- Tax Payer : Lord India Private Limited
HC: Quashes final assessment order passed without issuing draft assessment order; Follows precedents
- In Favour of Assessee
- Citation Number : TS-540-HC-2023(BOM)-TP
- Tax Payer : CWT India Private Limited
ITAT: Deletes TP addition qua IGS; Remits adjustment qua Technical Know-how-Royalty
- In Favour of Both, Partially
- Citation Number : TS-539-ITAT-2023(DEL)-TP
- Tax Payer : Contitech India Pvt Ltd
ITAT: Deletes TP-adjustment for loss making 80IC unit
- In Favour of Assessee
- Citation Number : TS-538-ITAT-2023(CHANDI)-TP
- Tax Payer : Milestone Gears Private Limited
ITAT: Quashes assessment-order passed in non-existing company's name despite intimation
- In Favour of Assessee
- Citation Number : TS-535-ITAT-2023(Mum)-TP
- Tax Payer : India Medtronic Private Limited
ITAT: Remits royalty benchmarking; Directs to adopt ‘Other Method’ to benchmark royalty payment
- In Favour of Assessee
- Citation Number : TS-536-ITAT-2023(Mum)-TP
- Tax Payer : ASB International Private Limited