Updates ( 9016 results )
ITAT: Remits benchmarking, notes TPO included comparable directed to be excluded in first round
- In Favour of Both, Partially
- Citation Number : TS-491-ITAT-2023(Ahd)-TP
- Tax Payer : Weatherford Drilling & Production Services (India) Private Limited
ITAT: Upholds exclusion of functionally dissimilar MPS Ltd qua ITeS-providing assessee
- In Favour of Assessee
- Citation Number : TS-486-ITAT-2023(Mum)-TP
- Tax Payer : E-Clinical Works India Pvt Ltd
ITAT: Dismisses Google India’s TP grounds as withdrawn due to APA resolution
- In Favour of Assessee
- Citation Number : TS-487-ITAT-2023(Bang)-TP
- Tax Payer : Google India Private Limited
ITAT: Remits CIT(A)’s ex-parte order; Considers assessee’s non-compliance of notice not deliberate
- In Favour of Assessee
- Citation Number : TS-488-ITAT-2023(DEL)-TP
- Tax Payer : Egis International S.A.
HC: Directs AO to afford assessee an opportunity of being heard
- In Favour of Both, Partially
- Citation Number : TS-484-HC-2023(CAL)-TP
- Tax Payer : Price Waterhouse & Anr
ITAT: Remits benchmarking of purchase transaction, notes that assessee kept changing MAM
- In Favour of Both, Partially
- Citation Number : TS-480-ITAT-2023(Mum)-TP
- Tax Payer : Franklin Wardcorpp India Private Limited
ITAT: Mere pendency of Revenue's appeal against earlier order no ground to invoke Sec.263
- In Favour of Assessee
- Citation Number : TS-482-ITAT-2023(PUN)-TP
- Tax Payer : Carraro India Private Limited
ITAT: Final assessment orders, based on invalid TPO/DRP orders, not valid
- In Favour of Assessee
- Citation Number : TS-483-ITAT-2023(Mum)-TP
- Tax Payer : Emerson Process Management (India) P. Ltd
ITAT: Refuses to exclude functionally similar comparable, remits others to examine financial data
- In Favour of Both, Partially
- Citation Number : TS-481-ITAT-2023(Kol)-TP
- Tax Payer : Orga Systems India Pvt Ltd
ITAT: Remits TP adjustment qua SDT; Directs AO to adjudicate afresh
- In Favour of Both, Partially
- Citation Number : TS-477-ITAT-2023(JODH)-TP
- Tax Payer : Sunil and Company
ITAT: Remits MAM-selection for benchmarking royalty; Follows earlier-order
- In Favour of Assessee
- Citation Number : TS-478-ITAT-2023(Mum)-TP
- Tax Payer : SAS Institute (India) Pvt Ltd
ITAT: Deletes protective basis AMP-adjustment for Nikon India, follows earlier order
- In Favour of Both, Partially
- Citation Number : TS-479-ITAT-2023(DEL)-TP
- Tax Payer : Nikon India (Pvt) Ltd
HC: Sets aside final assessment order passed pending DRP’s directions
- In Favour of Assessee
- Citation Number : TS-474-HC-2023(KAR)-TP
- Tax Payer : Zyme Solutions Pvt Ltd
ITAT: Upholds TNMM as MAM for export citing rule of consistency; Follows precedents
- In Favour of Assessee
- Citation Number : TS-476-ITAT-2023(Mum)-TP
- Tax Payer : Lubrizol India Private Limited
ITAT: Upholds Revenue’s segregation of distribution segment from trading activity; Grants working-capital adjustment
- In Favour of Both, Partially
- Citation Number : TS-470-ITAT-2023(Bang)-TP
- Tax Payer : Puma Sports India Pvt Ltd
ITAT: Fixes corporate guarantee fee @ 0.5%, remits comparables' selection qua software services
- In Favour of Both, Partially
- Citation Number : TS-471-ITAT-2023(Ahd)-TP
- Tax Payer : Mastek Ltd
ITAT: Holds RPM as MAM for benchmarking distribution activity, applies rule of consistency
- In Favour of Assessee
- Citation Number : TS-472-ITAT-2023(HYD)-TP
- Tax Payer : Commvault Systems (India) Private Limited
ITAT: TPO’s order time barred, final assessment non-est in eyes of law; Follows precedent
- In Favour of Assessee
- Citation Number : TS-467-ITAT-2023(Mum)-TP
- Tax Payer : Tata AIG General Insurance Company Ltd
ITAT: Mandates issue of notice u/s. 92C(3) or u/s.92CA(2) before making TP adjustment
- In Favour of Both, Partially
- Citation Number : TS-468-ITAT-2023(HYD)-TP
- Tax Payer : Quislex Legal Services P Ltd
ITAT: Remits TP-adjustment qua IGS, directs assssee to demonstrate benefit, rendition tests
- In Favour of Both, Partially
- Citation Number : TS-469-ITAT-2023(Mum)-TP
- Tax Payer : EOS Power India Private Limited