Updates ( 9016 results )
ITAT: Deletes TP-addition recharacterizing preference shares as interest-free loan, follows earlier orders
- In Favour of Assessee
- Citation Number : TS-463-ITAT-2023(Mum)-TP
- Tax Payer : Aegis Limited
ITAT: Purchase of shares from overseas AE is not an international transaction
- In Favour of Assessee
- Citation Number : TS-464-ITAT-2023(Mum)-TP
- Tax Payer : WNS Global Services Pvt Ltd
ITAT: Excludes comparables, upholds forex gain, advance received and expenses reimbursed as operating
- In Favour of Assessee
- Citation Number : TS-459-ITAT-2023(Mum)-TP
- Tax Payer : Sabre Travel Network (India) Pvt Ltd
ITAT: Excludes 9 comparables under SWD services segment; Remits margin computation plea
- In Favour of Both, Partially
- Citation Number : TS-460-ITAT-2023(Bang)-TP
- Tax Payer : NTT Data Information Processing Services Pvt Ltd
HC: Issues Mandamus, specifies timelines for Revenue before passing assessment order
- In Favour of Assessee
- Citation Number : TS-458-HC-2023(MAD)-TP
- Tax Payer : Bloom Energy India Pvt. Ltd
ITAT: Deletes SDT adjustment, cites omission of Sec 92BA(i) by Finance Act 2017
- In Favour of Assessee
- Citation Number : TS-454-ITAT-2023(DEL)-TP
- Tax Payer : Relaxo Footwear Ltd
ITAT: Excludes comparables failing upper turnover filter; Remits notional interest on outstanding receivables
- In Favour of Both, Partially
- Citation Number : TS-455-ITAT-2023(Bang)-TP
- Tax Payer : Etisalat Software Solutions Pvt Ltd
ITAT: Excludes 4 comparables citing functional dissimilarity, high turnover, lack of segmental details
- In Favour of Both, Partially
- Citation Number : TS-449-ITAT-2023(Bang)-TP
- Tax Payer : EIT Services India Pvt Ltd
ITAT: Quashes TPO’s order, final assessment order barred by period of limitation; Follows precedent
- In Favour of Assessee
- Citation Number : TS-450-ITAT-2023(Mum)-TP
- Tax Payer : Frost & Sullivan (I) Pvt. Ltd
ITAT: Rules on comparables selection in second round for SWD service provider
- In Favour of Both, Partially
- Citation Number : TS-451-ITAT-2023(Bang)-TP
- Tax Payer : Integral India Software Development Centre (P) Ltd
ITAT: Restricts inclusion of Dynamatic Technologies to specific segment; Remits working-capital adjustment
- In Favour of Both, Partially
- Citation Number : TS-452-ITAT-2023(CHNY)-TP
- Tax Payer : Myunghwa Automotive India Pvt Ltd
ITAT: Upholds assessee's TNMM over TPO's CUP method for determining ALP of technical service fee
- In Favour of Assessee
- Citation Number : TS-445-ITAT-2023(HYD)-TP
- Tax Payer : Menzies Bobba Ground Handling Services Private Limited
ITAT: Directs TPO to correct error in margin computation; Allows working capital adjustment
- In Favour of Assessee
- Citation Number : TS-442-ITAT-2023(Bang)-TP
- Tax Payer : IG Infotech (India) Pvt Ltd
ITAT: Quashes time-barred assessment order pursuant to 1 day delay in passing TPO order; Follows precedents
- In Favour of Assessee
- Citation Number : TS-447-ITAT-2023(Mum)-TP
- Tax Payer : Mahindra and Mahindra Ltd
ITAT: Excludes 10 comparables not meeting turnover filter in SWD segment
- In Favour of Assessee
- Citation Number : TS-446-ITAT-2023(Bang)-TP
- Tax Payer : Mitel Communications Private Limited
ITAT: Partly allows assessee’s misc.petition w.r.t comparables selection, correction of SWD turnover
- In Favour of Both, Partially
- Citation Number : TS-443-ITAT-2023(Bang)-TP
- Tax Payer : Robert Bosch Engineering and Business Solutions Ltd
ITAT: Deletes TP adjustments qua AMP, PLI computation; Excludes functionally dissimilar comparable
- In Favour of Assessee
- Citation Number : TS-444-ITAT-2023(Bang)-TP
- Tax Payer : Alcon Laboratories (India) Pvt Ltd
ITAT: Rejects TPO’s TNMM, directs adoption of either CUP or RPM following earlier order
- In Favour of Assessee
- Citation Number : TS-439-ITAT-2023(CHNY)-TP
- Tax Payer : Socomec Innovative Power Solutions Private Limited
ITAT: Upholds TNMM as MAM for royalty, FTS, accepts royalty ALP at 8%
- In Favour of Assessee
- Citation Number : TS-440-ITAT-2023(DEL)-TP
- Tax Payer : Gruner India Private Limited
HC: Dismisses Revenue's appeal, upholds deletion of adjustment qua export sales & commission
- In Favour of Assessee
- Citation Number : TS-441-HC-2023(BOM)-TP
- Tax Payer : Thyssen Krupp Electrical Steel India Pvt Ltd