Updates ( 9020 results )
ITAT: Deletes TP-adjustment with respect to AMP expenses, follows earlier orders
- In Favour of Assessee
- Citation Number : TS-29-ITAT-2023(Bang)-TP
- Tax Payer : Essilor India Private Limited
ITAT: Deletes TP-adjustment wrt reimbursement of expenses and interest element thereon; Upholds CIT(A)’s findings
- In Favour of Assessee
- Citation Number : TS-30-ITAT-2023(Ahd)-TP
- Tax Payer : Aatash Narcontrol Limited
ITAT: Excludes comparables with turnover exceeding 200 Cr qua SWD, ITeS segments
- In Favour of Both, Partially
- Citation Number : TS-24-ITAT-2023(Bang)-TP
- Tax Payer : Altair Engineering India Pvt Ltd
ITAT: Excludes comparables whose turnover exceeded 200Cr for SWD service provider, grants working capital adjustment
- In Favour of Both, Partially
- Citation Number : TS-25-ITAT-2023(Bang)-TP
- Tax Payer : Sprinklr India Private Ltd
ITAT: Confirms Nil ALP for reimbursement of expenses; Assessee fails to discharge onus of proving rendition
- In Favour of Revenue
- Citation Number : TS-26-ITAT-2023(Ahd)-TP
- Tax Payer : Yanfeng India Automotive Interior Systems Pvt Ltd
ITAT: Adjudicates on working-capital adjustment, interest- rate on delayed receivables, margin computation & more!
- In Favour of Both, Partially
- Citation Number : TS-22-ITAT-2023(Bang)-TP
- Tax Payer : Wipro HR Services India Private Limited
ITAT: Holds assessee performs routine marketing functions, not distribution; Restores TPO’s order
- In Favour of Both, Partially
- Citation Number : TS-23-ITAT-2023(PUN)-TP
- Tax Payer : MSC Software Corporation India Pvt Ltd
ITAT: Excludes 10 comparables for failing upper turnover filter in SWD segment; Follows precedents
- In Favour of Assessee
- Citation Number : TS-16-ITAT-2023(Bang)-TP
- Tax Payer : Motorola Solutions Kodiak Networks India Pvt Ltd
ITAT: Deletes TP-adjustment qua management fees given similarity with prior years; Follows earlier orders
- In Favour of Assessee
- Citation Number : TS-17-ITAT-2023(Mum)-TP
- Tax Payer : Brinks India Pvt Ltd (Formerly known as ‘Brinks Arya (India) Private Ltd.’)
ITAT: Grants 90 days credit period, adopts LIBOR+300 bps as interest rate on outstanding-receivables
- In Favour of Assessee
- Citation Number : TS-18-ITAT-2023(Bang)-TP
- Tax Payer : Thought Focus Information Technologies Pvt Ltd
ITAT: Retains Cades Digitech Ltd as comparable; Holds forex loss/gain as operating in nature
- In Favour of Both, Partially
- Citation Number : TS-19-ITAT-2023(CHNY)-TP
- Tax Payer : Faurecia Emissions Control Technologies India Pvt Ltd
HC: Directs TPO to redo ALP determination without being influenced by ITAT’s observations
- In Favour of Both, Partially
- Citation Number : TS-926-HC-2022(MAD)-TP
- Tax Payer : Shasun Pharmaceuticals Ltd [Formerly known as M/s Shasun Chemicals and Drugs Ltd]
ITAT: Considers assessee’s failure to produce details regarding asset purchase; Confirms NIL-ALP determination
- In Favour of Revenue
- Citation Number : TS-12-ITAT-2023(CHNY)-TP
- Tax Payer : Flextronics Technologies India Pvt Ltd
ITAT: Quashes assessment order passed in violation of 144C; Directs Revenue to devise mechanism to rectify software
- In Favour of Assessee
- Citation Number : TS-13-ITAT-2023(HYD)-TP
- Tax Payer : Apache Footwear India Private Limited
ITAT: Rules on comparables qua provision of SWD services, remits interest on delayed receivables
- In Favour of Both, Partially
- Citation Number : TS-925-ITAT-2022-TP
- Tax Payer : Applied Materials India Pvt Ltd
ITAT: Quashes AO’s reassessment order based on TPO's invalid order; Follows precedent
- In Favour of Assessee
- Citation Number : TS-10-ITAT-2023(Kol)-TP
- Tax Payer : Witzenmann India Pvt Ltd
ITAT: Holds RPM, CUP method inapplicable to sale of bulk drugs; Remits ALP determination
- In Favour of Both, Partially
- Citation Number : TS-400-ITAT-2013(CHNY)-TP
- Tax Payer : Shasun Pharmaceuticals Ltd [Formerly known as M/s Shasun Chemicals and Drgus Ltd]
ITAT: Quashes TPO’s order passed beyond time limit as well as subsequent TP-adjustment
- In Favour of Assessee
- Citation Number : TS-921-ITAT-2022(Mum)-TP
- Tax Payer : Multi Screen Media Pvt Ltd
ITAT: Sets aside final assessment order passed without regard to DRP's directions, remands issue to AO
- In Favour of Assessee
- Citation Number : TS-07-ITAT-2023(HYD)-TP
- Tax Payer : Gameloft Software Private Limited
ITAT: Rules on comparables in SWD and ITeS segments failing upper turnover filter; Follows precedents
- In Favour of Assessee
- Citation Number : TS-08-ITAT-2023(Bang)-TP
- Tax Payer : Eurofins IT Solutions India Pvt Ltd