Updates ( 9020 results )
ITAT: Remits ALP-determination w.r.t interest on delayed receivables; Proper benchmarking study to be followed
- In Favour of Assessee
- Citation Number : TS-817-ITAT-2022(Bang)-TP
- Tax Payer : Safran Engineering Services India Pvt Ltd
ITAT: Upholds NIL ALP for management service fees, Assessee fails to prove rendition via evidence
- In Favour of Both, Partially
- Citation Number : TS-818-ITAT-2022(CHNY)-TP
- Tax Payer : AB Mauri India Pvt Ltd
ITAT: Upholds exclusion of comparables doing big-ticket government projects qua routine EDS provider
- In Favour of Assessee
- Citation Number : TS-811-ITAT-2022(Mum)-TP
- Tax Payer : Worley India Pvt Ltd (Formerly known as Jacobs Engineering India Pvt Ltd)
ITAT: Remands TP-adjustment w.r.t sales made to AE; Directs de-novo determination of ALP
- In Favour of Both, Partially
- Citation Number : TS-812-ITAT-2022(Mum)-TP
- Tax Payer : Diaster Jewellery Pvt Ltd
ITAT: Deletes TP-adjustment qua royalty payment by General Motors India; Rules on comparable selection
- In Favour of Assessee
- Citation Number : TS-813-ITAT-2022(Ahd)-TP
- Tax Payer : General Motors India Pvt Ltd
ITAT: Remits TP-issue qua management charge payment, notes APA for subsequent years has guidance value
- In Favour of Assessee
- Citation Number : TS-814-ITAT-2022(Mum)-TP
- Tax Payer : Aker Powergas Pvt Ltd
ITAT: Deletes BLT based AMP adjustment absent international transaction for Suzuki Motorcycles, follows precedent
- In Favour of Assessee
- Citation Number : TS-808-ITAT-2022(DEL)-TP
- Tax Payer : Suzuki Motorcycles (I) Pvt Ltd
ITAT: Deletes TP-adjustment qua management-fees sans application of prescribed method; Rejects ALP determined on estimation basis
- In Favour of Assessee
- Citation Number : TS-809-ITAT-2022(Mum)-TP
- Tax Payer : Brinks India Pvt Ltd (Formerly known as ‘Brinks Arya (India) Private Ltd.’)
ITAT: Rules on comparables qua SWD service provider, deletes interest on delayed AE-receivables
- In Favour of Assessee
- Citation Number : TS-810-ITAT-2022(DEL)-TP
- Tax Payer : Global Logic India Ltd
ITAT: Deletes AMP adjustment, applies rule of consistency; Excludes 4 comparables under IT support services segment
- In Favour of Assessee
- Citation Number : TS-805-ITAT-2022(Bang)-TP
- Tax Payer : Alcon Laboratories Pvt Ltd
ITAT: Excludes comparable for majorly subcontracting work, terms it functionally different
- In Favour of Assessee
- Citation Number : TS-806-ITAT-2022(Ahd)-TP
- Tax Payer : Weatherford Drilling and Production Services (India) Pvt Ltd
ITAT: Allows adjustments qua capacity utilization, working capital; Directs TPO to exercise power u/s 133(6) if needed
- In Favour of Assessee
- Citation Number : TS-807-ITAT-2022(Kol)-TP
- Tax Payer : Witzenmann India Pvt Ltd
ITAT: Restricts rate of corporate guarantee commission to 0.50%, Remits interest on delayed AE-receivable
- In Favour of Both, Partially
- Citation Number : TS-801-ITAT-2022(Bang)-TP
- Tax Payer : Trianz Holdings Pvt Ltd
ITAT: Grants capacity utilization adjustment, denies risk adjustment; Directs using average of past three years’ data
- In Favour of Both, Partially
- Citation Number : TS-802-ITAT-2022(CHNY)-TP
- Tax Payer : Triumph International (India) Pvt Ltd
ITAT: Applies TNMM to benchmark commission payment; Adopts subsequent year findings for current year
- In Favour of Assessee
- Citation Number : TS-803-ITAT-2022(Mum)-TP
- Tax Payer : Raymond Limited
ITAT: Computes guarantee amount at 0.5%; Upholds CIT(A) order
- In Favour of Assessee
- Citation Number : TS-798-ITAT-2022(Mum)-TP
- Tax Payer : 63 Moon Technologies Limited
ITAT: Rules on comparables qua SWD, MSS and ITeS segments; Remits interest on outstanding-receivables
- In Favour of Both, Partially
- Citation Number : TS-799-ITAT-2022(Bang)-TP
- Tax Payer : Mandiant Cyber Security Pvt Ltd
ITAT: Directs PLI computation only qua international transactions; Dismisses TPO's approach
- In Favour of Assessee
- Citation Number : TS-800-ITAT-2022(Mum)-TP
- Tax Payer : Tricom Infotech Solutions Ltd
ITAT: Confirms guarantee commission @ 0.5%; Follows Everest Kanto Cylinder ruling
- In Favour of Assessee
- Citation Number : TS-793-ITAT-2022(Mum)-TP
- Tax Payer : PFS Sihpping (India) Ltd
ITAT: Excludes Cosmic Global, Infosys BPO under ITeS segment; Follows precedents
- In Favour of Assessee
- Citation Number : TS-794-ITAT-2022(Mum)-TP
- Tax Payer : Travelex India Private Limited