Updates ( 9025 results )
ITAT: Upholds RPM as MAM for Trading Segment; Rules on ALP determination in Manufacturing segment
- In Favour of Both, Partially
- Citation Number : TS-249-ITAT-2022(PUN)-TP
- Tax Payer : Fette Compacting Machinery India Pvt Ltd
ITAT: Rejects ALP determination of cost reimbursement by the AO; Remits matter for TPO reference
- In Favour of Both, Partially
- Citation Number : TS-248-ITAT-2022(Ahd)-TP
- Tax Payer : Jay Chemical Industries Ltd
ITAT: SDT adjustment not sustainable given omission of 92BA(i); Directs review of expense allowability u/s 40A(2)
- In Favour of Both, Partially
- Citation Number : TS-246-ITAT-2022(Mum)-TP
- Tax Payer : Mahindra Two Wheelers Ltd
ITAT: Remits ALP-determination of interest on delayed receivables; Directs application of prescribed method
- In Favour of Assessee
- Citation Number : TS-247-ITAT-2022(Bang)-TP
- Tax Payer : Verifone India Technology Private Limited
ITAT: Adjudicates on TP-adjustment on interest-free AE-loan, corporate guarantee; Follows earlier orders
- In Favour of Both, Partially
- Citation Number : TS-245-ITAT-2022(Ahd)-TP
- Tax Payer : Lambda Therapeutic Research Ltd.
ITAT: Deletes ALP-adjustment on SDT considering deletion of Sec.92BA(i); Directs Sec.40A(2) examination
- In Favour of Assessee
- Citation Number : TS-243-ITAT-2022(Mum)-TP
- Tax Payer : Hindustan Dorr-Oliver Ltd
ITAT: Quashes 263 revisionary order passed against assessment order; TPO reference not required
- In Favour of Assessee
- Citation Number : TS-244-ITAT-2022(Mum)-TP
- Tax Payer : Bhavani Gems Private Limited
ITAT: Allows mark-up charged by AE on intra-group services; Deletes TP-adjustment following precedent
- In Favour of Assessee
- Citation Number : TS-242-ITAT-2022(DEL)-TP
- Tax Payer : Humboldt Wedag India Pvt Ltd
ITAT: Directs allowance of working capital adjustment to assessee; Follows Huawei Technologies ruling
- In Favour of Assessee
- Citation Number : TS-241-ITAT-2022(Bang)-TP
- Tax Payer : Tarkett Flooring India Pvt Ltd
HC: Dismisses Revenue’s appeal contesting ITAT’s exclusion of comparables; Views no substantial question of law
- In Favour of Assessee
- Citation Number : TS-239-HC-2022(DEL)-TP
- Tax Payer : Evalueserve.com Pvt Ltd
ITAT: Rules on TP-adjustment on interest on working capital advances & trading receivables, guarantees and sale-purchase transactions
- In Favour of Both, Partially
- Citation Number : TS-237-ITAT-2022(HYD)-TP
- Tax Payer : Vivimed Labs Limited
ITAT: Rules on comparables, rejects assessee’s internal TNMM; Deletes adjustment on account of guarantee commission
- In Favour of Both, Partially
- Citation Number : TS-236-ITAT-2022(Mum)-TP
- Tax Payer : United Shippers Ltd
HC: Dismisses Revenue’s appeal contesting ITAT’s exclusion of comparables; Views no substantial question of law involved
- In Favour of Assessee
- Citation Number : TS-238-HC-2022(DEL)-TP
- Tax Payer : Mentor Graphics India Pvt Ltd
ITAT: Holds assessee and AE acted "in concert" for AMP expenses; Upholds it to be an international transaction
- In Favour of Both, Partially
- Citation Number : TS-235-ITAT-2022(DEL)-TP
- Tax Payer : Olympus Medical Systems India Pvt Ltd
ITAT: Quashes assessments for want of incriminating material found or seized during course of search
- In Favour of Assessee
- Citation Number : TS-234-ITAT-2022(HYD)-TP
- Tax Payer : Vivimed Labs Limited
HC: Quashes final order passed sans draft assessment order in remand proceedings; Section 144C(1) mandatory
- In Favour of Assessee
- Citation Number : TS-233-HC-2022(BOM)-TP
- Tax Payer : ExxonMobil Company India Private Limited
ITAT: Deletes TP-adjustment for interest on delayed AE receivables; Follows precedent
- In Favour of Assessee
- Citation Number : TS-230-ITAT-2022(HYD)-TP
- Tax Payer : Hexagon Capability Center India Private Limited
ITAT: Deletes addition on account of interest on delayed AE receivables; Follows precedent
- In Favour of Assessee
- Citation Number : TS-231-ITAT-2022(HYD)-TP
- Tax Payer : Harsco India Services Pvt Ltd
ITAT: Restores Sec 271(1)(c) penalty matter to AO w.r.t TP-additions; Follows co-ordinate bench restoring quantum proceedings
- In Favour of Assessee
- Citation Number : TS-232-ITAT-2022(Ahd)-TP
- Tax Payer : Atul Limited
ITAT: Rules on comparables; Remits issues of working-capital adjustment and outstanding receivables
- In Favour of Assessee
- Citation Number : TS-225-ITAT-2022(Bang)-TP
- Tax Payer : NetApp India Marketing & Services Pvt Ltd