Updates ( 9025 results )
ITAT: Remits manufacturing segment's capacity utilization adjustment; Rules on ITES comparables
- In Favour of Both, Partially
- Citation Number : TS-157-ITAT-2022(Bang)-TP
- Tax Payer : Brady Company India Pvt Ltd
ITAT: Admits additional evidence, directs verification of applicability of internal TNMM over external
- In Favour of Both, Partially
- Citation Number : TS-153-ITAT-2022(Bang)-TP
- Tax Payer : Altran Technologies India Pvt Ltd
ITAT: Directs verification if assessee’s business akin to SWD or software manufacturing; Upholds LIBOR+2% on receivables
- In Favour of Assessee
- Citation Number : TS-156-ITAT-2022(Bang)-TP
- Tax Payer : Talisma Corporation Pvt Ltd
ITAT: Directs TP adjustment basis verification if Schneidar's FAR akin to SWD or R&D service
- In Favour of Both, Partially
- Citation Number : TS-154-ITAT-2022(Bang)-TP
- Tax Payer : Schneider Electric IT Business India Pvt Ltd
ITAT: Following SC ruling in Maruti Suzuki, quashes assessment order passed in predecessor’s name
- In Favour of Assessee
- Citation Number : TS-155-ITAT-2022(DEL)-TP
- Tax Payer : Honda Cars India Ltd
ITAT: Upholds OP/Sales as PLI for textile machinery & auto components manufacturing segments
- In Favour of Both, Partially
- Citation Number : TS-149-ITAT-2022(Bang)-TP
- Tax Payer : Toyota Industries Engine India Pvt Ltd
ITAT: Holds CUP for royalty tenable since comparables available, despite TNMM at entity level
- In Favour of Both, Partially
- Citation Number : TS-152-ITAT-2022(CHNY)-TP
- Tax Payer : Doosan Power Systems India Pvt Ltd
ITAT: Separate AMP adjustment not required as Lenovo’s trading margins at ALP; Accepts CUP for manufacturing segment
- In Favour of Assessee
- Citation Number : TS-148-ITAT-2022(Bang)-TP
- Tax Payer : Lenovo (India) Pvt Ltd
ITAT: Upholds relevance of broad similarity under TNMM; Allows working capital adjustment following Huawei Technologies
- In Favour of Both, Partially
- Citation Number : TS-147-ITAT-2022(Bang)-TP
- Tax Payer : Walvoil Fluid Power India Pvt Ltd
ITAT: Deletes AMP adjustment on alleged brand enhancement of Hyundai Motor Corp, takes consistent view
- In Favour of Assessee
- Citation Number : TS-146-ITAT-2022(CHNY)-TP
- Tax Payer : Hyundai Motor India Ltd
ITAT: Denies delayed appeal against revisionary order as 'afterthought'; Rules on comparables in ITeS Segment
- In Favour of Both, Partially
- Citation Number : TS-145-ITAT-2022(Bang)-TP
- Tax Payer : Vee Technologies Pvt Ltd
ITAT: TP-adjustment cannot exceed amount of margin retained by AE; Follows precedent
- In Favour of Both, Partially
- Citation Number : TS-143-ITAT-2022(Mum)-TP
- Tax Payer : Trigyn Technologies Ltd.
ITAT: Remits benchmarking based on similar manufacturing comparables & advances written-off, claimed as extraordinary
- In Favour of Both, Partially
- Citation Number : TS-144-ITAT-2022(Bang)-TP
- Tax Payer : Indo Spanish Tasty Foods Pvt Ltd
ITAT: Rules on selection of comparables in SWD segment; Remits issue of interest on receivables
- In Favour of Both, Partially
- Citation Number : TS-141-ITAT-2022(Bang)-TP
- Tax Payer : Cypress Semiconductor Technology India Pvt Ltd
ITAT: Total revenue of Assessee & AE cannot exceed actual amount billed to customer; Upholds 5% markup
- In Favour of Assessee
- Citation Number : TS-139-ITAT-2022(Mum)-TP
- Tax Payer : Softdel Systems Pvt Ltd
ITAT: Allows additional legal ground, remits appeal to DRP for verification of AO’s jurisdiction
- In Favour of Assessee
- Citation Number : TS-140-ITAT-2022(Bang)-TP
- Tax Payer : SAP LABS India Pvt. Ltd
ITAT: Upholds RPM for standalone international transaction of purchase of traded goods, absent any change in FAR
- In Favour of Assessee
- Citation Number : TS-137-ITAT-2022(DEL)-TP
- Tax Payer : Grohe India Private Ltd
ITAT: Rules on selection of comparables for contract service provider; Follows precedent
- In Favour of Both, Partially
- Citation Number : TS-138-ITAT-2022(Bang)-TP
- Tax Payer : Micro Semi Storage Solutions India Pvt Ltd
ITAT: Accepts classification as trader, not manufacturer, for first year of operations; Directs fresh benchmarking exercise
- In Favour of Both, Partially
- Citation Number : TS-132-ITAT-2022(Mum)-TP
- Tax Payer : Toto India Industries Pvt Ltd
ITAT: Upholds guarantee commission fee of 0.6 % recovered on standby letter for AE; Follows precedent
- In Favour of Assessee
- Citation Number : TS-135-ITAT-2022(Bang)-TP
- Tax Payer : Hasham Traders