Updates ( 9025 results )

ITAT: Dismisses Miscellaneous Petition w.r.t TP adjustment on outstanding receivables

  • In Favour of Both, Partially
  • Citation Number : TS-111-ITAT-2022(Bang)-TP
  • Tax Payer : Swiss Re Global Business Solution India Pvt Ltd

ITAT: Excludes 1, includes 1 comparable, Restricts TP adjustment to international transactions entered with AEs

  • In Favour of Both, Partially
  • Citation Number : TS-106-ITAT-2022(Bang)-TP
  • Tax Payer : FMC India Pvt Ltd

ITAT: Excludes 2 comparables; Deletes TP Adjustment for marketing support services

  • In Favour of Assessee
  • Citation Number : TS-108-ITAT-2022(Mum)-TP
  • Tax Payer : Asus India Pvt Ltd

ITAT: Remits ALP determination for certification services rendered, payment of royalty, IT and management fees; Rules on ITES comparables

  • In Favour of Both, Partially
  • Citation Number : TS-110-ITAT-2022(Bang)-TP
  • Tax Payer : UL India Pvt Ltd

ITAT: Remits determination of ALP for Licence manufacturing segment, Information Service payment

  • In Favour of Both, Partially
  • Citation Number : TS-107-ITAT-2022(Bang)-TP
  • Tax Payer : TE Connectivity India Pvt Ltd

ITAT: Quashes assessment orders passed beyond time limit u/s 153; Holds Sec.144C inapplicable prior to AY 2010-11

  • In Favour of Assessee
  • Citation Number : TS-105-ITAT-2022(SUR)-TP
  • Tax Payer : Bilag Industries P Ltd

ITAT: Excludes 7 comparables failing upper turnover filter; Follows Autodesk India

  • In Favour of Both, Partially
  • Citation Number : TS-104-ITAT-2022(Bang)-TP
  • Tax Payer : Radisys India Pvt Ltd

ITAT: Rules on financial transactions of Torrent Pharma; Deletes notional interest on O/s share application money

  • In Favour of Both, Partially
  • Citation Number : TS-101-ITAT-2022(Ahd)-TP
  • Tax Payer : Torrent Pharmaceuticals Ltd

ITAT: Accepts unaudited segmental results for ALP-determination of BPO-segment, remits ALP-determination of performance guarantee

  • In Favour of Both, Partially
  • Citation Number : TS-103-ITAT-2022(Mum)-TP
  • Tax Payer : Teleperformance Global Services Private Limited

ITAT: Dismisses ground on TP adjustment in view of APA resolution

  • In Favour of Assessee
  • Citation Number : TS-102-ITAT-2022(Bang)-TP
  • Tax Payer : Infinera India Pvt. Ltd

ITAT: Rules on selection of comparables for SWD, excludes 4, includes 1; Follows precedent

  • In Favour of Assessee
  • Citation Number : TS-100-ITAT-2022(Bang)-TP
  • Tax Payer : Sharp Software Development India Pvt Ltd

ITAT: Directs use of internal comparables over external comparables, Remits the issue of benchmarking international transaction

  • In Favour of Both, Partially
  • Citation Number : TS-97-ITAT-2022(Bang)-TP
  • Tax Payer : Sami –Sabinsa Group Ltd

ITAT: Remands issue of characterization of assessee’s business; Directs de-novo verification considering assessee’s FAR analysis

  • In Favour of Assessee
  • Citation Number : TS-99-ITAT-2022(Bang)-TP
  • Tax Payer : Talisma Corporation Pvt Ltd

ITAT: Directs inclusion of companies wrongly excluded basis DRP’s erroneous presumption; Grants working capital adjustment at actuals

  • In Favour of Assessee
  • Citation Number : TS-95-ITAT-2022(Bang)-TP
  • Tax Payer : Tenova Technologies Pvt Ltd

HC: Admits assessee’s writ; Directs excess tax to be refunded as a logical consequence of remand of original appellate proceedings

  • In Favour of Assessee
  • Citation Number : TS-96-HC-2022(KAR)-TP
  • Tax Payer : TE Connectivity India Pvt Ltd

ITAT: Remits the issue of characterization of services rendered by assessee, Follows precedent

  • In Favour of Both, Partially
  • Citation Number : TS-92-ITAT-2022(Bang)-TP
  • Tax Payer : Ingersoll Rand International (India) Pvt Ltd

ITAT: Deletes 271G penalty, Takes cognizance of reasonable cause in failure to maintain newly requested information

  • In Favour of Assessee
  • Citation Number : TS-91-ITAT-2022(Mum)-TP
  • Tax Payer : DA Jhaveri

ITAT: Rules on SWD comparables’ selections, excludes 4; Deletes negative working capital adjustment

  • In Favour of Assessee
  • Citation Number : TS-88-ITAT-2022(Bang)-TP
  • Tax Payer : Herbalife International India Pvt Ltd

ITAT: Upholds SEB rate for transfer of power as against average IEX rate; Rejects ‘Nil’ cost of steam generation

  • In Favour of Assessee
  • Citation Number : TS-89-ITAT-2022(CHANDI)-TP
  • Tax Payer : Nectar Lifesciences Ltd

HC: Allows assessee's writ, sets aside TP order; Directs grant of opportunity of hearing through virtual mode

  • In Favour of Assessee
  • Citation Number : TS-87-HC-2022(DEL)-TP
  • Tax Payer : Dabur India Ltd