Updates ( 9028 results )
ITAT: Upholds RPM for trading segment & CPM for manufacturing segment, sans contradictory evidence; Follows precedents
- In Favour of Assessee
- Citation Number : TS-663-ITAT-2021(Bang)-TP
- Tax Payer : A.O. Smith India Water Products Pvt Ltd
ITAT: Rules on various aspects of ALP determination for manufacturing segment and IGS, follows precedents
- In Favour of Both, Partially
- Citation Number : TS-662-ITAT-2021(Bang)-TP
- Tax Payer : SKF Engineering and Lubrication India Pvt Ltd
ITAT: Rules on selection of comparables; Remits capacity, working capital, risk adjustment etc., follows Baracuda Networks
- In Favour of Both, Partially
- Citation Number : TS-661-ITAT-2021(Bang)-TP
- Tax Payer : Atmecs Technologies Private Limited
ITAT: Remits comparability issue for a forwarding and logistics company
- In Favour of Both, Partially
- Citation Number : TS-656-ITAT-2021(Bang)-TP
- Tax Payer : Kintetsu World Express India Pvt Ltd
ITAT: Upholds corporate-guarantee as international-transaction and approves 0.5% ALP addition; follows Everest Kanto and Redington
- In Favour of Revenue
- Citation Number : TS-655-ITAT-2021(DEL)-TP
- Tax Payer : PCI Limited
ITAT: Restores BBC's case for verification of mark-up on costs, Highlights assessee’s onus to substantiate
- In Favour of Both, Partially
- Citation Number : TS-660-ITAT-2021(DEL)-TP
- Tax Payer : BBC World Service India Pvt Ltd
HC: Quashes LG Soft's assessment-order passed sans DRP directions, directs following of Sec 144C procedure
- In Favour of Assessee
- Citation Number : TS-659-HC-2021(KAR)-TP
- Tax Payer : LG Soft India Pvt Ltd
ITAT: Remits differential customs-duty and working-capital adjustment for automotive component manufacturer; Rules on operating/non-operating expenses
- In Favour of Both, Partially
- Citation Number : TS-657-ITAT-2021(CHNY)-TP
- Tax Payer : Doowon Automotive Systems India Pvt Ltd
ITAT: Upholds application of upper turnover filter, working capital adjustment at actuals; Rules on comparables for SWD and MSS
- In Favour of Both, Partially
- Citation Number : TS-658-ITAT-2021(Bang)-TP
- Tax Payer : Sandisk India Device Design Centre Pvt Ltd
ITAT: Rules on comparables for Samsung R&D Institute; Excludes 4, includes 2 and remits 2
- In Favour of Both, Partially
- Citation Number : TS-653-ITAT-2021(Bang)-TP
- Tax Payer : Samsung R&D Institute India Bangalore Pvt Ltd
ITAT: Remits issues on adjustments qua capacity, customs duty, forex fluctuations; Rules on comparables
- In Favour of Both, Partially
- Citation Number : TS-654-ITAT-2021(Bang)-TP
- Tax Payer : Continental Automotive Components (India) Pvt. Ltd
ITAT: Directs exclusion of Axis Integrated Systems, Just Dial & Killick Agencies & Marketing Ltd as comparables for Nokia India
- In Favour of Both, Partially
- Citation Number : TS-651-ITAT-2021(DEL)-TP
- Tax Payer : Nokia India Pvt. Ltd
ITAT: Rules on IT/ITES comparables.; Rejects negative working-capital adjustment for captive service-provider
- In Favour of Both, Partially
- Citation Number : TS-650-ITAT-2021(Bang)-TP
- Tax Payer : Arctern Consulting Pvt Ltd
HC: Dismisses Revenue's appeal citing low tax-effect, keeps Sec 10A and TP-issues open for future adjudication
- In Favour of Revenue
- Citation Number : TS-648-HC-2021(MAD)-TP
- Tax Payer : Brigade Corporation India Pvt. Ltd.
ITAT: Directs exclusion of comparables basis Tribunal directions in first round, TPO can exceed his brief
- In Favour of Assessee
- Citation Number : TS-647-ITAT-2021(DEL)-TP
- Tax Payer : American Express (India) Pvt Ltd
ITAT: Rules on comparables for SWD and ITES segments of Finastra Software Solutions
- In Favour of Both, Partially
- Citation Number : TS-644-ITAT-2021(Bang)-TP
- Tax Payer : Finastra Software Solutions (India) Pvt Ltd
ITAT: Rules on selection of comparables and PLI computation for a manufacturing company
- In Favour of Assessee
- Citation Number : TS-645-ITAT-2021(Bang)-TP
- Tax Payer : Rakon India Pvt Ltd
ITAT: Directs ALP determination for oil & gas subcontracting services under CUP, not TNMM
- In Favour of Assessee
- Citation Number : TS-643-ITAT-2021(DDN)-TP
- Tax Payer : Schlumberger Solutions Pvt Ltd
ITAT: Remits capacity adjustment, directs following IKA India principles; Remits IGS for proper disposal of objections
- In Favour of Both, Partially
- Citation Number : TS-639-ITAT-2021(Bang)-TP
- Tax Payer : TE Connectivity India Pvt Ltd
ITAT: Remits imputation of notional interest on outstanding receivables to factor effect of working capital; Upholds guarantee fee of 0.75% -0.80% and LIBOR for loans to AE
- In Favour of Both, Partially
- Citation Number : TS-640-ITAT-2021(PUN)-TP
- Tax Payer : Wockhardt Ltd.