Updates ( 9031 results )
ITAT: Deletes TP adjustment made basis AEs as comparables; Follows Tecnimont
- In Favour of Assessee
- Citation Number : TS-596-ITAT-2021(HYD)-TP
- Tax Payer : Corteva Agriscience Services India Private Limited
ITAT: Directs segregation of ALP-determination for Contract Software Development and ITeS segments; follows precedent
- In Favour of Assessee
- Citation Number : TS-595-ITAT-2021(DEL)-TP
- Tax Payer : Orange Business Services India Solutions Pvt Ltd
ITAT: Upholds application of internal TNMM as MAM to determine ALP of ITES, follows precedents
- In Favour of Assessee
- Citation Number : TS-594-ITAT-2021(Bang)-TP
- Tax Payer : e4e Business Solutions India Pvt. Ltd
ITAT: Grants working-capital adjustment, Denies risk-adjustment, Rules on comparables for SWD segment; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-590-ITAT-2021(Bang)-TP
- Tax Payer : Capco Technologies Pvt Ltd
ITAT: Deletes Bausch & Lomb’s bright-line based AMP adjustment, Follows precedents, absent contradictory facts
- In Favour of Assessee
- Citation Number : TS-591-ITAT-2021(DEL)-TP
- Tax Payer : Bausch & Lomb India Pvt Ltd
ITAT: Upholds CIT(A)'s deletion of TP adjustments; Draft order not passed in second round of proceedings
- In Favour of Assessee
- Citation Number : TS-588-ITAT-2021(DEL)-TP
- Tax Payer : Nokia India Pvt Ltd
ITAT: Remits determination of DAPE existence for a Japanese Sogo-Sosha entity; AO to verify documentary-evidence
- In Favour of Both, Partially
- Citation Number : TS-589-ITAT-2021(DEL)-TP
- Tax Payer : ITOCHU Corporation
ITAT: Upholds TNMM over CUP for Sumitomo’s indenting commission; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-586-ITAT-2021(DEL)-TP
- Tax Payer : Sumitomo Corporation India P. Ltd
HC: Dismisses Revenue's appeal against comparables' selection; Fact-finding by ITAT not perverse
- In Favour of Assessee
- Citation Number : TS-584-HC-2021(BOM)-TP
- Tax Payer : LIIP Advisory India Pvt. Ltd
ITAT: Deletes/ restricts royalty rate to 0.75% & corporate guarantee fee to 0.30% for Dabur, Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-585-ITAT-2021(DEL)-TP
- Tax Payer : Dabur India Ltd
ITAT: Revisionary powers not exercisable against void final assessment order passed sans draft order; Follows precedents
- In Favour of Assessee
- Citation Number : TS-582-ITAT-2021(Kol)-TP
- Tax Payer : Manorama Devi Jaiswal
ITAT: Restores ALP determination for export of rice to AEs, Follows precedent
- In Favour of Both, Partially
- Citation Number : TS-583-ITAT-2021(DEL)-TP
- Tax Payer : TRL Riceland Pvt. Ltd
ITAT: Remits TP-adjustment w.r.t purchase of formulations made on account of difference in ALP
- In Favour of Both, Partially
- Citation Number : TS-399-ITAT-2013(DEL)-TP
- Tax Payer : Eli Lilly & Co (India) Pvt Ltd
ITAT: Excludes functionally dissimilar companies for captive software service provider; follows precedents
- In Favour of Both, Partially
- Citation Number : TS-577-ITAT-2021(Bang)-TP
- Tax Payer : LG Soft India P. Ltd
ITAT: Excludes functionally dissimilar KPO companies for ITES provider; Holds foreign exchange fluctuation as ‘operating’
- In Favour of Assessee
- Citation Number : TS-579-ITAT-2021(DEL)-TP
- Tax Payer : Future First Info. Services Pvt. Ltd
ITAT: Restores Timex’s AMP-adjustment, directs consistency with SC's directions on pending matters
- In Favour of Both, Partially
- Citation Number : TS-578-ITAT-2021(DEL)-TP
- Tax Payer : Timex Group India Limited
ITAT: Deletes twin TP-adjustment on payment of export commission and export royalty; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-575-ITAT-2021(DEL)-TP
- Tax Payer : Honda Motorcycle and Scooter India Private Limited
ITAT: Rejects aggregated TNMM approach for royalty, directs application of external-CUP; rules on various IGS
- In Favour of Both, Partially
- Citation Number : TS-574-ITAT-2021(DEL)-TP
- Tax Payer : Johnson Matthey India P. Ltd
ITAT: Excludes functionally dissimilar comparables, Upholds unobjected margin qua 1st round of appellate proceedings
- In Favour of Both, Partially
- Citation Number : TS-571-ITAT-2021(DEL)-TP
- Tax Payer : Fiserv CE Private Limited
ITAT: Adjudicates on IT & ITES comparables; Remits issues wrt working-capital adjustment and provisions written-back
- In Favour of Both, Partially
- Citation Number : TS-569-ITAT-2021(Bang)-TP
- Tax Payer : First Advantage Global Operating Centre Pvt Ltd (Formerly known as First Advantage Offshore Services Pvt. Ltd.,)