Updates ( 9041 results )
ITAT: AMP not international transaction, follows Maruti Suzuki; Remits other issues
- In Favour of Assessee
- Citation Number : TS-148-ITAT-2021(Mum)-TP
- Tax Payer : Johnson & Johnson (P.) Ltd
ITAT: Deletes TP-adjustment on corporate fees paid by Rolls Royce; Follows earlier-order
- In Favour of Assessee
- Citation Number : TS-149-ITAT-2021(Mum)-TP
- Tax Payer : Rolls Royce Marine India Pvt Ltd
ITAT: Deletes TP-adjustment on RSU; Takes cognizance of TP-documentation maintained for other payments
- In Favour of Assessee
- Citation Number : TS-142-ITAT-2021(Mum)-TP
- Tax Payer : Sulzer Pumps India Limited
HC: Quashes assessment order passed beyond 1 year post ITAT-remand, time-barred u/s.153(2A)
- In Favour of Assessee
- Citation Number : TS-143-HC-2021(MAD)-TP
- Tax Payer : Freight Systems (India) Pvt. Ltd
ITAT: Dismisses MA on outstanding receivables; AE's access to assessee's reserves akin to loans
- In Favour of Revenue
- Citation Number : TS-145-ITAT-2021(DEL)-TP
- Tax Payer : Techbooks International Pvt Ltd
ITAT: Upholds re-characterisation of reimbursement as provision of intra-group services; Remits determination of mark-up
- In Favour of Revenue
- Citation Number : TS-138-ITAT-2021(Bang)-TP
- Tax Payer : Tata Coffee Limited
ITAT: Deletes TP-addition on account of various guarantees; Follows earlier-orders
- In Favour of Both, Partially
- Citation Number : TS-139-ITAT-2021(Mum)-TP
- Tax Payer : KEC International Ltd
ITAT: Rules on comparables for software, marketing support-services segments; Remits outstanding AE-receivables TP-adjustment
- In Favour of Both, Partially
- Citation Number : TS-140-ITAT-2021(Bang)-TP
- Tax Payer : Salesforce.com India Private Limited
ITAT: Upholds relevance of turnover filter, allows risk adjustment; Rules on comparables and outstanding receivables
- In Favour of Assessee
- Citation Number : TS-141-ITAT-2021(Bang)-TP
- Tax Payer : Zynga Game Network India Pvt Ltd
HC: Dismisses Revenue’s appeal on TP issues, cites tax effect less than 1 crore
- In Favour of Assessee
- Citation Number : TS-769-HC-2020(MAD)-TP
- Tax Payer : Flow Link Systems P. Ltd
ITAT: Remits benchmarking of interest on outstanding AE receivables using LIBOR; Follows Avenue Asia Ruling
- In Favour of Assessee
- Citation Number : TS-134-ITAT-2021(Bang)-TP
- Tax Payer : ISG Novasoft Technologies Ltd
ITAT: Deletes TP-adjustment on interest on AE-receivables; Rules on exclusion of comparables
- In Favour of Assessee
- Citation Number : TS-135-ITAT-2021(HYD)-TP
- Tax Payer : Progress Software Development Private Limited
ITAT: Deletes twin TP-adjustment on royalty and technical service payments; disregards TPO's benefit-test
- In Favour of Assessee
- Citation Number : TS-136-ITAT-2021(HYD)-TP
- Tax Payer : Agro Tech Foods Limited
ITAT: Distinguishes between after-sales exports and sourcing-service exports; rejects aggregated internal TNMM approach
- In Favour of Both, Partially
- Citation Number : TS-137-ITAT-2021(PUN)-TP
- Tax Payer : Piaggio Vehicles Pvt Ltd
ITAT: Dismisses Revenue appeal, upholds LIBOR+2% rate to benchmark interest-free AE advances; follows prior year rulings
- In Favour of Assessee
- Citation Number : TS-132-ITAT-2021(Mum)-TP
- Tax Payer : Aurionpro Solutions Ltd
ITAT: Dismisses assessee’s appeal on TP issues in view of APA resolution
- In Favour of Assessee
- Citation Number : TS-131-ITAT-2021(DEL)-TP
- Tax Payer : Geodis Overseas Pvt Ltd
ITAT: Confirms TP-adjustment qua interest on loan; treats forex as operating-item; rules on selection of various comparables
- In Favour of Both, Partially
- Citation Number : TS-133-ITAT-2021(Ahd)-TP
- Tax Payer : GHCL Ltd
ITAT: Excludes comparables citing unavailability of segmental-results/ failure on quantitive-filters; Remits incorrect margin computation
- In Favour of Assessee
- Citation Number : TS-128-ITAT-2021(Mum)-TP
- Tax Payer : MWH INDIA PVT LTD
ITAT: Remits ALP determination for royalty payment following co-ordinate bench ruling in assessee's own case
- In Favour of Both, Partially
- Citation Number : TS-129-ITAT-2021(Mum)-TP
- Tax Payer : Mahindra Heavy Engines Ltd
ITAT: Rules on selection of comparables for assessee engaged in manufacture of automotives; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-130-ITAT-2021(Bang)-TP
- Tax Payer : Meritor CVS India (P) Ltd