Updates ( 9041 results )
HC: Dismisses working-cap & risk adjustments plea absent substantial question of law; Rules on comparables
- In Favour of Assessee
- Citation Number : TS-709-HC-2020(MAD)-TP
- Tax Payer : Visual Graphics Computing Services (India) Pvt Ltd
ITAT: Issuance of Corporate Guarantee ‘shareholder activity’, follows Micro Ink; Deletes TP adjustment
- In Favour of Assessee
- Citation Number : TS-9-ITAT-2021(Ahd)-TP
- Tax Payer : AIA Engineering Ltd
ITAT: Holds LIBOR+170bps as ALP for AE-loans; Follows earlier orders
- In Favour of Assessee
- Citation Number : TS-8-ITAT-2021(DEL)-TP
- Tax Payer : Aithent Technologies Pvt Ltd
ITAT: Rules on comparable selection for ITES-provider citing extraordinary events, functional dissimilarity; follows precedents
- In Favour of Both, Partially
- Citation Number : TS-6-ITAT-2021(Bang)-TP
- Tax Payer : Digicaptions India Pvt Ltd
ITAT: Rejects negative working-capital adjustment plea, upholds exclusion of 2 comparables for ITES-provider
- In Favour of Assessee
- Citation Number : TS-708-ITAT-2020(Bang)-TP
- Tax Payer : E4E Business Solutions India Pvt Ltd
ITAT: Deletes AMP, Royalty adjustments following precedents; Holds TNMM as MAM for exports
- In Favour of Assessee
- Citation Number : TS-707-ITAT-2020(Bang)-TP
- Tax Payer : Himalaya Drug Company
ITAT: Rejects entity level margins comparison under TNMM, directs adoption of segmental profits
- In Favour of Both, Partially
- Citation Number : TS-5-ITAT-2021(Bang)-TP
- Tax Payer : GXS India Technology Centre Pvt Ltd
ITAT: Excludes 3 and Includes one comparable for software-developer; Follows precedents
- In Favour of Assessee
- Citation Number : TS-4-ITAT-2021(Bang)-TP
- Tax Payer : Meritor CVS India (P) Ltd
ITAT: Allows working capital adjustment on actual basis; Rules on comparable selection, follows precedents
- In Favour of Assessee
- Citation Number : TS-3-ITAT-2021(Bang)-TP
- Tax Payer : Maxim India Integrated Circuit Design Pvt Ltd
SC: Dismisses Revenue s SLP on grounds of delay; HC upheld ITAT s comparables selection for ITeS-provider
- In Favour of Assessee
- Citation Number : TS-2-SC-2021-TP
- Tax Payer : Evalueserve Com Pvt Ltd
ITAT: Rules on comparable selection for Software- developer; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-1-ITAT-2021(Bang)-TP
- Tax Payer : ABB Global Industries & Services Ltd
ITAT: No separate adjustment for overdue receivables from AE if TNMM is MAM
- In Favour of Assessee
- Citation Number : TS-705-ITAT-2020(CHNY)-TP
- Tax Payer : Gimpex Pvt Ltd [Formerly known as GIMPEX Ltd.]
ITAT: Software distributors comparable to distributor of TV channels; Follows precedents
- In Favour of Assessee
- Citation Number : TS-704-ITAT-2020(Mum)-TP
- Tax Payer : Sermed Services India Pvt Ltd., Formerly known as Star Den Media Services P. Ltd
ITAT: No further profit attribution to alleged-PE if commission paid is at arm's length
- In Favour of Assessee
- Citation Number : TS-703-ITAT-2020(Mum)-TP
- Tax Payer : NGC Network Asia LLC
ITAT: Includes ICRA Online for assessee s business facilitation services; Follows precedents
- In Favour of Assessee
- Citation Number : TS-704-ITAT-2020(Mum)-TP
- Tax Payer : Basell Polyolefins India Private Ltd
ITAT: Outstanding receivables from AE, international transaction, to be benchmarked at LIBOR + 200 bps
- In Favour of Both, Partially
- Citation Number : TS-702-ITAT-2020(CHNY)-TP
- Tax Payer : Serviont Global Solutions Ltd
ITAT: Holds outstanding AE-receivables as international transaction, adopts Libor+ for ALP-computation; Rules on comparables
- In Favour of Both, Partially
- Citation Number : TS-700-ITAT-2020(HYD)-TP
- Tax Payer : ADP Private Ltd
ITAT: Rules on comparable selection for SWD and market support services segment; Follows precedents
- In Favour of Assessee
- Citation Number : TS-699-ITAT-2020(Bang)-TP
- Tax Payer : VMWARE SOFTWARE INDIA PVT LTD
ITAT: Includes Mubea Suspension as not persistent loss making; Assessee eligible for working-cap adjustment
- In Favour of Assessee
- Citation Number : TS-696-ITAT-2020(Bang)-TP
- Tax Payer : Inteva Products India Automotive Private Limited
ITAT: Quashes assessment-order framed on basis of TP-order passed in name of non-existent entity
- In Favour of Assessee
- Citation Number : TS-695-ITAT-2020(DEL)-TP
- Tax Payer : VEDANTA LIMITED (Successor to M/s. Cairn India Ltd.)