Updates ( 9041 results )

Filters

ITAT: Includes AMP-spend and excludes outward freight for ALP-computation of imports under RPM

  • In Favour of Assessee
  • Citation Number : TS-694-ITAT-2020(DEL)-TP
  • Tax Payer : Michelin India Pvt Ltd (Formerly known as Michelin India Tyres Pvt.Ltd.)

ITAT: Corporate guarantee not an international transaction pre-2012, deletes TP-adjustment thereon

  • In Favour of Assessee
  • Citation Number : TS-693-ITAT-2020(HYD)-TP
  • Tax Payer : Vivimed Labs Limited

ITAT: AO s final-order passed without incorporating DRP's directions, bad in law; Follows Flextronics ruling

  • In Favour of Assessee
  • Citation Number : TS-692-ITAT-2020(Bang)-TP
  • Tax Payer : Xchnging Solutions Limited

ITAT: Excludes 3 comparables for ITES-provider citing functional dissimilarity, outsourcing model; Follow precedents

  • In Favour of Assessee
  • Citation Number : TS-689-ITAT-2020(Mum)-TP
  • Tax Payer : Dimension Data India Limited

ITAT: Deletes TP-adjustment on interest on outstanding-receivables, rules on comparables; Follows precedents

  • In Favour of Both, Partially
  • Citation Number : TS-688-ITAT-2020(DEL)-TP
  • Tax Payer : Bechtel India Pvt Ltd

ITAT: Excludes 4 comparables for Software developer citing functional dissimilarity and extraordinary events

  • In Favour of Assessee
  • Citation Number : TS-687-ITAT-2020(PUN)-TP
  • Tax Payer : eGain Communications Pvt Ltd

ITAT: Deletes ALP adjustment on royalty payments made to US parent; Upholds CIT(A) order

  • In Favour of Assessee
  • Citation Number : TS-686-ITAT-2020(DEL)-TP
  • Tax Payer : Expeditors International (India) Pvt Ltd

ITAT: Dealing with an issue in a particular manner does not tantamount to non-adjudication; Dismisses assessee s MA

  • In Favour of Assessee
  • Citation Number : TS-685-ITAT-2020(Bang)-TP
  • Tax Payer : Abbott Medical Optics Pvt. Ltd

HC: Dismisses assessee s appeal as academic considering subsequent favorable order passed by assessing authority

  • In Favour of Assessee
  • Citation Number : TS-684-HC-2020(KAR)-TP
  • Tax Payer : Toyota Kirloskar Motor(P) LTD

ITAT: Rules on comparables-selection for Software developer and ITES-provider; Treats forex fluctuations as operating

  • In Favour of Both, Partially
  • Citation Number : TS-683-ITAT-2020(Bang)-TP
  • Tax Payer : Inmobi Technologies Pvt Ltd

ITAT: Excludes 4 comparables for software-service provider; Follows Sharp Software Development ruling

  • In Favour of Assessee
  • Citation Number : TS-679-ITAT-2020(Bang)-TP
  • Tax Payer : NTT Data Global Delivery Services Pvt Ltd (Formerly Keane India Limited)

ITAT: Admits Software-developer's additional ground on comparables-selection; Remits 2, includes 1 as comparables

  • In Favour of Assessee
  • Citation Number : TS-678-ITAT-2020(Bang)-TP
  • Tax Payer : Huawei Technologies India Pvt Ltd

ITAT: Rejects TPO s treatment of OCD/CCD as Equity Share Capital; Remits interest ALP determination

  • In Favour of Assessee
  • Citation Number : TS-677-ITAT-2020(PUN)-TP
  • Tax Payer : Amanora Future Towers Pvt Ltd

ITAT: Treats forex gain as operating; Excludes Infosys BPO, TCS e-Serve for ITES-provider

  • In Favour of Assessee
  • Citation Number : TS-675-ITAT-2020(Bang)-TP
  • Tax Payer : Fidelity Business Services India Pvt Ltd

ITAT: Deletes TP-adjustment on brokerage commission and brand fees; Follows earlier-orders

  • In Favour of Assessee
  • Citation Number : TS-674-ITAT-2020(Mum)-TP
  • Tax Payer : CLSA India Ltd

ITAT: Deletes TP adjustment on freight receipts and expenses; Follows earlier orders

  • In Favour of Assessee
  • Citation Number : TS-672-ITAT-2020(Mum)-TP
  • Tax Payer : Agility Logistics Private Limited

ITAT: Remits TP-analysis done without appreciating assessee's business model; Follows subsequent AY-order

  • In Favour of Assessee
  • Citation Number : TS-671-ITAT-2020(Bang)-TP
  • Tax Payer : Trianz Holdings Pvt Ltd

ITAT: Allows assessee s MA, modifies order w.r.t TP issues on AMP-adjustment, functional characterization etc

  • In Favour of Assessee
  • Citation Number : TS-669-ITAT-2020(DEL)-TP
  • Tax Payer : Honda R & D (India) Pvt Ltd

ITAT: Rules on selection of comparables for ITES-provider; Allows +/- 5 range benefit

  • In Favour of Both, Partially
  • Citation Number : TS-668-ITAT-2020(DEL)-TP
  • Tax Payer : Genpact India Private Limited (Earlier known as Empower Research knowledge Services Pvt. Ltd.)

ITAT: Adopts RPM for trading activities without value addition; Rejects aggregated benchmarking under TNMM

  • In Favour of Assessee
  • Citation Number : TS-665-ITAT-2020(Bang)-TP
  • Tax Payer : Textron India Pvt Ltd