Updates ( 9041 results )
ITAT: Rectification u/s. 154 of AMP-adjustment already decided by ITAT bad-in-law; Allows Nikon s appeal
- In Favour of Assessee
- Citation Number : TS-664-ITAT-2020(DEL)-TP
- Tax Payer : Nikon India Pvt Ltd
ITAT: Remits ALP-determination of management group cost to TPO; Follows earlier-order
- In Favour of Assessee
- Citation Number : TS-663-ITAT-2020(DEL)-TP
- Tax Payer : Atotech India Pvt Ltd
ITAT: Remits TP-issues considering remand in earlier years and issue pending before lower authorities
- In Favour of Assessee
- Citation Number : TS-662-ITAT-2020(Bang)-TP
- Tax Payer : Wipro GE Healthcare Pvt Ltd
HC: Remits AMP adjustment issue for verification of international transaction existence and ALP-determination
- In Favour of Both, Partially
- Citation Number : TS-661-HC-2020(DEL)-TP
- Tax Payer : YUM RESTAURANTS INDIA PVT LTD
ITAT: Dismisses Revenue s appeal, upholds DRP s rejection of BLT in benchmarking AMP functions
- In Favour of Assessee
- Citation Number : TS-659-ITAT-2020(DEL)-TP
- Tax Payer : Sharp Business Systems (India) Pvt Ltd
ITAT: Upholds CIT(A)-order quashing final assessment order passed without draft order; Follows precedents
- In Favour of Assessee
- Citation Number : TS-657-ITAT-2020(Bang)-TP
- Tax Payer : Tally Solutions Pvt Ltd
ITAT: Grants demand-stay to Sony as impugned AMP-adjustment issue being considered in earlier-AYs
- In Favour of Assessee
- Citation Number : TS-654-ITAT-2020(DEL)-TP
- Tax Payer : Sony India Pvt Ltd
ITAT: Deletes AMP & Royalty adjustments for Himalaya; Adopts TNMM for exports, relies on precedents
- In Favour of Assessee
- Citation Number : TS-653-ITAT-2020(Bang)-TP
- Tax Payer : The Himalaya Drug Company
ITAT: Excludes comparables with high-brand value for BPO-service provider; Treats Forex as operating item
- In Favour of Assessee
- Citation Number : TS-652-ITAT-2020(Bang)-TP
- Tax Payer : Global e-Business Operations Pvt Ltd
ITAT: Rejects Govt. companies as comparables; Deletes interest-adjustment on outstanding AE-receivables
- In Favour of Assessee
- Citation Number : TS-651-ITAT-2020(DEL)-TP
- Tax Payer : FieldCore Service Solutions International India Pvt Ltd (Erstwhile known as Granite Pvt. Ltd.)
ITAT: Rules on comparables for engineering-design services segment, includes comparables suo-moto rejected by DRP
- In Favour of Both, Partially
- Citation Number : TS-650-ITAT-2020(Bang)-TP
- Tax Payer : GE BE Pvt Ltd
ITAT: Excludes 4 comparables citing high turnover, functional dissimilarity, extraordinary events for ITES-provider
- In Favour of Assessee
- Citation Number : TS-649-ITAT-2020(Bang)-TP
- Tax Payer : Outsource Partners International Pvt Ltd
ITAT: Restricts TP-adjustment on AE-loan to higher of LIBOR and assessee s rate of interest
- In Favour of Assessee
- Citation Number : TS-648-ITAT-2020(Bang)-TP
- Tax Payer : Trianz Holdings Pvt Ltd
ITAT:Allows assessee s MP; Rectifies mistakes w.r.t comparables selection and excludes Sasken Communication
- In Favour of Assessee
- Citation Number : TS-646-ITAT-2020(Bang)-TP
- Tax Payer : CGI Information Systems and Management Consultants Pvt Ltd (Successor-in-interest to Logica Pvt. Ltd.,)
ITAT: Delay in realization of AE-receivable beyond credit-period, indirect funding to AE, upholds TP-adjustment
- In Favour of Both, Partially
- Citation Number : TS-645-ITAT-2020(HYD)-TP
- Tax Payer : Albany Molecular Research Hyderabad Research Center Private Limited
ITAT: Remits selection of tested party, stresses on simplicity of functional profile
- In Favour of Assessee
- Citation Number : TS-644-ITAT-2020(DEL)-TP
- Tax Payer : Minda Furukawa Electric Pvt Ltd
ITAT: Accepts RPM over TNMM as MAM for AE-purchases; Upholds interest-imputation on outstanding AE-receivables
- In Favour of Both, Partially
- Citation Number : TS-643-ITAT-2020(Mum)-TP
- Tax Payer : Commvault Systems (India) Pvt Ltd
ITAT: Permits appeal withdrawal on TP-grounds considering contemplation to settle dispute under VsVS and MAP-resolution
- In Favour of Assessee
- Citation Number : TS-638-ITAT-2020(DEL)-TP
- Tax Payer : NTT DATA Global Delivery Services Private
ITAT: Interest on AE-receivables subsumed in working capital adjustment; Deletes TP-adjustment following precedents
- In Favour of Assessee
- Citation Number : TS-637-ITAT-2020(HYD)-TP
- Tax Payer : Hexagon Capability Center India Private Limited
ITAT: Adopts CUP for ITeS rejecting TPO s TNMM; Modification in agreement irrelevant for MAM-selection
- In Favour of Assessee
- Citation Number : TS-636-ITAT-2020(HYD)-TP
- Tax Payer : iMedX Information Services Private Limited