Updates ( 9041 results )
ITAT: Excludes 4 comparables for software-developer; Remits assessee’s cost allocation basis plea
- In Favour of Assessee
- Citation Number : TS-510-ITAT-2020(Bang)-TP
- Tax Payer : Enstage Software Pvt Ltd
ITAT: Assessee can contest comparables included in TP-study; Distinguishes Revenue’s reliance on E-Valueserve SEZ-ruling
- In Favour of Both, Partially
- Citation Number : TS-509-ITAT-2020(Bang)-TP
- Tax Payer : TRX Technologies India Pvt Ltd
ITAT: Rejects re-characterization of distribution fee paid by channel-distributor as royalty; Follows earlier-order
- In Favour of Both, Partially
- Citation Number : TS-508-ITAT-2020(Mum)-TP
- Tax Payer : Sony Pictures Networks India Private Limited (Successor of MSM Discovery Private Limited)
ITAT:Holds depreciation as operating-expense for R&D segment considering interlink with manufacturing segment
- In Favour of Both, Partially
- Citation Number : TS-506-ITAT-2020(Bang)-TP
- Tax Payer : Sigma Aldrich Chemicals Pvt Ltd
ITAT: Excludes selling & distribution expenses and AE-grant from AMP expenses; Restricts TP-adjustment
- In Favour of Assessee
- Citation Number : TS-505-ITAT-2020(DEL)-TP
- Tax Payer : Haier Appliances India Pvt Ltd
ITAT:Deletes TP-adjustment on management and license-fee payments citing higher margins than comparables under TNMM
- In Favour of Assessee
- Citation Number : TS-504-ITAT-2020(Bang)-TP
- Tax Payer : Adcock Ingram Limited
ITAT: No mark-up warranted on 'pass-through costs' sans value addition; Deletes TP-adjustment on reimbursements
- In Favour of Assessee
- Citation Number : TS-503-ITAT-2020(DEL)-TP
- Tax Payer : Vedanta Ltd
ITAT:AMP-expenditure not international transaction, deletes TP-adjustment for manufacturer cum distributor; Follows earlier-order
- In Favour of Assessee
- Citation Number : TS-502-ITAT-2020(Mum)-TP
- Tax Payer : Mattel Toys (India) Pvt Ltd
ITAT: Excludes Infosys, ‘company-size’ matters for comparability; Holds goodwill- amortization as non-operating in nature
- In Favour of Assessee
- Citation Number : TS-500-ITAT-2020(Mum)-TP
- Tax Payer : Symantec Software Solutions Pvt Ltd
ITAT: Excludes Excel Infoways for IT & quality assurance/ support services provider; Follows earlier-order
- In Favour of Assessee
- Citation Number : TS-499-ITAT-2020(Mum)-TP
- Tax Payer : M Model Global Services Pvt Ltd (Known as Aquity Solutions India Pvt. Ltd.)
ITAT: Rejects Sec 10A-deduction denial treating assessee as 'call-center', contrary to TPO's classification as ITES-provider
- In Favour of Assessee
- Citation Number : TS-498-ITAT-2020(DEL)-TP
- Tax Payer : Midland Credit Management India Pvt Ltd
ITAT:Accepts assessee’s RPM for distribution segment; Rules on comparables for ITeS segment
- In Favour of Assessee
- Citation Number : TS-497-ITAT-2020(Bang)-TP
- Tax Payer : Element 14 India Pvt Ltd
ITAT: Excludes comparables following own-orders for earlier years absent challenge before higher forum
- In Favour of Assessee
- Citation Number : TS-496-ITAT-2020(DEL)-TP
- Tax Payer : GE India Business Services Private Limited
ITAT:Deletes TP-adjustment on RBI approved royalty payment; Excludes Govt. undertaking as comparable
- In Favour of Assessee
- Citation Number : TS-495-ITAT-2020(Mum)-TP
- Tax Payer : Thyssenkrupp Industries India Pvt Ltd
ITAT: Accepts assessee's CUP over TPO’s TNMM for benchmarking consultancy services
- In Favour of Assessee
- Citation Number : TS-494-ITAT-2020(DEL)-TP
- Tax Payer : Towers Watson India Ltd
ITAT: Holds corporate-guarantee an international-transaction; Limits commission to extent of facility actually availed
- In Favour of Both, Partially
- Citation Number : TS-493-ITAT-2020(Mum)-TP
- Tax Payer : Associated Capsules Pvt Ltd
ITAT: Excludes companies engaged in merchant banking, marketing/distribution activities for investment-advisor; Follows precedents
- In Favour of Assessee
- Citation Number : TS-492-ITAT-2020(Mum)-TP
- Tax Payer : Goldman Sachs Asset Management (India) Pvt Ltd
ITAT: Accepts comparable prices from TIPS Database under CUP method for chemical imports; Follows earlier-orders
- In Favour of Assessee
- Citation Number : TS-491-ITAT-2020(Mum)-TP
- Tax Payer : Dow Chemical International Pvt Ltd
ITAT:Assessee dependent on AE-employees for running business; Deletes TP-adjustment w.r.t support-services payment
- In Favour of Assessee
- Citation Number : TS-490-ITAT-2020(DEL)-TP
- Tax Payer : B G India Energy Solutions P Ltd
ITAT: Deletes interest-adjustment on money advanced for shares allotted within 6 months; Follows precedents
- In Favour of Assessee
- Citation Number : TS-488-ITAT-2020(Mum)-TP
- Tax Payer : Essar Power Limited