Updates ( 9041 results )
ITAT:Deletes TP-adjustment on loan to domestic group entity rejecting Sec.92B(2) invocation; Follows precedent
- In Favour of Assessee
- Citation Number : TS-462-ITAT-2020(Mum)-TP
- Tax Payer : Regus Business Centre Private Limited
ITAT: Excludes 5 functionally dissimilar comparables; Remits incorrect margin computation plea
- In Favour of Assessee
- Citation Number : TS-461-ITAT-2020(DEL)-TP
- Tax Payer : Dassault Systems India Private Ltd
ITAT: Deletes Samsung India’s AMP-adjustment; Rejects Revenue’s treatment of reimbursement as ‘excessive’ AMP
- In Favour of Both, Partially
- Citation Number : TS-460-ITAT-2020(DEL)-TP
- Tax Payer : Samsung India Electronics Pvt Ltd
ITAT: Rejects ad-hoc determination of ALP for intra-group services, remits matter
- In Favour of Assessee
- Citation Number : TS-459-ITAT-2020(Mum)-TP
- Tax Payer : CLSA India Private Ltd [Formerly known as CLSA India Ltd.]
ITAT:Rejects DRP’s LIBOR adoption to benchmark FCCD denominated in INR; Follows Cotton Naturals
- In Favour of Assessee
- Citation Number : TS-458-ITAT-2020(DEL)-TP
- Tax Payer : Assotech Moonshine Urban Developers Pvt Ltd
ITAT: Excludes TCS e-Serve and Infosys BPO citing brand value and high turnover for ITeS-provider
- In Favour of Assessee
- Citation Number : TS-456-ITAT-2020(DEL)-TP
- Tax Payer : Integreon (India) Pvt Ltd
ITAT: Characterizes assessee as software development and ITeS provider; Rules on comparables
- In Favour of Both, Partially
- Citation Number : TS-455-ITAT-2020(DEL)-TP
- Tax Payer : Fiserv India Pvt Ltd
ITAT: Allows working-capital adjustment on actuals; Rules on comparables
- In Favour of Assessee
- Citation Number : TS-454-ITAT-2020(Bang)-TP
- Tax Payer : SAP labs India Private Limited (successor in interest of erstwhile M/s. Success Factors Business Solutions India Private Limited
ITAT: Upholds KPO-BPO services distinction following Maersk-ruling; Rejects Revenue’s CBDT Circular reliance
- In Favour of Both, Partially
- Citation Number : TS-453-ITAT-2020(Bang)-TP
- Tax Payer : State Street Services (India) Pvt Ltd
ITAT: Excludes functionally-dissimilar and risk bearing TCS e-Serve for back-office support service provider
- In Favour of Assessee
- Citation Number : TS-452-ITAT-2020(DEL)-TP
- Tax Payer : Louis Dreyfus Commodities India Pvt Ltd
ITAT: Dismisses Revenue’s appeal as infructuous in view of TP-issues resolved under Unilateral-APA
- In Favour of Assessee
- Citation Number : TS-449-ITAT-2020(Bang)-TP
- Tax Payer : Citizen Watches (India) Pvt Ltd
ITAT:Holds TNMM as MAM for herbal products exporter; Remits capacity, risk adjustments
- In Favour of Assessee
- Citation Number : TS-448-ITAT-2020(Bang)-TP
- Tax Payer : Sami Labs Limited
ITAT: Deletes TP-adjustment on reimbursement on account of testing charges; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-447-ITAT-2020(DEL)-TP
- Tax Payer : Marathon Electric India Pvt Ltd
ITAT: Treats domestic revenue, prior period expenses as non-operating; Rules on comparables for ITeS-provider
- In Favour of Both, Partially
- Citation Number : TS-446-ITAT-2020(DEL)-TP
- Tax Payer : Smart Cube India Pvt Ltd
ITAT: Proceedings culminate when draft-order accompanied by demand,penalty notices; Follows precedent
- In Favour of Assessee
- Citation Number : TS-445-ITAT-2020(DEL)-TP
- Tax Payer : Olympus Medical Systems India Pvt Ltd
ITAT: Deletes Sec 271G-penalty for Procter & Gamble entity; Follows ITAT-ruling in sister concern’s case
- In Favour of Assessee
- Citation Number : TS-444-ITAT-2020(Mum)-TP
- Tax Payer : Procter & Gamble Hygiene and Health Care Limited
ITAT: Dismisses Revenue’s appeal as withdrawn considering TP-issues resolution under Unilateral-APA
- In Favour of Assessee
- Citation Number : TS-443-ITAT-2020(Kol)-TP
- Tax Payer : Pricewaterhousecoopers Delivery Centre (Kolkata) Pvt Ltd
ITAT: Directs treatment of AE-advance as trade-payable for working capital adjustment; Rules on comparables
- In Favour of Both, Partially
- Citation Number : TS-442-ITAT-2020(Bang)-TP
- Tax Payer : Infineon Technologies India Pvt Ltd
ITAT:Holds forex-fluctuation, bank charges, doubtful-debts provision as operating-items, rejects AO’s Safe-Harbour reliance
- In Favour of Assessee
- Citation Number : TS-441-ITAT-2020(DEL)-TP
- Tax Payer : Optum Global Solutions (India) Private Limited (Formerly known as United Health Group Information Services Pvt. Ltd.)
ITAT: Deletes TP-adjustment on outstanding AE-receivables already factored in working capital adjustment
- In Favour of Assessee
- Citation Number : TS-440-ITAT-2020(DEL)-TP
- Tax Payer : EXL Service.com (India) Pvt Ltd