Updates ( 9041 results )

Filters

ITAT: Remits working-capital adjustment for GE BE’s engineering design service division

  • In Favour of Assessee
  • Citation Number : TS-415-ITAT-2020(Bang)-TP
  • Tax Payer : GE BE Pvt Ltd

ITAT: Determines ALP of corporate guarantee fee at 0.5% for Tata Sons; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-412-ITAT-2020(Mum)-TP
  • Tax Payer : Tata Sons Ltd

ITAT:Excludes 6 comparables in Microsoft’s marketing support segment; Grants working-capital adjustment

  • In Favour of Assessee
  • Citation Number : TS-411-ITAT-2020(DEL)-TP
  • Tax Payer : Microsoft Corporation (India) Pvt Ltd

ITAT: Deletes Nivea’s AMP-adjustment, remits foreign-AE’s selection as tested-party; Follows earlier-orders

  • In Favour of Both, Partially
  • Citation Number : TS-410-ITAT-2020(Mum)-TP
  • Tax Payer : Nivea India Private Limited

ITAT: Adopts LIBOR without mark-up for benchmarking interest free AE-loans; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-409-ITAT-2020(Mum)-TP
  • Tax Payer : Oriental Aromatics Ltd

ITAT: Adopts Berry Ratio as PLI for benchmarking freight services, follows earlier-order; Excludes Om Logistics

  • In Favour of Assessee
  • Citation Number : TS-407-ITAT-2020(Mum)-TP
  • Tax Payer : DHL Logistics Pvt Ltd

ITAT: Refuses second innings to AO to appreciate same facts; Deletes management-charges TP-adjustment

  • In Favour of Assessee
  • Citation Number : TS-406-ITAT-2020(DEL)-TP
  • Tax Payer : Volvo Auto (India) Private Limited

ITAT: Excludes 10 comparables for software-development service provider, cites functional dissimilarity, high RPT etc

  • In Favour of Both, Partially
  • Citation Number : TS-405-ITAT-2020(Bang)-TP
  • Tax Payer : LG Soft India Pvt Ltd

ITAT:Excludes Axis Integrated Systems providing liasioning services for marketing support provider; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-404-ITAT-2020(Mum)-TP
  • Tax Payer : DSM Nutritional Products India Pvt Ltd

ITAT:Dismisses appeals citing resolution cost contribution allocation ALP under India-US MAP

  • In Favour of Both, Partially
  • Citation Number : TS-403-ITAT-2020(Mum)-TP
  • Tax Payer : Dresser-Rand India Private Limited

ITAT: Deletes TP-adjustments for BCG India absent prescribed method application u/s 92C; Follows various HC-rulings

  • In Favour of Both, Partially
  • Citation Number : TS-402-ITAT-2020(Mum)-TP
  • Tax Payer : The Boston Consulting Group (India) Pvt Ltd

ITAT: Deletes AMP-adjustment following precedents; Rules on comparables, stresses on FAR-analysis importance

  • In Favour of Both, Partially
  • Citation Number : TS-401-ITAT-2020(Mum)-TP
  • Tax Payer : Colgate – Palmolive (India) Ltd

ITAT: Deletes TP-adjustment on exports; Volume difference in AE, non-AE sales makes comparison unfair

  • In Favour of Assessee
  • Citation Number : TS-400-ITAT-2020(Mum)-TP
  • Tax Payer : Perstorp Chemicals India Pvt Ltd

ITAT:Deletes AMP-adjustment for Xerox India; Rejects Revenue’s attempt to distinguish earlier order

  • In Favour of Assessee
  • Citation Number : TS-399-ITAT-2020(DEL)-TP
  • Tax Payer : Xerox India Ltd

ITAT:SDT reference to TPO bad in law, considering Sec.92BA(i) 'omission'; Follows Raipur Steel

  • In Favour of Assessee
  • Citation Number : TS-397-ITAT-2020(GAU)-TP
  • Tax Payer : Shivani Ispatand Rolling Mill (P) Ltd

ITAT:Quashes TPO-reference for SDT considering Sec 92BA(i) 'omission'; Follows Raipur Steel ruling

  • In Favour of Assessee
  • Citation Number : TS-396-ITAT-2020(GAU)-TP
  • Tax Payer : Shree Shai Smelters (I) Ltd

ITAT: Confirms TP-adjustment deletion rejecting re-characterization of share application money as AE-loan

  • In Favour of Assessee
  • Citation Number : TS-395-ITAT-2020(Mum)-TP
  • Tax Payer : Voltas Limited

ITAT:No interest-adjustment if assessee's genuineness on share-application money refund established

  • In Favour of Both, Partially
  • Citation Number : TS-394-ITAT-2020(Mum)-TP
  • Tax Payer : VVF Limited

ITAT: Deletes TP-adjustment on AE-receivables considering non-charging of interest from AE, non-AE uniformly

  • In Favour of Assessee
  • Citation Number : TS-393-ITAT-2020(Mum)-TP
  • Tax Payer : S Vinodkumar Diamonds Pvt Ltd

ITAT:Applies approach, basis and conclusion in subsequent years’ APA, absent differences in FAR

  • In Favour of Assessee
  • Citation Number : TS-392-ITAT-2020(DEL)-TP
  • Tax Payer : Metal One Corporation India Pvt Ltd