Updates ( 9041 results )
ITAT: Remits TP-issue considering AO/TPO’s erroneous understanding of assessee’s business model
- In Favour of Assessee
- Citation Number : TS-183-ITAT-2020(Bang)-TP
- Tax Payer : Trainz Holdings Pvt Ltd
ITAT: Remits ALP-determination for marketing commission paid to AE; Follows earlier-order
- In Favour of Both, Partially
- Citation Number : TS-182-ITAT-2020(Bang)-TP
- Tax Payer : KMF Infotech Ltd
ITAT: Excludes 3 comparables for ITeS-provider; Cites sales turnover filter failure, extraordinary events, intangibles ownership
- In Favour of Assessee
- Citation Number : TS-181-ITAT-2020(Bang)-TP
- Tax Payer : AON Specialist Services Pvt Ltd
ITAT: Remits ALP-determination of payments made to AE under cost allocation agreement
- In Favour of Assessee
- Citation Number : TS-180-ITAT-2020(PUN)-TP
- Tax Payer : Bekaert Mukand Wire Industries Private Limited
ITAT: Product similarity irrelevant under TNMM; Accepts internal-TNMM for benchmarking AE-sales
- In Favour of Assessee
- Citation Number : TS-178-ITAT-2020(Mum)-TP
- Tax Payer : Isagro (Asia) Agrochemicals Pvt Ltd
ITAT:Remits ALP-determination considering AO's failure to make mandatory TPO-reference as per CBDT Instruction
- In Favour of Assessee
- Citation Number : TS-177-ITAT-2020(Bang)-TP
- Tax Payer : Norwich Clinical Services Pvt Ltd
ITAT: Excludes 2 comparables with huge turnover; Follows Pentair Water India HC-ruling
- In Favour of Assessee
- Citation Number : TS-176-ITAT-2020(PUN)-TP
- Tax Payer : MAN Energy Solutions India Private Limited
ITAT:Excludes Eclerx, Accentia rendering KPO services for carpet designing services-provider
- In Favour of Assessee
- Citation Number : TS-175-ITAT-2020(PUN)-TP
- Tax Payer : Brintons Carpets Asia Pvt Ltd
ITAT:Deletes sec.271AA, 271BA penalty absent AE-relationship, existence of international transactions; Follows ruling in own-case
- In Favour of Assessee
- Citation Number : TS-173-ITAT-2020(Mum)-TP
- Tax Payer : Kaybee Pvt Ltd
ITAT:Deletes TP-adjustment absent AE-relationship; Follows ruling in own-case rejecting Sec.92A application
- In Favour of Assessee
- Citation Number : TS-172-ITAT-2020(Mum)-TP
- Tax Payer : Kaybee Pvt Ltd
ITAT: Remits TP-adjustment on AE-loan; Fixes corporate guarantee ALP at 0.5
- In Favour of Assessee
- Citation Number : TS-169-ITAT-2020(Mum)-TP
- Tax Payer : Godrej Consumer Products Ltd
ITAT: Upholds CIT(A)’s deletion of TP-adjustment on royalty payment; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-168-ITAT-2020(Ahd)-TP
- Tax Payer : Johnson Controls-Hitachi Air Conditioning India Limited [Formerly Known as Hitachi Home & Life Solutions (India) Ltd.]
ITAT: Deletes outstanding AE-receivables TP-adjustment since working capital adjustment allowed; Follows earlier-order
- In Favour of Assessee
- Citation Number : TS-167-ITAT-2020(DEL)-TP
- Tax Payer : Orange Business Services India Solutions Pvt Ltd
ITAT: Excludes 4 comparables for software developer/ITES provider; Cites functional dissimilarity, diverse activities
- In Favour of Assessee
- Citation Number : TS-166-ITAT-2020(Bang)-TP
- Tax Payer : Software Paradigms Infotech Pvt Ltd
ITAT: Dismisses software-developer’s appeal on TP-issues as withdrawn in view of APA resolution
- In Favour of Assessee
- Citation Number : TS-165-ITAT-2020(Bang)-TP
- Tax Payer : JDA Software Private Ltd
ITAT:Quashes final assessment order passed sans draft-order in remand proceedings; Follows precedents
- In Favour of Assessee
- Citation Number : TS-164-ITAT-2020(PUN)-TP
- Tax Payer : AB Sandvik Coromant
ITAT: Remits ALP-determination of corporate service fees; Directs consideration of additional evidence
- In Favour of Both, Partially
- Citation Number : TS-163-ITAT-2020(CHNY)-TP
- Tax Payer : Poclain Hydraulics Pvt Ltd
SC: Dismisses Revenue's SLP on ‘delayed AE-receivables’ issue for Kusum Healthcare citing low-tax effect
- In Favour of Assessee
- Citation Number : TS-162-SC-2020-TP
- Tax Payer : Kusum Healthcare Pvt Ltd
ITAT: Sets aside DRP’s non-speaking order on comparables selection, ALP-determination for contract manufacturer
- In Favour of Both, Partially
- Citation Number : TS-160-ITAT-2020(Bang)-TP
- Tax Payer : TE Connectivity India Pvt Ltd
ITAT: Upholds AMP-adjustment deletion absent existence of agreement with AE; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-159-ITAT-2020(Mum)-TP
- Tax Payer : Kellogg India Private Limited