Updates ( 9046 results )
ITAT: Excludes 6 comparables for IT/ITeS-provider citing functional dissimilarity, fluctuating margins; Follows precedents
- In Favour of Assessee
- Citation Number : TS-815-ITAT-2019(PUN)-TP
- Tax Payer : BMC Software India Private Limited
ITAT:Upholds CIT(A)-order rejecting TPO’s re-characterization of equity investment in Cyprus-AE as loan
- In Favour of Assessee
- Citation Number : TS-814-ITAT-2019(Kol)-TP
- Tax Payer : Philips Carbon Black Ltd
ITAT:Quashes final assessment order passed sans draft-order; Follows Zuari, Nokia rulings
- In Favour of Assessee
- Citation Number : TS-813-ITAT-2019(Mum)-TP
- Tax Payer : HSBC Invest Direct Securities (I) P Ltd
ITAT:Upholds TP-adjustment deletion on management fees, rejecting TPO’s shareholders’ activities allegation
- In Favour of Assessee
- Citation Number : TS-811-ITAT-2019(Kol)-TP
- Tax Payer : Apollo Gleneagles Hospitals Ltd
ITAT: Rules on comparables in software development & sales support segments; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-810-ITAT-2019(PUN)-TP
- Tax Payer : BMC Software India Private Limited
ITAT: Allows Sec.10AA deduction rejecting AO’s higher TP-margins reasoning; Remits TP-adjustment on intra-group services
- In Favour of Both, Partially
- Citation Number : TS-809-ITAT-2019(PUN)-TP
- Tax Payer : Honeywell Automation India Limited
ITAT:Deletes TP-addition on HO-expenses allocation for Indian branch absent claim in tax-return
- In Favour of Assessee
- Citation Number : TS-808-ITAT-2019(Mum)-TP
- Tax Payer : Bank of Bahrain and Kuwait
ITAT: Upholds CIT(A)’s concealment penalty deletion over MAM selection TP-dispute
- In Favour of Assessee
- Citation Number : TS-806-ITAT-2019(Mum)-TP
- Tax Payer : Hilti Manufacturing India Pvt Ltd (Previously know as Bhukhanwala Diamond Systems Pvt. Ltd.)
ITAT:Remits comparables selection; Onus on assessee to demonstrate functional similarity with cogent material
- In Favour of Both, Partially
- Citation Number : TS-805-ITAT-2019(Mum)-TP
- Tax Payer : MX Systems International Private Ltd
ITAT: Excludes 1, includes 1 and remits 5 comparables for ITeS-provider; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-804-ITAT-2019(Bang)-TP
- Tax Payer : Kennametal Shared Services Private Limited
ITAT: Adopts external TNMM for manufacturer/trader of kitchen appliances; Rules on comparable-selection
- In Favour of Both, Partially
- Citation Number : TS-803-ITAT-2019(PUN)-TP
- Tax Payer : Elica PB India Pvt Ltd
ITAT: Remits capacity adjustment directing adoption of ‘weighted mean’; Remits comparability of NGEF (Hubli)
- In Favour of Both, Partially
- Citation Number : TS-802-ITAT-2019(Bang)-TP
- Tax Payer : Moog Controls (India) Pvt Ltd
ITAT:Rejects CUP-method for metro-trains sale absent evidence on quality, market; Follows precedent
- In Favour of Both, Partially
- Citation Number : TS-801-ITAT-2019(DEL)-TP
- Tax Payer : Bombardier Transportation India Pvt Ltd
ITAT: Excludes 9 comparables for software developer; Remits ALP-determination of intra-group services
- In Favour of Both, Partially
- Citation Number : TS-800-ITAT-2019(DEL)-TP
- Tax Payer : Aircom International (India) Pvt Ltd
ITAT:Difference in manner of ALP-determination, not concealment; Upholds CIT(A)’s penalty deletion
- In Favour of Assessee
- Citation Number : TS-799-ITAT-2019(PUN)-TP
- Tax Payer : Atlas Copco (India) Limited
ITAT: Rejects AO's higher TP-margins reasoning for disallowing Sec 10AA deduction; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-797-ITAT-2019(PUN)-TP
- Tax Payer : Honeywell Automation India Limited
ITAT: Deletes TP-adjustment on management fees absent mechanism for adhoc disallowance under law
- In Favour of Both, Partially
- Citation Number : TS-796-ITAT-2019(Ahd)-TP
- Tax Payer : Tyco Valves & Controls India Pvt Ltd
ITAT:Upholds applicability of Frost & Sullivan ruling for deciding TP-issue; Dismisses Revenue’s ground
- In Favour of Assessee
- Citation Number : TS-795-ITAT-2019(Mum)-TP
- Tax Payer : Gartner India Research & Advisory Services Private Ltd
ITAT: Remits Sec 271G-penalty issue absent CIT(A)’s findings on assessee’s maintenance of segmental information
- In Favour of Assessee
- Citation Number : TS-792-ITAT-2019(Bang)-TP
- Tax Payer : Telsima Communications Pvt Ltd
ITAT: Quashes AO's Sec.154 order passed without issuing draft assessment order; Cites Sec. 144C(1) violation
- In Favour of Assessee
- Citation Number : TS-791-ITAT-2019(HYD)-TP
- Tax Payer : Lanco Solar Private Limited