Updates ( 9054 results )

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ITAT: Dismisses assessee’s MP against ITAT’s non-adjudication of comparable, CIT(A)’s exclusion stands good

  • In Favour of Assessee
  • Citation Number : TS-71-ITAT-2019(Bang)-TP
  • Tax Payer : Winphoria Networks India Pvt Ltd

ITAT: Remits ALP-determination of Canon India’s AMP-expenses ; Follows earlier-orders

  • In Favour of Both, Partially
  • Citation Number : TS-70-ITAT-2019(DEL)-TP
  • Tax Payer : Canon India Pvt Ltd

ITAT: Accepts assessee’s interest-payment to domestic holding company as at ALP; Deletes TP-adjustment

  • In Favour of Assessee
  • Citation Number : TS-69-ITAT-2019(Mum)-TP
  • Tax Payer : DLF Infopark (Pune) Limited

ITAT: Upholds DRP’s exclusion of Acropetal and Jeevan Scientific Technology for ITeS provider

  • In Favour of Assessee
  • Citation Number : TS-68-ITAT-2019(Bang)-TP
  • Tax Payer : C-Cube Solutions Pvt Ltd

ITAT:Quashes assessment order passed in name of non-existent amalgamated entity; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-67-ITAT-2019(DEL)-TP
  • Tax Payer : Vedanta Ltd [Successor to Cairn India Ltd]

HC:Dismisses Revenue’s appeal challenging ITAT’s comparables selection; Follows Softbrands ruling

  • In Favour of Revenue
  • Citation Number : TS-1436-HC-2018(KAR)-TP
  • Tax Payer : WINPHORIA NETWORKS INDIA PVT. LTD., (SINCE MERGED WITH MOTOROLA INDIA PVT LTD.,)

HC:Dismisses Revenue’s appeal challenging ITAT’s comparables selection; Follows Softbrands ruling

  • In Favour of Revenue
  • Citation Number : TS-1435-HC-2018(KAR)-TP
  • Tax Payer : Marvel India Pvt Ltd

HC:Dismisses Revenue’s appeal challenging ITAT’s comparables selection; Follows Softbrands ruling

  • In Favour of Revenue
  • Citation Number : TS-1434-HC-2018(KAR)-TP
  • Tax Payer : CERNER HEALTHCARE SOLUTIONS PVT LTD

HC:Dismisses Revenue’s appeal challenging ITAT’s comparables selection; Follows Softbrands ruling

  • In Favour of Revenue
  • Citation Number : TS-1433-HC-2018(KAR)-TP
  • Tax Payer : Business Process Outsourcing (India) Pvt Ltd

HC:Dismisses Revenue’s appeal challenging ITAT’s comparables selection; Follows Softbrands ruling

  • In Favour of Revenue
  • Citation Number : TS-1432-HC-2018(KAR)-TP
  • Tax Payer : THOUGHT WORKS TECHNOLOGIES INDIA PRIVATE LIMITED

HC:Dismisses Revenue’s appeal challenging ITAT’s comparables selection; Follows Softbrands ruling

  • In Favour of Revenue
  • Citation Number : TS-1431-HC-2018(KAR)-TP
  • Tax Payer : THOUGHT WORKS TECHNOLOGIES INDIA PRIVATE LIMITED

HC:Dismisses Revenue’s appeal challenging ITAT’s comparables selection; Follows Softbrands ruling

  • In Favour of Assessee
  • Citation Number : TS-1430-HC-2018(KAR)-TP
  • Tax Payer : Sunquest Information Systems (India) Private Limited

HC: Dismisses Revenue’s appeal challenging ITAT’s comparables selection; Follows Softbrands ruling

  • In Favour of Revenue
  • Citation Number : TS-1429-HC-2018(KAR)-TP
  • Tax Payer : MICROCHIP TECHNOLOGY (INDIA) PRIVATE LIMITED

HC:Dismisses Revenue’s appeal challenging ITAT’s comparables selection; Follows Softbrands ruling

  • In Favour of Revenue
  • Citation Number : TS-1428-HC-2018(KAR)-TP
  • Tax Payer : LUWA INDIA PRIVATE LIMITED

HC: Upholds TP-adjustment deletion on preference-shares investment; Accepts 1% as corporate guarantee ALP

  • In Favour of Assessee
  • Citation Number : TS-65-HC-2019(BOM)-TP
  • Tax Payer : Aegis Limited

HC: Comparables selection does not involve ‘question of law’ unless Tribunal approach unreasonable

  • In Favour of Assessee
  • Citation Number : TS-64-HC-2019(DEL)-TP
  • Tax Payer : D E SHAW INDIA ADVISORY SERVICES P LTD

ITAT:Confirms TP-adjustment deletion on re-characterization of outbound share-investment into loan; Follows precedent

  • In Favour of Assessee
  • Citation Number : TS-63-ITAT-2019(Mum)-TP
  • Tax Payer : Topsgroup Electronic Systems Ltd

ITAT:Rejects time-barred miscellaneous petition, non-finalization of counsel not reasonable cause

  • In Favour of Revenue
  • Citation Number : TS-60-ITAT-2019(Bang)-TP
  • Tax Payer : Karuturi Global Ltd

ITAT: Excludes channel owners, includes software distributors as comparables for TV channel-distributor; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-59-ITAT-2019(DEL)-TP
  • Tax Payer : Turner International India Pvt Ltd

ITAT: Accepts foreign-AE as tested party for IT/ITeS provider; Follows earlier-order

  • In Favour of Assessee
  • Citation Number : TS-58-ITAT-2019(CHANDI)-TP
  • Tax Payer : IDS Infotech Ltd