Updates ( 9054 results )
ITAT:Bad debt Provision though operating, not deductible if unrelated to relevant year turnover
- In Favour of Both, Partially
- Citation Number : TS-1358-ITAT-2018(Bang)-TP
- Tax Payer : Marvell India Pvt Ltd
ITAT: Allows miscellaneous petition; Recalls Tribunal order to decide ground regarding royalty adjustment
- In Favour of Assessee
- Citation Number : TS-1357-ITAT-2018(Ahd)-TP
- Tax Payer : General Motors India Pvt. Ltd
ITAT:Directs re-determination of AMP-expenses ALP by following ITAT-directions in first appeal round
- In Favour of Both, Partially
- Citation Number : TS-1355-ITAT-2018(CHANDI)-TP
- Tax Payer : GlaxoSmithKline Consumer Healthcare Ltd
ITAT:Directs margin re-computation using only audited segmental results of AE-transactions
- In Favour of Both, Partially
- Citation Number : TS-1354-ITAT-2018(HYD)-TP
- Tax Payer : eBizNET Solutions Private Limited
ITAT:Outstanding AE-receivables liable to ALP-adjustment, borrowed funds usage irrelevant; Distinguishes Bechtel-India ruling
- In Favour of Both, Partially
- Citation Number : TS-1353-ITAT-2018(Bang)-TP
- Tax Payer : Naunce Transcription Services India Pvt Ltd
ITAT:Rejects re-characterisation of outstanding AE-receivable as loan; Deletes TP-addition following Kusum Healthcare
- In Favour of Both, Partially
- Citation Number : TS-1351-ITAT-2018(DEL)-TP
- Tax Payer : Transfer Pricing Audit and Dispute Resolution Landscape
ITAT:TP-adjustment cannot be included in book-profits u/s 115JB; Rules on comparables
- In Favour of Both, Partially
- Citation Number : TS-1349-ITAT-2018(Kol)-TP
- Tax Payer : Nomura Research Institute Financial Tech (I) Pvt Ltd (formerly Anshin Software Pvt. Ltd.)
ITAT:Directs ALP re-determination of CCA preferring CUP over TNMM; Follows earlier-orders
- In Favour of Assessee
- Citation Number : TS-1344-ITAT-2018(DEL)-TP
- Tax Payer : Atotech India Limited
ITAT:Dismisses assessee’s MP; No mistake in following Chryscapital over Pentair HC-ruling
- In Favour of Revenue
- Citation Number : TS-1341-ITAT-2018(Bang)-TP
- Tax Payer : Robert Bosch Engineering & Business Solutions P Ltd (Formerly known as Robert Bosch Engineering and Business Solutions Ltd)
ITAT: Allows personnel cost, capacity adjustment; Deletes TP-adjustment as adjusted margin within +/-5% range
- In Favour of Both, Partially
- Citation Number : TS-1337-ITAT-2018(PUN)-TP
- Tax Payer : Amdocs Development Centre India LLP (Formerly known as Amdocs Development Centre India Private Limited which was the legal succ
ITAT: Rules on comparables for ITeS-provider; Holds TPO’s lower turnover-filter application as ‘cherry picking’
- In Favour of Both, Partially
- Citation Number : TS-1335-ITAT-2018(DEL)-TP
- Tax Payer : XL India Business Services Pvt Ltd
ITAT: Directs application of TNMM for intra-group services for mineral-oil explorer; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-1333-ITAT-2018(DEL)-TP
- Tax Payer : BG Exploration & Production India Limited
ITAT: Rejects assessee’s RPM as alternative TP-method, if transaction not at ALP under TNMM
- In Favour of Both, Partially
- Citation Number : TS-1331-ITAT-2018(Bang)-TP
- Tax Payer : Arcot R&D Software Pvt Ltd
ITAT: Adopts LIBOR+200bps as interest free AE-advances ALP; Corporate guarantee, international transaction, post-2012
- In Favour of Both, Partially
- Citation Number : TS-1330-ITAT-2018(HYD)-TP
- Tax Payer : BS Ltd
ITAT: Forex-gains operating item, rejects Revenue’s Safe Harbour Rules reliance; Rules on comparables
- In Favour of Both, Partially
- Citation Number : TS-1329-ITAT-2018(DEL)-TP
- Tax Payer : Vaildor Capital India Pvt Ltd
ITAT:Sets aside DRP’s ex-parte order absent sufficient hearing opportunity provided to assessee
- In Favour of Assessee
- Citation Number : TS-1327-ITAT-2018(Bang)-TP
- Tax Payer : WEG Industries (India) Pvt. Ltd
ITAT:Hedging-loss on derivative contract, not international transaction, but can be disallowed u/s 37
- In Favour of Assessee
- Citation Number : TS-1326-ITAT-2018(Mum)-TP
- Tax Payer : Aries Agro Ltd
ITAT: Excludes 6 comparables for software-developer; Directs grant of working-capital adjustment on actuals
- In Favour of Assessee
- Citation Number : TS-1325-ITAT-2018(Bang)-TP
- Tax Payer : Salesforce.com India P Ltd
ITAT: Quashes AO’s final-order passed without incorporating DRP's directions; Distinguishes H & M Hennes & Mauritz ruling
- In Favour of Assessee
- Citation Number : TS-1324-ITAT-2018(Bang)-TP
- Tax Payer : Flextronics Technologies (India) Private Limited
ITAT: Rules on comparable selection for software-developer; Excludes Bodhtree owing to drastic profit-variation
- In Favour of Assessee
- Citation Number : TS-1323-ITAT-2018(Bang)-TP
- Tax Payer : Electronics for Imaging India Pvt Ltd