Updates ( 9054 results )

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ITAT: Upholds TNMM for indenting transactions; Considers similar approach in subsequent years’ MAP

  • In Favour of Both, Partially
  • Citation Number : TS-1204-ITAT-2018(DEL)-TP
  • Tax Payer : Sumitomo Corporation India Pvt Ltd

ITAT: Rejects 4 comparables for support service segment; Grants working capital adjustment

  • In Favour of Assessee
  • Citation Number : TS-1203-ITAT-2018(DEL)-TP
  • Tax Payer : Nokia Siemens Networks Pvt Ltd

ITAT: Rejects 2 functionally dissimilar comparables for marketing support service provider; Follows Alcon-Labs

  • In Favour of Assessee
  • Citation Number : TS-1201-ITAT-2018(Bang)-TP
  • Tax Payer : Intuit India Software Solutions P Ltd

ITAT: Remits TP-issue for fresh decision considering certain objections not raised before TPO/DRP

  • In Favour of Both, Partially
  • Citation Number : TS-1200-ITAT-2018(Bang)-TP
  • Tax Payer : Subex Limited

ITAT: Rejects selective application of onsite revenue filter to comparables; Follows Broadcom ruling

  • In Favour of Both, Partially
  • Citation Number : TS-1199-ITAT-2018(Bang)-TP
  • Tax Payer : IMS Health Technology Solutions Pvt Ltd

ITAT: Directs AO to obtain fresh TPO-order u/s. 92CA(3) pursuant to S.263 proceedings

  • In Favour of Assessee
  • Citation Number : TS-1198-ITAT-2018(DEL)-TP
  • Tax Payer : NT Back Office Services Pvt Ltd

ITAT: Rejects 2 companies as comparable citing failure to meet employee cost filter

  • In Favour of Assessee
  • Citation Number : TS-1197-ITAT-2018(Bang)-TP
  • Tax Payer : Mphasis Ltd

ITAT: Upholds TNMM as MAM for assessee-manufacturer; Excludes 2 comparables failing turnover filter

  • In Favour of Both, Partially
  • Citation Number : TS-1196-ITAT-2018(DEL)-TP
  • Tax Payer : Terex Equipment Pvt Ltd (Formerly known as Terex Vectra Equipment Pvt. Ltd.)

ITAT:Remits ALP-determination of management charges back to TPO; Follows earlier-order

  • In Favour of Both, Partially
  • Citation Number : TS-1195-ITAT-2018(DEL)-TP
  • Tax Payer : BSI Group India Pvt Ltd (Earlier Known as BSI Management Systems India Pvt. Ltd.)

ITAT: Grants 3 months stay extension as delay in appeal disposal non-attributable to assessee

  • In Favour of Assessee
  • Citation Number : TS-1194-ITAT-2018(Bang)-TP
  • Tax Payer : CGI Information Systems Consultants Pvt Ltd

ITAT: Deletes TP-adjustment on AE-receivables, impact already factored in working-capital adjustment; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-1193-ITAT-2018(HYD)-TP
  • Tax Payer : Dhanush Infotech Pvt Ltd

ITAT:Rejects CIT(A)’s management charges TP-adjustment on estimation basis; Remits issue

  • In Favour of Both, Partially
  • Citation Number : TS-1192-ITAT-2018(DEL)-TP
  • Tax Payer : BSI Group India Pvt Ltd (Earlier Known as BSI Management Systems India Pvt. Ltd.)

ITAT:Confirms interest adjustment deletion on AE-loan; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-1191-ITAT-2018(Kol)-TP
  • Tax Payer : M. K. Shah Exports Ltd

ITAT: Excludes 6 comparables citing functional dissimilarities and extraordinary events; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-1190-ITAT-2018(DEL)-TP
  • Tax Payer : GE India Business Services Pvt. Ltd

ITAT: Quashes AO’s final-order passed without incorporating DRP’s mandatory directions; Distinguishes Hennes & Mauritz ruling

  • In Favour of Both, Partially
  • Citation Number : TS-1189-ITAT-2018(Bang)-TP
  • Tax Payer : July Systems & Technologies Pvt Ltd

ITAT:Excludes 4 companies as comparable for marketing/administrative sevices, Follows Philip Morris ruling

  • In Favour of Assessee
  • Citation Number : TS-1187-ITAT-2018(DEL)-TP
  • Tax Payer : GECAS Services India Pvt.Ltd

ITAT:Quashes assessment order passed on non-existent amalgamating company as invalid; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-1185-ITAT-2018(DEL)-TP
  • Tax Payer : Genpact Infrastructure (Bhopal) (P.) Ltd

ITAT: Deletes Rs.300 crores TP-adjustment on intra-group services; Rejects TPO’s Nil ALP-determination

  • In Favour of Assessee
  • Citation Number : TS-1183-ITAT-2018(Kol)-TP
  • Tax Payer : Philips India Ltd

ITAT:Deletes royalty adjustment, direct nexus between assessee's revenue & payment established; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-1180-ITAT-2018(DEL)-TP
  • Tax Payer : Maruti Suzuki India Ltd

ITAT: Upholds CUP-method for exports as AE-customer transaction at same price; Follows earlier-order

  • In Favour of Assessee
  • Citation Number : TS-1179-ITAT-2018(Kol)-TP
  • Tax Payer : AT&S India Private Limited