Updates ( 9054 results )

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ITAT: Intra-group services not stewardship services, rejects Nil ALP-determination; Directs fresh exercise

  • In Favour of Assessee
  • Citation Number : TS-1178-ITAT-2018(Kol)-TP
  • Tax Payer : Sika India Pvt Ltd

ITAT: Rules on comparables for ITES provider; Remits working capital and risk adjustment plea

  • In Favour of Both, Partially
  • Citation Number : TS-1177-ITAT-2018(Mum)-TP
  • Tax Payer : Deutsche Networking Services Private Limited (Through their successor: DBOI Global Services Private Limited)

ITAT: Upholds royalty adjustment deletion for assessee manufacturer; Follows earlier-order

  • In Favour of Assessee
  • Citation Number : TS-1176-ITAT-2018(Ahd)-TP
  • Tax Payer : Hitachi Home & Life Solutions (India) Ltd

ITAT: ALP determination mandatory u/s. 92, abnormal profits not reason to accept assessee's price

  • In Favour of Revenue
  • Citation Number : TS-1175-ITAT-2018(Bang)-TP
  • Tax Payer : AO Smith India Water Products Pvt Ltd

ITAT: Allows assessee’s appeal, quashes TPO-reference contradictory to CBDT Instruction No.3/2003

  • In Favour of Assessee
  • Citation Number : TS-1173-ITAT-2018(DEL)-TP
  • Tax Payer : Bucher Hydraulics Private Limited

ITAT: Corporate guarantee, not ‘international transaction’, absent expenditure for extending the guarantee; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-1171-ITAT-2018(VIZ)-TP
  • Tax Payer : CCL Products (India) Pvt Ltd

ITAT:Grants partial stay of demand arising on AMP and royalty issue

  • In Favour of Assessee
  • Citation Number : TS-1170-ITAT-2018(Mum)-TP
  • Tax Payer : Diageo India Private Ltd

ITAT: Allows Sec 10A benefit on voluntary TP-adjustment; Follows earlier year ruling

  • In Favour of Assessee
  • Citation Number : TS-1169-ITAT-2018(DEL)-TP
  • Tax Payer : G S Engineering & Constructions India Pvt Ltd

ITAT: Assets under-utilization an internal inefficiency, not basis to exclude functionally similar comparable

  • In Favour of Assessee
  • Citation Number : TS-1168-ITAT-2018(DEL)-TP
  • Tax Payer : Transcend M T Services Pvt Ltd (Formerly Heartland Bangalore Transcription and Services Pvt. Ltd merged with Heartland Informati

ITAT: Deletes Sec 40A(2)-disallowance as domestic-AE payment found at ALP in TP-study; Follows earlier-order

  • In Favour of Assessee
  • Citation Number : TS-1167-ITAT-2018(DEL)-TP
  • Tax Payer : Amserve Consultants Ltd

ITAT:Deletes TP-adjustment on expense reimbursement sans application of prescribed TP-method u/s 92C

  • In Favour of Assessee
  • Citation Number : TS-1166-ITAT-2018(Mum)-TP
  • Tax Payer : Wartsila India Limited

ITAT:Excludes SISCO as comparable to pure-trader; TPO can consider comparables in public domain

  • In Favour of Both, Partially
  • Citation Number : TS-1165-ITAT-2018(Kol)-TP
  • Tax Payer : Philips Medical Systems Private Limited (now merged with Philips Electronics India Limited

ITAT: Upholds aggregated benchmarking of import of spares/ completely built cars with manufacturing

  • In Favour of Both, Partially
  • Citation Number : TS-1164-ITAT-2018(PUN)-TP
  • Tax Payer : Mercedes-Benz India Pvt Ltd (formerly known as Daimler Chrysler India Pvt. Ltd.)

ITAT: Dismisses Revenue’s appeal challenging rejection of FOB-based ALP-computation; Follows HC-order

  • In Favour of Assessee
  • Citation Number : TS-1163-ITAT-2018(DEL)-TP
  • Tax Payer : Li & Fung India Pvt Ltd

ITAT:Deletes concealment penalty as TP-adjustment deleted in quantum appeal

  • In Favour of Assessee
  • Citation Number : TS-1162-ITAT-2018(DEL)-TP
  • Tax Payer : Stanley Consultant India Pvt Ltd

ITAT:Recalls Tribunal’s order passed ex-parte due to assessee's non-appearance

  • In Favour of Assessee
  • Citation Number : TS-1161-ITAT-2018(Bang)-TP
  • Tax Payer : Faurecia Automotive Seating India Pvt Ltd

ITAT:Rules on comparables selection & working-capital adjustment for financial data processing provider

  • In Favour of Assessee
  • Citation Number : TS-1160-ITAT-2018(DEL)-TP
  • Tax Payer : Markit India Services Pvt Ltd

ITAT:Quashes reopening to disallow advertisement expenses absent tangible material on record

  • In Favour of Assessee
  • Citation Number : TS-1159-ITAT-2018(DEL)-TP
  • Tax Payer : Yamaha Motor India Sales Pvt Ltd

ITAT: Restores ALP-adjustment on various transaction following earlier year ITAT order

  • In Favour of Both, Partially
  • Citation Number : TS-1158-ITAT-2018(Kol)-TP
  • Tax Payer : Epcos India Pvt Ltd

ITAT: Rejects Nil ALP-determination of management fee, upholds aggregated benchmarking

  • In Favour of Both, Partially
  • Citation Number : TS-1157-ITAT-2018(Mum)-TP
  • Tax Payer : Sulzer Pumps India Pvt Ltd