Updates ( 9054 results )
ITAT: Assessee not contract manufacturer; Restores ALP-computation of royalty & technical knowhow expenses
- In Favour of Both, Partially
- Citation Number : TS-1156-ITAT-2018(Mum)-TP
- Tax Payer : Sulzer Pumps India Pvt Ltd
SC: Dismisses Revenue’s appeal against HC order deleting TP-documentation penalty order
- In Favour of Assessee
- Citation Number : TS-1155-SC-2018-TP
- Tax Payer : Gillette India Ltd
ITAT: Restricts TP-adjustment to international transaction; Remits MAM-selection for assessee’s engineering design services
- In Favour of Assessee
- Citation Number : TS-1154-ITAT-2018(PUN)-TP
- Tax Payer : Magna Steyr India P Ltd
ITAT: Upholds CIT(A)’s rejection of Infosys & Satyam as comparables for semiconductor designer assessee
- In Favour of Assessee
- Citation Number : TS-1153-ITAT-2018(DEL)-TP
- Tax Payer : Fresscale Semiconductor India (P) Ltd
ITAT: Upholds DRP’s exclusion of functionally dissimilar Accentia Technology for ITeS-provider
- In Favour of Assessee
- Citation Number : TS-1150-ITAT-2018(DEL)-TP
- Tax Payer : Actis Global Services Pvt Ltd
ITAT: Dismisses Revenue’s appeal considering assessed income determined at NIL post MAP resolution
- In Favour of Both, Partially
- Citation Number : TS-1149-ITAT-2018(DEL)-TP
- Tax Payer : BT Global Communications India Pvt Ltd
ITAT: Deletes Sec 271(1)(c) penalty as TP-adjustment on AE-loan deleted in quantum appeal
- In Favour of Assessee
- Citation Number : TS-1148-ITAT-2018(Ahd)-TP
- Tax Payer : Dishman Pharmaceuticals & Chemicals Ltd
ITAT:Adopts RPM as MAM for purchase transaction; Rejects Nil-ALP for localisation support payments
- In Favour of Both, Partially
- Citation Number : TS-1147-ITAT-2018(DEL)-TP
- Tax Payer : Mitsubishi Electric Automotive [I] Pvt Ltd
ITAT:Upholds TPO/DRP’s application of 75 export filter considering assessee’s 86 exports
- In Favour of Both, Partially
- Citation Number : TS-1146-ITAT-2018(DEL)-TP
- Tax Payer : Omniglobe Information Technologies (India) Pvt Ltd
ITAT:Accepts CPM as MAM for assessee engaged in tour/travel business; Follows precedents
- In Favour of Assessee
- Citation Number : TS-1145-ITAT-2018(DEL)-TP
- Tax Payer : Greaves Travel India Pvt Ltd
ITAT:Dismisses miscellaneous petition on TP-issues; Can’t agitate issues not raised in original proceedings
- In Favour of Both, Partially
- Citation Number : TS-1144-ITAT-2018(Bang)-TP
- Tax Payer : Mercedes-Benz Research & Development India Pvt Ltd
ITAT:Remits treatment of forward exchange contract premium for computing PLI; Follows Ambattur Clothing
- In Favour of Assessee
- Citation Number : TS-1143-ITAT-2018(COCH)-TP
- Tax Payer : Navigant BPM (India) Private Limited (Formerly known as M/s.RevenueMed India (P) Ltd)
ITAT: Share application money outside international transaction ambit; Remits selection of foreign-AE as tested-party
- In Favour of Assessee
- Citation Number : TS-1139-ITAT-2018(DEL)-TP
- Tax Payer : Moserbaer India Ltd
ITAT: Rejects entity-level benchmarking for ALP determination; Follows earlier-order
- In Favour of Assessee
- Citation Number : TS-1138-ITAT-2018(DEL)-TP
- Tax Payer : CSR Technology (India) Pvt Ltd
ITAT:Confirms Sec 271(1)(c)-penalty deletion as PLI & multiple year data issues ‘debatable' for AY 2003-04
- In Favour of Assessee
- Citation Number : TS-1137-ITAT-2018(DEL)-TP
- Tax Payer : Kyungshin Industrial Motherson Ltd
ITAT: Recalls ex-parte DRP-order; Remits TP-issue for de-novo adjudication to DRP
- In Favour of Both, Partially
- Citation Number : TS-1136-ITAT-2018(CHNY)-TP
- Tax Payer : MMC Healthcare Limited
ITAT: Quashes TP-reassessment orders for foreign partnership firm as not ‘eligible assessee’; Follows precedents
- In Favour of Assessee
- Citation Number : TS-1135-ITAT-2018(DEL)-TP
- Tax Payer : ESS Advertising (Mauritius) SNC et Compagnie(earlier known as ESPN Star Sports Mauritius S.N.C Et Compagnie)
HC: Upholds ITAT-order deleting disallowance towards price support paid to related parties
- In Favour of Assessee
- Citation Number : TS-1113-HC-2017(DEL)-TP
- Tax Payer : Pepsi Foods Private Limited
ITAT: Operation comparability relevant for RPM, not product similarity; Rejects TPO's TNMM
- In Favour of Assessee
- Citation Number : TS-1134-ITAT-2018(Bang)-TP
- Tax Payer : Pepperl & Fuchs (India) Pvt Ltd
ITAT:Upholds CIT’s revisionary jurisdiction absent AO’s enquiry regarding assessee’s specified domestic transactions
- In Favour of Revenue
- Citation Number : TS-1132-ITAT-2018(COCH)-TP
- Tax Payer : Hycon India Private Ltd