Updates ( 9073 results )

Filters

ITAT:Upholds rejection of aggregating management fees payment transaction under TNMM

  • In Favour of Assessee
  • Citation Number : TS-535-ITAT-2018(Bang)-TP
  • Tax Payer : DMG Mori Seiki India Machines And Services Pvt Ltd ( Erstwhile DMG Deckel Maho Gildemeister (India) Pvt. Ltd.,)

ITAT:Finds merit in assessee’s manpower-supplier classification over TPO’s software-developer plea; Remits issue

  • In Favour of Assessee
  • Citation Number : TS-533-ITAT-2018(Bang)-TP
  • Tax Payer : Enzen Technologies Private Limited

ITAT: Excludes 3 comparables for software development and marketing support service provider

  • In Favour of Both, Partially
  • Citation Number : TS-532-ITAT-2018(Bang)-TP
  • Tax Payer : Autodesk India Pvt Ltd

ITAT:Company with fluctuating margins excluded as comparable; Upholds foreign AE's selection as tested party

  • In Favour of Assessee
  • Citation Number : TS-531-ITAT-2018(PUN)-TP
  • Tax Payer : Emerson Climate Technologies (India) Private Limited

ITAT: Passing draft-order u/s 144C mandatory even in remand proceedings; Follows JCB HC-ruling

  • In Favour of Assessee
  • Citation Number : TS-530-ITAT-2018(HYD)-TP
  • Tax Payer : Srini Pharmaceuticals Private Limited

ITAT: Grants stay extension as delay in appeal disposal not attributable to assessee

  • In Favour of Assessee
  • Citation Number : TS-529-ITAT-2018(Bang)-TP
  • Tax Payer : NXP Semiconductors India Pvt Ltd

ITAT:Lays down management cross-charges benchmarking guidelines; Regional-HO's cost allocation basis time-spent logical

  • In Favour of Assessee
  • Citation Number : TS-528-ITAT-2018(DEL)-TP
  • Tax Payer : A.T. Kearney Ltd

ITAT: Upholds TNMM for management, professional consultancy services, SAP charges, deletes adjustment

  • In Favour of Assessee
  • Citation Number : TS-527-ITAT-2018(DEL)-TP
  • Tax Payer : Knorr Bremse India Pvt Ltd

ITAT: Deletes TP-adjustment on intra-group services; Relies upon earlier year order

  • In Favour of Assessee
  • Citation Number : TS-526-ITAT-2018(DEL)-TP
  • Tax Payer : Knorr-Bremse India Pvt Ltd

ITAT:Directs allowance of working capital adjustment at actual; Follows Zyme Solution ruling

  • In Favour of Assessee
  • Citation Number : TS-525-ITAT-2018(Bang)-TP
  • Tax Payer : Obopay Mobile Technology India Pvt Ltd

ITAT:Remits ALP-determination of royalty following earlier order; Rejects claim about DRP bias

  • In Favour of Assessee
  • Citation Number : TS-524-ITAT-2018(Bang)-TP
  • Tax Payer : Praxair India Private Limited

ITAT: Denies risk adjustment absent quantification; Remits working capital adjustment computation

  • In Favour of Both, Partially
  • Citation Number : TS-523-ITAT-2018(DEL)-TP
  • Tax Payer : Degania Medical Devices Pvt Ltd

ITAT: Directs interest benchmarking on outbound loans following LIBOR+ or WIBOR+ rates over TPO's BPLR

  • In Favour of Assessee
  • Citation Number : TS-522-ITAT-2018(PUN)-TP
  • Tax Payer : KPIT Technologies Ltd (earlier known as KPIT Cummins Infosytems Limited.)

ITAT: Remits comparable selection for RPT-filter application, Adopts 0.5% guarantee commission rate

  • In Favour of Both, Partially
  • Citation Number : TS-520-ITAT-2018(Mum)-TP
  • Tax Payer : Nimbus Communications Ltd

ITAT: Upholds CUP-method for benchmarking AE-purchases following earlier years’ approach; Follows Cargill SC-ruling

  • In Favour of Assessee
  • Citation Number : TS-519-ITAT-2018(Mum)-TP
  • Tax Payer : Victorinox India Private Limited

ITAT:Remits TP-issue for re-adjudication considering assessee’s non-submission of documents before TPO

  • In Favour of Both, Partially
  • Citation Number : TS-518-ITAT-2018(CHNY)-TP
  • Tax Payer : Harting (India) Pvt Ltd

ITAT: Upholds TNMM over RPM for assessee-trader, follows precedent; Provisions written back, non-operating income

  • In Favour of Assessee
  • Citation Number : TS-517-ITAT-2018(Bang)-TP
  • Tax Payer : Abbott Medical Optics Pvt. Ltd. (formerly Advanced Medical Optics India Pvt. Ltd)

ITAT:Quashes assessment in non-existent company's name; Sec 292B cannot rescue the Revenue

  • In Favour of Assessee
  • Citation Number : TS-516-ITAT-2018(DEL)-TP
  • Tax Payer : Vertex Customer Management India Pvt Ltd

ITAT: Excludes 10 companies as comparable for captive ITeS service provider; Follows judicial precedents

  • In Favour of Assessee
  • Citation Number : TS-515-ITAT-2018(DEL)-TP
  • Tax Payer : H & S Software Development and Knowledge Management Centre Pvt Ltd

ITAT: Quashes assessment in non-existent company's name; Deletes AMP-adjustment

  • In Favour of Assessee
  • Citation Number : TS-514-ITAT-2018(DEL)-TP
  • Tax Payer : Sony Mobile Communications India (P) Ltd. (now merged with Sony India Pvt. Ltd.)