Updates ( 9073 results )

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ITAT: Excludes 5 comparables for marketing support service provider; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-488-ITAT-2018(DEL)-TP
  • Tax Payer : Philip Morris Services India S.A

ITAT: Upholds DRP’s onsite revenue filter as it meets parameter of Rule 10B(2)

  • In Favour of Assessee
  • Citation Number : TS-487-ITAT-2018(Bang)-TP
  • Tax Payer : EMC Software and Services (India) Private Limited

ITAT: Excludes functionally dissimilar Genesys International as comparable for ITeS provider

  • In Favour of Assessee
  • Citation Number : TS-486-ITAT-2018(DEL)-TP
  • Tax Payer : Exl Service.Com India Pvt Ltd

ITAT: Remits 2 comparables for verification if margin on inclusion within 5 ‘safe-harbour’

  • In Favour of Both, Partially
  • Citation Number : TS-485-ITAT-2018(DEL)-TP
  • Tax Payer : Bentley Systems India Ltd

ITAT: Deletes TP-adjustment on AE-receivable, dismisses Revenue’s appeal on comparable selection

  • In Favour of Both, Partially
  • Citation Number : TS-484-ITAT-2018(HYD)-TP
  • Tax Payer : Excellence Data Research Private Limited

ITAT: Excludes channel-owners but includes software distributor as comparable for channel distributor

  • In Favour of Assessee
  • Citation Number : TS-483-ITAT-2018(DEL)-TP
  • Tax Payer : Turner International India Pvt Ltd

ITAT: Rejects software-product company treatment; Annual report mention without revenue stream/ expenses insufficient

  • In Favour of Both, Partially
  • Citation Number : TS-482-ITAT-2018(DEL)-TP
  • Tax Payer : Virage Logic International

ITAT:Remits ALP-determination for GAP International’s international transactions; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-481-ITAT-2018(DEL)-TP
  • Tax Payer : GAP International Sourcing (India) Pvt Ltd

HC: Dismisses Revenue’s appeal against ITAT's deletion of location advantage adjustment

  • In Favour of Assessee
  • Citation Number : TS-480-HC-2018(BOM)-TP
  • Tax Payer : Watson Pharma Pvt Ltd

ITAT:Deletes penalty, multiple year data, benefit of 5 highly debatable issue for AY2005-06

  • In Favour of Assessee
  • Citation Number : TS-479-ITAT-2018(DEL)-TP
  • Tax Payer : Giesecke and Devrient [I] Pvt Ltd

ITAT: Stock valuation as per policy for a technology-driven company constitutes trading operations

  • In Favour of Assessee
  • Citation Number : TS-478-ITAT-2018(Mum)-TP
  • Tax Payer : Vishay Semiconductor India Private Limited

ITAT: Turnover increase by Rs.2cr not exceptional, retains Brady & Morris as comparable for manufacturer

  • In Favour of Assessee
  • Citation Number : TS-477-ITAT-2018(PUN)-TP
  • Tax Payer : Terex India Pvt Ltd

ITAT: ITAT allows Flowserve's appeal withdrawal on 'management charges' pursuant to India-US MAP resolution

  • In Favour of Assessee
  • Citation Number : TS-476-ITAT-2018(Bang)-TP
  • Tax Payer : Flowserve India Controls Private Limited

ITAT: Rejects DRP’s retention of 9 functionally dissimilar comparables for larger comparable-set; Remits issue

  • In Favour of Both, Partially
  • Citation Number : TS-473-ITAT-2018(HYD)-TP
  • Tax Payer : Steelwedge Technologies Pvt Ltd

ITAT: Upholds turnover filter application; Includes Welcure Drugs as comparable for drug manufacturer

  • In Favour of Assessee
  • Citation Number : TS-472-ITAT-2018(Ahd)-TP
  • Tax Payer : Schutz Dishman Biotech P Ltd

ITAT:Remits comparability of Govt. companies; Preferential treatment, subsidies/grants can impact profitability

  • In Favour of Assessee
  • Citation Number : TS-471-ITAT-2018(DEL)-TP
  • Tax Payer : Boeing International Corporation India Private Limited

ITAT: Excludes functionally dissimilar Infosys BPO, TCS entities for call-center service provider; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-470-ITAT-2018(DEL)-TP
  • Tax Payer : BA Call Centre India Private Limited

ITAT: Restricts notional interest adjustment to share-application money refunded, follows earlier order

  • In Favour of Both, Partially
  • Citation Number : TS-467-ITAT-2018(Mum)-TP
  • Tax Payer : Taurian Iron & Steel Co Pvt Ltd

ITAT: Excludes comparable not meeting software service income exceeding 75 filter

  • In Favour of Both, Partially
  • Citation Number : TS-466-ITAT-2018(Bang)-TP
  • Tax Payer : Mercedes-Benz Research and Development India Pvt Ltd

ITAT:Remits TP-issue back to DRP absent assessee’s delay in filing objections before DRP

  • In Favour of Assessee
  • Citation Number : TS-465-ITAT-2018(Bang)-TP
  • Tax Payer : Karuturi Global Ltd