Updates ( 9073 results )

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ITAT: Remits MAM selection for distribution of finished product, follows earlier year ITAT-order

  • In Favour of Assessee
  • Citation Number : TS-441-ITAT-2018(DEL)-TP
  • Tax Payer : Stryker India Pvt. Ltd

ITAT: Upholds TNMM over CUP-method for benchmarking drug-manufacturer’s international transactions; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-440-ITAT-2018(Ahd)-TP
  • Tax Payer : Dishman Pharmaceuticals & Chemicals Ltd

ITAT: Upholds CIT(A)'s additional evidence admission as TPO given examination opportunity; Distinguishes HC-rulings

  • In Favour of Assessee
  • Citation Number : TS-439-ITAT-2018(PUN)-TP
  • Tax Payer : Stauff India Private Limited

ITAT: Upholds outsourcing cost as operating expense considering direct relation to assessee’s software-development

  • In Favour of Both, Partially
  • Citation Number : TS-438-ITAT-2018(Mum)-TP
  • Tax Payer : Lionbridge Technologies Private Limited

ITAT: Remits ALP-determination of management services, interest on outstanding AE-receivables

  • In Favour of Both, Partially
  • Citation Number : TS-437-ITAT-2018(DEL)-TP
  • Tax Payer : Aircom International (India) Pvt. Ltd

ITAT: Upholds Nil ALP determination for intra-group services; Refuses admission of additional evidence

  • In Favour of Revenue
  • Citation Number : TS-1109-ITAT-2017(Bang)-TP
  • Tax Payer : Volvo India P Ltd

HC:Upholds ITAT; No interest adjustment on outstanding AE-receivables when independent transaction interest-free

  • In Favour of Assessee
  • Citation Number : TS-436-HC-2018(RAJ)-TP
  • Tax Payer : Sharda Spuntex Pvt Ltd

ITAT: Excludes Accentia & TCS E-Serve entities as comparables for database support provider; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-435-ITAT-2018(DEL)-TP
  • Tax Payer : H & S Software Development and Knowledge Management Centre Pvt Ltd

ITAT:Adopts SBI-PLR for benchmarking outstanding AE-receivables for expenses incurred by assessee in INR

  • In Favour of Both, Partially
  • Citation Number : TS-433-ITAT-2018(COCH)-TP
  • Tax Payer : Allianz Cornhill Information Services Private Limited

ITAT: Excludes Infosys, Kals, Bodhtree, Tata Elxsi for software developer; Follows precedents

  • In Favour of Both, Partially
  • Citation Number : TS-432-ITAT-2018(DEL)-TP
  • Tax Payer : Mentor Graphics (India) Pvt Ltd

HC: Admits Revenue’s appeal regarding ITAT’s comparables exclusion for Samsung Heavy Industries

  • In Favour of Revenue
  • Citation Number : TS-431-HC-2018(ALL)-TP
  • Tax Payer : Samsung Heavy Industries India Pvt Ltd

ITAT: Modifies ITAT-order to correct RPT verification for Denison from 25% to 15%

  • In Favour of Revenue
  • Citation Number : TS-430-ITAT-2018(Bang)-TP
  • Tax Payer : British Engines (India) Pvt. Ltd

HC: Admits Revenue’s appeal against ITAT’s exclusion of Wipro, TCS for Adobe-India

  • In Favour of Revenue
  • Citation Number : TS-429-HC-2018(ALL)-TP
  • Tax Payer : Adobe Systems India Pvt. Ltd

ITAT:Excludes 2 comparables failing Rs.200cr turnover filter applied by TPO himself

  • In Favour of Assessee
  • Citation Number : TS-428-ITAT-2018(CHNY)-TP
  • Tax Payer : Socomec Innovative Power Solutions Private Ltd

ITAT: Remits benchmarking of international transactions for adopting internal TNMM; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-427-ITAT-2018(Bang)-TP
  • Tax Payer : Brillio Technologies Pvt Ltd

ITAT:Deletes corporate guarantee adjustment following earlier ITAT-ruling; Remits AE-loan interest issue

  • In Favour of Assessee
  • Citation Number : TS-426-ITAT-2018(Kol)-TP
  • Tax Payer : EIH Limited

ITAT: Includes comparable despite strike during year citing insignificant impact on turnover

  • In Favour of Assessee
  • Citation Number : TS-425-ITAT-2018(PUN)-TP
  • Tax Payer : WIKA Instruments India Pvt Ltd

ITAT: Deletes TP adjustment, man-hours utilized, not committed appropriate cost allocation key

  • In Favour of Assessee
  • Citation Number : TS-424-ITAT-2018(DEL)-TP
  • Tax Payer : Triune Energy Services Pvt Ltd

ITAT: Operating profit/marketing cost, not a proper PLI for marketing cost ALP-determination; Remits issue

  • In Favour of Assessee
  • Citation Number : TS-423-ITAT-2018(Mum)-TP
  • Tax Payer : First Source Solutions Ltd

ITAT: Restores MAM-selection for benchmarking assessee manufacturer’s international transactions; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-422-ITAT-2018(Mum)-TP
  • Tax Payer : ASB International Pvt Ltd