Updates ( 9073 results )
ITAT: Cannot include even a functionally similar company if it doesn't meet TPO's filters
- In Favour of Both, Partially
- Citation Number : TS-195-ITAT-2018(PUN)-TP
- Tax Payer : Starent Networks India Pvt Ltd
HC:Dismisses Revenue’s appeal challenging TP-adjustments on loan & advance for share application
- In Favour of Assessee
- Citation Number : TS-194-HC-2018(BOM)-TP
- Tax Payer : Videocon Industries Ltd
HC: Dismisses Revenue's appeal challenging concealment penalty deletion; Upholds ITAT's 'debatable issue' conclusion
- In Favour of Assessee
- Citation Number : TS-193-HC-2018(DEL)-TP
- Tax Payer : GLOBAL VANTEDGE PVT LTD
HC: Remits comparability of Keynote, Motilal Oswal to Tribunal following own ruling
- In Favour of Assessee
- Citation Number : TS-192-HC-2018(DEL)-TP
- Tax Payer : Chrys Capital Investment Advisors (India) Pvt Ltd
ITAT: Includes Infosys BPO as comparable, rejects functional dissimilarity, brand value impact plea
- In Favour of Both, Partially
- Citation Number : TS-191-ITAT-2018(DEL)-TP
- Tax Payer : Cadence Design Systems India Pvt Ltd
HC: Dismisses Revenue’s appeal; Upholds rejection of export, domestic margins comparison for different products
- In Favour of Assessee
- Citation Number : TS-189-HC-2018(BOM)-TP
- Tax Payer : Keihin Fie Pvt Ltd
ITAT:Can’t exclude companies with operating losses considering functional similarity and profits at GP-level
- In Favour of Assessee
- Citation Number : TS-188-ITAT-2018(Kol)-TP
- Tax Payer : P & H Joy Mining Equipment India Ltd
ITAT:Includes consumables in cost for margin-computation under RPM; TP-adjustment on imports, unsustainable
- In Favour of Assessee
- Citation Number : TS-186-ITAT-2018(PUN)-TP
- Tax Payer : Eaton Power Quality Pvt Ltd
ITAT:Directs consideration of forex-gains as operating income; Rejects Revenue’s Safe-Harbour Rules reliance
- In Favour of Assessee
- Citation Number : TS-185-ITAT-2018(PUN)-TP
- Tax Payer : Digital Group Infotech Pvt Ltd
HC: Admits Revenue’s appeal on aggregation of intra-group service for ALP-determination
- In Favour of Revenue
- Citation Number : TS-184-HC-2018(DEL)-TP
- Tax Payer : Corning SAS- India
ITAT: Excludes 6 comparables for software developer; Forex gains/losses operating in nature
- In Favour of Assessee
- Citation Number : TS-182-ITAT-2018(DEL)-TP
- Tax Payer : Siemens Product Lifecycle Management Software (India) Pvt Ltd
ITAT: Rules on comparables selection for investment advisor; Follows precedents
- In Favour of Assessee
- Citation Number : TS-181-ITAT-2018(Mum)-TP
- Tax Payer : General Atlantic Pvt Ltd
HC: Admits Revenue's appeal against ITAT order deleting TP-adjustment on corporate guarantee
- In Favour of Assessee
- Citation Number : TS-179-HC-2018(GUJ)-TP
- Tax Payer : Suzlon Energy Limited
HC: Dismisses Revenue's appeal against concealment penalty deletion; Accepts ITAT's 'debatable issue' conclusion
- In Favour of Assessee
- Citation Number : TS-177-HC-2018(DEL)-TP
- Tax Payer : GLOBAL VANTEDGE PVT LTD
ITAT: Explains capacity adjustment computation mechanism; Directs separate benchmarking for consultancy services
- In Favour of Both, Partially
- Citation Number : TS-176-ITAT-2018(DEL)-TP
- Tax Payer : Daikin Airconditioning India Pvt Ltd
ITAT: Cannot include company with turnover marginally higher than upper turnover as comparable
- In Favour of Both, Partially
- Citation Number : TS-172-ITAT-2018(PUN)-TP
- Tax Payer : Amber Point Technology India Pvt Ltd
HC: Applying expenses based RPT-formula only to one comparable distorts picture, remits issue
- In Favour of Both, Partially
- Citation Number : TS-171-HC-2018(DEL)-TP
- Tax Payer : Chrys Capital Investment Advisors (India) Pvt Ltd
SC: Dismisses SLP against HC's quashing of final assessment without passing draft order
- In Favour of Both, Partially
- Citation Number : TS-170-SC-2018-TP
- Tax Payer : Control Risks India P Ltd
ITAT:Quashes final assessment order making TP-adjustment on entity-level; Follows HC-rulings
- In Favour of Assessee
- Citation Number : TS-169-ITAT-2018(DEL)-TP
- Tax Payer : Syniverse Technologies Services (India) Pvt. Ltd.
ITAT:Deletes outstanding AE-receivables TP-adjustment absent interest charged to non-AE in similar scenario
- In Favour of Assessee
- Citation Number : TS-168-ITAT-2018(DEL)-TP
- Tax Payer : Axis Risk Consulting Services Private Limited