Updates ( 9073 results )
ITAT:Grants Rs.209 lakhs demand stay; TP-adjustment on channel distribution fee paid to AE disputed
- In Favour of Assessee
- Citation Number : TS-73-ITAT-2018(Mum)-TP
- Tax Payer : MSM Discovery Private Ltd
ITAT: Grants Rs.225.92cr demand stay to Wirpo-GE; Notes TP-adjustment made on non-AE transactions
- In Favour of Assessee
- Citation Number : TS-1104-ITAT-2017(Bang)-TP
- Tax Payer : Wipro GE Healthcare Pvt Ltd
ITAT: Remits TP-adjustment towards notional interest on receivables for fresh consideration; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-72-ITAT-2018(DEL)-TP
- Tax Payer : D.E. Shaw India Advisory Services Private Ltd
HC: Confirms ITAT order deleting TP-adjustment on royalty; Follows earlier ruling
- In Favour of Assessee
- Citation Number : TS-1103-HC-2017(RAJ)-TP
- Tax Payer : SAKATA INX (INDIA) LIMITED
ITAT: Upholds TP-adjustment deletion on royalty payment following HC-decision in own case
- In Favour of Assessee
- Citation Number : TS-71-ITAT-2018(JPR)-TP
- Tax Payer : Sakata Inx (India) Ltd
ITAT:Deletes corporate guarantee adjustment made prior to Sec 92B amendment; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-70-ITAT-2018(HYD)-TP
- Tax Payer : Rain Industries Ltd
ITAT: APA-terms can be applied to year outside APA period; Follows Abicor-ruling
- In Favour of Both, Partially
- Citation Number : TS-69-ITAT-2018(PUN)-TP
- Tax Payer : Tieto IT Services India Private Limited [Successor of Tieto Software Technologies Limited]
ITAT: Includes Rajasthan-Udyog as comparable for manufacturer following Sandvik-ruling despite exclusion in earlier year
- In Favour of Assessee
- Citation Number : TS-1101-ITAT-2017(PUN)-TP
- Tax Payer : Seco Tools (India) Pvt Ltd
SC: Admits Revenue’s SLP in Honda Siel’s case on AMP-issue, tags appeal with Maruti-Suzuki
- In Favour of Revenue
- Citation Number : TS-68-SC-2018-TP
- Tax Payer : Honda Siel Power Product Ltd
ITAT: Remits Bodhtree Consulting comparability to evaluate different accounting policy impact on profitability
- In Favour of Both, Partially
- Citation Number : TS-1100-ITAT-2017(DEL)-TP
- Tax Payer : Freescale Semiconductor India Pvt Ltd
AAR:Upholds TP-applicability on Sale of Indian company’s shares to AE; Follows Castleton
- In Favour of Revenue
- Citation Number : TS-1099-AAR-2017-TP
- Tax Payer : AB Mauritius
ITAT: Excludes 3 comparables in software development segment; Retains Global-Procurement in marketing support segment
- In Favour of Both, Partially
- Citation Number : TS-1098-ITAT-2017(DEL)-TP
- Tax Payer : Freescale Semiconductor India Pvt Ltd
ITAT:Rejects TPO's 2 comparables while benchmarking investment advisory services; Follows Temasek
- In Favour of Assessee
- Citation Number : TS-66-ITAT-2018(Mum)-TP
- Tax Payer : Wells Fargo Real Estate Advisors Pvt Ltd
ITAT: No interest adjustment warranted when working-capital adjustment considers outstanding receivables; Follows precedent
- In Favour of Assessee
- Citation Number : TS-65-ITAT-2018(DEL)-TP
- Tax Payer : Kusum Healthcare Pvt Ltd
ITAT:Rejects expense verification for ALP-computation during remand considering Tribunal's mere ALP-calculation direction
- In Favour of Assessee
- Citation Number : TS-64-ITAT-2018(HYD)-TP
- Tax Payer : St. Jude Medical India Pvt Ltd
ITAT: Retains Avani-Cimcon as functionally comparable for software-developer; Excludes 5 other comparables
- In Favour of Both, Partially
- Citation Number : TS-63-ITAT-2018(HYD)-TP
- Tax Payer : CNO IT Services (India) P Ltd (earlier known as Conseco Data Services (India) P Ltd)
ITAT: Remits functional comparability of 8 companies for business support service provider
- In Favour of Both, Partially
- Citation Number : TS-61-ITAT-2018(Bang)-TP
- Tax Payer : Oaknet Healthcare Pvt Ltd (formerly known as Adcock Ingram Healthcare Pvt Ltd)
ITAT: Upholds internal-TNMM despite low turnover; Remits ALP-computation to consider idle capacity adjustment
- In Favour of Assessee
- Citation Number : TS-60-ITAT-2018(HYD)-TP
- Tax Payer : Srini Pharmaceuticals Ltd
HC:Upholds 2 comparables exclusion for software-developer; Admits legal question on 2 comparables
- In Favour of Both, Partially
- Citation Number : TS-59-HC-2018(DEL)-TP
- Tax Payer : S.T. Ericsson India Pvt. Ltd (Chemical Construction International Pvt Ltd)
ITAT: Applies LIBOR+3bps as interest ALP for outstanding AE-receivables; Follows earlier orders
- In Favour of Assessee
- Citation Number : TS-58-ITAT-2018(PUN)-TP
- Tax Payer : Capgemini Technology Services India Limited, (in the matter of iGate Computer Systems Limited)