Updates ( 9073 results )

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ITAT:Dismisses appeal against CIT(A)’s penalty-deletion considering fresh proceedings post-ITAT’s quantum adjustment remand

  • In Favour of Assessee
  • Citation Number : TS-3-ITAT-2018(DEL)-TP
  • Tax Payer : Actis Advisers Pvt Ltd

ITAT: Can’t add markup on expense reimbursements as merely balance-sheet entries; Follows earlier-order

  • In Favour of Assessee
  • Citation Number : TS-1048-ITAT-2017(HYD)-TP
  • Tax Payer : Cambridge Technology Enterprises Ltd

ITAT: Excludes Bodthree, remits Tata Elxsi & Infosys comparability for software developer

  • In Favour of Both, Partially
  • Citation Number : TS-1047-ITAT-2017(Bang)-TP
  • Tax Payer : Narus Networks Pvt Ltd

ITAT:Rejects DRP’s entity level TP-adjustment; Follows Keihin Panalfa & Alstom Projects HC-rulings

  • In Favour of Assessee
  • Citation Number : TS-1046-ITAT-2017(CHNY)-TP
  • Tax Payer : Yongsan Automotive India Pvt Ltd

ITAT: Dismisses TP-grounds in view of settlement of dispute under MAP

  • In Favour of Both, Partially
  • Citation Number : TS-1045-ITAT-2017(Bang)-TP
  • Tax Payer : Flowserve India Controls Pvt Ltd

ITAT:Rejects Tribunal’s income enhancement by considering guarantee commission in ALP; Allows miscellaneous-application

  • In Favour of Assessee
  • Citation Number : TS-1044-ITAT-2017(Mum)-TP
  • Tax Payer : Uttam Galva Steel Ltd

ITAT: Dismisses assessee's miscellaneous petition alleging non-adjudication of some TP-grounds

  • In Favour of Revenue
  • Citation Number : TS-1043-ITAT-2017(Bang)-TP
  • Tax Payer : Kaypee Electronics & Associates Pvt Ltd

ITAT: Rejects miscellaneous-petition seeking additional evidence consideration regarding receipt of intra-group services

  • In Favour of Revenue
  • Citation Number : TS-1042-ITAT-2017(Bang)-TP
  • Tax Payer : Herbalife International India Pvt Ltd

ITAT: Dismisses miscellaneous petition seeking adjudication on certain grounds absent arguments during hearing

  • In Favour of Assessee
  • Citation Number : TS-1041-ITAT-2017(Bang)-TP
  • Tax Payer : Biesse Manufacturing Co. Pvt. Ltd

ITAT:Allows miscellaneous petition; Recalls order dismissing assessee's appeal in limine

  • In Favour of Assessee
  • Citation Number : TS-1040-ITAT-2017(Bang)-TP
  • Tax Payer : Indeca Sporting Goods Pvt Ltd

ITAT:Deletes concealment penalty as TP-adjustment had no effect on income of assessee

  • In Favour of Assessee
  • Citation Number : TS-1039-ITAT-2017(DEL)-TP
  • Tax Payer : Goodyear India Ltd

ITAT: Classifies assessee as low-end BPO; Rejects comparables with ‘shady past’ record

  • In Favour of Both, Partially
  • Citation Number : TS-1038-ITAT-2017(DEL)-TP
  • Tax Payer : Everest Business Advisory India

ITAT: Dismisses assessee’s miscellaneous application considering idle capacity adjustment issue adjudicated by Tribunal

  • In Favour of Revenue
  • Citation Number : TS-1037-ITAT-2017(Bang)-TP
  • Tax Payer : Trianz Holdings Pvt Ltd

ITAT: Directs TPO to decide TP-issues according to subsequent-year APA terms if transactions similar

  • In Favour of Assessee
  • Citation Number : TS-1036-ITAT-2017(PUN)-TP
  • Tax Payer : Abicor Binzel Production (India) Pvt Ltd

ITAT:Sets aside CIT(A)’s order absent proper adjudication on disputed comparables

  • In Favour of Assessee
  • Citation Number : TS-1035-ITAT-2017(Bang)-TP
  • Tax Payer : GE Intelligent Platforms Pvt. Ltd (formerly GE Fanuc Systems Pvt. Ltd)

ITAT: Holds assessment framed in non-existing merged company’s name as unsustainable

  • In Favour of Assessee
  • Citation Number : TS-1034-ITAT-2017(DEL)-TP
  • Tax Payer : JCB India Limited (formerly known as JCB Manufacturing Pvt Ltd)

ITAT: Remits aggregation issue, MAM selection for product development & management fees transactions

  • In Favour of Both, Partially
  • Citation Number : TS-1033-ITAT-2017(Bang)-TP
  • Tax Payer : Autoliv India Pvt Ltd

ITAT:Excludes not-for-profit organization as comparable for assessee's profit making marketing support segment

  • In Favour of Assessee
  • Citation Number : TS-1031-ITAT-2017(DEL)-TP
  • Tax Payer : Belkin India Private Limited

ITAT: CUP-method emphasizes ‘price’ comparison, rejects royalty/sales ratio for benchmarking royalty/FTS transactions

  • In Favour of Both, Partially
  • Citation Number : TS-1030-ITAT-2017(DEL)-TP
  • Tax Payer : TS Tech Sun India Pvt Ltd

ITAT: Grants stay of outstanding demand to Citrix considering 50% demand already discharged

  • In Favour of Assessee
  • Citation Number : TS-1029-ITAT-2017(Bang)-TP
  • Tax Payer : Citrix R & D India Pvt Ltd