Updates ( 9073 results )

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ITAT:Deletes TP-adjustment for expense reimbursement; Keeps issue open for Franchise Fees reimbursement

  • In Favour of Both, Partially
  • Citation Number : TS-782-ITAT-2017(Mum)-TP
  • Tax Payer : Royal Canin India Pvt Ltd

ITAT: Deletes TP-adjustment on delayed AE-receivables; Follows Bechtel, Kusum Healthcare HC-rulings

  • In Favour of Assessee
  • Citation Number : TS-781-ITAT-2017(DEL)-TP
  • Tax Payer : Kadimi Tool Manufacturing Co Pvt Ltd

HC: Dismisses Revenue’s appeal against ITAT-order holding assessee's export-commission payment at ALP

  • In Favour of Assessee
  • Citation Number : TS-780-HC-2017(DEL)-TP
  • Tax Payer : Paxar India Private Limited

ITAT: Excludes Wipro Technologies on grounds of RPT, turnover and brand value; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-778-ITAT-2017(DEL)-TP
  • Tax Payer : Agnity India Technologies Pvt Ltd

ITAT: Upholds assessee’s 2% interest rate on AE-loan at ALP being more than LIBOR

  • In Favour of Assessee
  • Citation Number : TS-777-ITAT-2017(VIZ)-TP
  • Tax Payer : CCL Products (India) Limited

HC: Dismisses Revenue’s appeal challenging ITAT-order on comparable selection for data processing company

  • In Favour of Assessee
  • Citation Number : TS-776-HC-2017(DEL)-TP
  • Tax Payer : OKS Span Tech Pvt Ltd

ITAT: Remits TP-addition on intra-group services and redeemable preference shares; Follows earlier order

  • In Favour of Both, Partially
  • Citation Number : TS-775-ITAT-2017(DEL)-TP
  • Tax Payer : Cairn India Ltd

ITAT:Upholds assessment quoting PAN of amalgamating company, rejects assessee’s non-existing company plea

  • In Favour of Revenue
  • Citation Number : TS-773-ITAT-2017(HYD)-TP
  • Tax Payer : B.A. Continuum India Private Limited

ITAT: Rules on comparable-selection for investment advisor; Applies LIBOR to compute interest on delayed AE-receivables

  • In Favour of Assessee
  • Citation Number : TS-772-ITAT-2017(DEL)-TP
  • Tax Payer : ChrysCapital Investment Advisors (India) Private Limited

ITAT: Excludes 'FCS Software' for software developer citing functional dissimilarity, absence of segmental details

  • In Favour of Assessee
  • Citation Number : TS-770-ITAT-2017(PUN)-TP
  • Tax Payer : Barclays Technology Centre India Pvt Ltd

ITAT: Excludes ‘Infosys-BPO’, ‘Accentia’ for ITeS provider citing extraordinary financial events; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-769-ITAT-2017(PUN)-TP
  • Tax Payer : BNY Mellon International Operations (India) Pvt Ltd

ITAT: Remits software services ALP-determination back to CIT(A) absent assessee’s furnishing of adequate data

  • In Favour of Revenue
  • Citation Number : TS-768-ITAT-2017(DEL)-TP
  • Tax Payer : Vedaris Technology Pvt Ltd

ITAT:Grants partial stay on demand arising from TP-adjustment in respect of royalty payment

  • In Favour of Both, Partially
  • Citation Number : TS-764-ITAT-2017(Mum)-TP
  • Tax Payer : Firmenich Aromatics (India) Private Limited

ITAT: Dismisses appeal considering assessee's disinterest in prosecuting appeal; Follows Multiplan ruling

  • In Favour of Revenue
  • Citation Number : TS-763-ITAT-2017(Bang)-TP
  • Tax Payer : Advice America Software Development Center Pvt Ltd

ITAT:Recalls ex-parte Tribunal-order considering reasonable cause for assessee’s non-appearance for hearing

  • In Favour of Assessee
  • Citation Number : TS-761-ITAT-2017(Bang)-TP
  • Tax Payer : Salesforce.com India Private Limited

ITAT:TPO to follow DRP-direction of restricting TP-adjustment to international transactions; Remits 2 comparables

  • In Favour of Assessee
  • Citation Number : TS-760-ITAT-2017(DEL)-TP
  • Tax Payer : Boettcher India Pvt Ltd

ITAT: Dismisses defective miscellaneous-petition; Single application not sufficient to rectify cross appeals

  • In Favour of Revenue
  • Citation Number : TS-759-ITAT-2017(Bang)-TP
  • Tax Payer : IDS Software Solutions India Pvt Ltd

HC: Upholds ITAT’s exclusion of comparables in software development & ITeS segments

  • In Favour of Assessee
  • Citation Number : TS-758-HC-2017(DEL)-TP
  • Tax Payer : Ut Starcom Inc (India Branch)

ITAT:Directs DRP to verify whether Forex gains pertain to current year's turnover

  • In Favour of Both, Partially
  • Citation Number : TS-757-ITAT-2017(Bang)-TP
  • Tax Payer : Akamai Technologies India Private Limited

ITAT: High working capital adjustment not ground for comparable exclusion, follows Logical ruling

  • In Favour of Both, Partially
  • Citation Number : TS-756-ITAT-2017(Bang)-TP
  • Tax Payer : Target Corporation India Pvt Ltd