Updates ( 9076 results )
ITAT: Remits adjustment for non-operating cost to CIT(A) absent details on record
- In Favour of Both, Partially
- Citation Number : TS-971-ITAT-2016(Bang)-TP
- Tax Payer : Telelogic India Pvt Ltd
ITAT: Excludes Thirdware Solution as comparable; AO to give effect to DRP-directions
- In Favour of Both, Partially
- Citation Number : TS-970-ITAT-2016(Ahd)-TP
- Tax Payer : I-Many Software Pvt Ltd
ITAT: Benchmarks interest free loan at LIBOR +2% following earlier orders
- In Favour of Assessee
- Citation Number : TS-969-ITAT-2016(Mum)-TP
- Tax Payer : S B & T International Ltd
HC: Confirms ITAT’s exclusion of comparables outsourcing substantial part (>40) of business
- In Favour of Assessee
- Citation Number : TS-968-HC-2016(P & H)-TP
- Tax Payer : IHG IT Services (India) Pvt Ltd
HC: Dismisses Revenue's appeal, ITAT-order deleting TP-adjustment on sourcing activity 'intensive & exhaustive'
- In Favour of Assessee
- Citation Number : TS-967-HC-2016(DEL)-TP
- Tax Payer : Bestseller United India Pvt Ltd
ITAT: Deletes TP-adjustment considering 5 benefit; International transactions' value relevant, not total turnover
- In Favour of Assessee
- Citation Number : TS-965-ITAT-2016(Ahd)-TP
- Tax Payer : Liquid Controls India Pvt Ltd
HC: Confirms ITAT order deleting TP-addition on delayed AE-receivables, considers Indo American HC-ruling
- In Favour of Assessee
- Citation Number : TS-962-HC-2016(BOM)-TP
- Tax Payer : Livingstones
HC: Directs ITAT to expedite Singapore-based company’s appeal considering winding-up proceedings
- In Favour of Assessee
- Citation Number : TS-961-HC-2016(DEL)-TP
- Tax Payer : Nortel Networks Singapore Pte Ltd
ITAT:Quashes assessment order based on time-barred notice u/s143(2); Rejects Revenue’s estoppel plea
- In Favour of Assessee
- Citation Number : TS-960-ITAT-2016(Mum)-TP
- Tax Payer : Standard Chartered Finance Ltd
HC: Dismisses Revenue’s appeal on comparables’ exclusion, refuses to condone appeal filing delay
- In Favour of Assessee
- Citation Number : TS-959-HC-2016(DEL)-TP
- Tax Payer : Premier Exploration Services Pvt Ltd
ITAT: Absence of TP-adjustment on AE-expenditure reimbursement indicates transaction genuineness, deletes Sec. 10A disallowance
- In Favour of Assessee
- Citation Number : TS-957-ITAT-2016(HYD)-TP
- Tax Payer : Value Momentum Software Services P Ltd
ITAT: Includes comparable following calendar year accounting, assessee to furnish compiled financial-year data
- In Favour of Both, Partially
- Citation Number : TS-956-ITAT-2016(CHNY)-TP
- Tax Payer : RR Donnelley India Outsource Pvt Ltd
ITAT:DRP to pass speaking order on profit attribution to Indian-PE of German-assessee
- In Favour of Assessee
- Citation Number : TS-955-ITAT-2016(CHNY)-TP
- Tax Payer : Durr Systems Gmbh
ITAT: Remits adjustment towards interest on delayed AE-receivables to examine credit-period to non-AE
- In Favour of Both, Partially
- Citation Number : TS-954-ITAT-2016(Mum)-TP
- Tax Payer : Shrenuj Gems & Jewellery Ltd
ITAT: Deletes Rs.3.19cr TP-adjustment on AE-expenditure reimbursement, no profit-element involved
- In Favour of Assessee
- Citation Number : TS-953-ITAT-2016(Mum)-TP
- Tax Payer : Ness Technologies India Private Ltd
ITAT: Allows assessee’s appeal against ex-party DRP order; Remits TP-issues for fresh consideration
- In Favour of Assessee
- Citation Number : TS-952-ITAT-2016(COCH)-TP
- Tax Payer : Delphi Connection Systems India P Ltd
ITAT: Deletes penalty u/s 271AA, assessee made sufficient compliance for maintaining prescribed documentation
- In Favour of Assessee
- Citation Number : TS-949-ITAT-2016(Mum)-TP
- Tax Payer : Cadbury Schweppes Overseas Ltd
ITAT:Remits guarantee TP-issue for verifying actual commission payment to bank
- In Favour of Both, Partially
- Citation Number : TS-941-ITAT-2016(CHNY)-TP
- Tax Payer : Sundaram Fasteners Ltd
ITAT: Companies cannot be excluded merely for abnormal profits /losses, further examination necessary
- In Favour of Both, Partially
- Citation Number : TS-940-ITAT-2016(Bang)-TP
- Tax Payer : Acusis Software India Pvt Ltd
ITAT:'Merger' not relevant factor for comparability for period beyond 2 succeeding AYs
- In Favour of Assessee
- Citation Number : TS-939-ITAT-2016(Ahd)-TP
- Tax Payer : General Motors India Pvt Ltd