Updates ( 9076 results )

Filters

ITAT: Excludes 2 functionally different entities as comparable for assessee's R&D related support services

  • In Favour of Assessee
  • Citation Number : TS-936-ITAT-2016(Mum)-TP
  • Tax Payer : Evonik Degussa India Private Limited

ITAT:Dismisses assessee’s appeal for non-prosecution absent representation on hearing date

  • In Favour of Revenue
  • Citation Number : TS-934-ITAT-2016(Bang)-TP
  • Tax Payer : Karuturi Global Ltd

ITAT: Accepts LIBOR+3% interest on ECB considering higher borrowing cost in AE’s hands

  • In Favour of Assessee
  • Citation Number : TS-933-ITAT-2016(Mum)-TP
  • Tax Payer : Goodyear South Asia TyresPrivate Limited

HC: Dismisses Revenue's appeal on selection of comparables for investment advisory service provider

  • In Favour of Assessee
  • Citation Number : TS-928-HC-2016(BOM)-TP
  • Tax Payer : Temasek Holdings Advisors India Pvt Ltd

ITAT: Rules on comparable selection for software development/ design engineering services

  • In Favour of Assessee
  • Citation Number : TS-927-ITAT-2016(PUN)-TP
  • Tax Payer : John Deere India Pvt Ltd

ITAT: Accepts non-operating claim for expenses of business unit after cessation of operations

  • In Favour of Both, Partially
  • Citation Number : TS-925-ITAT-2016(Bang)-TP
  • Tax Payer : Business Process Outsourcing (India ) Pvt Ltd

ITAT: CIT(A)'s order setting aside comparable issue beyond Sec 251(1)(a) mandate, remits issue

  • In Favour of Both, Partially
  • Citation Number : TS-924-ITAT-2016(Bang)-TP
  • Tax Payer : Broadcom India Pvt Ltd

ITAT: Admits additional ground on comparability to issue relying on Quark System SB-ruling

  • In Favour of Both, Partially
  • Citation Number : TS-923-ITAT-2016(Bang)-TP
  • Tax Payer : TE Connectivity Global Shared Services

ITAT: Remits working capital adjustment issue to consider allocation of common creditors

  • In Favour of Assessee
  • Citation Number : TS-922-ITAT-2016(Bang)-TP
  • Tax Payer : Marlabs Software Pvt Ltd

ITAT: Upholds reference made to TPO after due approval; Remits combined benchmarking issue

  • In Favour of Both, Partially
  • Citation Number : TS-919-ITAT-2016(Bang)-TP
  • Tax Payer : Sealed Air (India) P Ltd

ITAT: Grants stay extension; Delay in appeal disposal not attributable to assessee

  • In Favour of Assessee
  • Citation Number : TS-918-ITAT-2016(Bang)-TP
  • Tax Payer : The Himalaya Drug Co

ITAT: Excludes Motilal Oswal, IDFC and ICRA-O as comparables for investment advisory service provider

  • In Favour of Assessee
  • Citation Number : TS-916-ITAT-2016(Mum)-TP
  • Tax Payer : Arisaig Partners (India) Private Limited

ITAT:Directs application of TNMM over TPO’s CPM as MAM; Follows subsequent years’ orders

  • In Favour of Assessee
  • Citation Number : TS-915-ITAT-2016(Bang)-TP
  • Tax Payer : GE BE Private Ltd

ITAT:Grants stay extension; Delay in appeal disposal not attributable to assessee

  • In Favour of Assessee
  • Citation Number : TS-914-ITAT-2016(Bang)-TP
  • Tax Payer : GE Intelligent Platforms Private Limited

ITAT: Excludes 3 functionally dissimilar comparables for investment advisor; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-912-ITAT-2016(Mum)-TP
  • Tax Payer : Mount Kellet Capital Management India Pvt Ltd

ITAT:Allows comparability adjustments in employee cost, depreciation and rental charges; Remits issue

  • In Favour of Both, Partially
  • Citation Number : TS-909-ITAT-2016(Bang)-TP
  • Tax Payer : Safran Aerospace India Pvt Ltd

ITAT: Deletes interest adjustment on AE-receivables considering assessee’ alternate plea, follows earlier ruling

  • In Favour of Assessee
  • Citation Number : TS-908-ITAT-2016(Mum)-TP
  • Tax Payer : Agilisys IT Services India Pvt Ltd

ITAT: Dismisses Revenue appeal; Upholds CIT(A)’s deletion of TP-adjustment considering +/-5 tolerance benefit

  • In Favour of Assessee
  • Citation Number : TS-907-ITAT-2016(Bang)-TP
  • Tax Payer : EMC Data Storage Systems (India) Pvt Ltd

ITAT: Deletes interest adjustment on AE-receivables, assessee's margin after reducing interest, at ALP

  • In Favour of Assessee
  • Citation Number : TS-906-ITAT-2016(Mum)-TP
  • Tax Payer : Agilisys IT Services India Pvt Ltd

ITAT:Dismisses appeal considering non-communication of new address by assessee for serving notice

  • In Favour of Revenue
  • Citation Number : TS-905-ITAT-2016(Bang)-TP
  • Tax Payer : Maxim India Integrated Circuit Design Pvt Ltd