Updates ( 9076 results )
ITAT: Fixed turnover slab gives absurd comparability results; Rejects comparables exclusion merely for high-turnover
- In Favour of Both, Partially
- Citation Number : TS-693-ITAT-2016(Bang)-TP
- Tax Payer : Softbrands India Pvt Ltd
ITAT: Rules on comparables selection for customer-support and software-service provider; Follows precedents
- In Favour of Assessee
- Citation Number : TS-692-ITAT-2016(Bang)-TP
- Tax Payer : Magma Design Automation India Pvt Ltd
ITAT:Dismisses TP-ground concerning markup on Liason-Office activities following earlier-AY decision
- In Favour of Assessee
- Citation Number : TS-691-ITAT-2016(DEL)-TP
- Tax Payer : Rolls Royce Industrial Power India Ltd
ITAT: Dismisses Logix Microsystems’ petition for stay extension, none appeared on assessee's behalf
- In Favour of Assessee
- Citation Number : TS-707-ITAT-2016(Bang)-TP
- Tax Payer : Logix Microsystems Ltd
ITAT: Rejects exclusion of functionally similar comparable for contract manufacturer
- In Favour of Assessee
- Citation Number : TS-689-ITAT-2016(Mum)-TP
- Tax Payer : Tevapharm India Pvt Ltd
ITAT: Directs TPO to re-calculate ALP of royalty payment after considering bought-out components
- In Favour of Both, Partially
- Citation Number : TS-688-ITAT-2016(CHNY)-TP
- Tax Payer : Regen Powertech P Ltd
ITAT: Directs exclusion of of abnormal costs in margin computation, follows Marubeni India HC ruling
- In Favour of Assessee
- Citation Number : TS-685-ITAT-2016(PUN)-TP
- Tax Payer : HOV Services Ltd
ITAT: Excludes 14 comparables for software development service provider, follows precedents
- In Favour of Assessee
- Citation Number : TS-684-ITAT-2016(HYD)-TP
- Tax Payer : Nebulae Technologies Private Limited
ITAT: Applies financial year filter, excludes functionally dissimilar comparables for software service provider
- In Favour of Assessee
- Citation Number : TS-683-ITAT-2016(Bang)-TP
- Tax Payer : McAfee Software India Ltd
ITAT: Applies 10 times multiple as turnover filter for excluding comparables for software-developer
- In Favour of Both, Partially
- Citation Number : TS-681-ITAT-2016(Bang)-TP
- Tax Payer : PMC - Sierra India Pvt Ltd
ITAT: Excludes Elnet Technologies as comparable for software developer on functional dissimilarity grounds
- In Favour of Assessee
- Citation Number : TS-680-ITAT-2016(Mum)-TP
- Tax Payer : V2 Tech Ventures Pvt Ltd
ITAT: Dismisses Affiliated Computer Services' appeal; TP-issues resolved under MAP
- In Favour of Both, Partially
- Citation Number : TS-679-ITAT-2016(Bang)-TP
- Tax Payer : Affiliated Computer Services of India Pvt Ltd
ITAT: Excludes 6 comparables for software development service-provider, follows Electronics for Imaging ruling
- In Favour of Assessee
- Citation Number : TS-678-ITAT-2016(Bang)-TP
- Tax Payer : Applied Materials India Pvt Ltd
ITAT: Applies turnover filter, excludes functionally dissimilar comparables for 2 Hewlett Packard entities
- In Favour of Both, Partially
- Citation Number : TS-677-ITAT-2016(Bang)-TP
- Tax Payer : Hewlett Packard Globalsoft Pvt Ltd, TH Consulting (India) Pvt Ltd and Hewlett Packard Globalsoft Pvt. Ltd, RELQ Software Pvt Ltd
ITAT: Upholds purchase price exclusion from job-worker's operating-cost, considers DRP-order as achieving finality
- In Favour of Assessee
- Citation Number : TS-675-ITAT-2016(Bang)-TP
- Tax Payer : Transpac Asia Pvt Ltd
ITAT:Upholds TP-adjustment against ‘irrational’ technical-fees paid in excess of agreement terms
- In Favour of Revenue
- Citation Number : TS-674-ITAT-2016(CHNY)-TP
- Tax Payer : International Seaport Dredging Ltd
ITAT:Quashes penalty, follows earlier year ruling; Accepting enhanced mark-up not concealment
- In Favour of Assessee
- Citation Number : TS-673-ITAT-2016(DEL)-TP
- Tax Payer : Gap International Sourcing India Pvt Ltd
ITAT: Excludes 3 comparables for ITES-provider; Holds forex-fluctuation loss as operating in nature
- In Favour of Both, Partially
- Citation Number : TS-672-ITAT-2016(HYD)-TP
- Tax Payer : G D Research Center Pvt Ltd
ITAT:Transactions with PE of foreign-AE outside Sec 92B purview; Follows earlier order
- In Favour of Assessee
- Citation Number : TS-671-ITAT-2016(HYD)-TP
- Tax Payer : IJM (India) Infrastructure Ltd
ITAT: Upholds CIT(A)’s TP-adjustment deletion, can’t adopt earlier year’s comparables absent proper analysis
- In Favour of Assessee
- Citation Number : TS-670-ITAT-2016(DEL)-TP
- Tax Payer : Interra Infotech (India) Pvt Ltd