Updates ( 9077 results )
HC:Refrains DRP from adjudicating on TP applicability till writ disposal
- In Favour of Both, Partially
- Citation Number : TS-205-HC-2016(CAL)-TP
- Tax Payer : PCM Strescon Overseas Ventures Ltd
ITAT: Excludes AE reimbursements from operating costs absent functions performed
- In Favour of Assessee
- Citation Number : TS-204-ITAT-2016(DEL)-TP
- Tax Payer : International Merchandising Corporation
ITAT: Remits characterization of services whether software development or R&D; Follows earlier order
- In Favour of Both, Partially
- Citation Number : TS-203-ITAT-2016(Mum)-TP
- Tax Payer : Polycom Technology (R&D) Centre P Ltd
ITAT: Upholds CIT(A), deletes TP-adjustments on usage charges, depreciation of product registration rights
- In Favour of Assessee
- Citation Number : TS-201-ITAT-2016(Mum)-TP
- Tax Payer : Gharda Chemicals Limited
ITAT: Deletes royalty TP-adjustment but clarifies Coca Cola HC-ruling on RBI approval inapplicable
- In Favour of Assessee
- Citation Number : TS-200-ITAT-2016(Mum)-TP
- Tax Payer : SI Group India Limited
ITAT: Deletes interest adjustment on delayed realization of AE-debts; Follows Rusabh Diamonds ruling
- In Favour of Assessee
- Citation Number : TS-199-ITAT-2016(Mum)-TP
- Tax Payer : Firestone Diamond Pvt. Ltd
ITAT:Remits management fees payment for examination of evidences not filed during assessment
- In Favour of Assessee
- Citation Number : TS-198-ITAT-2016(Mum)-TP
- Tax Payer : Aker Powergas Pvt Ltd
ITAT: Remits comparability of E-Infochips for re-examination of segmental information availability
- In Favour of Assessee
- Citation Number : TS-197-ITAT-2016(HYD)-TP
- Tax Payer : Bruno’s Computer Solutions & Software Pvt Ltd
ITAT: Allows assessee’s appeal withdrawal as TP-issue resolved under Indo-USA MAP
- In Favour of Assessee
- Citation Number : TS-196-ITAT-2016(Bang)-TP
- Tax Payer : Affiliated Computer Services of India Pvt Ltd
ITAT:Remits matter for admission of additional evidence; Relies on Avan-Gidwani ruling
- In Favour of Assessee
- Citation Number : TS-189-ITAT-2016(Mum)-TP
- Tax Payer : DSV Air & Seas Private Ltd
ITAT: Directs adoption of LIBOR+2% for benchmarking loan to foreign AE; Follows earlier orders
- In Favour of Assessee
- Citation Number : TS-188-ITAT-2016(Mum)-TP
- Tax Payer : S B & T International Ltd
ITAT: Cannot exclude functionally comparable company merely because working-capital impact over 4%
- In Favour of Assessee
- Citation Number : TS-187-ITAT-2016(Bang)-TP
- Tax Payer : Logica Private Limited
ITAT:Directs CIT(A) to decide assessee’s appeal on merits, deficient appeal memo rectified
- In Favour of Assessee
- Citation Number : TS-186-ITAT-2016(Mum)-TP
- Tax Payer : Mercator Ltd
ITAT: Deletes TP-addition on corporate guarantee; Follows earlier AY decision in own case
- In Favour of Assessee
- Citation Number : TS-185-ITAT-2016(Mum)-TP
- Tax Payer : Siro Clinpharm Private Limited
ITAT: Directs adoption of AE country interest rates for outbound loan; Follows earlier-order
- In Favour of Assessee
- Citation Number : TS-184-ITAT-2016(Bang)-TP
- Tax Payer : Subex Limited
ITAT: Directs verification of ‘Loan Connector’ database rates for benchmarking interest received
- In Favour of Assessee
- Citation Number : TS-181-ITAT-2016(Bang)-TP
- Tax Payer : Subex Ltd
ITAT: Remits ALP-determination for export transaction; Notes cost-plus method accepted in subsequent years
- In Favour of Assessee
- Citation Number : TS-179-ITAT-2016(Kol)-TP
- Tax Payer : Magnum Clothing (P) Ltd
HC: Dismisses Revenue’s appeal against ITAT’s remand for undertaking risk adjustment following Motorola-ruling
- In Favour of Assessee
- Citation Number : TS-178-HC-2016(DEL)-TP
- Tax Payer : Avaya India Pvt Ltd
ITAT: Excludes 7 comparables for ITES-provider; Upholds CIT (A)'s exclusion of loss-making comparables
- In Favour of Assessee
- Citation Number : TS-177-ITAT-2016(Bang)-TP
- Tax Payer : Amba Research (India) P Ltd
ITAT: Excludes e-Clerx (a KPO) as comparable for BPO service provider; Follows Rampgreen HC-ruling
- In Favour of Assessee
- Citation Number : TS-176-ITAT-2016(DEL)-TP
- Tax Payer : Genpact Services LLC