Updates ( 9077 results )
ITAT:ALP-determination by apportioning expenses on sales-basis not per prescribed method; Remits issue
- In Favour of Assessee
- Citation Number : TS-608-ITAT-2015(CHNY)-TP
- Tax Payer : Autoneum Nittoku Sound Proof Products India P Ltd
ITAT: TPO/DRP mechanically rejected risk & capital utilization adjustment; directs reconsideration
- In Favour of Assessee
- Citation Number : TS-607-ITAT-2015(DEL)-TP
- Tax Payer : Bechtel India P Ltd
ITAT: Accepts changed royalty payment basis under liberalized FEMA policy; Upholds TP-adjustment deletion
- In Favour of Assessee
- Citation Number : TS-605-ITAT-2015(DEL)-TP
- Tax Payer : Oracle India Pvt Ltd
ITAT: Directs reducing 50% of financial service benefit from corporate-service fee; Follows precedents
- In Favour of Both, Partially
- Citation Number : TS-604-ITAT-2015(CHANDI)-TP
- Tax Payer : DSM Sinochem Pharmaceuticals India Pvt. Ltd
ITAT: Sets aside non-speaking DRP order; Relies upon Vodafone and GAP International ruling
- In Favour of Assessee
- Citation Number : TS-603-ITAT-2015(Kol)-TP
- Tax Payer : Lexmark International (India) Pvt. Limited
ITAT: Excludes 2 comparables citing functional differences; Engineers India incomparable being Government company
- In Favour of Assessee
- Citation Number : TS-602-ITAT-2015(DEL)-TP
- Tax Payer : Bechtel India P Ltd
ITAT: Excludes 9 comparables for assessee engaged in providing BPO-services, follows Symphony ruling
- In Favour of Assessee
- Citation Number : TS-600-ITAT-2015(Bang)-TP
- Tax Payer : Flextronics Technologies (India) Private Ltd.
ITAT:Quashes AO’s final assessment order passed beyond 1 month from receiving DRP directions
- In Favour of Assessee
- Citation Number : TS-599-ITAT-2015(DEL)-TP
- Tax Payer : IHG IT Services (India) Pvt. Ltd.
ITAT: AO can’t modify ALP determined by TPO, absent specific direction from DRP
- In Favour of Assessee
- Citation Number : TS-597-ITAT-2015(DEL)-TP
- Tax Payer : Copal Research India Pvt. Ltd.
HC: Upholds ITAT’s rejection of Coral Hub and Eclerx services as comparable
- In Favour of Assessee
- Citation Number : TS-596-HC-2015(DEL)-TP
- Tax Payer : Copal Research India Pvt. Ltd
ITAT: Upholds LIBOR as interest benchmark for AE-loan; Remits corporate guarantee ALP-determination
- In Favour of Assessee
- Citation Number : TS-594-ITAT-2015(HYD)-TP
- Tax Payer : Rain Commodities Limited
ITAT: Rejects aggregation of agency provision services with distribution segment; Follows earlier order
- In Favour of Both, Partially
- Citation Number : TS-592-ITAT-2015(DEL)-TP
- Tax Payer : Corning SAS-India Branch Office
HC: Dismisses Revenue’s appeal; TP-adjustment on non-AE transactions, beyond scope of Chapter X
- In Favour of Assessee
- Citation Number : TS-590-HC-2015(BOM)-TP
- Tax Payer : Thyssen Krupp Industries India Pvt Ltd
ITAT: Rejects 6 comparables for investment advisory services due to functional dissimilarity
- In Favour of Assessee
- Citation Number : TS-589-ITAT-2015(Mum)-TP
- Tax Payer : Goldman Sachs (India) Securities Pvt Ltd
HC: Admits assessee’s appeal against TP-addition on royalty payment & retraction of comparables
- In Favour of Both, Partially
- Citation Number : TS-588-HC-2015(BOM)-TP
- Tax Payer : Kansai Nerolac Paints Ltd
HC: Admits Revenue’s appeal against ITAT’s rejection of 2 comparables for AY 2008-09
- In Favour of Revenue
- Citation Number : TS-586-HC-2015(BOM)-TP
- Tax Payer : Petro Araldite Pvt Ltd
ITAT: Notional interest not chargeable if AE-payable exceeds AE-receivable, remits issue to DRP
- In Favour of Assessee
- Citation Number : TS-581-ITAT-2015(HYD)-TP
- Tax Payer : Satyam Venture Engg Services Pvt Ltd
ITAT: Upholds DRP; Event management company incomparable to business support service provider assessee
- In Favour of Assessee
- Citation Number : TS-580-ITAT-2015(Mum)-TP
- Tax Payer : RGA Services India Pvt Ltd
ITAT: Directs examination of softex Forms/STPI-order to ascertain nature of assessee’s business
- In Favour of Both, Partially
- Citation Number : TS-577-ITAT-2015(Mum)-TP
- Tax Payer : Polycom Technology (R&D) Center Pvt Ltd
ITAT: Restricts royalty to 1% on exports; Follows subsequent year orders
- In Favour of Assessee
- Citation Number : TS-576-ITAT-2015(HYD)-TP
- Tax Payer : Gulf Oil Corporation Ltd