Updates ( 9077 results )

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ITAT: Depreciation rate difference warrants appropriate adjustment, not exclusion from comparable’s operating margin

  • In Favour of Assessee
  • Citation Number : TS-347-ITAT-2015(Bang)-TP
  • Tax Payer : ACI Worldwide Solutions Pvt Ltd

ITAT:Upholds CIT(A)'s acceptance of intra-group payments at cost, disallowance restricted to mark-up

  • In Favour of Assessee
  • Citation Number : TS-346-ITAT-2015(Bang)-TP
  • Tax Payer : Payne (India) Pvt Ltd

ITAT: Remits Bodhtree's comparability; Can't judge functional similarity based on incomplete financial statements

  • In Favour of Assessee
  • Citation Number : TS-345-ITAT-2015(Bang)-TP
  • Tax Payer : Support.com India Pvt Ltd

ITAT: Sets aside DRP’s non-speaking order absent deliberation on methodology of selecting comparables

  • In Favour of Assessee
  • Citation Number : TS-344-ITAT-2015(Mum)-TP
  • Tax Payer : Infor Global Solutions (I) Pvt Ltd

ITAT: Bodhtree, Tata-Elxsi & Infosys functionally dissimilar to assessee rendering captive software-development service

  • In Favour of Assessee
  • Citation Number : TS-341-ITAT-2015(Bang)-TP
  • Tax Payer : Rambus Chip Technologies (India) Pvt Ltd

ITAT: Applies turnover filter of Rs 200 crores to exclude 5 companies, follows Genisys ruling

  • In Favour of Assessee
  • Citation Number : TS-340-ITAT-2015(Bang)-TP
  • Tax Payer : McAfee Software (India) Pvt Ltd

ITAT: Government ownership, no criteria to reject comparable unless impacting operating margins

  • In Favour of Assessee
  • Citation Number : TS-779-ITAT-2012(PUN)-TP
  • Tax Payer : Vishay Components India P Ltd

ITAT:Directs verification of assessee's local AMP-expenses in accordance with Delhi-HC Sony ratio

  • In Favour of Assessee
  • Citation Number : TS-338-ITAT-2015(DEL)-TP
  • Tax Payer : Panasonic Consumer India Pvt Ltd (Formerly known as Panasonic India Pvt Ltd)

ITAT: ‘Satyam Computers’ incomparable owing to unreliable financial results; Deletes TP addition

  • In Favour of Assessee
  • Citation Number : TS-337-ITAT-2015(DEL)-TP
  • Tax Payer : Motherson Sumi Infotech & Design Ltd

ITAT: ‘eClerx’, 'Mold-Tek’ incomparable to low-end ITES provider, follows Maersk Global SB ruling

  • In Favour of Assessee
  • Citation Number : TS-336-ITAT-2015(Bang)-TP
  • Tax Payer : Goldman Sachs Services Pvt Ltd

ITAT: TP-adjustment to be restricted to international transaction, can’t be on entire turnover

  • In Favour of Assessee
  • Citation Number : TS-335-ITAT-2015(Mum)-TP
  • Tax Payer : Federal Mogul Bearing India Ltd

ITAT: Excludes 12 companies functionally dissimilar from software-developer assessee, follows First Advantage ruling

  • In Favour of Assessee
  • Citation Number : TS-333-ITAT-2015(Bang)-TP
  • Tax Payer : Sunquest Information Systems (India) Private Limited

ITAT: Sets aside CIT(A)’s order absent consideration of assessee’s objections on inclusion of comparables

  • In Favour of Assessee
  • Citation Number : TS-332-ITAT-2015(Bang)-TP
  • Tax Payer : SiNett Semiconductors India Pvt Ltd

ITAT: Dismisses MA, no apparent mistake as ITAT included comparable considered in assessee’s TP-study

  • In Favour of Assessee
  • Citation Number : TS-329-ITAT-2015(Mum)-TP
  • Tax Payer : Evonik India Private Limited

ITAT: CIT(A) can't dismiss appeal for not approaching DRP; Selecting forum taxpayer's prerogative

  • In Favour of Assessee
  • Citation Number : TS-328-ITAT-2015(Bang)-TP
  • Tax Payer : Nirvana Business Solutions Pvt Ltd

ITAT: Insignificant transaction volume no ground for rejecting internal-comparables, follows Lummus, Tecnimont rulings

  • In Favour of Assessee
  • Citation Number : TS-325-ITAT-2015(HYD)-TP
  • Tax Payer : NTT DATA Global Delivery Services Ltd

ITAT: Excludes 18 of 26 comparables on turnover-filter, functional dissimilarity with software service-provider

  • In Favour of Assessee
  • Citation Number : TS-323-ITAT-2015(Bang)-TP
  • Tax Payer : Serial Innovations India Pvt Ltd Vs DCIT

ITAT: Cost-plus MAM for contract manufacturer; Allows adjustment for comparables' additional selling expenses

  • In Favour of Assessee
  • Citation Number : TS-322-ITAT-2015(Bang)-TP
  • Tax Payer : GE Medical Systems India Pvt Ltd

ITAT:Remits royalty benchmarking for acceptance of fresh comparables, follows earlier AY order

  • In Favour of Assessee
  • Citation Number : TS-319-ITAT-2015(Mum)-TP
  • Tax Payer : SAB Miller India Limited (Formerly SKOL Breweries Limited)

ITAT: Excludes Infosys and Satyam as comparables for software-developer assessee; Follows Agnity ruling

  • In Favour of Assessee
  • Citation Number : TS-318-ITAT-2015(DEL)-TP
  • Tax Payer : Mentor Graphics (Noida) Pvt Ltd