Updates ( 9077 results )

Filters

ITAT: Accepts 105% range computation w.r.t. to international transaction value, deletes TP adjustment

  • In Favour of Both, Partially
  • Citation Number : TS-265-ITAT-2014(Bang)-TP
  • Tax Payer : AT&T Global Business Services India P. Ltd.

ITAT:Admits additional evidence justifying corporate charge payments; Restores matter for re-consideration

  • In Favour of Assessee
  • Citation Number : TS-259-ITAT-2014(DEL)-TP
  • Tax Payer : Contitech India Pvt. Ltd.

ITAT:Sub-lease arrangement between related parties genuine sans difference between 'professed' & 'real' intention 

  • In Favour of None/NA
  • Citation Number : TS-258-ITAT-2014(Bang)-TP
  • Tax Payer : Davanam Jewellers Pvt. Ltd.

ITAT: Excludes Helios failing turnover filter of 200 crores & KALS being software developer

  • In Favour of Assessee
  • Citation Number : TS-257-ITAT-2014(PUN)-TP
  • Tax Payer : Bitwise Solutions Pvt. Ltd.

ITAT: Upholds TPO’s inclusion of onsite expenses for computing employee cost filter

  • In Favour of Both, Partially
  • Citation Number : TS-255-ITAT-2014(DEL)-TP
  • Tax Payer : United Health Group Information Services Pvt. Ltd.

ITAT:Selling expenses not within AMP ambit, follows LG Special Bench ruling

  • In Favour of Assessee
  • Citation Number : TS-254-ITAT-2014(DEL)-TP
  • Tax Payer : Sharp Business Systems (India) Ltd.

ITAT: Allows TP relief to Bearingpoint following 3DPLM ruling

  • In Favour of Assessee
  • Citation Number : TS-253-ITAT-2014(Bang)-TP
  • Tax Payer : Bearingpoint Property Services P. Ltd.

ITAT: Directs TPO to determine assessee's characterization into IT or ITES, follows earlier ruling

  • In Favour of Assessee
  • Citation Number : TS-252-ITAT-2014(HYD)-TP
  • Tax Payer : Broadridge Financial Solutions (India) Pvt. Ltd.

HC:'Guarantee commission' = insurance premium to cover risk; Allows Sec. 37 deduction

  • In Favour of Assessee
  • Citation Number : TS-251-HC-2014(AP)-TP
  • Tax Payer : The Andhra Pradesh State Financial Corporation

ITAT: Effective royalty rate relevant in benchmarking, not stated rate

  • In Favour of Assessee
  • Citation Number : TS-250-ITAT-2014(Ahd)-TP
  • Tax Payer : Hitachi Home & Life Solutions (India) Ltd.

ITAT: Investment/ merchant banking incomparable to investment advisory/ support services; Follows earlier rulings

  • In Favour of Assessee
  • Citation Number : TS-249-ITAT-2014(Mum)-TP
  • Tax Payer : Carlyle India Advisors P. Ltd.

ITAT: Applies 25% RPT filter; TPO's 15% filter relying on Sony ruling rejected

  • In Favour of Both, Partially
  • Citation Number : TS-244-ITAT-2014(Mum)-TP
  • Tax Payer : Zee Entertainment Enterprises Ltd.

ITAT: LIBOR more appropriate over domestic PLR for interest free loan benchmarking

  • In Favour of Both, Partially
  • Citation Number : TS-242-ITAT-2014(Bang)-TP
  • Tax Payer : TTK Prestige Ltd.

ITAT:DRP can't delegate its authority back to AO; Cogent reasons, clear directions must

  • In Favour of None/NA
  • Citation Number : TS-235-ITAT-2014(Mum)-TP
  • Tax Payer : Swiber Offshore Construction Pte. Ltd.

ITAT: Extends stay on Capgemini's 100 Cr tax demand raised on TP & Sec 10A adjustment

  • In Favour of Assessee
  • Citation Number : TS-233-ITAT-2014(Mum)-TP
  • Tax Payer : Capgemini India Pvt. Ltd.

ITAT:Quashes commission disallowance u/s 40A without comparing FMV of related party

  • In Favour of Assessee
  • Citation Number : TS-232-ITAT-2014(Mum)-TP
  • Tax Payer : Control well (India) Pvt Ltd.

ITAT: Upholds internal-TNMM considering segmental information, follows earlier year ruling

  • In Favour of Assessee
  • Citation Number : TS-227-ITAT-2014(DEL)-TP
  • Tax Payer : Birlasoft (India) Limited

ITAT: Quashes TPO’s selective approach; TPO cannot reject companies in same line of business

  • In Favour of Assessee
  • Citation Number : TS-226-ITAT-2014(HYD)-TP
  • Tax Payer : Agro Tech Foods Limited

ITAT: Excludes comparables with extraordinary events, diversified activities; Relies on Intoto Software ruling

  • In Favour of Assessee
  • Citation Number : TS-225-ITAT-2014(HYD)-TP
  • Tax Payer : Conexant Systems Pvt. Ltd.

ITAT: Upholds DRP order excluding companies with RPT > 25%; Follows Wills Processing ruling

  • In Favour of Assessee
  • Citation Number : TS-222-ITAT-2014(Mum)-TP
  • Tax Payer : Matrix India Asset Advisors Pvt. Ltd.