Updates ( 9077 results )
ITAT: Comparable cannot be excluded merely for very high or low profit margin
- In Favour of Revenue
- Citation Number : TS-358-ITAT-2013(DEL)-TP
- Tax Payer : ChrysCapital Investment Advisors India Pvt. Ltd.
ITAT:SIA approval as basis for ALP determination untenable; Royalty TP addition deleted
- In Favour of Assessee
- Citation Number : TS-357-ITAT-2013(Mum)-TP
- Tax Payer : Castrol India Ltd.
ITAT:Only current year data to be considered for computing ALP
- In Favour of Assessee
- Citation Number : TS-355-ITAT-2013(DEL)-TP
- Tax Payer : Smart Trust Infosolutions P. Ltd.
ITAT:Admits additional evidence; Directs fresh determination of ALP for cost allocation
- In Favour of Both, Partially
- Citation Number : TS-354-ITAT-2013(DEL)-TP
- Tax Payer : Lear Automotive India Pvt. Ltd.
ITAT:Approves 0.2 guarantee commission; TPO's benchmark without analysis rejected
- In Favour of Assessee
- Citation Number : TS-353-ITAT-2013(Mum)-TP
- Tax Payer : Asian paints Ltd.
ITAT:Directs fresh determination of ALP after determining nature of services rendered
- In Favour of Both, Partially
- Citation Number : TS-352-ITAT-2013(HYD)-TP
- Tax Payer : Broadridge Financial Solutions (India) Pvt. Ltd.
ITAT:Rejects domestic PLR for determining ALP for interest on foreign currency loan
- In Favour of Assessee
- Citation Number : TS-350-ITAT-2013(COCH)-TP
- Tax Payer : Apollo Tyres Ltd
ITAT:Upholds claim for risk adjustment; Single customer risk only an anticipatory risk
- In Favour of Both, Partially
- Citation Number : TS-348-ITAT-2013(HYD)-TP
- Tax Payer : DE Shaw India Software Pvt.Ltd.
ITAT:Directs fresh computation of working capital adjustment
- In Favour of Assessee
- Citation Number : TS-347-ITAT-2013(DEL)-TP
- Tax Payer : Genpact Services LLC
ITAT: Follows earlier ruling; No denial of 10B benefit based on TPO's ALP
- In Favour of Assessee
- Citation Number : TS-344-ITAT-2013(CHNY)-TP
- Tax Payer : Tweezerman (India) Pvt. Ltd
ITAT: ALP not same as ordinary profits for Sec. 10B; Follows Visual Graphics
- In Favour of Assessee
- Citation Number : TS-343-ITAT-2013(CHNY)-TP
- Tax Payer : MPS Limited
ITAT:Directs re-adjudication of concealment penalty under Expl 7 to Sec. 271(1)(c)
- In Favour of Assessee
- Citation Number : TS-342-ITAT-2013(PUN)-TP
- Tax Payer : Haworth (India) Private Limited
ITAT:Confirms TP adjustment for commission; Quotation not fructified in transaction not CUP
- In Favour of Revenue
- Citation Number : TS-341-ITAT-2013(DEL)-TP
- Tax Payer : Sinosteel India Pvt. Ltd.
ITAT: CIT(A) to adjudicate TP issue related to referral fees paid to AE
- In Favour of Assessee
- Citation Number : TS-339-ITAT-2013(Mum)-TP
- Tax Payer : Citi Financial Insurance (I) Ltd.
ITAT:Permits assessee to exclude comparable originally selected by him; Follows SB ruling
- In Favour of Assessee
- Citation Number : TS-338-ITAT-2013(Ahd)-TP
- Tax Payer : Lubrizol Advanced Materials India Private Ltd.
ITAT:Deletes TP adjustment; TPO must give opportunity before adopting new comparables
- In Favour of Assessee
- Citation Number : TS-336-ITAT-2013(Mum)-TP
- Tax Payer : Mettler Toledo (I) P. Ltd.
ITAT:Set aside non-speaking DRP order; Directs reconsideration of capacity adjustment claim
- In Favour of Assessee
- Citation Number : TS-335-ITAT-2013(Mum)-TP
- Tax Payer : Advance Power Display Systems Ltd.
ITAT: Follows earlier ruling; Only uncontrolled transactions can be used as 'comparable'
- In Favour of Assessee
- Citation Number : TS-334-ITAT-2013(Mum)-TP
- Tax Payer : Hinduja Ventures Ltd.
ITAT: CIT(A) failed to consider retro amendment on 'receivable' transaction; Remands back matter
- In Favour of Both, Partially
- Citation Number : TS-333-ITAT-2013(Mum)-TP
- Tax Payer : Sanghavi Exports
ITAT:MA against adoption of bank interest rate instead of LIBOR, rejected
- In Favour of Revenue
- Citation Number : TS-332-ITAT-2013(HYD)-TP
- Tax Payer : Dr. Reddy’s Laboratories Ltd.