ITAT: Dismisses Revenue's appeal; TP-adjustment on reimbursement of seconded employees' salary, unsustainable

Delhi ITAT dismisses Revenue's appeal, confirms deletion of TP-adjustment on foreign component of seconded employees' salary disbursed by AE in Australia; Notes that TPO had determined ALP of

Mar 08, 2018

ITAT: Deletes royalty adjustment; Considers AE’s insignificant influence over assessee’s (Public-Company) business

Delhi ITAT upholds CIT(A)’s deletion of TP-adjustment on account of royalty payment by assessee (engaged in manufacturing of toughened glass, laminated glass and float glass) to AE for

Mar 02, 2018

ITAT: Upholds 15% profit attribution to PE; Rejects Revenue's fresh FAR-analysis proposal

Mumbai ITAT upholds profit attribution at 15% of gross receipts to Indian PE of non-resident assessee (engaged in providing Computerized Reservation System - 'CRS') for AY 2005-06 to

Feb 27, 2018

ITAT: Confirms TP-adjustment deletion on old machinery purchase; Accepts Chartered-Engineer’s valuation as CUP

Delhi ITAT upholds CIT(A)’s deletion of TP-adjustment on account of assessee’s purchase of old/ used machines along with its accessories from UK-AE for AY 2007-08; Notes that assessee

Feb 26, 2018

ITAT: Rejects Motorola's ‘no international transaction’ plea for AMP-expenses absent ground in earlier ITAT-round

Delhi ITAT, in second round of proceedings, remits AMP-issue for Motorola Solutions back to AO/TPO for determining ALP afresh for AY 2007-08; Notes that ITAT, in first round

Feb 23, 2018

ITAT: Dismisses appeal against final assessment post-remand as non-maintainable, guides assessee to CIT(A)/HC

Delhi ITAT, in second round of proceedings, dismisses assessee’s appeal against AO’s final assessment order (passed without a draft assessment order) as non-maintainable for AY 2012-13, holds that

Feb 20, 2018

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