ITAT: Fluctuating profit margin due to abnormal circumstances sufficient ground for comparable exclusion

Delhi ITAT rules on selection of comparables in assessee’s software development and ITeS segments for AY 2009-10; In respect of software development segment, accepts assessee’s plea for exclusion

Apr 05, 2018

ITAT: Special rebate due to auto-industry recession, not extraordinary cost for assessee's software-business

Bangalore ITAT, while adjudicating on the recalled ITAT-order for AY 2009-10, rejects assessee's claim that TPO had combined both AE and non-AE segments while working out profit margin;

Apr 05, 2018

ITAT: Deletes TP-adjustment on management support services & AMP-expenses following earlier order

Kolkata ITAT deletes TP-adjustment of Rs. 339.17 crores in respect of receipt of management support services from AE for AY 2012-13; Relies on co-ordinate bench ruling in assessee’s

Apr 05, 2018

ITAT: Rules on comparables selection in back-office & technical services segments; Follows precedents

Mumbai ITAT rules on selection of comparables in assessee’s technical services and back office support services segments for AY 2007-08;  In respect of technical services segment, accepts assessee’s plea

Apr 04, 2018

ITAT: Excludes 5 comparables for IT/ITeS; Working capital adjustment relevant in service industry

Delhi ITAT rules on selection of comparables for AY 2010-11, 2011-12 and 2012-13, excludes TCS E-serve, E-clerx and Accentia as comparable for IT enabled services and E-Infochip,

Apr 04, 2018

ITAT: Remits management support & freight charges ALP-computation following assessee’s own ruling

Delhi ITAT remits TP-issues in respect of assessee’s (engaged in business of freight forwarding services) freight charges and intra-group management support fees for AY 2009-10; In respect of

Apr 04, 2018