Trib.) 35 IOT Design & Engineering Limited Alstom Projects India Ltd. v. ACIT

36 Taxmann.com 130Income Tax Appellate Tribunal2013#10835 most cited

What is Trib.) 35 IOT Design & Engineering Limited Alstom Projects India Ltd. v. ACIT authority for?

The Arm's Length Price (ALP) must be determined on a transaction-by-transaction basis, and entity-level profits or common ALP for different activities cannot be determined. Segmental break-up information is necessary for comparable transactions.

10

judgments rely on this decision, according to BharatTax’s citation analysis of 366,339 Indian tax judgments — from 2015 to 2023.

Also referred to as

35 IOT Design & Engineering Limited Alstom Projects India Ltd v. ACIT · Arm's Length Price · ALP · transaction by transaction · segmental break-up · comparable transactions · entity level profit margin · international transaction

Also reported as

44 SOT 532

Judgments citing Trib.) 35 IOT Design & Engineering Limited Alstom Projects India Ltd. v. ACIT

Gruner India Pvt. Ltd., New Delhi vs. ACIT, Circle- 10(2), New Delhi

In the result, the appeal of the assessee is allowed

ITA 4062/DEL/2019[2012-13]Status: DisposedITAT Delhi03 Jul 2023AY 2012-13

Bench: Dr. B. R. R. Kumarsh. Yogesh Kumar Usita No. 4062/Del/2019 : Asstt. Year : 2012-13 M/S Gruner India Pvt. Ltd., Vs Acit, 15 Dsidc, Okhla Industrial Area, Circle-10(2), Phase-Ii, Scheme-1, New Delhi New Delhi-110020 (Appellant) (Respondent) Pan No. Aadcg2938H Assessee By : Sh. Pancham Sethi, Ca Revenue By : Sh. Mrinal Kumar Das, Sr. Dr Date Of Hearing: 05.04.2023 Date Of Pronouncement: 03.07.2023 Order Per Dr. B. R. R. Kumar: The Present Appeal Has Been Filed By The Assessee Against The Order Dated Xx.02.2019 Passed By The Ao U/S 254/143(3) R.W.S. 144C Of The Income Tax Act, 1961. 2. Following Grounds Have Been Raised By The Assessee:

For Appellant: Sh. Pancham Sethi, CAFor Respondent: Sh. Mrinal Kumar Das, Sr. DR
Section 234BSection 254Section 271(1)(c)Section 92C

…y transaction; (x) SAB Labs India (P) Ltd. [2010-TII-44-ITAT- Bang-TP wherein it had been held that comparable with no segmental break/up/information is not to be considered; (xi) Star Diamond Group v. Dy. DIT (International Taxation) [2011] 9 taxmann.com 311/44 SOT 532 (Mum.) wherein it had been held that ALP of the International transaction is only to be determined. Entity level profit margin cannot be taken; (xii) ACIT v. Star India (P.) Ltd. [TT Appeal No. 3846(M) of 2006, dated 28-5- 2008] wherein it had been held that each international transaction is to be examined separately and ALP should be determined a…

M/S Continental Automotive Components India Private Limited, Bangalore vs. Deputy Commissioner of Income Tax Circle-2(1)(1), Bangalore

In the result, the appeal is partly allowed

ITA 129/BANG/2019[2014-15]Status: DisposedITAT Bangalore29 Mar 2022AY 2014-15

Bench: Shri N.V. Vasudevan & Shri B. R. Baskaranassessment Year :2014-15 M/S. Continental Automotive Vs. Dcit, Components India Pvt. Ltd., Circle – 2(1)(1), Plot No.53B, Bommasandra Industrial Bengaluru. Area, Hosur Road, Attibele Hobli, Anekal Taluk, Bengaluru–560 099. Pan : Aakcs 9578 C Appellant Respondent Assessee By : Shri. T. Suryanarayana, Senior Advocate Revenue By : Shri. Mudavathu Harish Chandra Naik, Cit(Dr)(Itat), Bengaluru. Date Of Hearing : 21.03.2022 Date Of Pronouncement : 29.03.2022 O R D E R

For Appellant: Shri. T. Suryanarayana, Senior AdvocateFor Respondent: Shri. Mudavathu Harish Chandra Naik, CIT(DR)(ITAT), Bengaluru
Section 143(3)Section 92

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH : BANGALORE BEFORE SHRI N.V. VASUDEVAN, VICE PRESIDENT AND SHRI B. R. BASKARAN, ACCOUNTANT MEMBER Assessment Year :2014-15 M/s. Continental Automotive Vs. DCIT, Components India Pvt. Ltd., Circle – 2(1)(1), Plot No.53B, Bommasandra Industrial Bengaluru. Area, Hosur Road, Attibele Hobli, Anekal Taluk, Bengaluru–560 099. PAN : AAKCS 9578 C APPELLANT RESPONDENT Assessee by : Shri. T. Suryanarayana, Senior Advocate Revenue by : Shri. Mudavathu Harish Chandra Naik, CIT(DR)(ITAT), Bengaluru. Date of hearing : 21.03.2022 Date of Pronouncement : 29.03.2022 O R D E R Per N.…

M/S Continental Automotive Components India Pvt Ltd, Bangalore vs. Assistant Commissioner of Income Tax Circle-2(1)(1), Bangalore

In the result, the appeal of the assessee is partly allowed for statistical purposes

ITA 713/BANG/2017[2012-13]Status: DisposedITAT Bangalore24 Nov 2021AY 2012-13

Bench: Shri N.V. Vasudevan & Shri Chandra Poojari

For Appellant: Shri T. Suryanarayana, AdvocateFor Respondent: Ms. Neera Malhotra, CIT(DR)(ITAT), Bengaluru
Section 92C

…IN THE INCOME TAX APPELLATE TRIBUNAL “A” BENCH : BANGALORE BEFORE SHRI N.V. VASUDEVAN, VICE PRESIDENT AND SHRI CHANDRA POOJARI, ACCOUNTANT MEMBER IT(TP)A No. 713/Bang/2017 Assessment year : 2012-13 M/s. Continental Automotive Vs. The Assistant Commissioner Components (India) Pvt. Ltd., of Income Tax, Plot No.53B, Bommasandra Circle 2(1)(1), Industrial Area, Hosur Road, Bengaluru. Attibele Hobli, Anekal Taluk, Bangalore – 560 099. PAN: AAKCS 9578C APPELLANT RESPONDENT Appellant by : Shri T. Suryanarayana, Advocate Respondent by : Ms. Neera Malhotra, CIT(DR)(ITAT), Bengaluru. Date of hearing : 29.09.2021 Date…

Sumitomo Chemical (I) P.Ltd, Mumbai vs. DCIT 1(3)(1), Mumbai

In the result, assessee’s appeal is partly allowed

ITA 6432/MUM/2017[2013-14]Status: DisposedITAT Mumbai27 Jul 2020AY 2013-14

Bench: Shri Saktijit Deyand Shri S. Rifaur Rahman

For Appellant: Ms. Karishma PhatarphekarFor Respondent: Shri Bhoopathi
Section 143(3)Section 144C(13)

…IN THE INCOME TAX APPELLATE TRIBUNAL “J”BENCH, MUMBAI BEFORE SHRI SAKTIJIT DEY, JUDICIAL MEMBERAND SHRI S. RIFAUR RAHMAN, ACCOUNTANT MEMBER ITA no.6432/Mum./2017 (Assessment Year : 2013–14) Sumitomo Chemical India Pvt. Ltd. 195/7, 7th Floor, Moti Mahal ……………. Appellant J.T. Road, Churchgate Mumbai 400 020 PAN–AAECS3750L v/s Dy. Commissioner of Income Tax ……………. Respondent Circl–13(1), Mumbai Assessee by :Ms. Karishma Phatarphekar Revenue by :Shri Bhoopathi Date of Hearing – 06.07.2020 Date of Order – 27.07.2020 O R D E R PER SAKTIJIT DEY. J.M. The captioned appeal has been filed by the assessee challenging t…

Asst CIT 15(2)(1), Mumbai vs. Iot Design & Engineering Ltd, Mumbai

ITA 63/MUM/2016[2011-12]Status: DisposedITAT Mumbai17 Jun 2020AY 2011-12

Bench: Shri Saktijit Dey & Shri G. Manjunathaiot Design & Engineering Vs. Dcit-10(3) Limited Aaykar Bhawan, M.K.Road Plot No.Y2, Ceat Tyre Road, Mumbai-400 020 Near Nahur Railway Station, Bhandup(W) Mumbai-400 078

Section 143(3)Section 144C(1)

…IN THE INCOME TAX APPELLATE TRIBUNAL “K”, BENCH MUMBAI BEFORE SHRI SAKTIJIT DEY, JUDICIAL MEMBER & SHRI G. MANJUNATHA, ACCOUNTANT MEMBER IOT Design & Engineering Vs. DCIT-10(3) Limited Aaykar Bhawan, M.K.Road Plot No.Y2, Ceat Tyre Road, Mumbai-400 020 Near Nahur Railway Station, Bhandup(W) Mumbai-400 078 PAN/GIR No.AABCI7624L (Appellant) .. Respondent) & IOT Design & Engineering Vs. DCIT-15(2)(1) Limited Aaykar Bhawan, M.K.Road Plot No.Y2, Ceat Tyre Road, Mumbai-400 020 Near Nahur Railway Station, Bhandup(W) Mumbai-400 078 PAN/GIR No.AABCI7624L (Appellant) .. Respondent) & ITA.No.63/Mum/2016 (Assessment Year…

Iot Design & Engineering Ltd, Mumbai vs. DCIT 10(3), Mumbai

ITA 4722/MUM/2016[2010-11]Status: DisposedITAT Mumbai17 Jun 2020AY 2010-11

Bench: Shri Saktijit Dey & Shri G. Manjunathaiot Design & Engineering Vs. Dcit-10(3) Limited Aaykar Bhawan, M.K.Road Plot No.Y2, Ceat Tyre Road, Mumbai-400 020 Near Nahur Railway Station, Bhandup(W) Mumbai-400 078

Section 143(3)Section 144C(1)

…IN THE INCOME TAX APPELLATE TRIBUNAL “K”, BENCH MUMBAI BEFORE SHRI SAKTIJIT DEY, JUDICIAL MEMBER & SHRI G. MANJUNATHA, ACCOUNTANT MEMBER IOT Design & Engineering Vs. DCIT-10(3) Limited Aaykar Bhawan, M.K.Road Plot No.Y2, Ceat Tyre Road, Mumbai-400 020 Near Nahur Railway Station, Bhandup(W) Mumbai-400 078 PAN/GIR No.AABCI7624L (Appellant) .. Respondent) & IOT Design & Engineering Vs. DCIT-15(2)(1) Limited Aaykar Bhawan, M.K.Road Plot No.Y2, Ceat Tyre Road, Mumbai-400 020 Near Nahur Railway Station, Bhandup(W) Mumbai-400 078 PAN/GIR No.AABCI7624L (Appellant) .. Respondent) & ITA.No.63/Mum/2016 (Assessment Year…

Alstom India Ltd, Mumbai vs. Addl CIT RG 1(1), Mumbai

In the result: ITA No.5335/Mum/2014 is dismissed

ITA 5487/MUM/2014[2007-08]Status: DisposedITAT Mumbai28 Oct 2015AY 2007-08

Bench: Sh. A.D. Jain & Sh. Rajendraassessment Year: 2007-08 Pan : Aabca8679F Dy. Commr. Of Income-Tax, Vs. M/S. Alstom Projects India Ltd., The International, 5Th Floor, Circle 1(1), Mumbai. 16, Marine Lines Cross Road No.1, Off Maharshi Karve Road, Mumbai-400020. (Appellant) (Respondent) Assessment Year: 2007-08 Pan : Aabca8679F M/S. Alstom India Ltd. Vs. Addl. Commr. Of Income Tax, (Earlier Known As Alstom Projects Range 1(1), India Limited), Mumbai. Mumbai (Appellant) (Respondent) Assessment Year: 2009-10 Pan : Aabca8679F Dy. Commr. Of Income-Tax, Vs. M/S. Alstom India Ltd., Circle 1(1), (Formerly Kown As Alstom Projects Sindia Ltd.,)The International, 5Th Mumbai. Floor, 16, Marine Lines Cross Road No.1, Off Maharshi Karve Road, Mumbai-400020. (Appellant) (Respondent) Asstt. Years 2007-08 & 2009-10 Assessment Year: 2009-10 Pan : Aabca8679F

For Appellant: S/Sh. Sunil M. Lala & Dharan GandhiFor Respondent: Sh. N.K. Chand, CIT(DR)

…IN INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH “G” MUMBAI. BEFORE SH. A.D. JAIN, JUDICIAL MEMBER AND SH. RAJENDRA, ACCOUNTANT MEMBER Assessment Year: 2007-08 PAN : AABCA8679F Dy. Commr. of Income-tax, vs. M/s. Alstom Projects India Ltd., The International, 5th floor, Circle 1(1), Mumbai. 16, Marine Lines Cross Road No.1, Off Maharshi Karve Road, Mumbai-400020. (Appellant) (Respondent) Assessment Year: 2007-08 PAN : AABCA8679F M/s. Alstom India Ltd. vs. Addl. Commr. of Income Tax, (earlier known as Alstom Projects Range 1(1), India Limited), Mumbai. Mumbai (Appellant) (Respondent) Assessment Year: 2009-10 PAN : A…

DCIT 1(1), Mumbai vs. Alstom Projects India Ltd, Mumbai

In the result: ITA No.5335/Mum/2014 is dismissed

ITA 5335/MUM/2014[2007-08]Status: DisposedITAT Mumbai28 Oct 2015AY 2007-08

Bench: Sh. A.D. Jain & Sh. Rajendraassessment Year: 2007-08 Pan : Aabca8679F Dy. Commr. Of Income-Tax, Vs. M/S. Alstom Projects India Ltd., The International, 5Th Floor, Circle 1(1), Mumbai. 16, Marine Lines Cross Road No.1, Off Maharshi Karve Road, Mumbai-400020. (Appellant) (Respondent) Assessment Year: 2007-08 Pan : Aabca8679F M/S. Alstom India Ltd. Vs. Addl. Commr. Of Income Tax, (Earlier Known As Alstom Projects Range 1(1), India Limited), Mumbai. Mumbai (Appellant) (Respondent) Assessment Year: 2009-10 Pan : Aabca8679F Dy. Commr. Of Income-Tax, Vs. M/S. Alstom India Ltd., Circle 1(1), (Formerly Kown As Alstom Projects Sindia Ltd.,)The International, 5Th Mumbai. Floor, 16, Marine Lines Cross Road No.1, Off Maharshi Karve Road, Mumbai-400020. (Appellant) (Respondent) Asstt. Years 2007-08 & 2009-10 Assessment Year: 2009-10 Pan : Aabca8679F

For Appellant: S/Sh. Sunil M. Lala & Dharan GandhiFor Respondent: Sh. N.K. Chand, CIT(DR)

…IN INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH “G” MUMBAI. BEFORE SH. A.D. JAIN, JUDICIAL MEMBER AND SH. RAJENDRA, ACCOUNTANT MEMBER Assessment Year: 2007-08 PAN : AABCA8679F Dy. Commr. of Income-tax, vs. M/s. Alstom Projects India Ltd., The International, 5th floor, Circle 1(1), Mumbai. 16, Marine Lines Cross Road No.1, Off Maharshi Karve Road, Mumbai-400020. (Appellant) (Respondent) Assessment Year: 2007-08 PAN : AABCA8679F M/s. Alstom India Ltd. vs. Addl. Commr. of Income Tax, (earlier known as Alstom Projects Range 1(1), India Limited), Mumbai. Mumbai (Appellant) (Respondent) Assessment Year: 2009-10 PAN : A…

DCIT 1(1), Mumbai vs. Alstom Projects India Ltd, Mumbai

In the result: ITA No.5335/Mum/2014 is dismissed

ITA 2143/MUM/2014[2009-10]Status: DisposedITAT Mumbai28 Oct 2015AY 2009-10

Bench: Sh. A.D. Jain & Sh. Rajendraassessment Year: 2007-08 Pan : Aabca8679F Dy. Commr. Of Income-Tax, Vs. M/S. Alstom Projects India Ltd., The International, 5Th Floor, Circle 1(1), Mumbai. 16, Marine Lines Cross Road No.1, Off Maharshi Karve Road, Mumbai-400020. (Appellant) (Respondent) Assessment Year: 2007-08 Pan : Aabca8679F M/S. Alstom India Ltd. Vs. Addl. Commr. Of Income Tax, (Earlier Known As Alstom Projects Range 1(1), India Limited), Mumbai. Mumbai (Appellant) (Respondent) Assessment Year: 2009-10 Pan : Aabca8679F Dy. Commr. Of Income-Tax, Vs. M/S. Alstom India Ltd., Circle 1(1), (Formerly Kown As Alstom Projects Sindia Ltd.,)The International, 5Th Mumbai. Floor, 16, Marine Lines Cross Road No.1, Off Maharshi Karve Road, Mumbai-400020. (Appellant) (Respondent) Asstt. Years 2007-08 & 2009-10 Assessment Year: 2009-10 Pan : Aabca8679F

For Appellant: S/Sh. Sunil M. Lala & Dharan GandhiFor Respondent: Sh. N.K. Chand, CIT(DR)

…IN INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH “G” MUMBAI. BEFORE SH. A.D. JAIN, JUDICIAL MEMBER AND SH. RAJENDRA, ACCOUNTANT MEMBER Assessment Year: 2007-08 PAN : AABCA8679F Dy. Commr. of Income-tax, vs. M/s. Alstom Projects India Ltd., The International, 5th floor, Circle 1(1), Mumbai. 16, Marine Lines Cross Road No.1, Off Maharshi Karve Road, Mumbai-400020. (Appellant) (Respondent) Assessment Year: 2007-08 PAN : AABCA8679F M/s. Alstom India Ltd. vs. Addl. Commr. of Income Tax, (earlier known as Alstom Projects Range 1(1), India Limited), Mumbai. Mumbai (Appellant) (Respondent) Assessment Year: 2009-10 PAN : A…

Alstom India Ltd( Formerly Known As Alstom Projects India Ltd), Mumbai vs. Addl CIT RG 1(1), Mumbai

In the result: ITA No.5335/Mum/2014 is dismissed

ITA 2095/MUM/2014[2009-10]Status: DisposedITAT Mumbai28 Oct 2015AY 2009-10

Bench: Sh. A.D. Jain & Sh. Rajendraassessment Year: 2007-08 Pan : Aabca8679F Dy. Commr. Of Income-Tax, Vs. M/S. Alstom Projects India Ltd., The International, 5Th Floor, Circle 1(1), Mumbai. 16, Marine Lines Cross Road No.1, Off Maharshi Karve Road, Mumbai-400020. (Appellant) (Respondent) Assessment Year: 2007-08 Pan : Aabca8679F M/S. Alstom India Ltd. Vs. Addl. Commr. Of Income Tax, (Earlier Known As Alstom Projects Range 1(1), India Limited), Mumbai. Mumbai (Appellant) (Respondent) Assessment Year: 2009-10 Pan : Aabca8679F Dy. Commr. Of Income-Tax, Vs. M/S. Alstom India Ltd., Circle 1(1), (Formerly Kown As Alstom Projects Sindia Ltd.,)The International, 5Th Mumbai. Floor, 16, Marine Lines Cross Road No.1, Off Maharshi Karve Road, Mumbai-400020. (Appellant) (Respondent) Asstt. Years 2007-08 & 2009-10 Assessment Year: 2009-10 Pan : Aabca8679F

For Appellant: S/Sh. Sunil M. Lala & Dharan GandhiFor Respondent: Sh. N.K. Chand, CIT(DR)

…IN INCOME TAX APPELLATE TRIBUNAL, MUMBAI BENCH “G” MUMBAI. BEFORE SH. A.D. JAIN, JUDICIAL MEMBER AND SH. RAJENDRA, ACCOUNTANT MEMBER Assessment Year: 2007-08 PAN : AABCA8679F Dy. Commr. of Income-tax, vs. M/s. Alstom Projects India Ltd., The International, 5th floor, Circle 1(1), Mumbai. 16, Marine Lines Cross Road No.1, Off Maharshi Karve Road, Mumbai-400020. (Appellant) (Respondent) Assessment Year: 2007-08 PAN : AABCA8679F M/s. Alstom India Ltd. vs. Addl. Commr. of Income Tax, (earlier known as Alstom Projects Range 1(1), India Limited), Mumbai. Mumbai (Appellant) (Respondent) Assessment Year: 2009-10 PAN : A…

Trib.) 35 IOT Design & Engineering Limited Alstom Projects India Ltd. v. ACIT (36 Taxmann.com 130) — Cited in 10 Judgments | BharatTax