DY.CIT 7(1) (1) , MUMBAI vs. M/S. MATTEL TOYS (INDIA) PVT. LTD, MUMBAI

In the result, the appeal of the Revenue is dismissed, whereas,

Bench: Shri Vikas Awasthy () & Shri Om Prakash Kant () Assessment Year: 2012-13 Dy. Cit, Circle-7(1)(1), M/S Mattel Toys (India) Pvt. Ltd., Room No. 126, 1St Floor, Phoenix House, B-Wing, 4Th Floor, Vs. Aayakar Bhavan, M.K. Road, 462, Senapati Bapat Marg, Lower Mumbai-400020. Parel, Mumbai-400013. Pan No. Aaccm 2563 P Appellant Respondent

House, B-Wing, 4th floor, Room No. 126, 1st floor, Vs. 462, Senapati Bapat Marg, Aayakar Bhavan, Lower Parel, M.K. Road, Mumbai-400013. Mumbai-400020. PAN No. AACCM 2563 P Appellant Respondent : Assessee by Mr. Ketan Ved, AR Revenue by : Mr. Jitendra Kumar, Sr. DR : Date of Hearing 07/11/2022 : Date of pronouncement 29/12/2022 M/s Mattel Toys (India

THOMAS COOK (INDIA) LTD.,MUMBAI vs. ADDL/ JT/ DY/CIT/ASSTT/ITO, NATIONAL E-ASSESSMENT CENTRE, DELHI

In the result, appeal filed by the assessee is partly allowed

Bench: Shri S. Rifaur Rahman, Hon'Ble & Ms. Kavitha Rajagopal, Hon'Ble

properties and equity-like functionality and he observed that this transaction is in the form of financing with flexibility and value. The capital listed is less expensive than straight equity, yet provides virtually the same level of value add as a straight equity investment. According to him, it can be mezzanine debt, venture debt or convertible debt, structured equity

ACIT, CIRCLE - 2(1)(1) , MUMBAI vs. THE BOMBAY DYEING & MFG. CO. LTD. , MUMBAI

Bench: Shri Kuldip Singh & Shri Gagan Goyalassessment Year : 2009-10 & Assessment Year: 2010-11

House, Vs. 5th Floor, J.N. Heredia Marg, Aayakar Bhavan, Ballard Estate, M.K. Road, Mumbai – 400 001 Mumbai - 400020 PAN: AAACT2328K (Appellant) (Respondent) Present for: Assessee by : Shri Yogesh Thar, A.R. Shri Chaitanya D. Joshi, A.R Revenue by : Dr. Yogesh Kamar, D.R. 2 M/s. The Bombay Dyeing & Mfg. Co. Ltd. Date of Hearing : 25/26 . 05 . 2022 Date of Pronouncement

DCIT CIRCLE- 2(1)(1), MUMBAI vs. M/S BOMBAY DYEING & MANUFACTURING CO. LTD, MUMBAI

Bench: Shri Kuldip Singh & Shri Gagan Goyalassessment Year : 2009-10 & Assessment Year: 2010-11

House, Vs. 5th Floor, J.N. Heredia Marg, Aayakar Bhavan, Ballard Estate, M.K. Road, Mumbai – 400 001 Mumbai - 400020 PAN: AAACT2328K (Appellant) (Respondent) Present for: Assessee by : Shri Yogesh Thar, A.R. Shri Chaitanya D. Joshi, A.R Revenue by : Dr. Yogesh Kamar, D.R. 2 M/s. The Bombay Dyeing & Mfg. Co. Ltd. Date of Hearing : 25/26 . 05 . 2022 Date of Pronouncement

ACIT, CIRCLE - 2(1)(1) , MUMBAI vs. THE BOMBAY DYEING & MFG. CO. LTD. , MUMBAI

Bench: Shri Kuldip Singh & Shri Gagan Goyalassessment Year : 2009-10 & Assessment Year: 2010-11

House, Vs. 5th Floor, J.N. Heredia Marg, Aayakar Bhavan, Ballard Estate, M.K. Road, Mumbai – 400 001 Mumbai - 400020 PAN: AAACT2328K (Appellant) (Respondent) Present for: Assessee by : Shri Yogesh Thar, A.R. Shri Chaitanya D. Joshi, A.R Revenue by : Dr. Yogesh Kamar, D.R. 2 M/s. The Bombay Dyeing & Mfg. Co. Ltd. Date of Hearing : 25/26 . 05 . 2022 Date of Pronouncement

DEPUTY COMMISSIONER OF INCOME TAX, MUMBAI vs. UTV SOFTWARE COMMUNICATIONS PVT LIMITED, MUMBAI

In the result, the appeal filed by the Revenue Department stands dismissed

Bench: Shri Narender Kumar Choudhry & Shri Omkareshwar Chidaraassessment Year: 2011-12

92F transaction includes an arrangement, understanding or action in concert---- Whether or not such arrangement understanding or action is formal or in writing or ------ Thus as per Section 92 F any arrangement, understanding, action, formal, informal, written, unwritten is an international transaction. Therefore share application money pending allotment is an International Transactions. On perusal of the chart submitted

MONDELEZ INDIA FOODS P.LTD (FORMERLY KNOWN AS CADBURY INDIA LIMITED),MUMBAI vs. ASST CIT RG 5(1)(2), MUMBAI

In the result, appeal filed by the assessee for AY 2013-14 is allowed for statistical purpose

Bench: Shri Vikas Awasthy () & Ms. Padmavathy S. ()

House, Unit No.2001, 20th Floor Mumbai-400 020 Tower-3 (Wing C) India Bulls finance Centre), Parel, Mumbai0400 013 PAN : AAAC0460H APPELLANT RESPONDENT Present for the Assessee Shri J.D. Mistri, Shri Hiten Chande Present for the Department Shri Manoj Kumar – CIT DR Date of hearing 07/09/2023 Date of pronouncement 20/09/2023 O R D E R Per Padmavathy S (AM): These

MONDELEZ INDIA FOODS P.LTD,MUMBAI vs. ASST CIT RG 5(1)(2), MUMBAI

Bench: Vikas Awasthy () & Ms. Padmavathy S. ()

Housing Co. Ltd NC-Significant RPT 6 Crystal Hues Ltd 11.27% 7 Quadrant Communication Ltd 15.84% 8 Indus Technical and Financial Consultants Ltd 12.05% Average 11.35% 7. Accordingly, the TPO arrived at the TP adjustment as per below working:- Particulars Amount Expenditure incurred for developing the intangibles Rs.1,61,01,97,731 Mark-up on Expenditure incurred for developing

MONDELEZ INDIA FOODS P. LTD,MUMBAI vs. DCIT RG 5(1)(2), MUMBAI

Bench: Vikas Awasthy () & Ms. Padmavathy S. ()

Housing Co. Ltd NC-Significant RPT 6 Crystal Hues Ltd 11.27% 7 Quadrant Communication Ltd 15.84% 8 Indus Technical and Financial Consultants Ltd 12.05% Average 11.35% 7. Accordingly, the TPO arrived at the TP adjustment as per below working:- Particulars Amount Expenditure incurred for developing the intangibles Rs.1,61,01,97,731 Mark-up on Expenditure incurred for developing

ACIT 7(2)(1), MUMBAI vs. MATTEL TOYS (INDIA) P. LTD, MUMBAI

In the result, the appeal of the revenue is dismissed and Cross Objection of the assessee is allowed

Bench: Shri M.Balaganesh, Am & Shri Ram Lal Negi, Jm Acit-7(2)(1) Vs. M/S. Mattel Toys (India) R. No. 573, 5Th Floor Pvt. Ltd. 4Th Floor, B Wing Aayakar Bhavan M.K. Road Phoenix House Mumbai – 400 020 Senapati Bapat Marg Lower Parel, Mumbai – 400 013 Pan/Gir No.Aaccm2563P (Appellant) .. (Respondent) Co No.152/Mum/2019 (Arising Out Of Ita No.3903/Mum/2016) (Assessment Year :2010-11) M/S. Mattel Toys (India) Vs. Acit-7(2)(1) R. No. 573, 5Th Floor Pvt. Ltd. 4Th Floor, B Wing Aayakar Bhavan Phoenix House M.K. Road Senapati Bapat Marg Mumbai – 400 020 Lower Parel, Mumbai – 400 013 Pan/Gir No.Aaccm2563P (Appellant) .. (Respondent)

House M.K. Road Senapati Bapat Marg Mumbai – 400 020 Lower Parel, Mumbai – 400 013 PAN/GIR No.AACCM2563P (Appellant) .. (Respondent) Revenue by Shri Vodhal Raj Singh - DR Assessee by Shri Milin Thakore - AR Date of Hearing 27/08/2020 Date of Pronouncement 10/09/2020 आदेश / O R D E R 2 ITA No.3903/Mum/2016 & CO No.152/Mum/2019 M/s.Mattel Toys (India) Pvt. Ltd., PER M. BALAGANESH (A.M): This

DCIT CIR 6(3), MUMBAI vs. MATTEL TOYS(INDIA) P. LTD, MUMBAI

House, “B”Wing, 4th Floor Aayakar Bhavan, M.K. Road Vs. 462, Senapati Bapat Marg, Lower Parel Mumbai-400 020. Mumbai-400 013. PAN:AACCM 2563 P (अपीलाथ" /Appellant) (""यथ" / Respondent) आयकर आयकर आयकर अपील आयकर अपील अपील संसंसंसं./ITA/4415/Mum/2014,िनधा"रण वष" /Assessment Year: 2008-09 अपील M/s. Mattel Toys (India) Pvt. Ltd. Dy. CIT-6(3) Vs. Mumbai

ACIT 5(1), MUMBAI vs. CADBURY INDIA LTD, MUMBAI

House, Unit Vs. No.2001, 20th Floor, Tower-3 (Wing C)India Bulls Finance Centre, Parel. Mumbai-400 013. PAN: AAACH 0460 H आयकर आयकर अपील अपील संसंसंसं./I.T.A./5876/Mum/2012,िनधा"रण िनधा"रण वष" वष" /Assessment Year: 2005-06 आयकर आयकर अपील अपील िनधा"रण िनधा"रण वष" वष" Addl. CIT,6(3),Aayakar vs. Mondelez India Foods Private Bhavan

COLAGATE-PALMOLIVE (I) LTD,MUMBAI vs. ADDL CIT 10(3), MUMBAI

In the result, appeal of the assessee is allowed

Bench: Shri G.S. Pannu & Shri Pawan Singhcolgate Palmolive (India) Ltd., Additional Commissioner Of Colgate Research Centre, Income Tax-10(3) Main Street, Vs. Hiranandani, Gardens, Pawai, Mumbai-400076 Pan: Aaacc4309B Appellant Respondent

housing deposits in respect of rent-free accommodations provided to employee of the assessee company and accordingly not related to investment in tax free bonds. The learned AR further submits that Rule8D is not applicable for the year under consideration, which is now admitted position under the law. The reserve and surplus of assessee are 8 Colgate Palmolive (India

THOMAS COOK (INDIA) LTD,MUMBAI vs. ADDL CIT 1(3), MUMBAI

Bench: S/Sh.Rajendra & C.N. Prasadआयकर अपील सं आयकर अपील सं././././I.T.A./ 1261 & 1238/Mum/2015, आयकर अपील सं आयकर अपील सं िनधा"रण िनधा"रण वष" िनधा"रण िनधा"रण वष" वष" /Assessment Year: 2009-10 & 2010-11 वष" Thomas Cook (India) Limited Dcit-1 (3)(2) Thomas Cook Building Mumbai. Vs. Dr. D.N. Road, Fort,Mumbai-400 001. Pan:Aaact 4050 C (अपीलाथ" /Appellant) (""यथ" / Respondent) Revenue By:Shri N.K. Chand-Cit Assessee By: Shri Madhur Agarwal सुनवाई की तारीख / Date Of Hearing: 04.05.2016 घोषणा की तारीख / Date Of Pronouncement: 31.05.2016 आयकर अिधिनयम,1961 की धारा 254(1)के अ"ग"त आदेश Order U/S.254(1)Of The Income-Tax Act,1961(Act) लेखा सद" राजे" के अनुसार Per Rajendra, Am- Challenging The Orders Dated 08.12.2014 & 24.12.2014 Of Cit(A)-58 & Of The Assesssing Officer(Ao),The Assessee Has Filed The Appeals For The Above Mentioned Two Assessment Years(Ay.S.).Assessee-Company, Engaged In The Business Of Tour Operator,Travel Agent & Is Also An Authorised Dealer In Foreign Exchange.The Details Of Filing Of Returns,Returned Incomes,Assessed Incomes Etc.Can Be Summarised As Under: A.Y. Roi Filed On Returned Assessment Assessed Dt. Of Orders Of Income(Rs.) Dt. Income(Rs.) Cit(A)/Ao 2009-10 30.09.2009 44,28,33,999/- 28/03/2013 46,8432,558/- 08.12.2014 2010-11 30.09.2010 37,15,77,109/- 16/01/2015 57,86,82,443/- 16.01.2015

House Ltd. 0.62% 2. Trade-Wings Ltd. 1.8% 3. Crown Tours Ltd. 0.09% 4. Balmer Lawrie & Co. Ltd (Travel & Tours) 0% Industry Mean AMP Expenses / total revenue 0.63% Tested party 3.95% Considering the above facts,the TPO observed that the assessee was spending much more than the industry average in promoting and building the brand of TC UK, that

DEPUTY COMMISSIONER OF INCOME TAX- 3(1)(1), MUMBAI, MUMBAI vs. DSV SOLUTIONS PVT. LTD. (FORMERLY UT WORLDWIDE (INDIA) PVT. LTD.), MUMBAI

In the result, the appeals filed by the revenueand cross\nobjections filed by the assesse for 2012-13, 2013-14 & 2014-\n15 under consideration stand dismissed

house or by having the activity performed by a third party. Thus, in such a case, an intra-group service ordinarily would be found to exist. For example, an intra-group service would normally be found where an associated enterprise repairs equipment used in manufacturing by another member of the MNE group. It is essential, however, that reliable documentation

DEPUTY COMMISSIONER OF INCOME TAX- 3(1)(1), MUMBAI vs. DSV SOLUTIONS PVT. LTD. (FORMERLYUT WORLDWIDE (INDIA) PVT. LTD.), MUMBAI

In the result, the appeals filed by the revenueand cross\nobjections filed by the assesse for 2012-13, 2013-14 & 2014-\n15 under consideration stand dismissed

house or by having the activity\nperformed by a third party. Thus, in such a case, an intra-group service ordinarily would\nbe found to exist. For example, an intra-group service would normally be found where an\nassociated enterprise repairs equipment used in manufacturing by another member of the\nMNE group. It is essential, however, that reliable documentation

DEPUTY COMMISSIONER OF INCOME TAX- 3(1)(1), MUMBAI vs. DSV SOLUTIONS PVT. LTD. (FORMERLY UT WORLDWIDE (INDIA) PVT. LTD.) , MUMBAI

In the result, the appeals filed by the revenueand cross\nobjections filed by the assesse for 2012-13, 2013-14 & 2014-\n15 under consideration stand dismissed

house or by having the activity\nperformed by a third party. Thus, in such a case, an intra-group service ordinarily would\nbe found to exist. For example, an intra-group service would normally be found where an\nassociated enterprise repairs equipment used in manufacturing by another member of the\nMNE group. It is essential, however, that reliable documentation

PRUDENTIAL PROCESS MANAGEMENT SERVICES INDIA P.LTD,MUMBAI vs. DCIT RG 10(3), MUMBAI

In the result, the assessee’s appeal is allowed for statistical purpose and the Revenue’s appeal and cross objection by the assessee stands dismissed

Bench: Shri Shamim Yahya, Am & Shri Pawan Singh, Jm आयकर अपील सं./I.T.A. No. 1274/Mum/2014 ("नधा"रण वष" / Assessment Year: 2009-10) & Co No. 102/Mum/2014 (Arising Out Of Ita No. 2131/Mum/2014) ("नधा"रण वष" / Assessment Year: 2009-10) Prudential Process Management The Dy. Commissioner Of Income Services India Private Limited, Tax, Range-10(3), बनाम/ Prudential Centre Avenue, Aayakar Bhavan, M. K. Road, Vs. Hiranandani Business Park, Mumbai-400 020 Powai, Mumbai-400 076 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. Aaccp 7204 Q (Assessee) (Revenue) : & आयकर अपील सं./I.T.A. No. 2131/Mum/2014 ("नधा"रण वष" / Assessment Year: 2009-10) The Dy. Commissioner Of Income Prudential Process Management Tax, Range-10(3), Services India Private Limited, बनाम/ Room No. 451, 4Th Floor, Prudential Centre Avenue, Vs. Aayakar Bhavan, M. K. Road, Hiranandani Business Park, Mumbai-400 020 Powai, Mumbai-400 076 "थायी लेखा सं./जीआइआर सं./Pan/Gir No. Aaccp 7204 Q (Revenue) : (Assessee) : Shri Percy J. Pardiwala/ Assessee By Shri Madhur Agrawal Revenue By : Shri Jayant Kumar/ Shri V. Jenardhanan सुनवाई क" तार"ख / : 21.12.2017 & 23.03.2018 Date Of Hearing घोषणा क" तार"ख / : 13.04.2018 Date Of Pronouncement

92F, the transaction includes an arrangement, understanding or action in concert. As discussed above, there exists a global outsourcing agreement between Prudential UK and Capita UK to give the outsourcing business to the tune of £722 million covering a period of 15 years to Capita UK. As a part of this arrangement, Prudential UK was to transfer the Vikhroli division