Rulings ( 11951 results )

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Income tax Appellate Tribunal Latest

ITAT: Finds no restriction w.r.t applicability of Sec.154 to final assessment order passed u/s.144C(13)

  • In Favour of Both, Partially
  • Citation Number : TS-793-ITAT-2026(Mum)-TP
  • Tax Payer : The Lubrizol Corporation, USA C/O Lubrizol Advanced Materials India Pvt. Ltd
High Court

HC: Holds no substantial question of law arises on TP issues wrt turnover filter, Cash PLI, doubtful debts

  • In Favour of Assessee
  • Citation Number : TS-797-HC-2026(KAR)-TP
  • Tax Payer : AMD INDIA PRIVATE LIMITED (FORMERLY KNOWN AS AMD RESEARCH AND DEVELOPMENT CENTRE INDIA PVT. LTD.,)
Income tax Appellate Tribunal

ITAT: Rules on TP-adjustment on account of receipt of royalty and selection of comparables

  • In Favour of Assessee
  • Citation Number : TS-792-ITAT-2026(PUN)-TP
  • Tax Payer : Brainbees Solutions Limited
Supreme Court

SC: Dismisses Revenue’s SLP against HC order on limitation issue in case of Laqshya Media

  • In Favour of Assessee
  • Citation Number : TS-796-SC-2026-TP
  • Tax Payer : Laqshya Media Limited
Income tax Appellate Tribunal

ITAT: Excludes Mindtree, LTI Mindtree, TCS citing huge turnover, brand value; Adopts LIBOR over SBI as interest on receivables

  • In Favour of Assessee
  • Citation Number : TS-799-ITAT-2026(Bang)-TP
  • Tax Payer : Airmeet Networks Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Rules on comparables selection; Applies LIBOR+200 bps as interest on trade receivables

  • In Favour of Both, Partially
  • Citation Number : TS-795-ITAT-2026(HYD)-TP
  • Tax Payer : Quantium Analytics Private Limited
High Court

HC: Disposes Revenue's appeal; Confirms ITAT’s exclusion of L&T Infotech and Persistent Systems

  • In Favour of Assessee
  • Citation Number : TS-791-HC-2026(KAR)-TP
  • Tax Payer : Synamedia India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Holds no TP adjustment required since assessee’s margin falls within range of comparables’ working capital adjusted margin

  • In Favour of Assessee
  • Citation Number : TS-790-ITAT-2026(Mum)-TP
  • Tax Payer : Agfa Healthcare India Private Limited
Income tax Appellate Tribunal

ITAT: Remits MAM selection for benchmarking international transaction of purchase of traded goods; Follows earlier order

  • In Favour of Both, Partially
  • Citation Number : TS-794-ITAT-2026(DEL)-TP
  • Tax Payer : Golden Agri Resources (India) Private Ltd
Income tax Appellate Tribunal

ITAT: Upholds CIT(A)’s deletion of adjustment qua excessive interest paid by assessee on issuance of NCDs

  • In Favour of Assessee
  • Citation Number : TS-787-ITAT-2026(Mum)-TP
  • Tax Payer : Edel Finance Company Limited (Successor Of Edelweiss Finvest Limited)
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustment w.r.t advertisement and publicity expenditure for beer manufacturer/trader

  • In Favour of Assessee
  • Citation Number : TS-788-ITAT-2026(Mum)-TP
  • Tax Payer : Anheuser Busch InBev India Ltd. (Earlier known as SABMiller India Ltd.)
Income tax Appellate Tribunal

ITAT: Deletes TP adjustment qua administrative support services covered by APA, even though given AY not included

  • In Favour of Assessee
  • Citation Number : TS-786-ITAT-2026(Mum)-TP
  • Tax Payer : Jefferies India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Holds TP adjustment qua SDTs cannot survive given omission of Sec.92BA(i); Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-785-ITAT-2026(Mum)-TP
  • Tax Payer : Ecl Finance Ltd
Income tax Appellate Tribunal

ITAT: Restores TP-adjustment w.r.t business support services having regard to agreement, FAR, functionally similar comparables

  • In Favour of Assessee
  • Citation Number : TS-789-ITAT-2026(DEL)-TP
  • Tax Payer : Medicover Healthcare Private Limited
Income tax Appellate Tribunal

ITAT: Upholds purchase from SEBs as valid internal-CUP for inter-unit electricity transfer, follows precedents

  • In Favour of Assessee
  • Citation Number : TS-784-ITAT-2026(Mum)-TP
  • Tax Payer : Aditya Birla Real Estate Limited
High Court

HC: Disposes Revenue's appeal, nothing placed on record to show perversity in ITAT's order

  • In Favour of Both, Partially
  • Citation Number : TS-783-HC-2026(KAR)-TP
  • Tax Payer : Synamedia India Pvt Ltd (formerly known as Cisco Video Technologies India Pvt Ltd)
Income tax Appellate Tribunal

ITAT: Rules on comparables for Software/Engineering, Manufacturing, Distribution; Deletes adjustments qua interest on receivables, IGS

  • In Favour of Assessee
  • Citation Number : TS-778-ITAT-2026(Bang)-TP
  • Tax Payer : Wipro Ge Healthcare Private Limited
High Court

HC: Dismisses Revenue’ appeal against ITAT order on comparables selection

  • In Favour of Both, Partially
  • Citation Number : TS-780-HC-2026(KAR)-TP
  • Tax Payer : Applied Materials India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Adjudicates TP-adjustments w.r.t corporate guarantee, letters of comfort/support, loan-interest etc for Tata Communications

  • In Favour of Assessee
  • Citation Number : TS-771-ITAT-2026(Mum)-TP
  • Tax Payer : Tata Communications Ltd
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustment w.r.t transfer of electricity, follows earlier order & Jindal Steel ruling

  • In Favour of Assessee
  • Citation Number : TS-781-ITAT-2026(JPR)-TP
  • Tax Payer : Wonder Cement Limited