Rulings ( 10824 results )

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Income tax Appellate Tribunal Latest

ITAT: Affirms deletion of TP-adjustment qua short recovery of share capital from AE

Aug 22, 2025
  • In Favour of Assessee
  • Citation Number : TS-483-ITAT-2025(Mum)-TP
  • Tax Payer : ZT Systems India Private Limited
Income tax Appellate Tribunal

ITAT: Directs TPO to follow DRP’s directions w.r.t margin computation; Restricts adjustment to international transaction

Aug 22, 2025
  • In Favour of Assessee
  • Citation Number : TS-479-ITAT-2025(Bang)-TP
  • Tax Payer : Orotex Chemicals India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Working capital adjustment cannot be denied despite complex, material differences in comparables

Aug 22, 2025
  • In Favour of Assessee
  • Citation Number : TS-480-ITAT-2025(Bang)-TP
  • Tax Payer : TE Connectivity Services India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes comparables having high turnover, failing RPT-filter for SWD segment

Aug 22, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-482-ITAT-2025(Bang)-TP
  • Tax Payer : Motorola Solutions Kodiak Networks India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rules on adjustment qua electricity-transfer u/s.80-IA, follows Jindal Steel SC ruling

Aug 21, 2025
  • In Favour of Assessee
  • Citation Number : TS-478-ITAT-2025(CHNY)-TP
  • Tax Payer : PRABHU SPINING MILLS PRIVATE LIMITED
Income tax Appellate Tribunal

ITAT: Modifies CIT(A)’s order directing 0.5% as corporate guarantee value

Aug 21, 2025
  • In Favour of Revenue
  • Citation Number : TS-476-ITAT-2025(CHNY)-TP
  • Tax Payer : Ashok Leyland Limited
Income tax Appellate Tribunal

ITAT: Upholds deletion of adjustments qua inter-unit transfer of goods, management support services

Aug 21, 2025
  • In Favour of Assessee
  • Citation Number : TS-477-ITAT-2025(CHNY)-TP
  • Tax Payer : TVS Motor Company Ltd
Income tax Appellate Tribunal

ITAT: Excludes comparable having high turnover and profit margin; Directs granting WCA as per law

Aug 19, 2025
  • In Favour of Assessee
  • Citation Number : TS-475-ITAT-2025(HYD)-TP
  • Tax Payer : Xilinx India Technology Services Pvt Ltd
Income tax Appellate Tribunal

ITAT: Remits TP-adjustment, considers earlier order accepting 50:50 revenue-split as freight-forwarding industry-norm

Aug 19, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-474-ITAT-2025(DEL)-TP
  • Tax Payer : Geodis India Private Limited
Income tax Appellate Tribunal

ITAT: Holds severance pay as non-operating in nature; Excludes functionally-dissimilar companies

Aug 18, 2025
  • In Favour of Assessee
  • Citation Number : TS-471-ITAT-2025(CHNY)-TP
  • Tax Payer : SCM Microsystems (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Upholds CIT(A)’s decision w.r.t corporate guarantee fee, internet on delay receivables; Follows earlier order

Aug 18, 2025
  • In Favour of Assessee
  • Citation Number : TS-472-ITAT-2025(HYD)-TP
  • Tax Payer : Aurobindo Pharma Ltd.
Income tax Appellate Tribunal

ITAT: Remits 271G penalty for fresh adjudication considering assessee additional evidence

Aug 18, 2025
  • In Favour of Assessee
  • Citation Number : TS-473-ITAT-2025(HYD)-TP
  • Tax Payer : Limagrain India Private Limited
Income tax Appellate Tribunal

ITAT: Remits TP adjustments w.r.t manufacturing segment, purchase of components, contract R&D service segment

Aug 14, 2025
  • In Favour of Assessee
  • Citation Number : TS-470-ITAT-2025(DEL)-TP
  • Tax Payer : Schneider Electric India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rules on comparables in SWD/ITeS segments and validity of assessment order

Aug 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-469-ITAT-2025(Bang)-TP
  • Tax Payer : Cloud Software Group India Private Limited
Income tax Appellate Tribunal

ITAT: Deletes TP adjustment qua AMP expenses in case of Sony India

Aug 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-468-ITAT-2025(DEL)-TP
  • Tax Payer : Sony India P Ltd
Income tax Appellate Tribunal

ITAT: Remits comparability issue; Directs fresh consideration in light of filters applied by TPO

Aug 12, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-464-ITAT-2025(Bang)-TP
  • Tax Payer : Dell International Services India Private Limited
Income tax Appellate Tribunal

ITAT: Directs application of interest rate on CCDs by applying PLR as against LIBOR

Aug 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-466-ITAT-2025(DEL)-TP
  • Tax Payer : CANDOR GURGAON ONE REALTY PROJECTS PRIVATE LIMITED
Income tax Appellate Tribunal

ITAT: Extends stay by 180 days or till appeal disposal or acceptance of APA by assessee

Aug 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-465-ITAT-2025(Bang)-TP
  • Tax Payer : Volvo CE India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Dismisses assessee’s appeal as withdrawn since issues settled under MAP

Aug 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-467-ITAT-2025(Bang)-TP
  • Tax Payer : NTT DATA Global Delivery Services Ltd
Income tax Appellate Tribunal

ITAT: Excludes marketing cost, bank charges from PLI computation, rules on comparables for SWD service-provider

Aug 11, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-458-ITAT-2025(Bang)-TP
  • Tax Payer : Dotgo Private Limited