Rulings ( 10760 results )

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HC: AO not intimated about objections before DRP, sets aside final assessment order

Jul 24, 2025
  • In Favour of Assessee
  • Citation Number : TS-421-HC-2025(BOM)-TP
  • Tax Payer : Saleri India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rules on comparables selection for non-core automotive component manufacturer

Jul 24, 2025
  • In Favour of Assessee
  • Citation Number : TS-419-ITAT-2025(DEL)-TP
  • Tax Payer : Daido India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Holds SBI-PLR as appropriate rate of interest for CCDs; Relies on earlier order

Jul 24, 2025
  • In Favour of Revenue
  • Citation Number : TS-420-ITAT-2025(HYD)-TP
  • Tax Payer : Invesco (India) Private Limited
Income tax Appellate Tribunal

ITAT: Upholds TP-adjustment w.r.t execution of onshore/offshore contracts by Indian PE of Chinese HO

Jul 23, 2025
  • In Favour of Revenue
  • Citation Number : TS-418-ITAT-2025(Ahd)-TP
  • Tax Payer : TBEA Shenyang Transformer Group Company Limited
Income tax Appellate Tribunal

ITAT: Remits benchmarking of international transaction of commission & post support; Directs consideration of earlier order

Jul 23, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-410-ITAT-2025(COCH)-TP
  • Tax Payer : Network Systems & Technologies Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Accepts assessee's Berry Ratio as PLI for distribution segment, deletes adjustment under manufacturing segment

Jul 23, 2025
  • In Favour of Assessee
  • Citation Number : TS-415-ITAT-2025(DEL)-TP
  • Tax Payer : Samsung SDI India Pvt.Ltd
Income tax Appellate Tribunal

ITAT: No 'alternate adjustment' w.r.t SWD services, remits ALP-computation for staff augmentation services

Jul 23, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-417-ITAT-2025(PUN)-TP
  • Tax Payer : Spectraforce Technologies (India) Private Limited
Income tax Appellate Tribunal

ITAT: Rejects DCF method for share-valuation; Denies depreciation claim on goodwill, cites assessee’s tax avoidance intent

Jul 23, 2025
  • In Favour of Revenue
  • Citation Number : TS-416-ITAT-2025(HYD)-TP
  • Tax Payer : Invesco (India) Private Limited
Income tax Appellate Tribunal

ITAT: Excludes Tata Elxsi, Infosys etc citing functional dissimilarity; Applies LIBOR+200 bps for trade receivables

Jul 22, 2025
  • In Favour of Assessee
  • Citation Number : TS-414-ITAT-2025(HYD)-TP
  • Tax Payer : IVY software Development Services Private Limited
Income tax Appellate Tribunal

ITAT: TPO erred in going merely by TPSR qua assessee's functional profile, remits adjustment

Jul 22, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-413-ITAT-2025(Bang)-TP
  • Tax Payer : Alpha Elsec Defence & Aerospace Systems Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rejects recharacterization of expense reimbursement as business support services sans mark-up

Jul 22, 2025
  • In Favour of Assessee
  • Citation Number : TS-411-ITAT-2025(DEL)-TP
  • Tax Payer : Eli Lilly & Company (India) Pvt. Ltd.
Income tax Appellate Tribunal

ITAT: Remits benchmarking international transaction of corporate guarantee; Follows earlier order

Jul 21, 2025
  • In Favour of Assessee
  • Citation Number : TS-412-ITAT-2025(COCH)-TP
  • Tax Payer : Olam Food Ingredients India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Affirms CIT(A)’s application of CUP for 4 export transactions and TNMM for others

Jul 21, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-407-ITAT-2025(DEL)-TP
  • Tax Payer : Gujarat Guardian Ltd
Income tax Appellate Tribunal

ITAT: TPO not justified in separately culling out salary cross charge for separate adjustment, deletes it

Jul 18, 2025
  • In Favour of Assessee
  • Citation Number : TS-409-ITAT-2025(CHNY)-TP
  • Tax Payer : Sun Tec Business Solutions (P) Ltd
High Court

HC: Sets aside ITAT-order on comparables selection; Directs passing a reasoned order

Jul 18, 2025
  • In Favour of Assessee
  • Citation Number : TS-408-HC-2025(DEL)-TP
  • Tax Payer : TPG Software Pvt Ltd
High Court

HC: Disposes of assessee’s petition, directs availing remedy before lower authorities

Jul 17, 2025
  • In Favour of Revenue
  • Citation Number : TS-405-HC-2025(DEL)-TP
  • Tax Payer : Idemia Syscom India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Deletes adjustments qua AMP-expenses, reimbursement; Rules on comparables selection under RPM

Jul 17, 2025
  • In Favour of Assessee
  • Citation Number : TS-406-ITAT-2025(Mum)-TP
  • Tax Payer : Thermo Fisher Scientific India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Upholds CIT(A)’s order treating Phillips Foods India as tested party & adopting APA-margin

Jul 11, 2025
  • In Favour of Assessee
  • Citation Number : TS-404-ITAT-2025(CHNY)-TP
  • Tax Payer : Phillips Foods India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Considers Amway India's case against AMP-adjustment basis earlier AYs, grants stay

Jul 11, 2025
  • In Favour of Assessee
  • Citation Number : TS-403-ITAT-2025(DEL)-TP
  • Tax Payer : Amway India Enterprises Pvt Ltd
High Court

HC: Affirms ITAT-rulings qua ALP of power-sale for computing Sec.80IA deduction, follows precedents

Jul 11, 2025
  • In Favour of Assessee
  • Citation Number : TS-402-HC-2025(CAL)-TP
  • Tax Payer : Rungta Mines Ltd