Rulings ( 11015 results )

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Income tax Appellate Tribunal Latest

ITAT: Rejects netting of outstanding debt with outstanding liability; Rules on comparables

Nov 20, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-676-ITAT-2025(Bang)-TP
  • Tax Payer : SAP India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes functionally dissimilar companies in distribution and business support segment

Nov 20, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-675-ITAT-2025(DEL)-TP
  • Tax Payer : Rockwell Automation India Pvt. Ltd.
Income tax Appellate Tribunal

ITAT: Remits issues w.r.t interest on outstanding receivables and recovery of expenses

Nov 20, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-674-ITAT-2025(COCH)-TP
  • Tax Payer : IBS Software Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Remits TP-adjustment qua electricity-sale; Directs AO/TPO to adopt gross SEB rate instead of base rate

Nov 19, 2025
  • In Favour of Assessee
  • Citation Number : TS-672-ITAT-2025(HYD)-TP
  • Tax Payer : My Home Industries Private Limited
Income tax Appellate Tribunal

ITAT: Remits TP-adjustment w.r.t project execution services, directs DRP to consider assessee's additional evidence

Nov 19, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-671-ITAT-2025(HYD)-TP
  • Tax Payer : Deloitte Consulting India Projects LP
High Court

HC: Upholds ITAT’s decision confirming Sec.10AA deduction on assessee’s voluntary TP-adjustment pursuant to APA

Nov 19, 2025
  • In Favour of Assessee
  • Citation Number : TS-673-HC-2025(KAR)-TP
  • Tax Payer : EYGBS India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Third member holds rate of electricity purchased from SEB represents appropriate CUP for Sec.80IA purpose

Nov 19, 2025
  • In Favour of Assessee
  • Citation Number : TS-670-ITAT-2025(Mum)-TP
  • Tax Payer : Aditya Birla Nuvo Limited
Income tax Appellate Tribunal

ITAT: Excludes functionally dissimilar comparables with huge turnover; Applies LIBOR + 200 bps for outstanding receivables

Nov 18, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-668-ITAT-2025(HYD)-TP
  • Tax Payer : Signode India Limited
Income tax Appellate Tribunal

ITAT: Directs TPO/AO to consider TP documentation & segmental details afresh for computing ALP

Nov 18, 2025
  • In Favour of Assessee
  • Citation Number : TS-669-ITAT-2025(COCH)-TP
  • Tax Payer : Applexus Technologies Private Limited
Income tax Appellate Tribunal

ITAT: Excludes 7 comparables for SWD-service provider citing functional dissimilarity, huge turnover etc; Follows precedents

Nov 17, 2025
  • In Favour of Assessee
  • Citation Number : TS-666-ITAT-2025(HYD)-TP
  • Tax Payer : HighRadius Technologies Private Limited
Income tax Appellate Tribunal

ITAT: Deletes 271G penalty; Notes no failure by assessee to respond to notices, produce records

Nov 17, 2025
  • In Favour of Assessee
  • Citation Number : TS-667-ITAT-2025(Mum)-TP
  • Tax Payer : Thyssenkrupp Industrial Solutions AG
Income tax Appellate Tribunal

ITAT: Sets aside issues for factual verification as DRP failed to adjudicate assessee’s objections

Nov 14, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-664-ITAT-2025(DEL)-TP
  • Tax Payer : PCL Foods Private Limited
Income tax Appellate Tribunal

ITAT: Offsetting outstanding payables with interest on overdue receivables incorrect, cites only income-impacting international transactions u/s.92

Nov 14, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-665-ITAT-2025(Bang)-TP
  • Tax Payer : SAP India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustment qua royalty payment, AMP expenses in case of Sony India; Follows earlier orders

Nov 13, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-662-ITAT-2025(DEL)-TP
  • Tax Payer : Sony India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Deletes additions qua corporate guarantee and loan advanced; Follows precedents

Nov 13, 2025
  • In Favour of Assessee
  • Citation Number : TS-663-ITAT-2025(PUN)-TP
  • Tax Payer : Precision Camshafts Limited
Income tax Appellate Tribunal

ITAT: Excludes comparables failing turnover filter and not appearing in search matrix

Nov 13, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-661-ITAT-2025(Bang)-TP
  • Tax Payer : Concur Technologies (India) Private Ltd
High Court

HC: Upholds ITAT's deletion of TP-adjustment w.r.t payment for advisory services absent any perversity

Nov 13, 2025
  • In Favour of Assessee
  • Citation Number : TS-660-HC-2025(BOM)-TP
  • Tax Payer : Grupo Antolin India Private Limited
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustment qua interest on receivables, royalty payment; Upholds LIBOR+200bps qua ECB-interest

Nov 12, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-657-ITAT-2025(VIZ)-TP
  • Tax Payer : SNF (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Quashes reopening of assessment for disallowing reimbursement reflected in Form-3CEB, notes no TP-adjustment

Nov 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-658-ITAT-2025(DEL)-TP
  • Tax Payer : MakeMy Trip (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rules on TP-adjustment w.r.t transfer of specified assets, support services, R&D fee, etc.

Nov 12, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-659-ITAT-2025(DEL)-TP
  • Tax Payer : Ecoenergy Insights Ltd