Rulings ( 10760 results )
High Court
Latest
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