Rulings ( 10541 results )
Income tax Appellate Tribunal
Latest
ITAT: Excludes company providing ITeS making it functionally-dissimilar to SWD service provider
Apr 29, 2025
- In Favour of Assessee
- Citation Number : TS-199-ITAT-2025(DEL)-TP
- Tax Payer : ION Trading India Private Ltd
Income tax Appellate Tribunal
ITAT: TPO failed to examine assessee’s debt-free status, impact on receivables; Remits adjustment
Apr 29, 2025
- In Favour of Assessee
- Citation Number : TS-200-ITAT-2025(DEL)-TP
- Tax Payer : Fluor Daniel India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Mere contractual arrangement, absent significant supporting evidence, insufficient to establish rendering of services
Apr 29, 2025
- In Favour of Revenue
- Citation Number : TS-201-ITAT-2025(HYD)-TP
- Tax Payer : Hammond Power Solutions Private Limited
Income tax Appellate Tribunal
ITAT: Remits TP-adjustment qua purchase transaction, rejects NIL ALP for engineering support services
Apr 28, 2025
- In Favour of Assessee
- Citation Number : TS-198-ITAT-2025(DEL)-TP
- Tax Payer : Knauf India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Directs grant of working capital adjustment; Rules on allowing enhanced claim u/s.80IA
Apr 28, 2025
- In Favour of Assessee
- Citation Number : TS-197-ITAT-2025(DEL)-TP
- Tax Payer : Cosmo First Limited
Income tax Appellate Tribunal
ITAT: Confirms CIT(A)’s deletion of TP-adjustment qua AMP expenditure, IT support services
Apr 28, 2025
- In Favour of Assessee
- Citation Number : TS-195-ITAT-2025-TP
- Tax Payer : Kellogg India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Commission paid to distributors not AMP-expenses, deletes TP-adjustment in case of Amway India
Apr 28, 2025
- In Favour of Assessee
- Citation Number : TS-196-ITAT-2025(DEL)-TP
- Tax Payer : Amway India Enterprises Pvt Ltd
Income tax Appellate Tribunal
ITAT: Deletes adjustment on outstanding receivables considering assessee’s debt free status
Apr 25, 2025
- In Favour of Assessee
- Citation Number : TS-193-ITAT-2025(CHNY)-TP
- Tax Payer : Temenos India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Confirms assessee’s TNMM as MAM for benchmarking export transaction; Follows earlier orders
Apr 25, 2025
- In Favour of Assessee
- Citation Number : TS-190-ITAT-2025(Mum)-TP
- Tax Payer : Lubrizol India Private Limited
Income tax Appellate Tribunal
ITAT: Confirms CIT(A)’s exclusion of full risk taking entrepreneur consulting company
Apr 25, 2025
- In Favour of Assessee
- Citation Number : TS-189-ITAT-2025(DEL)-TP
- Tax Payer : Coforge Limited
Income tax Appellate Tribunal
ITAT: Directs AO/TPO to grant depreciation adjustment on account of capacity underutilization
Apr 25, 2025
- In Favour of Assessee
- Citation Number : TS-191-ITAT-2025(DEL)-TP
- Tax Payer : Hitachi Astemo Haryana Private Ltd
Income tax Appellate Tribunal
ITAT: Deletes downward adjustment made in respect of transfer value of power
Apr 25, 2025
- In Favour of Assessee
- Citation Number : TS-192-ITAT-2025(Kol)-TP
- Tax Payer : IVL Dhunseri Petrochem Industries Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Rejects recharacterization of investment as loan, upholds interest @LIBOR+200bps on receivables
Apr 25, 2025
- In Favour of Assessee
- Citation Number : TS-194-ITAT-2025(HYD)-TP
- Tax Payer : VPR Mining Infrastructure Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Deletes TP-adjustments qua royalty payment, consultancy services, reimbursement of advertisement expenses
Apr 24, 2025
- In Favour of Assessee
- Citation Number : TS-188-ITAT-2025(DEL)-TP
- Tax Payer : Benetton India Private Ltd
Income tax Appellate Tribunal
ITAT: Rules on turnover filter application, treatment of doubful debts, negative working capital adjustment
Apr 24, 2025
- In Favour of Both, Partially
- Citation Number : TS-186-ITAT-2025(HYD)-TP
- Tax Payer : Oakton Global Technology Services Centre (India) (P) Ltd
Income tax Appellate Tribunal
ITAT: Restricts corporate guarantee commission to 0.5% against TPO’s 1.65%; Follows precedent
Apr 24, 2025
- In Favour of Assessee
- Citation Number : TS-187-ITAT-2025(CHNY)-TP
- Tax Payer : E.I.D. Parry India Ltd
Income tax Appellate Tribunal
ITAT: Upholds use of Royalty Savings Method over TPO's CUP for determining ALP of intangibles
Apr 24, 2025
- In Favour of Assessee
- Citation Number : TS-185-ITAT-2025-TP
- Tax Payer : Heubach Colour Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Quashes final order, DRP’s directions available to AO the same day as issued
Apr 23, 2025
- In Favour of Assessee
- Citation Number : TS-183-ITAT-2025(Mum)-TP
- Tax Payer : TransUnion International Inc
Income tax Appellate Tribunal
ITAT: Quashes TPO’s order sans giving effect to DRP-direction on granting working-capital adjustment
Apr 23, 2025
- In Favour of Both, Partially
- Citation Number : TS-184-ITAT-2025(DEL)-TP
- Tax Payer : Bravura Solutions India LLP
Income tax Appellate Tribunal
ITAT: Confirms deletion of TP adjustment qua inter-unit transfer of tea leaves
Apr 22, 2025
- In Favour of Assessee
- Citation Number : TS-176-ITAT-2025(Kol)-TP
- Tax Payer : Mcleod Russel India Limited