Rulings ( 11814 results )
Income tax Appellate Tribunal
ITAT: Deletes Sec.271G penalty, notes due process not followed nor non-compliance established
Aug 21, 2026
- In Favour of Assessee
- Citation Number : TS-645-ITAT-2026(DEL)-TP
- Tax Payer : Senatech India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Grants extension of stay on recovery of demand in case of Canon India
Aug 20, 2026
- In Favour of Assessee
- Citation Number : TS-641-ITAT-2026(DEL)-TP
- Tax Payer : Canon India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Excludes 10 comparables citing functional dissimilarity, failing ITeS filter of 75%, owning intangibles etc
Aug 20, 2026
- In Favour of Both, Partially
- Citation Number : TS-638-ITAT-2026(DEL)-TP
- Tax Payer : RBS Services India Pvt.Ltd. [Formerly known as RBS Business Services Pvt.Ltd.]
Income tax Appellate Tribunal
ITAT: Extends stay of demand for 30 days or till disposal of assessee’s appeal
Aug 20, 2026
- In Favour of Assessee
- Citation Number : TS-640-ITAT-2026(PUN)-TP
- Tax Payer : Vitesco Technologies India Private Limited
Income tax Appellate Tribunal
ITAT: Deletes TP adjustment made on account of payment of management fees; Follows earlier order
Aug 20, 2026
- In Favour of Assessee
- Citation Number : TS-639-ITAT-2026(Mum)-TP
- Tax Payer : NTT India Pvt Ltd
Income tax Appellate Tribunal
ITAT: 'Negative lien' on receivables & participating interest in oil-&-gas blocks a valuable right, constitutes international transaction
Aug 20, 2026
- In Favour of Revenue
- Citation Number : TS-637-ITAT-2026(DEL)-TP
- Tax Payer : JOGPL Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Rules on comparables selection for benchmarking transaction of purchase of finished goods
Aug 19, 2026
- In Favour of Both, Partially
- Citation Number : TS-634-ITAT-2026(DEL)-TP
- Tax Payer : Richemont India Private Limited (erstwhile known as RLG Retail Private Limited)
Income tax Appellate Tribunal
ITAT: Rules on comparables in SWD segment, Remits working capital adjustment plea
Aug 19, 2026
- In Favour of Both, Partially
- Citation Number : TS-636-ITAT-2026(Mum)-TP
- Tax Payer : NortonLifeLock Software Solutions Private Ltd
Income tax Appellate Tribunal
ITAT: Admits additional evidence, remits TP adjustment qua payment for support services
Aug 19, 2026
- In Favour of Both, Partially
- Citation Number : TS-633-ITAT-2026(Mum)-TP
- Tax Payer : Markel Capital Limited
Income tax Appellate Tribunal
ITAT: Interprets Sec.92A, holds commercial dependence/exclusivity not sole governing factor to decide 'participation'
Aug 19, 2026
- In Favour of Both, Partially
- Citation Number : TS-632-ITAT-2026(Mum)-TP
- Tax Payer : SAS Institute (India) Pvt Ltd
Income tax Appellate Tribunal
ITAT: Upholds deletion of Sec.270A penalty for Alibaba Cloud India; 'Misreporting of income' not established
Aug 18, 2026
- In Favour of Assessee
- Citation Number : TS-631-ITAT-2026(Mum)-TP
- Tax Payer : ALIBABA CLOUD INDIA LLP
Income tax Appellate Tribunal
ITAT: Deletes adjustment qua IGS, remits adjustment qua interest on ECB; Follows earlier order
Aug 18, 2026
- In Favour of Assessee
- Citation Number : TS-630-ITAT-2026(DDN)-TP
- Tax Payer : BG Exploration & Production India Limited
Income tax Appellate Tribunal
ITAT: Upholds CIT(A)’s deletion of TP adjustment qua loan; Holds letter of comfort outside ambit of international transaction
Aug 17, 2026
- In Favour of Assessee
- Citation Number : TS-1519-ITAT-2018(Mum)-TP
- Tax Payer : The Indian Hotels Company Ltd
Income tax Appellate Tribunal
ITAT: Directs AO/TPO to grant working capital adjustment in accordance with Rule 10B(3), if claim found to be factually correct
Aug 17, 2026
- In Favour of Assessee
- Citation Number : TS-629-ITAT-2026(Mum)-TP
- Tax Payer : Nynas Naphthenics Pvt Ltd
Income tax Appellate Tribunal
ITAT: Directs recomputing assessee's operating margin after including export incentive; Follows earlier orders
Aug 17, 2026
- In Favour of Assessee
- Citation Number : TS-626-ITAT-2026(CHNY)-TP
- Tax Payer : Tech Clarities Private Limited
High Court
HC: Allows writ, sets aside draft assessment order and consequent notices of demand and penalty
Aug 17, 2026
- In Favour of Assessee
- Citation Number : TS-628-HC-2026(P & H)-TP
- Tax Payer : Fidelity Information Services India Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Remits TP-issues, directs jurisdictional CIT(A) to consider assessee’s plea w.r.t pendency of MAP
Aug 17, 2026
- In Favour of Both, Partially
- Citation Number : TS-627-ITAT-2026(CHNY)-TP
- Tax Payer : ZF Wind Power Coimbatore Pvt Ltd
Income tax Appellate Tribunal
ITAT: Dismisses Revenue’s MA seeking review of earlier order invalidating time-barred final assessment order
Aug 14, 2026
- In Favour of Assessee
- Citation Number : TS-624-ITAT-2026(DEL)-TP
- Tax Payer : CBRE South Asia (P) Ltd
High Court
HC: Upholds ITAT’s order on comparables’ exclusion, terms entire dispute merely as fact driven
Aug 14, 2026
- In Favour of Assessee
- Citation Number : TS-625-HC-2026(BOM)-TP
- Tax Payer : Tetra Pak India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Deletes AMP adjustment for Nivea India; Follows earlier orders
Aug 13, 2026
- In Favour of Assessee
- Citation Number : TS-621-ITAT-2026(Mum)-TP
- Tax Payer : Nivea India Private Ltd