Rulings ( 10937 results )

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Income tax Appellate Tribunal

ITAT: Directs examining if assessee considered AMP expenses in determining ALP for distribution segment

Jul 09, 2025
  • In Favour of Assessee
  • Citation Number : TS-399-ITAT-2025(Bang)-TP
  • Tax Payer : HP India Sales Private Ltd
Income tax Appellate Tribunal

ITAT: Upholds CIT(A)'s deletion of TP-addition qua management fee payment

Jul 09, 2025
  • In Favour of Assessee
  • Citation Number : TS-397-ITAT-2025(PUN)-TP
  • Tax Payer : IAC International Automotive India Private Limited
Income tax Appellate Tribunal

ITAT: Quashes Sec. 148 notice issued in non-existing company’s name; Notes AO was intimated about amalgamation

Jul 09, 2025
  • In Favour of Assessee
  • Citation Number : TS-396-ITAT-2025(Kol)-TP
  • Tax Payer : KKalpana Industries India Ltd
Income tax Appellate Tribunal

ITAT: Deletes adjustments qua transfer of electricity and steam; Follows precedents

Jul 08, 2025
  • In Favour of Assessee
  • Citation Number : TS-394-ITAT-2025(DEL)-TP
  • Tax Payer : K R Pulp & Papers Ltd
Income tax Appellate Tribunal

ITAT: Remits ALP adjustment of interest paid on advance received; Directs DRP to pass speaking order

Jul 08, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-393-ITAT-2025(PAN)-TP
  • Tax Payer : Shree Renuka Sugars Limited
Income tax Appellate Tribunal

ITAT: Upholds CIT(A)’s exclusion of comparables in SWD segment for failing turnover filter, etc.

Jul 08, 2025
  • In Favour of Assessee
  • Citation Number : TS-392-ITAT-2025(Mum)-TP
  • Tax Payer : Xoriant Solutions P Ltd
Income tax Appellate Tribunal

ITAT: Refuses to condone 'inordinate' delay citing negligent conduct, dismisses Revenue's appeal

Jul 08, 2025
  • In Favour of Assessee
  • Citation Number : TS-395-ITAT-2025(DEL)-TP
  • Tax Payer : NEC Technologies India P Ltd
Income tax Appellate Tribunal

ITAT: Rejects Revenue's berry ratio for gemstone/jewelry-manufacturer, follows earlier order

Jul 07, 2025
  • In Favour of Assessee
  • Citation Number : TS-391-ITAT-2025(JPR)-TP
  • Tax Payer : Vaibhav Global Limited
Income tax Appellate Tribunal

ITAT: Restricts guarantee commission to 0.5% as against TPO's 1.3%, follows Graphite India ruling

Jul 07, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-390-ITAT-2025(Kol)-TP
  • Tax Payer : S K Sarawagi and Company Private Limited
Income tax Appellate Tribunal

ITAT: Excludes Infosys Limited citing functional dissimilarity, huge brand value in case of captive service provider

Jul 07, 2025
  • In Favour of Assessee
  • Citation Number : TS-388-ITAT-2025(HYD)-TP
  • Tax Payer : SSNC Fin Tech Services India Private Limited
Income tax Appellate Tribunal

ITAT: Remits TP issue covered under APA, directs TPO to examine agreement between assessee and CBDT

Jul 07, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-389-ITAT-2025(Kol)-TP
  • Tax Payer : DIC Fine Chemicals Pvt Ltd
Income tax Appellate Tribunal

ITAT: Quashes final assessment order as passed beyond prescribed time limit u/s 144C(13); Follows precedent

Jul 04, 2025
  • In Favour of Assessee
  • Citation Number : TS-386-ITAT-2025(DEL)-TP
  • Tax Payer : Rolls Royce India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Permits assessee to withdraw TP appeal related appeal in light of BAPA

Jul 04, 2025
  • In Favour of None/NA
  • Citation Number : TS-384-ITAT-2025(HYD)-TP
  • Tax Payer : F5 Networks Innovation Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Includes 'reliability charge' for computing ALP of power-transfer, allows deduction qua waste management system

Jul 04, 2025
  • In Favour of Assessee
  • Citation Number : TS-387-ITAT-2025(JPR)-TP
  • Tax Payer : Shree Cement Limited
Income tax Appellate Tribunal

ITAT: Holds TPO’s order in a non-existing entity’s name as nullity; Deletes adjustment

Jul 04, 2025
  • In Favour of Assessee
  • Citation Number : TS-385-ITAT-2025(PUN)-TP
  • Tax Payer : Capgemini Technology Services India Limited
Income tax Appellate Tribunal

ITAT: Directs AO to recompute addition by @ 0.5% commission on the corporate financial guarantee

Jul 03, 2025
  • In Favour of Assessee
  • Citation Number : TS-382-ITAT-2025(Mum)-TP
  • Tax Payer : UPL Limited
Income tax Appellate Tribunal

ITAT: Directs AO to adopt ALP rate @ 0.5% for corporate guarantee; Follows earlier order

Jul 03, 2025
  • In Favour of Assessee
  • Citation Number : TS-383-ITAT-2025(CHANDI)-TP
  • Tax Payer : Punjab Chemicals & Crop Protection Ltd
Income tax Appellate Tribunal

ITAT: Quashes assessment order as basis for framing assessment, viz. revisionary order, already quashed

Jul 03, 2025
  • In Favour of Assessee
  • Citation Number : TS-380-ITAT-2025(HYD)-TP
  • Tax Payer : Cambridge Technology Enterprises Ltd
High Court

HC: Holds ITAT’s remand does not dispense with mandatory procedure u/s.144C; Reverses Single judge

Jul 03, 2025
  • In Favour of Assessee
  • Citation Number : TS-381-HC-2025(MAD)-TP
  • Tax Payer : Enfinity Solar Solutions Pvt Ltd
Income tax Appellate Tribunal

ITAT: Sets aside time barred assessment order being null and void

Jul 02, 2025
  • In Favour of Assessee
  • Citation Number : TS-377-ITAT-2025(DEL)-TP
  • Tax Payer : Jones Lang LaSalle Property Consultants (India) Pvt Ltd