Rulings ( 10831 results )
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
Income tax Appellate Tribunal
ITAT: Remits TP-adjustment qua sale of goods made by TPO without considering TP documentation
Apr 22, 2025
- In Favour of Both, Partially
- Citation Number : TS-178-ITAT-2025(HYD)-TP
- Tax Payer : RAS Lifesciences Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Deletes TP-adjustments qua royalty payment and interest on outstanding receivables
Apr 22, 2025
- In Favour of Assessee
- Citation Number : TS-177-ITAT-2025(DEL)-TP
- Tax Payer : Phinia Delphi India Private Ltd
High Court
HC: No assessment order issued despite ITAT's remand, any proposed assessment now time-barred
Apr 22, 2025
- In Favour of Assessee
- Citation Number : TS-179-HC-2025(DEL)-TP
- Tax Payer : Consulting Engineering Services (India) P. Ltd
Income tax Appellate Tribunal
ITAT: Deletes adjustments w.r.t interest on ECBs, outstanding receivables; Rejects NIL-ALP of royalty payment
Apr 22, 2025
- In Favour of Assessee
- Citation Number : TS-182-ITAT-2025(HYD)-TP
- Tax Payer : Shakti Hormann Private Limited
Income tax Appellate Tribunal
ITAT: Upholds TP-adjustments w.r.t purchase of raw material, royalty payment
Apr 22, 2025
- In Favour of Revenue
- Citation Number : TS-181-ITAT-2025(JPR)-TP
- Tax Payer : Mikuni India Private Limited
Income tax Appellate Tribunal
ITAT: Directs CIT(A) to decide TP issues in light of earlier orders, other proceedeings
Apr 22, 2025
- In Favour of Assessee
- Citation Number : TS-180-ITAT-2025(Bang)-TP
- Tax Payer : IBM India Pvt Ltd
Income tax Appellate Tribunal
ITAT: No review power with Tribunal in the garb of Sec.254(2), dismisses assessee’s MP
Apr 21, 2025
- In Favour of Assessee
- Citation Number : TS-173-ITAT-2025(DEL)-TP
- Tax Payer : Infres Methodex Pvt Ltd
Income tax Appellate Tribunal
ITAT: Grants stay on outstanding demand for 180 days; Directs 20% of disputed demand adjustment from pending refund
Apr 21, 2025
- In Favour of Assessee
- Citation Number : TS-174-ITAT-2025(DEL)-TP
- Tax Payer : Prometric Testing (P) Ltd
Income tax Appellate Tribunal
ITAT: Dismisses assessee’s appeal as withdrawn in light of VSVS
Apr 21, 2025
- In Favour of None/NA
- Citation Number : TS-175-ITAT-2025(DEL)-TP
- Tax Payer : K C Cottrell India P Ltd
Income tax Appellate Tribunal
ITAT: SDT provisions omitted post April 2017, hence TPO reference invalid
Apr 18, 2025
- In Favour of Assessee
- Citation Number : TS-172-ITAT-2025(DEL)-TP
- Tax Payer : NYMPHEA DEVELOPERS PVT LTD