Rulings ( 11311 results )

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Income tax Appellate Tribunal

ITAT: Remits ALP determination for import price of software to examine Systango’s functional profile

Oct 09, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-591-ITAT-2025(Mum)-TP
  • Tax Payer : eBaotech India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Upholds deletion of disallowance u/s.40(a)(i) qua expense reimbursement, notes no TP-adjustment made

Oct 08, 2025
  • In Favour of Assessee
  • Citation Number : TS-590-ITAT-2025(CHNY)-TP
  • Tax Payer : Barclays Global Service Centre Pvt. Ltd
High Court

HC: Quashes final assessment order passed sans draft order, follows precedent

Oct 08, 2025
  • In Favour of Assessee
  • Citation Number : TS-586-HC-2025(BOM)-TP
  • Tax Payer : Danfoss Fluid Power Private Limited
Income tax Appellate Tribunal

ITAT: Upholds adjustment w.r.t onshore/offshore services for Indian office of Chinese HO, follows precedents

Oct 08, 2025
  • In Favour of Revenue
  • Citation Number : TS-587-ITAT-2025(Ahd)-TP
  • Tax Payer : TBEA Shenyang Transformer Group Company Limited
Income tax Appellate Tribunal

ITAT: Finds no reason to further adjudicate TP issues as covered under APA resolution

Oct 07, 2025
  • In Favour of Assessee
  • Citation Number : TS-582-ITAT-2025(Mum)-TP
  • Tax Payer : J P Morgan Services India P Ltd
Income tax Appellate Tribunal

ITAT: Holds royalty/FTS taxable on receipt basis, disapproves of adhoc disallowance; Follows earlier orders

Oct 07, 2025
  • In Favour of Assessee
  • Citation Number : TS-581-ITAT-2025(Mum)-TP
  • Tax Payer : Siemens Aktiengensellschaft
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustments qua payment for technical support services, payment of Cost Recharges

Oct 07, 2025
  • In Favour of Assessee
  • Citation Number : TS-579-ITAT-2025(DEL)-TP
  • Tax Payer : Aptive Components India P Ltd
Income tax Appellate Tribunal

ITAT: Deletes 271(1)(c) penalty as SCNs did not communicate specific charge

Oct 07, 2025
  • In Favour of Assessee
  • Citation Number : TS-580-ITAT-2025(PUN)-TP
  • Tax Payer : Honeywell Automation India Limited
Income tax Appellate Tribunal

ITAT: Deletes adjustment w.r.t bareboat charter hire fee payment, notes assessee-JV did not act as AE's agent

Oct 07, 2025
  • In Favour of Assessee
  • Citation Number : TS-583-ITAT-2025(Mum)-TP
  • Tax Payer : SP Armada Oil Exploration Private Limited
High Court

HC: Final assessment time-barred on AO's failure to verify service date; Dismisses Revenue's appeal

Oct 01, 2025
  • In Favour of Assessee
  • Citation Number : TS-578-HC-2025(KAR)-TP
  • Tax Payer : Yokogawa India Ltd
Income tax Appellate Tribunal

ITAT: CIT(A) erred in restoring matter as ex-parte; Directs deciding TP-issues on merits

Oct 01, 2025
  • In Favour of Assessee
  • Citation Number : TS-577-ITAT-2025(Mum)-TP
  • Tax Payer : LTIMindtree Ltd
High Court

HC: Holds assessment order passed after 10-year lag post ITAT-remand as time-barred

Oct 01, 2025
  • In Favour of Assessee
  • Citation Number : TS-576-HC-2025(TEL)-TP
  • Tax Payer : Open Text Technologies India Private Limited
Income tax Appellate Tribunal

ITAT: Dismisses TP grounds being covered under APA as withdrawn

Oct 01, 2025
  • In Favour of Assessee
  • Citation Number : TS-575-ITAT-2025(DEL)-TP
  • Tax Payer : Samsung India Electronics Pvt Ltd
Income tax Appellate Tribunal

ITAT: Dismisses Timex Group India & Revenue’s appeals as reimbursement of AMP expenses issue covered by APA

Oct 01, 2025
  • In Favour of None/NA
  • Citation Number : TS-566-ITAT-2025(DEL)-TP
  • Tax Payer : Timex Group India Limited
Income tax Appellate Tribunal

ITAT: Directs TPO to adjudicate on proposed comparables engaged in KPO & IT/ITeS

Oct 01, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-565-ITAT-2025(DEL)-TP
  • Tax Payer : Manpower Services India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Deletes adjustment w.r.t Sec.80-IC claim; Profit-margin variation in units due to product mix

Sep 30, 2025
  • In Favour of Assessee
  • Citation Number : TS-574-ITAT-2025(CHNY)-TP
  • Tax Payer : Titan Company Ltd
Income tax Appellate Tribunal

ITAT: Deletes SDT adjustment and penalty levied u/s. 271AA; Follows precedent

Sep 30, 2025
  • In Favour of Assessee
  • Citation Number : TS-573-ITAT-2025(PUN)-TP
  • Tax Payer : Vikram Tea Processing Pvt. Ltd
High Court

HC: Quashes AO's reassessment proceedings absent adjustment by TPO or new tangible material

Sep 30, 2025
  • In Favour of Assessee
  • Citation Number : TS-571-HC-2025(GUJ)-TP
  • Tax Payer : Weatherford Drilling and Production Services (India) Pvt Ltd
High Court

HC: Dismisses Revenue's appeal against ITAT-ruling on APA's persuasive value qua disputes for non-APA years

Sep 30, 2025
  • In Favour of Assessee
  • Citation Number : TS-570-HC-2025(DEL)-TP
  • Tax Payer : FIS Global Business Solutions India P. Ltd
Income tax Appellate Tribunal

ITAT: Allows Sec.80-IA deduction, holds TPO's cost-reallocation between units beyond scope of ALP-determination

Sep 30, 2025
  • In Favour of Assessee
  • Citation Number : TS-563-ITAT-2025(HYD)-TP
  • Tax Payer : Sushee Infra & Mining Limited