Rulings ( 10933 results )

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Income tax Appellate Tribunal

ITAT: Deletes TP-adjustment qua interest on receivables; Considers net margin, debt-free status, etc

Sep 19, 2025
  • In Favour of Assessee
  • Citation Number : TS-550-ITAT-2025(DEL)-TP
  • Tax Payer : Technip Energies India Limited
Income tax Appellate Tribunal

ITAT: Deletes TP adjustment made on account of outstanding receivables; Follows earlier order

Sep 19, 2025
  • In Favour of Assessee
  • Citation Number : TS-548-ITAT-2025(DEL)-TP
  • Tax Payer : Agilent Technologies (International) Pvt. Ltd.
Income tax Appellate Tribunal

ITAT: Directs inclusion of comparable passing turnover filter w.r.t benchmarking ITeS

Sep 19, 2025
  • In Favour of Assessee
  • Citation Number : TS-547-ITAT-2025(DEL)-TP
  • Tax Payer : WNS Business Consulting Services Pvt Ltd
Income tax Appellate Tribunal

ITAT: Remits TP-adjustment w.r.t trading segment, TPO to examine if foreign-AE can be considered tested party

Sep 19, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-549-ITAT-2025(Bang)-TP
  • Tax Payer : Andante Foods LLP
Income tax Appellate Tribunal

ITAT: Remits comparability issue of 2 companies; Directs inclusion or exclusion basis RPT Filter

Sep 18, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-546-ITAT-2025(DEL)-TP
  • Tax Payer : Agilent Technologies India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Quashes final assessment order as being time-barred u/s.153(5), not passed within 3 months timeline

Sep 18, 2025
  • In Favour of Assessee
  • Citation Number : TS-540-ITAT-2025(DEL)-TP
  • Tax Payer : Hitachi Astemo Haryana Private Ltd
Income tax Appellate Tribunal

ITAT: ITAT: Directs benchmarking of interest on CCDs while considering 'convertibility' i.e. option value factor

Sep 18, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-545-ITAT-2025(Mum)-TP
  • Tax Payer : Mahindra Homes Private Limited
Income tax Appellate Tribunal

ITAT: Holds TPO exceeded jurisdiction in following methodology u/s.50C & itemizing slump-sale assets

Sep 17, 2025
  • In Favour of Assessee
  • Citation Number : TS-544-ITAT-2025(CHNY)-TP
  • Tax Payer : Schneider Electric Systems India Pvt Ltd
High Court

HC: Rejects Revenue's submission that “variation” u/s.144C(1)/144C(15) includes “no variation”, Holds assessee not 'eligible'

Sep 17, 2025
  • In Favour of Assessee
  • Citation Number : TS-543-HC-2025(BOM)-TP
  • Tax Payer : Classic Legends Pvt Ltd
High Court

HC: Quashes penalty order; Notes AO's failure to pass order on modified ROI, no virtual-hearing

Sep 16, 2025
  • In Favour of Assessee
  • Citation Number : TS-537-HC-2025(BOM)-TP
  • Tax Payer : Man Truck & Bus India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Remits TP-adjustments qua jewellery export, advertisement expenses; Follows earlier order

Sep 16, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-536-ITAT-2025(COCH)-TP
  • Tax Payer : Joyalukkas (India) Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Upholds deduction claim u/s.10A, notes TPO's acceptance of export turnover of software / no TP-adjustment

Sep 16, 2025
  • In Favour of Assessee
  • Citation Number : TS-541-ITAT-2025(DEL)-TP
  • Tax Payer : Nuwave E Solutions (P) Ltd
Supreme Court

SC: Dismisses assessee’s SLP on ALP remand of intra-group services

Sep 16, 2025
  • In Favour of None/NA
  • Citation Number : TS-542-SC-2025-TP
  • Tax Payer : American Express Banking Corp, (India Branch)
High Court

HC: Dismisses Revenue’s appeal against ITAT-order deleting BLT based AMP adjustment in case of Casio India

Sep 15, 2025
  • In Favour of Assessee
  • Citation Number : TS-539-HC-2025(DEL)-TP
  • Tax Payer : Casio India Company Pvt Ltd
Income tax Appellate Tribunal

ITAT: Finds contradiction between audited financial statements & segmental report, remits adjustment qua SDS

Sep 15, 2025
  • In Favour of Assessee
  • Citation Number : TS-532-ITAT-2025(HYD)-TP
  • Tax Payer : Brightcom Group Limited
Income tax Appellate Tribunal

ITAT: Quashes final assessment order as passed beyond limitation period prescribed u/s.144C(13) in case of BMW India

Sep 15, 2025
  • In Favour of Assessee
  • Citation Number : TS-535-ITAT-2025(DEL)-TP
  • Tax Payer : BMW India Pvt. Ltd.
Income tax Appellate Tribunal

ITAT: Deletes addition w.r.t interest on CCDs, remits adjustment qua interest & redemption premium on NCDs

Sep 15, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-538-ITAT-2025(HYD)-TP
  • Tax Payer : Neovantage Innovation Park Private Limited
Income tax Appellate Tribunal

ITAT: Rules on TP adjustment qua corporate guarantee and interest on trade receivables

Sep 15, 2025
  • In Favour of Revenue
  • Citation Number : TS-759-ITAT-2023(COCH)-TP
  • Tax Payer : Synthite Industries (P) Ltd
Income tax Appellate Tribunal

ITAT: Third Member rules Microsoft India’s AY 2017-18 assessment time-barred due to delayed DRP directions

Sep 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-534-ITAT-2025(DEL)-TP
  • Tax Payer : Microsoft Corporation (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes/Includes comparables in SWD segment; Remits working capital adjustment

Sep 12, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-533-ITAT-2025(Bang)-TP
  • Tax Payer : Netradyne Technology India Pvt. Limited