Rulings ( 11499 results )

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Income tax Appellate Tribunal

ITAT: Affirms Shell India's 'at-cost' model for technical services; Considers industry norm, expert opinion

Dec 01, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-700-ITAT-2025(Mum)-TP
  • Tax Payer : Shell India Markets Private Limited
Income tax Appellate Tribunal

ITAT: Adjudicates SDT-adjustment w.r.t inter-unit supply of milk, assessee's pricing mechanism not infirm

Dec 01, 2025
  • In Favour of Assessee
  • Citation Number : TS-699-ITAT-2025(HYD)-TP
  • Tax Payer : Dodla Dairy Limited
Income tax Appellate Tribunal

ITAT: Quashes assessment order as barred by limitation, notes issue pending before SC in Shelf-Drilling

Dec 01, 2025
  • In Favour of Assessee
  • Citation Number : TS-698-ITAT-2025(HYD)-TP
  • Tax Payer : Repal Renewables Private Limited
High Court

HC: Dismisses Revenue’s appeal against ITAT-order deleting addition on account of mark-up on out-of-pocket expenses

Nov 28, 2025
  • In Favour of Assessee
  • Citation Number : TS-697-HC-2025(BOM)-TP
  • Tax Payer : Capgemini India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Quashes final assessment order as time-barred, considering TOLA-extension & Sec.153 time-limit

Nov 28, 2025
  • In Favour of Assessee
  • Citation Number : TS-696-ITAT-2025(HYD)-TP
  • Tax Payer : EPAM Systems India P Ltd
Income tax Appellate Tribunal

ITAT: Expenses incurred towards purchase of hardware and software consumables not capital expenditure

Nov 27, 2025
  • In Favour of Assessee
  • Citation Number : TS-695-ITAT-2025(CHNY)-TP
  • Tax Payer : Bahwan Cybertek Private Limited
Income tax Appellate Tribunal

ITAT: Deletes TPO’s downward adjustment to assessee’s claim of deduction u/s 80IA

Nov 27, 2025
  • In Favour of Assessee
  • Citation Number : TS-694-ITAT-2025(CHNY)-TP
  • Tax Payer : Premier Mills Pvt Ltd
Income tax Appellate Tribunal

ITAT: Deletes adjustment for guarantee fee following principle of consistency

Nov 27, 2025
  • In Favour of Assessee
  • Citation Number : TS-693-ITAT-2025(Ahd)-TP
  • Tax Payer : Alembic Pharmaceuticals Ltd
Income tax Appellate Tribunal

ITAT: Accepts assessee's comparables’ selection; Directs granting working capital adjustment

Nov 26, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-692-ITAT-2025(Mum)-TP
  • Tax Payer : DSV Air & Sea Private Limited
Income tax Appellate Tribunal

ITAT: Upholds assessee’s claim for deduction u/s. 80IA for inter unit transfer of power

Nov 26, 2025
  • In Favour of Assessee
  • Citation Number : TS-690-ITAT-2025(Mum)-TP
  • Tax Payer : ASR Multimetals Private Ltd
Income tax Appellate Tribunal

ITAT: Rules on comparables qua back-office support services, imputes 0.04% rate on comfort letter

Nov 26, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-691-ITAT-2025(Mum)-TP
  • Tax Payer : ICICI Bank Ltd
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustment qua Management Fees, notes overall margin accepted under TNMM

Nov 26, 2025
  • In Favour of Assessee
  • Citation Number : TS-689-ITAT-2025(Mum)-TP
  • Tax Payer : Logwin Air & Ocean India Private Limited
High Court

HC: Quashes AO’s final assessment order passed without awaiting DRP’s directions; Follows precedents

Nov 26, 2025
  • In Favour of Assessee
  • Citation Number : TS-683-HC-2025(KAR)-TP
  • Tax Payer : WONDER GLOBAL INDIA TECHNOLOGY CENTRE PRIVATE LIMITED
Income tax Appellate Tribunal

ITAT: Sets aside CIT(A)’s order passed without affording Revenue opportunity of hearing

Nov 25, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-688-ITAT-2025(CHNY)-TP
  • Tax Payer : Flextronics Technologies India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustment w.r.t 'excess profit' earned by entity having no arrangement/transaction with assessee

Nov 25, 2025
  • In Favour of Assessee
  • Citation Number : TS-687-ITAT-2025(CHNY)-TP
  • Tax Payer : Virtusa Consulting Services Private Limited
Income tax Appellate Tribunal

ITAT: Adjudicates TP-adjustments w.r.t IGS, considers need/benefit tests, follows earlier order

Nov 25, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-686-ITAT-2025(Mum)-TP
  • Tax Payer : Lintas India Private Limited
Income tax Appellate Tribunal

ITAT: Dismisses assessee’s appeal as withdrawn in light of VSVS Scheme

Nov 25, 2025
  • In Favour of None/NA
  • Citation Number : TS-682-ITAT-2025(CHNY)-TP
  • Tax Payer : Hanon Automotive Systems India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Directs AO to charge interest on loan at LIBOR, not SBI PLR; Holds outstanding receivables as international-transaction

Nov 25, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-685-ITAT-2025(DEL)-TP
  • Tax Payer : Acme Cleantech Solutions Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Rejects partial disallowance qua management support services, notes pricing fully aligned with OECD framework

Nov 25, 2025
  • In Favour of Assessee
  • Citation Number : TS-684-ITAT-2025(Mum)-TP
  • Tax Payer : EWAC Alloys Limited
Income tax Appellate Tribunal

ITAT: Confirms deletion of Sec.271G-penalty levied on assessee in diamond industry; Follows precedents

Nov 21, 2025
  • In Favour of Assessee
  • Citation Number : TS-678-ITAT-2025(Mum)-TP
  • Tax Payer : Dharmanandan Diamonds (P) Ltd