Rulings ( 11898 results )

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Income tax Appellate Tribunal

ITAT: Finds Revenue unable to controvert assessee's ITES/BPO profile, rules on comparables selection

  • In Favour of Assessee
  • Citation Number : TS-800-ITAT-2025(Bang)-TP
  • Tax Payer : Acuity Knowledge Centre (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Accepts assessee’s plea to exclude comparables failing turnover filter

  • In Favour of Assessee
  • Citation Number : TS-801-ITAT-2025(Bang)-TP
  • Tax Payer : CAE Simulation Technologies Pvt Ltd
Income tax Appellate Tribunal

ITAT: Invalidates adjustment recommended by TPO having no jurisdiction over assessee before passing of order u/s.127

  • In Favour of Assessee
  • Citation Number : TS-798-ITAT-2025(CHNY)-TP
  • Tax Payer : Andritz Technologies Private Limited
Income tax Appellate Tribunal

ITAT: Rules on comparables for import of finished goods, indenting commission; Follows assessee’s earlier order

  • In Favour of Both, Partially
  • Citation Number : TS-01-ITAT-2026(Mum)-TP
  • Tax Payer : Thermo Fisher Scientific India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Quashes reopening of assessment alleging under-reporting of export sales

  • In Favour of Assessee
  • Citation Number : TS-796-ITAT-2025(DEL)-TP
  • Tax Payer : Lister Moessner India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Remits PLI computation, comparables selection, ALP determination w.r.t services procured

  • In Favour of Both, Partially
  • Citation Number : TS-797-ITAT-2025(CHNY)-TP
  • Tax Payer : Brakes India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Mere difference in margins no ground to discard internal comparables under TNMM, deletes TP-adjustment

  • In Favour of Assessee
  • Citation Number : TS-794-ITAT-2025(Bang)-TP
  • Tax Payer : Sami-Sabinsa Group Limited
High Court

HC: Rejects Revenue's submission that timelines u/s.144C(13) are not applicable in remand proceedings

  • In Favour of Assessee
  • Citation Number : TS-795-HC-2025(BOM)-TP
  • Tax Payer : Archroma International (India) Private Limited
Income tax Appellate Tribunal

ITAT: Confirms CIT(A)’s order on comparables selection; Allows working-capital adjustment

  • In Favour of Assessee
  • Citation Number : TS-792-ITAT-2025(Mum)-TP
  • Tax Payer : BP India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Directs TPO to select comparables involved in automotive sector; Deletes TP-adjustment qua outstanding receivables

  • In Favour of Both, Partially
  • Citation Number : TS-791-ITAT-2025(CHNY)-TP
  • Tax Payer : Valeo India Private Limited
Income tax Appellate Tribunal

ITAT: Applies rule of consistency; Deletes TP-adjustment qua management charges

  • In Favour of Assessee
  • Citation Number : TS-790-ITAT-2025(CHNY)-TP
  • Tax Payer : Haworth India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Accepts assessee’s LIBOR+200 bps as interest on outstanding overdue receivable

  • In Favour of Assessee
  • Citation Number : TS-789-ITAT-2025(Bang)-TP
  • Tax Payer : Exxonmobil Services and Technology Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes comparables under SWD and DCM segments; Cites huge turnover, rendering distinct services

  • In Favour of Assessee
  • Citation Number : TS-793-ITAT-2025(Bang)-TP
  • Tax Payer : Go To Technologies India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Holds disallowance u/s. 37(1) w.r.t international transactions covered by APA not tenable

  • In Favour of Assessee
  • Citation Number : TS-785-ITAT-2025(Mum)-TP
  • Tax Payer : Schindler India Private Limtied
Income tax Appellate Tribunal

ITAT: Holds RPM as MAM for benchmarking import transaction; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-786-ITAT-2025(DEL)-TP
  • Tax Payer : Luxottica India Eyewear Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes Persistent Systems basis having strong IP-led business model; Follows precedent

  • In Favour of Assessee
  • Citation Number : TS-788-ITAT-2025(Bang)-TP
  • Tax Payer : NTT DATA Global Delivery Services Ltd
Income tax Appellate Tribunal

ITAT: Rules on TP-adjustments w.r.t import of sugar, export of ferrous

  • In Favour of Assessee
  • Citation Number : TS-787-ITAT-2025(DEL)-TP
  • Tax Payer : Cargil India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Rejects benchmarking intra-group loan with floating LIBOR-based rate; Fixes 6.5% as interest rate to determine ALP

  • In Favour of Assessee
  • Citation Number : TS-784-ITAT-2025(Mum)-TP
  • Tax Payer : JSW Energy Ltd
Income tax Appellate Tribunal

ITAT: Confirms Nil-ALP qua royalty payment given lack of AE presence in India

  • In Favour of Revenue
  • Citation Number : TS-783-ITAT-2025(VIZ)-TP
  • Tax Payer : Andhra Paper Limited
High Court

HC: Treats TP-addition non-est since proceedings to give effect to DRP’s directions time-barred; Follows earlier-orders

  • In Favour of Assessee
  • Citation Number : TS-781-HC-2025(BOM)-TP
  • Tax Payer : Archroma International (India) Private Limited