Rulings ( 11814 results )

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Income tax Appellate Tribunal

ITAT: Deletes TP adjustment qua payment of management fees, SAP implementation cost etc; Follows earlier order

Jul 30, 2026
  • In Favour of Assessee
  • Citation Number : TS-576-ITAT-2026(Bang)-TP
  • Tax Payer : Bostik India Private Limited
Income tax Appellate Tribunal

ITAT: Includes functionally similar company as comparable; Considers broader functions performed

Jul 30, 2026
  • In Favour of Assessee
  • Citation Number : TS-562-ITAT-2026(DEL)-TP
  • Tax Payer : Sanden Vikas India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Holds extraordinary expenditure incurred during COVID pandemic as non-operating

Jul 30, 2026
  • In Favour of Both, Partially
  • Citation Number : TS-575-ITAT-2026(Bang)-TP
  • Tax Payer : Kennametal India Ltd
Income tax Appellate Tribunal

ITAT: Rejects Revenue's characterization of ECB as equity basis collateral in form of immoveable property

Jul 30, 2026
  • In Favour of Assessee
  • Citation Number : TS-582-ITAT-2026(DEL)-TP
  • Tax Payer : CLEAN WIND POWER (BABLESHWAR) PRIVATE LIMITED
Income tax Appellate Tribunal

ITAT: Reassessment, treating Chanel India's subsidy income received from AE as non-operating, improper

Jul 30, 2026
  • In Favour of Both, Partially
  • Citation Number : TS-583-ITAT-2026(DEL)-TP
  • Tax Payer : Chanel (India) Private Limited
Income tax Appellate Tribunal

ITAT: Adjudicates TP-adjustments w.r.t provision of SWD services, online advertisement support services, ITeS

Jul 29, 2026
  • In Favour of Both, Partially
  • Citation Number : TS-579-ITAT-2026(DEL)-TP
  • Tax Payer : Tribal Fusion R & D LLP
Income tax Appellate Tribunal

ITAT: Deletes TP adjustments qua payment of agency commission, interest on delayed receivables

Jul 29, 2026
  • In Favour of Assessee
  • Citation Number : TS-578-ITAT-2026(CHNY)-TP
  • Tax Payer : Magick Woods Exports Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Deletes adjustment qua sub-licensing fee payment; Assessee, not wholesale goods-trader, entitled to 3% variation

Jul 29, 2026
  • In Favour of Assessee
  • Citation Number : TS-580-ITAT-2026(Mum)-TP
  • Tax Payer : Aveva Information Technology India Private Limited
Income tax Appellate Tribunal

ITAT: Includes Assessee's comparables; Deletes TP adjustment qua interest on outstanding receivables

Jul 29, 2026
  • In Favour of Assessee
  • Citation Number : TS-577-ITAT-2026(DEL)-TP
  • Tax Payer : ICL Management and Trading India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Remits the issue w.r.t TP adjustment qua interest on outstanding receivables

Jul 29, 2026
  • In Favour of Both, Partially
  • Citation Number : TS-581-ITAT-2026(HYD)-TP
  • Tax Payer : West Pharmaceutical Packaging India Private Limited
Income tax Appellate Tribunal

ITAT: Allows capacity utilization, working capital adjustments; Excludes pre-commencement expenditure from operating cost

Jul 28, 2026
  • In Favour of Both, Partially
  • Citation Number : TS-573-ITAT-2026(CHNY)-TP
  • Tax Payer : FIH India Private Limited
Income tax Appellate Tribunal

ITAT: Directs TPO to redetermine assessee’s margin, allows adjustment for underutilisation of employee cost

Jul 28, 2026
  • In Favour of Both, Partially
  • Citation Number : TS-572-ITAT-2026(CHNY)-TP
  • Tax Payer : Fast Forward Logistics Pvt.Ltd
Income tax Appellate Tribunal

ITAT: Holds draft and final assessment orders as time-barred in second round of proceedings

Jul 28, 2026
  • In Favour of Assessee
  • Citation Number : TS-571-ITAT-2026(HYD)-TP
  • Tax Payer : Vivimed Labs Limited
Income tax Appellate Tribunal

ITAT: Deletes TP adjustment qua intra group services; Follows earlier order

Jul 27, 2026
  • In Favour of Assessee
  • Citation Number : TS-570-ITAT-2026(PUN)-TP
  • Tax Payer : Rehau Polymers Pvt Ltd
Income tax Appellate Tribunal

ITAT: Adjudicates TP-adjustments qua corporate guarantee, interest on loan, SDT, inter-unit cost-allocation

Jul 27, 2026
  • In Favour of Both, Partially
  • Citation Number : TS-569-ITAT-2026(DEL)-TP
  • Tax Payer : Luminous Power Technologies Private Ltd
Income tax Appellate Tribunal

ITAT: Allows assessee's MA against Tribunal order restoring TP-adjustment w.r.t interest on CCDs

Jul 27, 2026
  • In Favour of Assessee
  • Citation Number : TS-568-ITAT-2026(Mum)-TP
  • Tax Payer : Goldman Sachs (India) Finance Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Grants stay to assessee subject to payment of 20% recoverable demand

Jul 27, 2026
  • In Favour of Assessee
  • Citation Number : TS-567-ITAT-2026(DEL)-TP
  • Tax Payer : Liugong India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustments qua outstanding receivables, interest on loan; Excludes comparables citing high turnover

Jul 27, 2026
  • In Favour of Both, Partially
  • Citation Number : TS-563-ITAT-2026(HYD)-TP
  • Tax Payer : Technvision Ventures Limited
Income tax Appellate Tribunal

ITAT: Restricts corporate guarantee commission to 0.5%; Applies rule of consistency

Jul 27, 2026
  • In Favour of Assessee
  • Citation Number : TS-566-ITAT-2026(HYD)-TP
  • Tax Payer : EXCELRA KNOWLEDGE SOLUTIONS PRIVATE LIMITED
High Court

HC: Dismisses Revenue’s appeal challenging deletion of addition u/s. 10A(7) made for assessee’s excess profits

Jul 24, 2026
  • In Favour of Assessee
  • Citation Number : TS-565-HC-2026(BOM)-TP
  • Tax Payer : Persistent Systems Pvt Ltd