Rulings ( 11651 results )
Supreme Court
SC: Dismisses Revenue's SLP challenging HC-order on AMP adjustment in case of Pernod Ricard India
May 28, 2026
- In Favour of Assessee
- Citation Number : TS-418-SC-2026-TP
- Tax Payer : Pernod Ricard India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Upholds deletion of TP adjustment qua management support services and manufacturing segment
May 28, 2026
- In Favour of Assessee
- Citation Number : TS-417-ITAT-2026(Ahd)-TP
- Tax Payer : Schaeffler India Limited
Income tax Appellate Tribunal
ITAT: Holds TPO wrongly invoked Chapter-X for making AMP adjustment, follows earlier order
May 28, 2026
- In Favour of Assessee
- Citation Number : TS-416-ITAT-2026(DEL)-TP
- Tax Payer : Amadeus India Pvt. Ltd.
Income tax Appellate Tribunal
ITAT: Deletes 271G penalty absent existence of AE as well as no adjustment being made
May 27, 2026
- In Favour of Assessee
- Citation Number : TS-415-ITAT-2026(Mum)-TP
- Tax Payer : D.A. Jhaveri
Income tax Appellate Tribunal
ITAT: AO cannot pass two draft orders u/s.144C, quashes second order proposing corporate-tax addition
May 27, 2026
- In Favour of Assessee
- Citation Number : TS-414-ITAT-2026(Bang)-TP
- Tax Payer : Marvell India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Deletes TP adjustment made in respect of intra-group services; Follows earlier orders
May 27, 2026
- In Favour of Assessee
- Citation Number : TS-413-ITAT-2026(Ahd)-TP
- Tax Payer : Styrenix Performace Materials Ltd. (Formerly known as INEOS Styrolution India Limited)
Income tax Appellate Tribunal
ITAT: Remits AMP adjustment issue to reconsider in light of SC decisions pending in Gillette India and Yakult Danone India
May 27, 2026
- In Favour of Both, Partially
- Citation Number : TS-412-ITAT-2026(Kol)-TP
- Tax Payer : Reckitt Benckiser (India) Limited
Income tax Appellate Tribunal
ITAT: Rules on TP adjustments qua alleged interest received on advances, sales transaction, comparables selection
May 26, 2026
- In Favour of Both, Partially
- Citation Number : TS-411-ITAT-2026(DEL)-TP
- Tax Payer : Acme Cleantech Solutions Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Rules on TP-adjustments pertaining to AE transactions, overdue trade receivables
May 26, 2026
- In Favour of Assessee
- Citation Number : TS-410-ITAT-2026(DEL)-TP
- Tax Payer : Elofic Industries Limited
Income tax Appellate Tribunal
ITAT: Remits TP adjustment made twice; Excludes 3 functionally dissimilar comparables
May 26, 2026
- In Favour of Both, Partially
- Citation Number : TS-409-ITAT-2026(DEL)-TP
- Tax Payer : Mitsui Prime Advanced Composites India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Dismisses the appeal and stay application as infructuous
May 26, 2026
- In Favour of Assessee
- Citation Number : TS-408-ITAT-2026(DEL)-TP
- Tax Payer : K.S. Commodities Private Limited
Income tax Appellate Tribunal
ITAT: Excludes 4, remits 2 comparables in case of Inter Continental Hotels Group
May 26, 2026
- In Favour of Both, Partially
- Citation Number : TS-407-ITAT-2026(DEL)-TP
- Tax Payer : Inter Continental Hotels Group (India) Pvt Ltd
Income tax Appellate Tribunal
ITAT: Rejects invocation of benefit test, deletes TP adjustment qua Franchise fee payment
May 25, 2026
- In Favour of Both, Partially
- Citation Number : TS-406-ITAT-2026(Mum)-TP
- Tax Payer : Royal Canin India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Excludes 5 comparables and restricts commission @ 0.04% on comfort letter for ICICI Bank; Follows earlier orders
May 25, 2026
- In Favour of Assessee
- Citation Number : TS-405-ITAT-2026(Mum)-TP
- Tax Payer : ICICI Bank Ltd
Income tax Appellate Tribunal
ITAT: Excludes functionally dissimilar companies; Deletes adjustment
May 25, 2026
- In Favour of Assessee
- Citation Number : TS-404-ITAT-2026(DEL)-TP
- Tax Payer : Astemo India Private Limited
Income tax Appellate Tribunal
ITAT: Dismisses assessee’s MA; Upholds Tribunal’s exclusion of company failing quantitative filter
May 25, 2026
- In Favour of Revenue
- Citation Number : TS-403-ITAT-2026(DEL)-TP
- Tax Payer : Assimilate Solutions India Private Limited
Income tax Appellate Tribunal
ITAT: Deletes disallowance u/s. 37(1) for Ericsson India, AO cannot disregard binding APA
May 23, 2026
- In Favour of Assessee
- Citation Number : TS-402-ITAT-2026(DEL)-TP
- Tax Payer : Ericsson India P. Ltd
Income tax Appellate Tribunal
ITAT: Excludes companies having high turnover; Directs recomputing interest by allowing 60 days credit period
May 22, 2026
- In Favour of Assessee
- Citation Number : TS-401-ITAT-2026(HYD)-TP
- Tax Payer : Winwire Technologies India Private Limited
High Court
HC: Allows Revenue's plea against ITAT's inclusion of 2 comparables in American Express' case
May 22, 2026
- In Favour of Assessee
- Citation Number : TS-400-HC-2026(DEL)-TP
- Tax Payer : American Express (India) P. Ltd
Income tax Appellate Tribunal
ITAT: Upholds deletion of TP-adjustment w.r.t inter-unit power supply transfer value of power by CPPs
May 22, 2026
- In Favour of Assessee
- Citation Number : TS-394-ITAT-2026(Kol)-TP
- Tax Payer : SHYAM SEL AND POWER LIMITED