Rulings ( 10937 results )

Filters
Income tax Appellate Tribunal

ITAT: Upholds assessee's Other Method for benchmarking interest on loan to AE at NIL

Sep 05, 2025
  • In Favour of Assessee
  • Citation Number : TS-517-ITAT-2025(Mum)-TP
  • Tax Payer : Reliance Life Sciences Pvt Ltd
Income tax Appellate Tribunal

ITAT: Treats depreciation on goodwill/amortisation of non-compete fees as non-operating, rules on comparables

Sep 05, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-516-ITAT-2025(Mum)-TP
  • Tax Payer : Novateur Electrical and Digital Systems Pvt Ltd
Income tax Appellate Tribunal

ITAT: Upholds 'other method' qua interest on receivables & ALP-commission @ 1.4% on guarantee

Sep 05, 2025
  • In Favour of Revenue
  • Citation Number : TS-513-ITAT-2025(Mum)-TP
  • Tax Payer : Garware Fulflex India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Confirms CIT(A)’s order allowing claim of deduction u/s.80IA by relying on earlier orders

Sep 04, 2025
  • In Favour of Assessee
  • Citation Number : TS-511-ITAT-2025(Ahd)-TP
  • Tax Payer : Gujarat Narmada Valley Fertilizer & Chemicals Limited
Income tax Appellate Tribunal

ITAT: Rules on comparables' selection in SDS & ITeS segments; Grants working capital adjustment

Sep 04, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-515-ITAT-2025(DEL)-TP
  • Tax Payer : FIS Global Business Solutions India P. Ltd
Income tax Appellate Tribunal

ITAT: Upholds assessee’s ‘other method’ over TPO's TNMM for benchmarking sale of air-tickets

Sep 04, 2025
  • In Favour of Assessee
  • Citation Number : TS-508-ITAT-2025(Bang)-TP
  • Tax Payer : Ebix Travels Private Limited
Income tax Appellate Tribunal

ITAT: Excludes comparable for R&D service-provider citing unavailability of segmental details

Sep 03, 2025
  • In Favour of Assessee
  • Citation Number : TS-506-ITAT-2025(HYD)-TP
  • Tax Payer : Pioneer Hi-Bred Private Limited
Income tax Appellate Tribunal

ITAT: Deletes 271(1)(c) penalty as assessee furnished all details and documents

Sep 03, 2025
  • In Favour of Assessee
  • Citation Number : TS-510-ITAT-2025(Mum)-TP
  • Tax Payer : International Products (India) Specialty Private Limited
Income tax Appellate Tribunal

ITAT: Excludes comparables failing turnover and employee cost filters for SWD-provider

Sep 02, 2025
  • In Favour of Assessee
  • Citation Number : TS-509-ITAT-2025(CHNY)-TP
  • Tax Payer : Sensiple Software Solution Pvt Ltd
Income tax Appellate Tribunal

ITAT: Remits issue of MAM selection, application of filters for comparables selection

Sep 02, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-502-ITAT-2025(DEL)-TP
  • Tax Payer : Takata India Private Limited
Income tax Appellate Tribunal

ITAT: Restricts letter of guarantee/comfort at 0.5%; Follows judicial precedent

Sep 02, 2025
  • In Favour of Assessee
  • Citation Number : TS-507-ITAT-2025(CHNY)-TP
  • Tax Payer : Carborundum Universal Ltd
Income tax Appellate Tribunal

ITAT: Confirms invalidation of assessment order u/s.254 passed without issuing draft order

Sep 02, 2025
  • In Favour of Assessee
  • Citation Number : TS-505-ITAT-2025(HYD)-TP
  • Tax Payer : Zuari Cement Limited
Income tax Appellate Tribunal

ITAT: Quashes final assessment order as passed in name of non-existing company; Follows assessee’s earlier order

Sep 01, 2025
  • In Favour of Assessee
  • Citation Number : TS-504-ITAT-2025(COCH)-TP
  • Tax Payer : IBS Software Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Rules on TP adjustment qua corporate guarantee; Follows earlier orders

Sep 01, 2025
  • In Favour of Assessee
  • Citation Number : TS-501-ITAT-2025(Kol)-TP
  • Tax Payer : Mcleod Russel India Limited
Income tax Appellate Tribunal

ITAT: Holds TP-adjustment qua sale of power by CPP as academic since assessee did not claim deduction u/s 80-IA

Sep 01, 2025
  • In Favour of Assessee
  • Citation Number : TS-500-ITAT-2025(Kol)-TP
  • Tax Payer : Philips Carbon Black Ltd
Income tax Appellate Tribunal

ITAT: Upholds assessee's aggregation approach, deletes TP-adjustment qua management charges

Sep 01, 2025
  • In Favour of Assessee
  • Citation Number : TS-503-ITAT-2025(CHNY)-TP
  • Tax Payer : Haworth India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rejects assessee's submissions qua netting/subsuming w.r.t interest on overdue receivables

Aug 29, 2025
  • In Favour of Assessee
  • Citation Number : TS-497-ITAT-2025(HYD)-TP
  • Tax Payer : ADP Private Limited
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustments qua AMP expenses, royalty payment, etc; Follows earlier order

Aug 29, 2025
  • In Favour of Assessee
  • Citation Number : TS-498-ITAT-2025(Mum)-TP
  • Tax Payer : Mondelez India Foods P Ltd (formerly known as Cadbury India Ltd.)
Income tax Appellate Tribunal

ITAT: Prefers internal over external TNMM for manufacturing segment; Treats miscellaneous expense as operating

Aug 29, 2025
  • In Favour of Assessee
  • Citation Number : TS-496-ITAT-2025(CHNY)-TP
  • Tax Payer : Reynolds Pens India P Ltd
Income tax Appellate Tribunal

ITAT: Dismisses J P Morgan’s appeal as withdrawn being covered by Advance Pricing Agreement

Aug 29, 2025
  • In Favour of Assessee
  • Citation Number : TS-499-ITAT-2025(Mum)-TP
  • Tax Payer : J P Morgan Services India P Ltd