Rulings ( 10937 results )
Income tax Appellate Tribunal
ITAT: Excludes comparables under SWD and contract R&D services segments; Follows earlier order
Aug 29, 2025
- In Favour of Assessee
- Citation Number : TS-495-ITAT-2025(Kol)-TP
- Tax Payer : Philips India Limited
Income tax Appellate Tribunal
ITAT: Holds LIBOR applicable for benchmarking loan transaction; Applies 1% rate as corporate guarantee commission
Aug 28, 2025
- In Favour of Assessee
- Citation Number : TS-491-ITAT-2025(DEL)-TP
- Tax Payer : Kohinoor Food Ltd.
Income tax Appellate Tribunal
ITAT: Adopts LIBOR+2% as interest rate on outstanding receivable; Follows precedents
Aug 28, 2025
- In Favour of Assessee
- Citation Number : TS-492-ITAT-2025(Mum)-TP
- Tax Payer : Rolta India Ltd
Income tax Appellate Tribunal
ITAT: Stays recovery of balance outstanding demand for a period of 180 days
Aug 28, 2025
- In Favour of Assessee
- Citation Number : TS-493-ITAT-2025(DEL)-TP
- Tax Payer : Hatch Associates India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Remits determining assessee’s correct margin for export of machinery and tools
Aug 28, 2025
- In Favour of Assessee
- Citation Number : TS-494-ITAT-2025(Mum)-TP
- Tax Payer : Bajaj Holding & Investment Ltd
Income tax Appellate Tribunal
ITAT: Excludes 4 comparables in SWD segment; Grants working capital adjustment
Aug 28, 2025
- In Favour of Assessee
- Citation Number : TS-489-ITAT-2025(CHNY)-TP
- Tax Payer : Groupon Shared Services Private Limited
Income tax Appellate Tribunal
ITAT: Rules on comparables for subscription/service/SWD segments, grants WCA, follows earlier order
Aug 26, 2025
- In Favour of Both, Partially
- Citation Number : TS-490-ITAT-2025(Mum)-TP
- Tax Payer : Red Hat India Private Limited
Income tax Appellate Tribunal
ITAT: Rules on comparables under marketing support services segment; Remits TP-adjustment qua delayed receivables
Aug 26, 2025
- In Favour of Assessee
- Citation Number : TS-484-ITAT-2025(DEL)-TP
- Tax Payer : Stryker India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Upholds assessment order as being within limitation, remits adjustments w.r.t SWD services & loan
Aug 26, 2025
- In Favour of Both, Partially
- Citation Number : TS-486-ITAT-2025(HYD)-TP
- Tax Payer : Prithvi Information Solutions Ltd.
Income tax Appellate Tribunal
ITAT: TPO/DRP wrongly treated CCDs as including equity component, deletes Sec.36/37 disallowance but remits benchmarking
Aug 26, 2025
- In Favour of Both, Partially
- Citation Number : TS-488-ITAT-2025(Mum)-TP
- Tax Payer : Goldman Sachs (India) Finance Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Holds TPO not right in making adhoc disallowance of 50%; Remits ALP qua ‘other support services’
Aug 25, 2025
- In Favour of Assessee
- Citation Number : TS-485-ITAT-2025(Mum)-TP
- Tax Payer : Rubicon Research Limited (Formerly Known as Rubicon Research Private Limited)
High Court
HC: Upholds exclusion of Infosys BPO & TCS E-Services on ground of huge size and turnover
Aug 25, 2025
- In Favour of Assessee
- Citation Number : TS-481-HC-2025(KAR)-TP
- Tax Payer : Robert Bosch Engineering and Business Solutions Ltd
High Court
HC: Confirms deletion of adjustment qua SDT of transfer of power, restriction of corporate guarantee at 0.5%
Aug 25, 2025
- In Favour of Assessee
- Citation Number : TS-487-HC-2025(CAL)-TP
- Tax Payer : Dhunseri Ventures Limited
Income tax Appellate Tribunal
ITAT: Affirms deletion of TP-adjustment qua short recovery of share capital from AE
Aug 22, 2025
- In Favour of Assessee
- Citation Number : TS-483-ITAT-2025(Mum)-TP
- Tax Payer : ZT Systems India Private Limited
Income tax Appellate Tribunal
ITAT: Directs TPO to follow DRP’s directions w.r.t margin computation; Restricts adjustment to international transaction
Aug 22, 2025
- In Favour of Assessee
- Citation Number : TS-479-ITAT-2025(Bang)-TP
- Tax Payer : Orotex Chemicals India Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Working capital adjustment cannot be denied despite complex, material differences in comparables
Aug 22, 2025
- In Favour of Assessee
- Citation Number : TS-480-ITAT-2025(Bang)-TP
- Tax Payer : TE Connectivity Services India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Excludes comparables having high turnover, failing RPT-filter for SWD segment
Aug 22, 2025
- In Favour of Both, Partially
- Citation Number : TS-482-ITAT-2025(Bang)-TP
- Tax Payer : Motorola Solutions Kodiak Networks India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Rules on adjustment qua electricity-transfer u/s.80-IA, follows Jindal Steel SC ruling
Aug 21, 2025
- In Favour of Assessee
- Citation Number : TS-478-ITAT-2025(CHNY)-TP
- Tax Payer : PRABHU SPINING MILLS PRIVATE LIMITED
Income tax Appellate Tribunal
ITAT: Modifies CIT(A)’s order directing 0.5% as corporate guarantee value
Aug 21, 2025
- In Favour of Revenue
- Citation Number : TS-476-ITAT-2025(CHNY)-TP
- Tax Payer : Ashok Leyland Limited
Income tax Appellate Tribunal
ITAT: Upholds deletion of adjustments qua inter-unit transfer of goods, management support services
Aug 21, 2025
- In Favour of Assessee
- Citation Number : TS-477-ITAT-2025(CHNY)-TP
- Tax Payer : TVS Motor Company Ltd