Rulings ( 11908 results )
Income tax Appellate Tribunal
ITAT: Directs benchmarking of interest on receivables based on currency in which invoices are prepared
- In Favour of Assessee
- Citation Number : TS-526-ITAT-2025(Bang)-TP
- Tax Payer : Lowe’s Services India Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Rules on comparables for ITeS-provider considering turnover, brand-value, TPO's search matrix, merger
- In Favour of Revenue
- Citation Number : TS-518-ITAT-2025(Bang)-TP
- Tax Payer : Hydro BS India Private Limited
Income tax Appellate Tribunal
ITAT: Holds PCIT lacks authority to assume jurisdiction u/.s 263 to revise final assessment order
- In Favour of Both, Partially
- Citation Number : TS-524-ITAT-2025(Mum)-TP
- Tax Payer : Accenture Solutions Private Limited
High Court
HC: Bank-guarantee commission not comparable w.r.t corporate guarantee, refers to Everest Kento ruling; Remits issue
- In Favour of Both, Partially
- Citation Number : TS-520-HC-2025(KER)-TP
- Tax Payer : Synthite Industries (P) Ltd
Income tax Appellate Tribunal
ITAT: Remits TP-adjustments w.r.t provision of ITeS, interest on outstanding receivables
- In Favour of Both, Partially
- Citation Number : TS-522-ITAT-2025(DEL)-TP
- Tax Payer : Future First Info Services Pvt Ltd
High Court
HC: Affirms ITAT's quashing of final assessment-order passed sans draft-order in remand proceedings
- In Favour of Assessee
- Citation Number : TS-512-HC-2025(KAR)-TP
- Tax Payer : Alpha Elsec Defence & Aerospace Systems Pvt Ltd
High Court
HC: Comparables failing revenue filter not to be selected for TP study, dismisses appeal
- In Favour of Assessee
- Citation Number : TS-523-HC-2025(KAR)-TP
- Tax Payer : Robert Bosch Engineering and Business Solutions Ltd
Income tax Appellate Tribunal
ITAT: Factors in 'economic reality', adopts 'LIBOR plus spread' benchmark for loan to WoS
- In Favour of Both, Partially
- Citation Number : TS-521-ITAT-2025(Mum)-TP
- Tax Payer : Rosy Blue (India) Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Holds SDT-provisions, Sec.115BAB inapplicable as assessee has not commenced business
- In Favour of Assessee
- Citation Number : TS-519-ITAT-2025(DEL)-TP
- Tax Payer : Avaada Mhkhamgaon Private Ltd
Income tax Appellate Tribunal
ITAT: Confirms CIT(A)’s order upholding addition made qua SDT absent any representation on assessee’s behalf
- In Favour of Revenue
- Citation Number : TS-514-ITAT-2025(Ahd)-TP
- Tax Payer : Dhara Developers
Income tax Appellate Tribunal
ITAT: Upholds assessee's Other Method for benchmarking interest on loan to AE at NIL
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- 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
- In Favour of Both, Partially
- Citation Number : TS-502-ITAT-2025(DEL)-TP
- Tax Payer : Takata India Private Limited