Rulings ( 11145 results )

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Income tax Appellate Tribunal

ITAT: Deletes TP-adjustment w.r.t 'excess profit' earned by entity having no arrangement/transaction with assessee

Nov 25, 2025
  • In Favour of Assessee
  • Citation Number : TS-687-ITAT-2025(CHNY)-TP
  • Tax Payer : Virtusa Consulting Services Private Limited
Income tax Appellate Tribunal

ITAT: Adjudicates TP-adjustments w.r.t IGS, considers need/benefit tests, follows earlier order

Nov 25, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-686-ITAT-2025(Mum)-TP
  • Tax Payer : Lintas India Private Limited
Income tax Appellate Tribunal

ITAT: Dismisses assessee’s appeal as withdrawn in light of VSVS Scheme

Nov 25, 2025
  • In Favour of None/NA
  • Citation Number : TS-682-ITAT-2025(CHNY)-TP
  • Tax Payer : Hanon Automotive Systems India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Directs AO to charge interest on loan at LIBOR, not SBI PLR; Holds outstanding receivables as international-transaction

Nov 25, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-685-ITAT-2025(DEL)-TP
  • Tax Payer : Acme Cleantech Solutions Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Rejects partial disallowance qua management support services, notes pricing fully aligned with OECD framework

Nov 25, 2025
  • In Favour of Assessee
  • Citation Number : TS-684-ITAT-2025(Mum)-TP
  • Tax Payer : EWAC Alloys Limited
Income tax Appellate Tribunal

ITAT: Confirms deletion of Sec.271G-penalty levied on assessee in diamond industry; Follows precedents

Nov 21, 2025
  • In Favour of Assessee
  • Citation Number : TS-678-ITAT-2025(Mum)-TP
  • Tax Payer : Dharmanandan Diamonds (P) Ltd
Income tax Appellate Tribunal

ITAT: Remits TP-adjustment w.r.t IGS payment, rejects NIL-ALP determination

Nov 21, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-680-ITAT-2025(PUN)-TP
  • Tax Payer : Sempertrans India Private Limited
Income tax Appellate Tribunal

ITAT: Confirms CIT(A)’s order upholding assessee’s PSM as MAM, comparables selection

Nov 21, 2025
  • In Favour of Assessee
  • Citation Number : TS-677-ITAT-2025(Ahd)-TP
  • Tax Payer : Indianic Infotech Ltd
Income tax Appellate Tribunal

ITAT: Dismisses assessee’s appeal as withdrawn in light of MAP resolution

Nov 21, 2025
  • In Favour of Assessee
  • Citation Number : TS-679-ITAT-2025(Bang)-TP
  • Tax Payer : XLHealth Corporation India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Quashes time-barred final assessment order; Permits parties to revive appeal post SC-outcome on Shelf Drilling

Nov 21, 2025
  • In Favour of Assessee
  • Citation Number : TS-681-ITAT-2025(HYD)-TP
  • Tax Payer : Aveva Solutions India LLP
Income tax Appellate Tribunal

ITAT: Rejects netting of outstanding debt with outstanding liability; Rules on comparables

Nov 20, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-676-ITAT-2025(Bang)-TP
  • Tax Payer : SAP India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes functionally dissimilar companies in distribution and business support segment

Nov 20, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-675-ITAT-2025(DEL)-TP
  • Tax Payer : Rockwell Automation India Pvt. Ltd.
Income tax Appellate Tribunal

ITAT: Remits issues w.r.t interest on outstanding receivables and recovery of expenses

Nov 20, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-674-ITAT-2025(COCH)-TP
  • Tax Payer : IBS Software Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Remits TP-adjustment qua electricity-sale; Directs AO/TPO to adopt gross SEB rate instead of base rate

Nov 19, 2025
  • In Favour of Assessee
  • Citation Number : TS-672-ITAT-2025(HYD)-TP
  • Tax Payer : My Home Industries Private Limited
Income tax Appellate Tribunal

ITAT: Remits TP-adjustment w.r.t project execution services, directs DRP to consider assessee's additional evidence

Nov 19, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-671-ITAT-2025(HYD)-TP
  • Tax Payer : Deloitte Consulting India Projects LP
High Court

HC: Upholds ITAT’s decision confirming Sec.10AA deduction on assessee’s voluntary TP-adjustment pursuant to APA

Nov 19, 2025
  • In Favour of Assessee
  • Citation Number : TS-673-HC-2025(KAR)-TP
  • Tax Payer : EYGBS India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Third member holds rate of electricity purchased from SEB represents appropriate CUP for Sec.80IA purpose

Nov 19, 2025
  • In Favour of Assessee
  • Citation Number : TS-670-ITAT-2025(Mum)-TP
  • Tax Payer : Aditya Birla Nuvo Limited
Income tax Appellate Tribunal

ITAT: Excludes functionally dissimilar comparables with huge turnover; Applies LIBOR + 200 bps for outstanding receivables

Nov 18, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-668-ITAT-2025(HYD)-TP
  • Tax Payer : Signode India Limited
Income tax Appellate Tribunal

ITAT: Directs TPO/AO to consider TP documentation & segmental details afresh for computing ALP

Nov 18, 2025
  • In Favour of Assessee
  • Citation Number : TS-669-ITAT-2025(COCH)-TP
  • Tax Payer : Applexus Technologies Private Limited
Income tax Appellate Tribunal

ITAT: Excludes 7 comparables for SWD-service provider citing functional dissimilarity, huge turnover etc; Follows precedents

Nov 17, 2025
  • In Favour of Assessee
  • Citation Number : TS-666-ITAT-2025(HYD)-TP
  • Tax Payer : HighRadius Technologies Private Limited