Rulings ( 11623 results )
Income tax Appellate Tribunal
ITAT: Adopts LIBOR+200 bps for benchmarking interest on trade receivable; Adopts credit period of 60 days
May 05, 2026
- In Favour of Both, Partially
- Citation Number : TS-350-ITAT-2026(Bang)-TP
- Tax Payer : Livspace India Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Deletes TP-adjustment qua interest on debentures, interest on loan; Stresses on 'real income' theory
May 05, 2026
- In Favour of Assessee
- Citation Number : TS-346-ITAT-2026(CHNY)-TP
- Tax Payer : Siva Industries and Holdings Limited
Income tax Appellate Tribunal
ITAT: Excludes companies with high turnover; Adopts LIBOR+200 bps as interest on delayed trade receivables
May 05, 2026
- In Favour of Assessee
- Citation Number : TS-352-ITAT-2026(Bang)-TP
- Tax Payer : Pathpartner Technology Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Deletes ad-hoc adjustment qua mark-up on reimbursement made without any prescribed method
May 05, 2026
- In Favour of Assessee
- Citation Number : TS-349-ITAT-2026(Mum)-TP
- Tax Payer : Actavis Pharma Development Centre Private Limited
Income tax Appellate Tribunal
ITAT: Rules on comparables, working capital & risk adjustments for Honda (R&D) India
May 04, 2026
- In Favour of Assessee
- Citation Number : TS-347-ITAT-2026(DEL)-TP
- Tax Payer : Honda R&D India P. Ltd
Income tax Appellate Tribunal
ITAT: Holds DRP-directions, passed after lapse of 10 years pursuant to Tribunal's remand, as time-barred
May 04, 2026
- In Favour of Assessee
- Citation Number : TS-334-ITAT-2026(DEL)-TP
- Tax Payer : Exxon Mobil Lubricants Pvt Ltd
Income tax Appellate Tribunal
ITAT: Deletes adjustment qua management charges, technology & trademark license fee, etc; Follows earlier order
May 04, 2026
- In Favour of Assessee
- Citation Number : TS-333-ITAT-2026(Bang)-TP
- Tax Payer : Bostik India Private Limited
Income tax Appellate Tribunal
ITAT: Holds TPO incorrect in rejecting internal TNMM, deletes adjustment qua export transaction; Follows earlier order
May 04, 2026
- In Favour of Assessee
- Citation Number : TS-345-ITAT-2026(DEL)-TP
- Tax Payer : Molvizadah Sons India Private Limited
Income tax Appellate Tribunal
ITAT: Quashes final assessment order passed alongwith demand and penalty notice; Cites breach of Sec.144C(1)
May 04, 2026
- In Favour of Assessee
- Citation Number : TS-344-ITAT-2026(Bang)-TP
- Tax Payer : Ariba Technologies India Pvt Ltd
High Court
HC: Grants liberty to file fresh petitions qua limitation u/s.144C & 153 considering retro amendment
Apr 30, 2026
- In Favour of Assessee
- Citation Number : TS-343-HC-2026(DEL)-TP
- Tax Payer : WANSHAN MOBILES PVT LTD
Income tax Appellate Tribunal
ITAT: Upholds deletion of adjustment qua 'distress sale', TPO failed to consider Nokia India's 'shut-down'
Apr 30, 2026
- In Favour of Assessee
- Citation Number : TS-342-ITAT-2026(CHNY)-TP
- Tax Payer : BYD India Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Extends stay of demand for period of 180 days for PepsiCo India; Considers adjournment of main appeal
Apr 30, 2026
- In Favour of Assessee
- Citation Number : TS-341-ITAT-2026(DEL)-TP
- Tax Payer : PepsiCo India Holdings Pvt Ltd
Income tax Appellate Tribunal
ITAT: Allows assessee’s MA; Recalls earlier order for adjudicating on comparables under ITeS segment
Apr 30, 2026
- In Favour of Assessee
- Citation Number : TS-340-ITAT-2026(DEL)-TP
- Tax Payer : Agilent Technologies (International) Private Limited
Income tax Appellate Tribunal
ITAT: Dismisses assessee’s appeal as withdrawn in light of Bilateral APA
Apr 30, 2026
- In Favour of None/NA
- Citation Number : TS-339-ITAT-2026(Bang)-TP
- Tax Payer : AMD India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Holds CUP as MAM for benchmarking import transaction, deletes adjustment; Follows Cargill ruling
Apr 30, 2026
- In Favour of Assessee
- Citation Number : TS-338-ITAT-2026(Mum)-TP
- Tax Payer : COFCO International India Private Limited
Income tax Appellate Tribunal
ITAT: Finds no merit in assessee’s MA seeking review under garb of Sec. 254(2) rectification
Apr 29, 2026
- In Favour of Revenue
- Citation Number : TS-337-ITAT-2026(DEL)-TP
- Tax Payer : American Express Banking Corp, (India Branch)
Income tax Appellate Tribunal
ITAT: Directs AO to keep outstanding demand in abeyance till appeal disposal
Apr 29, 2026
- In Favour of Both, Partially
- Citation Number : TS-336-ITAT-2026(Bang)-TP
- Tax Payer : Acer India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Accepts assessee's TNMM over CUP for purchase of potatoes, follows rule of consistency
Apr 29, 2026
- In Favour of Assessee
- Citation Number : TS-335-ITAT-2026(Ahd)-TP
- Tax Payer : Asandas & Sons Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Excludes 9 comparables citing huge turnover; Adopts LIBOR+200 bps as interest on receivables
Apr 29, 2026
- In Favour of Both, Partially
- Citation Number : TS-332-ITAT-2026(Bang)-TP
- Tax Payer : ALE India Private Limited
Income tax Appellate Tribunal
ITAT: Remits TP-adjustment, assessee’s debt-free status does not warrant omission of interest on overdue receivables
Apr 29, 2026
- In Favour of Both, Partially
- Citation Number : TS-331-ITAT-2026(Bang)-TP
- Tax Payer : Subex Assurance LLP