Rulings ( 11892 results )

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Income tax Appellate Tribunal

ITAT: Deletes adjustment w.r.t interest on NCDS, holds TPO cannot 'overturn' findings for earlier year

  • In Favour of Assessee
  • Citation Number : TS-619-ITAT-2026(Mum)-TP
  • Tax Payer : THE BRITISH INSTITUTE OF ENGINEERING AND TECHNOLOGY (INDIA) PVT LTD
Income tax Appellate Tribunal

ITAT: Upholds berry ratio, segregation approach for benchmarking equipment-import & support services for Samsung-India

  • In Favour of Assessee
  • Citation Number : TS-620-ITAT-2026(DEL)-TP
  • Tax Payer : SAMSUNG INDIA ELECTRONICS LTD
Income tax Appellate Tribunal

ITAT: Deletes TP adjustment qua royalty payment basis adjusted GP within +/-3 range in case of ELCA Cosmetics

  • In Favour of Both, Partially
  • Citation Number : TS-618-ITAT-2026(DEL)-TP
  • Tax Payer : ELCA Cosmetics Pvt. Ltd
High Court

HC: Final assessment passed contrary to DRP directions violates Sec. 144C(10) & (13); Directs AO to pass fresh order

  • In Favour of Assessee
  • Citation Number : TS-617-HC-2026(P & H)-TP
  • Tax Payer : UCWEB Mobile Pvt.Ltd
Income tax Appellate Tribunal

ITAT: MAP resolution non-binding due to expanded DAPE activities; Enhances profit attribution to BBC Global’s Indian PE

  • In Favour of Revenue
  • Citation Number : TS-616-ITAT-2026(DEL)-TP
  • Tax Payer : BBC GLOBAL NEWS LIMITED
Income tax Appellate Tribunal

ITAT: Directs TPO to take segmental data as per DRP’s directions or exclude comparables if data unavailable for benchmarking

  • In Favour of Assessee
  • Citation Number : TS-615-ITAT-2026(DEL)-TP
  • Tax Payer : Dimagi Software Innovations Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Holds final assessment order barred by limitation as null and void

  • In Favour of Assessee
  • Citation Number : TS-614-ITAT-2026(DEL)-TP
  • Tax Payer : Musashi Auto Parts India Private Limited
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustment w.r.t interest on CCDs, holds benchmarking required basis SBI-PLR; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-613-ITAT-2026(HYD)-TP
  • Tax Payer : Neovantage Innovation Park Private Limited
Income tax Appellate Tribunal

ITAT: Dismisses assessee's plea against TP-adjustment on outstanding receivables, notes abnormal credit period

  • In Favour of Revenue
  • Citation Number : TS-610-ITAT-2026(HYD)-TP
  • Tax Payer : Quislex Legal Services P Ltd
Income tax Appellate Tribunal

ITAT: Grants stay for 180 days or till disposal of appeal subject to payment of 20% of outstanding demand

  • In Favour of Assessee
  • Citation Number : TS-612-ITAT-2026(Bang)-TP
  • Tax Payer : PURFLUX ENGINE SYSTEMS INDIA PVT. LTD.(FORMERLY KNOW AS SOGEFI ENGINE SYSTEMS INDIA PVT. LTD)
Income tax Appellate Tribunal

ITAT: Restores TP-adjustment w.r.t interest on loan to verify whether transaction is domestic or international

  • In Favour of Assessee
  • Citation Number : TS-609-ITAT-2026(HYD)-TP
  • Tax Payer : Huoban Energy Private Limited
Income tax Appellate Tribunal

ITAT: Directs AO to keep recovery of demand in abeyance till 180 days or appeal disposal or acceptance of APA by assessee

  • In Favour of Assessee
  • Citation Number : TS-611-ITAT-2026(Bang)-TP
  • Tax Payer : Volvo CE India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Dismisses appeal as withdrawn in light of APA resolution

  • In Favour of None/NA
  • Citation Number : TS-603-ITAT-2026(HYD)-TP
  • Tax Payer : ENTAIN SOFTWARE DEVELOPMENT SERVICES (INDIA) PRIVATE LIMITED
Income tax Appellate Tribunal

ITAT: Treats amortisation of goodwill arising out of acquisition of business as non-operating in nature

  • In Favour of Assessee
  • Citation Number : TS-602-ITAT-2026(DEL)-TP
  • Tax Payer : Janes Defense India LLP
Income tax Appellate Tribunal

ITAT: Upholds 0.5% as ALP for corporate guarantee; Allows 80IA deduction

  • In Favour of Assessee
  • Citation Number : TS-608-ITAT-2026(Mum)-TP
  • Tax Payer : Aditya Birla Nuvo Limited
Income tax Appellate Tribunal

ITAT: Directs AO/TPO to pass assessment order as per terms and conditions of UAPA

  • In Favour of Assessee
  • Citation Number : TS-604-ITAT-2026(Bang)-TP
  • Tax Payer : Nasdaq Corporate Solutions (India) Private Limited
Income tax Appellate Tribunal

ITAT: Upholds adjustment qua interest on receivables; Directs verification of debt-free status, applies LIBOR+200bps

  • In Favour of Both, Partially
  • Citation Number : TS-598-ITAT-2026(HYD)-TP
  • Tax Payer : KORE.AI SOFTWARE INDIA PRIVATE LIMITED
Income tax Appellate Tribunal

ITAT: Holds AMP expenses not international transaction; Accepts foreign AE as tested party

  • In Favour of Assessee
  • Citation Number : TS-595-ITAT-2026(DEL)-TP
  • Tax Payer : Unicharm India Private Limited
Income tax Appellate Tribunal

ITAT: Restricts adjustment w.r.t guarantee commission received from HO to differential rate of 0.46%

  • In Favour of Both, Partially
  • Citation Number : TS-596-ITAT-2026(Mum)-TP
  • Tax Payer : DBS BANK LTD
Income tax Appellate Tribunal

ITAT: Directs AO to grant working capital adjustment; Clarifies no further adjustment qua overdue receivables required

  • In Favour of Both, Partially
  • Citation Number : TS-594-ITAT-2026(Bang)-TP
  • Tax Payer : LUMEN IT INDIA PRIVATE LIMITED