Rulings ( 11908 results )
Income tax Appellate Tribunal
ITAT: Directs addition recomputation @ 0.5% on corporate financial guarantee; Follows Everest Kanto Cylinder
- In Favour of Assessee
- Citation Number : TS-308-ITAT-2025(Mum)-TP
- Tax Payer : United Phosphorous Ltd
Income tax Appellate Tribunal
ITAT: Allows assessee’s miscellaneous application for making changes in its earlier order
- In Favour of Assessee
- Citation Number : TS-307-ITAT-2025(DEL)-TP
- Tax Payer : DLF Midtown P Ltd
Income tax Appellate Tribunal
ITAT: Remits adjustment qua line-production services, TP-applicability not dependent on accounting method
- In Favour of Both, Partially
- Citation Number : TS-306-ITAT-2025(Mum)-TP
- Tax Payer : Friday Storytellers LLP
Income tax Appellate Tribunal
ITAT: Rules on adjustments qua software cost allocation, expense reimbursement, transfer of electricity, etc
- In Favour of Both, Partially
- Citation Number : TS-304-ITAT-2025(DEL)-TP
- Tax Payer : SRF Limited
High Court
HC: Sets aside TPO’s order and draft assessment passed without considering assessee’s reply
- In Favour of Assessee
- Citation Number : TS-305-HC-2025(DEL)-TP
- Tax Payer : LOCONAV INDIA PVT LTD
Income tax Appellate Tribunal
ITAT: Deletes TP-adjustment qua management service payment; Applies rule of consistency
- In Favour of Assessee
- Citation Number : TS-302-ITAT-2025(CHNY)-TP
- Tax Payer : AVO Carbon India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Deletes TP adjustment qua outstanding trade receivables for debt free assessee-company
- In Favour of Both, Partially
- Citation Number : TS-303-ITAT-2025(CHNY)-TP
- Tax Payer : Stanadyne India Private Limited
Income tax Appellate Tribunal
ITAT: Grants stay of demand for 180 days; Considers two assessment orders being passed for same AY
- In Favour of Assessee
- Citation Number : TS-301-ITAT-2025(DEL)-TP
- Tax Payer : OutSystems Singapore Pte. Ltd
Income tax Appellate Tribunal
ITAT: Applies 0.5% as commission fee for Stand-by Letter of Credit
- In Favour of Assessee
- Citation Number : TS-300-ITAT-2025(DEL)-TP
- Tax Payer : Lava International Limited
Income tax Appellate Tribunal
ITAT: Excludes prior period expenditure for PLI computation; Excludes comparables citing high turnover
- In Favour of Assessee
- Citation Number : TS-297-ITAT-2025(CHNY)-TP
- Tax Payer : Information Evolution India Pvt. Ltd
High Court
HC: Disposes of assessee’s writ considering modified returns in APA
- In Favour of Assessee
- Citation Number : TS-299-HC-2025(DEL)-TP
- Tax Payer : Corteva Agriscience Services India Private Limited
Income tax Appellate Tribunal
ITAT: Rules on comparables selection in ITeS; Treats forex gain/loss as operating income
- In Favour of Both, Partially
- Citation Number : TS-296-ITAT-2025(PUN)-TP
- Tax Payer : Vodafone Global Services Private Limited
Income tax Appellate Tribunal
ITAT: Deletes TP adjustment made w.r.t processing fees received on guarantee; Follows earlier orders
- In Favour of Assessee
- Citation Number : TS-295-ITAT-2025(Mum)-TP
- Tax Payer : Australia and New Zealand Banking Group Ltd
Income tax Appellate Tribunal
ITAT: Rules functional attribute as primary factor while undertaking comparability analysis under RPM
- In Favour of Assessee
- Citation Number : TS-298-ITAT-2025(Mum)-TP
- Tax Payer : Troy Chemicals India Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Accepts PLR over LIBOR for benchmarking FCCDs; Follows SB ruling
- In Favour of Assessee
- Citation Number : TS-293-ITAT-2025(HYD)-TP
- Tax Payer : Hyderabad Infratech Pvt Ltd
Income tax Appellate Tribunal
ITAT: Upholds CIT(A)’s orders deleting penalty u/s 271G and 271AA
- In Favour of Assessee
- Citation Number : TS-294-ITAT-2025(PUN)-TP
- Tax Payer : ELICA PB Whirlpool Kitchen Appliances Private Limited
Income tax Appellate Tribunal
ITAT: Rules on AMP-adjustment, interest on loan/receivables, comparables selection etc for confectionery manufacturer
- In Favour of Both, Partially
- Citation Number : TS-290-ITAT-2025(DEL)-TP
- Tax Payer : Wrigley India Private Limited
Income tax Appellate Tribunal
ITAT: Admits additional ground, quashes final assessment order barred by limitation u/s.144C(13)
- In Favour of Assessee
- Citation Number : TS-292-ITAT-2025(DEL)-TP
- Tax Payer : L S Cable India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Rules suo-moto invocation of Rule-10TA by TPO invalid as not exercised by assessee
- In Favour of Assessee
- Citation Number : TS-291-ITAT-2025(PUN)-TP
- Tax Payer : Volkswagen Group Technology Solutions India Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Excludes 10 comparables having different fundamental nature of business and products
- In Favour of Assessee
- Citation Number : TS-287-ITAT-2025(DEL)-TP
- Tax Payer : Louis Vuitton India Retail P Ltd