Rulings ( 11908 results )

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Income tax Appellate Tribunal

ITAT: Confirms CIT(A)’s deletion of addition qua HR Recruitment, Telephone and Communication services

  • In Favour of Revenue
  • Citation Number : TS-593-ITAT-2024(DEL)-TP
  • Tax Payer : Lummus Technology Heat Transfer B V
High Court

HC: Directs Interim Board to re-examine application filed by assessee on merits

  • In Favour of Assessee
  • Citation Number : TS-758-HC-2023(DEL)-TP
  • Tax Payer : Unitech Wireless (Tamil Nadu) Private Limited
Income tax Appellate Tribunal

ITAT: Confirms CIT(A)’s restriction of corporate guarantee fee at 0.2%

  • In Favour of Both, Partially
  • Citation Number : TS-150-ITAT-2025(NAG)-TP
  • Tax Payer : Avantha Holdings Ltd
High Court

HC: Disposes Revenue challenge against ITAT's recall of order qua guarantee-fee adjustment

  • In Favour of Assessee
  • Citation Number : TS-149-HC-2025(GUJ)-TP
  • Tax Payer : Bosch Rexroth (India) Ltd
Income tax Appellate Tribunal

ITAT: Holds AO incorrect in determining loss based on non-existing Sec.143(1) intimation

  • In Favour of Both, Partially
  • Citation Number : TS-146-ITAT-2025(Ahd)-TP
  • Tax Payer : Lesso Buildtech Private Limited
Income tax Appellate Tribunal

ITAT: Upholds segmentation of trading/manufacturing activities, remits capacity utilization/customs duty adjustments

  • In Favour of Assessee
  • Citation Number : TS-147-ITAT-2025(DEL)-TP
  • Tax Payer : Rajasthan Prime Steel Processing Center Pvt Ltd
Income tax Appellate Tribunal

ITAT: Dismisses assessee's appeal challenging TP-additions made for IT enabled and IT services

  • In Favour of Revenue
  • Citation Number : TS-148-ITAT-2025(DEL)-TP
  • Tax Payer : Vertex Customer Management Ltd
High Court

HC: Disposes Revenue’s appeal against ITAT-order excluding Infosys BPO, Microland Ltd etc

  • In Favour of Both, Partially
  • Citation Number : TS-591-HC-2024(KAR)-TP
  • Tax Payer : Nuance Transcription Services India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Deletes adjustments qua IGS, purchase of fixed assets, royalty payment; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-142-ITAT-2025(DEL)-TP
  • Tax Payer : Denso Haryana P. Ltd
Income tax Appellate Tribunal

ITAT: Crompton Greaves underwent amalgamation with a subsidiary, upholds exclusion

  • In Favour of Assessee
  • Citation Number : TS-141-ITAT-2025(DEL)-TP
  • Tax Payer : Delta Power Solution India P Ltd
Income tax Appellate Tribunal

ITAT: Remits TP-adjustment qua allocation fee, adopts LIBOR+200 points for interest on receivables

  • In Favour of Both, Partially
  • Citation Number : TS-143-ITAT-2025(HYD)-TP
  • Tax Payer : Kantar GDC India Private Limited
Income tax Appellate Tribunal

ITAT: Upholds rejection of assessee’s internal TNMM / TP-analysis; Includes/excludes comparables citing turnover, functional similarity

  • In Favour of Both, Partially
  • Citation Number : TS-144-ITAT-2025(HYD)-TP
  • Tax Payer : Purpletalk India Private Limited
Income tax Appellate Tribunal

ITAT: Directs TPO to redetermineTP-adjustment qua royalty payment as per Rule 10CA(7)

  • In Favour of Both, Partially
  • Citation Number : TS-145-ITAT-2025(DEL)-TP
  • Tax Payer : AT&T Global Business Services India P. Ltd.
Income tax Appellate Tribunal

ITAT: Holds CIT(A), NFAC wrongly assumed jurisdiction in deciding assessee's appeal against TP-adjustment; Remits issue

  • In Favour of Both, Partially
  • Citation Number : TS-140-ITAT-2025(Mum)-TP
  • Tax Payer : IIFL Finance Ltd
Income tax Appellate Tribunal

ITAT: TPO cannot determine Nil ALP basis assessee’s failure to prove receipt, remits matter

  • In Favour of Both, Partially
  • Citation Number : TS-139-ITAT-2025(DEL)-TP
  • Tax Payer : American Express Banking Corp, (India Branch)
Income tax Appellate Tribunal

ITAT: Treats forex fluctuation loss/gain, reversal of leave encashment and gratuity as operating

  • In Favour of Assessee
  • Citation Number : TS-138-ITAT-2025(Mum)-TP
  • Tax Payer : KGK Creations Private Limited
Income tax Appellate Tribunal

ITAT: Excludes comparables citing functional-dissimilarity, extraordinary event of amalgamation etc

  • In Favour of Both, Partially
  • Citation Number : TS-137-ITAT-2025(PUN)-TP
  • Tax Payer : Gallagher Services Center LLP
Income tax Appellate Tribunal

ITAT: Remits margin computation; Excludes 2 comparables citing functional dissimilarity, failure of RPT filter etc

  • In Favour of Both, Partially
  • Citation Number : TS-136-ITAT-2025(DEL)-TP
  • Tax Payer : Agilent Technologies (International) P. Ltd
Income tax Appellate Tribunal

ITAT: Confirms deletion of TP-adjustments qua corporate guarantee and SDT between eligible / non-eligible units

  • In Favour of Assessee
  • Citation Number : TS-135-ITAT-2025(Kol)-TP
  • Tax Payer : Emami Limited
Income tax Appellate Tribunal

ITAT: Payment terms dependent on mutual agreement, industry practice; Remits interest on receivables

  • In Favour of Both, Partially
  • Citation Number : TS-134-ITAT-2025(DEL)-TP
  • Tax Payer : Stryker Global Technology Center Private Limited