Rulings ( 10734 results )
Income tax Appellate Tribunal
ITAT: Rules on TP-adjustments qua income from employee deputation, royalty / FTS payment
May 07, 2025
- In Favour of Assessee
- Citation Number : TS-216-ITAT-2025(CHNY)-TP
- Tax Payer : International Seaport Dredging Ltd
Income tax Appellate Tribunal
ITAT: Excludes companies basis not comparable to a captive service provider; Deletes back-office support services adjustment
May 06, 2025
- In Favour of Assessee
- Citation Number : TS-211-ITAT-2025(Mum)-TP
- Tax Payer : ICICI Bank Ltd
Income tax Appellate Tribunal
ITAT: Remits penalty issue directing reasonable opportunity of being heard for assessee
May 06, 2025
- In Favour of Assessee
- Citation Number : TS-212-ITAT-2025(DEL)-TP
- Tax Payer : LG Electronics India Pvt. Ltd.
High Court
HC: AMP expenses cannot be considered separate international transaction; Dismisses Revenue’s appeal
May 06, 2025
- In Favour of Assessee
- Citation Number : TS-210-HC-2025(DEL)-TP
- Tax Payer : Wrigley India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Observes reopening based on fresh information, but allows RIL's loss on preference shares' redemption
May 06, 2025
- In Favour of Both, Partially
- Citation Number : TS-213-ITAT-2025(Mum)-TP
- Tax Payer : Reliance Industries Ltd
Income tax Appellate Tribunal
ITAT: Confirms CIT(A)’s deletion of TP-adjustment qua interest on outstanding receivables
May 05, 2025
- In Favour of Assessee
- Citation Number : TS-208-ITAT-2025(DEL)-TP
- Tax Payer : Coforge Limited
Income tax Appellate Tribunal
ITAT: Upholds TP-adjustment, finds no infirmity in AO's order
May 05, 2025
- In Favour of Both, Partially
- Citation Number : TS-209-ITAT-2025(DEL)-TP
- Tax Payer : PCL Foods Private Limited
Income tax Appellate Tribunal
ITAT: Remits TP-adjustment qua interest on outstanding inter-company receivables
May 05, 2025
- In Favour of Both, Partially
- Citation Number : TS-207-ITAT-2025(DEL)-TP
- Tax Payer : Atotech India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Quashes assessment passed on non-existent entity, ignoring merger information as unsustainable
May 02, 2025
- In Favour of Assessee
- Citation Number : TS-206-ITAT-2025(DEL)-TP
- Tax Payer : Bharti Airtel Limited, (Successor to Telenor India Communications Pvt. Ltd.)
Income tax Appellate Tribunal
ITAT: Remits TP-adjustment of interest imputed on outstanding receivables
May 02, 2025
- In Favour of Assessee
- Citation Number : TS-205-ITAT-2025(CHNY)-TP
- Tax Payer : Securekloud Technologies Limited
Income tax Appellate Tribunal
ITAT: Upholds rejection of TPO's CPM for export of traded spares following earlier order
May 02, 2025
- In Favour of Assessee
- Citation Number : TS-204-ITAT-2025(PUN)-TP
- Tax Payer : Alfa Laval India Private Limited
Income tax Appellate Tribunal
ITAT: Partly allows assessee’s plea on selection of comparables in ITeS segment; Follows precedent
Apr 30, 2025
- In Favour of Both, Partially
- Citation Number : TS-202-ITAT-2025(HYD)-TP
- Tax Payer : ADP Private Limited
Income tax Appellate Tribunal
ITAT: Deletes disallowance of IGS-payment; AO didn't follow DRP's direction for franchise-fee payment
Apr 30, 2025
- In Favour of Assessee
- Citation Number : TS-203-ITAT-2025(Mum)-TP
- Tax Payer : Royal Canin India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Excludes company providing ITeS making it functionally-dissimilar to SWD service provider
Apr 29, 2025
- In Favour of Assessee
- Citation Number : TS-199-ITAT-2025(DEL)-TP
- Tax Payer : ION Trading India Private Ltd
Income tax Appellate Tribunal
ITAT: TPO failed to examine assessee’s debt-free status, impact on receivables; Remits adjustment
Apr 29, 2025
- In Favour of Assessee
- Citation Number : TS-200-ITAT-2025(DEL)-TP
- Tax Payer : Fluor Daniel India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Mere contractual arrangement, absent significant supporting evidence, insufficient to establish rendering of services
Apr 29, 2025
- In Favour of Revenue
- Citation Number : TS-201-ITAT-2025(HYD)-TP
- Tax Payer : Hammond Power Solutions Private Limited
Income tax Appellate Tribunal
ITAT: Remits TP-adjustment qua purchase transaction, rejects NIL ALP for engineering support services
Apr 28, 2025
- In Favour of Assessee
- Citation Number : TS-198-ITAT-2025(DEL)-TP
- Tax Payer : Knauf India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Directs grant of working capital adjustment; Rules on allowing enhanced claim u/s.80IA
Apr 28, 2025
- In Favour of Assessee
- Citation Number : TS-197-ITAT-2025(DEL)-TP
- Tax Payer : Cosmo First Limited
Income tax Appellate Tribunal
ITAT: Confirms CIT(A)’s deletion of TP-adjustment qua AMP expenditure, IT support services
Apr 28, 2025
- In Favour of Assessee
- Citation Number : TS-195-ITAT-2025-TP
- Tax Payer : Kellogg India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Commission paid to distributors not AMP-expenses, deletes TP-adjustment in case of Amway India
Apr 28, 2025
- In Favour of Assessee
- Citation Number : TS-196-ITAT-2025(DEL)-TP
- Tax Payer : Amway India Enterprises Pvt Ltd