Rulings ( 11937 results )

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Income tax Appellate Tribunal

ITAT: Considers 15% interest rate on CCDs at arm’s length, deletes adjustment

  • In Favour of Assessee
  • Citation Number : TS-763-ITAT-2026(Mum)-TP
  • Tax Payer : Bellissimo Healthy Construction And Developers Private Limited
Income tax Appellate Tribunal

ITAT: Holds Sec.271BA-penalty levied for non-furnishing TP-report in Form No.3CEB cannot be sustained given omission of Sec 92BA(i)

  • In Favour of Assessee
  • Citation Number : TS-757-ITAT-2026(CHANDI)-TP
  • Tax Payer : Scott Edil Advance Research Laboratories and Education Ltd
Income tax Appellate Tribunal

ITAT: Quashes final assessment order passed beyond limitation period as per Sec.144C(13)

  • In Favour of Assessee
  • Citation Number : TS-762-ITAT-2026(Bang)-TP
  • Tax Payer : Grasko Solutions Private Limited
Income tax Appellate Tribunal

ITAT: Rejects recharacterization of CCD as equity, deletes adjustment of Rs.185.13 crores; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-765-ITAT-2026(Mum)-TP
  • Tax Payer : AIROLI ITP DEVELOPMENT PRIVATE LIMITED
Income tax Appellate Tribunal

ITAT: Remits ALP-determination qua sourcing-support services & IT/ITeS, notes TPO incorrectly rejected assessee's TPSR

  • In Favour of Assessee
  • Citation Number : TS-759-ITAT-2026(Bang)-TP
  • Tax Payer : Ralph Lauren Sourcing India Llp
Income tax Appellate Tribunal

ITAT: Rejects Berry Ratio as PLI for jewellery manufacturer; Deletes adjustment qua interest on receivables

  • In Favour of Assessee
  • Citation Number : TS-758-ITAT-2026(JPR)-TP
  • Tax Payer : Vaibhav Global Limited
Income tax Appellate Tribunal

ITAT: Rules on TP adjustment qua AMP expenditure and interest on delayed receivables

  • In Favour of Both, Partially
  • Citation Number : TS-756-ITAT-2026(Bang)-TP
  • Tax Payer : Alcon Laboratories (India) Private Limited
Income tax Appellate Tribunal

ITAT: Dismisses Revenue’s appeal for want of territorial jurisdiction; Follows earlier order

  • In Favour of None/NA
  • Citation Number : TS-755-ITAT-2026(Mum)-TP
  • Tax Payer : JYOTHY CONSUMER PRODUCTS MARKETING LTD
Income tax Appellate Tribunal

ITAT: Internal administrative movement of Tribunal's remand-order cannot enlarge statutory limitation period for assessment

  • In Favour of Assessee
  • Citation Number : TS-761-ITAT-2026(HYD)-TP
  • Tax Payer : Interwrap Corp Pvt Ltd (Successor of Owens Corning Industries Private Limited Previously known as OVC Reinforcement Mfg Ltd)
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustment w.r.t reimbursement of operational expenses for assessee in shipping business

  • In Favour of Assessee
  • Citation Number : TS-754-ITAT-2026(Mum)-TP
  • Tax Payer : Sarjak Container Lines Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Directs AO to delete adjustment qua interest on receivables if Satyam Venture Engineering Services is found to be debt-free

  • In Favour of Both, Partially
  • Citation Number : TS-751-ITAT-2026(HYD)-TP
  • Tax Payer : Satyam Venture Engineering Services Private Limited
Income tax Appellate Tribunal

ITAT: Sets aside issue of adjustment qua interest on outstanding trade receivables back to AO; Directs to verify if assessee is debt-free

  • In Favour of Both, Partially
  • Citation Number : TS-753-ITAT-2026(HYD)-TP
  • Tax Payer : Progress Software Development Private Ltd
Income tax Appellate Tribunal

ITAT: Excludes comparables failing functionality test in second round of proceedings

  • In Favour of Assessee
  • Citation Number : TS-752-ITAT-2026(Bang)-TP
  • Tax Payer : Brocade Communication Systems Pvt Ltd
Income tax Appellate Tribunal

ITAT: Upholds deletion of TP-addition w.r.t royalty payment; Follows earlier orders, rule of consistency

  • In Favour of Assessee
  • Citation Number : TS-750-ITAT-2026(VIZ)-TP
  • Tax Payer : SNF (India) Private Limited
Income tax Appellate Tribunal

ITAT: Rules on comparables’ selection, TP adjustment qua working capital and interest on outstanding receivables

  • In Favour of Assessee
  • Citation Number : TS-749-ITAT-2026(HYD)-TP
  • Tax Payer : Aveva Solutions India LLP
Income tax Appellate Tribunal

ITAT: Quashes assessment order passed without giving effect to DRP’s directions

  • In Favour of Assessee
  • Citation Number : TS-747-ITAT-2026(Bang)-TP
  • Tax Payer : Cardinal Health International India Private Limited
Income tax Appellate Tribunal

ITAT: Deletes TP adjustments qua interest on CCDs and outstanding receivables

  • In Favour of Assessee
  • Citation Number : TS-746-ITAT-2026(Mum)-TP
  • Tax Payer : Hilti Manufacturing India Pvt Ltd
High Court

HC: Dismisses Revenue’s appeals as not maintainable citing low effect tax

  • In Favour of None/NA
  • Citation Number : TS-743-HC-2026(KAR)-TP
  • Tax Payer : Emulex Communications Pvt Ltd
Income tax Appellate Tribunal

ITAT: Upholds CIT(A)’s deletion of TP adjustment qua specified domestic transactions

  • In Favour of Assessee
  • Citation Number : TS-748-ITAT-2026(Rjt)-TP
  • Tax Payer : Hanuman Industries
High Court

HC: Dismisses Revenue’s appeal against ITAT-order w.r.t turnover filter, comparable selection, etc.

  • In Favour of Assessee
  • Citation Number : TS-739-HC-2026(KAR)-TP
  • Tax Payer : Torry Harris Business Solutions Pvt Ltd