Rulings ( 11937 results )

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Income tax Appellate Tribunal

ITAT: Mere existence of transactions / higher profitability of eligible unit no basis to invoke Sec.80IA(10)

  • In Favour of Assessee
  • Citation Number : TS-384-ITAT-2026(Mum)-TP
  • Tax Payer : Imperial Jewels
Income tax Appellate Tribunal

ITAT: Deletes AMP adjustment made absent any agreement/arrangement in case of Renault India

  • In Favour of Assessee
  • Citation Number : TS-383-ITAT-2026(CHNY)-TP
  • Tax Payer : Renault India P Ltd
Income tax Appellate Tribunal

ITAT: TPO's application of persistent-loss filter based on profit-before-tax inappropriate, includes comparables

  • In Favour of Assessee
  • Citation Number : TS-382-ITAT-2026(Bang)-TP
  • Tax Payer : Toyota Industries Engine India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Upholds CIT(A)’s exclusion of 3 companies citing functional dissimilarity, unavailability of segmental results

  • In Favour of Assessee
  • Citation Number : TS-381-ITAT-2026(CHNY)-TP
  • Tax Payer : Encore IT Services Solutions Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Excludes comparables basis high revenue, intangibles, different FY, etc under software support & ITeS segments

  • In Favour of Assessee
  • Citation Number : TS-379-ITAT-2026(DEL)-TP
  • Tax Payer : AON Consulting Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Excludes comparable citing financial irregularity qua EDS segment, deletes adjustment qua support services

  • In Favour of Assessee
  • Citation Number : TS-378-ITAT-2026(CHNY)-TP
  • Tax Payer : Danfoss Industries Pvt Ltd
Income tax Appellate Tribunal

ITAT: Disapproves TPO’s ‘mechanical’ rejection of comparables, deletes adjustments qua interest on receivables, royalty, IGS

  • In Favour of Both, Partially
  • Citation Number : TS-380-ITAT-2026(Bang)-TP
  • Tax Payer : WIPRO GE Health Care Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Rules on TP-adjustments qua working capital, corporate head charges and interest on trade receivables

  • In Favour of Assessee
  • Citation Number : TS-377-ITAT-2026(CHNY)-TP
  • Tax Payer : C H Robinson Worldwide Freight India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Holds no adjustment on account of notional interest on delayed receivables is warranted

  • In Favour of Assessee
  • Citation Number : TS-376-ITAT-2026(Bang)-TP
  • Tax Payer : Infosys BPM Limited
Income tax Appellate Tribunal

ITAT: Deletes double disallowance u/s.40A(2)(b) r.w.s 37; Restricts corporate guarantee commission to 0.5%

  • In Favour of Assessee
  • Citation Number : TS-369-ITAT-2026(CHNY)-TP
  • Tax Payer : MRF Limited
Income tax Appellate Tribunal

ITAT: Rules on TP-adjustments qua corporate guarantee, software cost allocation, inter-unit power supply

  • In Favour of Assessee
  • Citation Number : TS-375-ITAT-2026(DEL)-TP
  • Tax Payer : SRF Limitted
High Court

HC: Dismisses Revenue’s appeals on issues relating to application of BLT method and royalty payment

  • In Favour of Assessee
  • Citation Number : TS-374-HC-2026(DEL)-TP
  • Tax Payer : Sony India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Directs TPO to allow working capital adjustment for benchmarking ALP

  • In Favour of Assessee
  • Citation Number : TS-373-ITAT-2026(CHNY)-TP
  • Tax Payer : Intersnack Cashew India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Holds final assessment order passed by AO in defiance of DRP’s directions as null and void

  • In Favour of Assessee
  • Citation Number : TS-372-ITAT-2026(CHNY)-TP
  • Tax Payer : HSI Automotive Private Limited
Income tax Appellate Tribunal

ITAT: Dismisses TP ground related to margin computation as it now stands rectified

  • In Favour of None/NA
  • Citation Number : TS-371-ITAT-2026-TP
  • Tax Payer : Capgemini Technology Services India Ltd (formerly known as IGATE Global Solutions Ltd)
Income tax Appellate Tribunal

ITAT: Remits economic adjustments towards working capital and capacity utilization

  • In Favour of Assessee
  • Citation Number : TS-370-ITAT-2026(CHNY)-TP
  • Tax Payer : Valeo India Private Limited
Income tax Appellate Tribunal

ITAT: Allows Sec.80-IA deduction, considers rate of power supply by TNEB to its customers; Follows precedent

  • In Favour of Assessee
  • Citation Number : TS-365-ITAT-2026(CHNY)-TP
  • Tax Payer : Eveready Spinning Mills Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Quashes final assessment order passed without issuing draft order u/s.144C, follows precedents

  • In Favour of Assessee
  • Citation Number : TS-368-ITAT-2026(CHNY)-TP
  • Tax Payer : Transworld Garnet India Pvt. Ltd.
Income tax Appellate Tribunal

ITAT: Remits issue of ALP determination of management fee for fresh examination

  • In Favour of Assessee
  • Citation Number : TS-367-ITAT-2026(CHNY)-TP
  • Tax Payer : Flexible Steel Lacing Company Pvt. Ltd
Income tax Appellate Tribunal

ITAT: DRP-directions uploaded on ITBA portal & sent to AO on same date; Quashes time-barred assessment against Dr. Reddy’s Laboratories

  • In Favour of Assessee
  • Citation Number : TS-366-ITAT-2026(HYD)-TP
  • Tax Payer : Dr. Reddy’s Laboratories Limited