Rulings ( 11937 results )

Filters
Income tax Appellate Tribunal

ITAT: Considers peculiar facts, fixes 10% mark-up instead of Safe Harbour margin qua technical services for SBI

  • In Favour of Assessee
  • Citation Number : TS-726-ITAT-2026(Mum)-TP
  • Tax Payer : STATE BANK OF INDIA
Income tax Appellate Tribunal

ITAT: Excludes comparables on account having high turnover, inconsistencies in the financial statements, etc

  • In Favour of Assessee
  • Citation Number : TS-725-ITAT-2026(Bang)-TP
  • Tax Payer : QUOTIENT TECHNOLOGY INDIA PRIVATE LIMITED
Income tax Appellate Tribunal

ITAT: Excludes comparables failing employee cost filter, having unaudited financial statements, etc

  • In Favour of Assessee
  • Citation Number : TS-724-ITAT-2026(DEL)-TP
  • Tax Payer : Sepco1 Engineering (India) Private Limited
Income tax Appellate Tribunal

ITAT: No fresh TPO-reference needed where Tribunal restores issue to AO, quashes time-barred assessment

  • In Favour of Both, Partially
  • Citation Number : TS-723-ITAT-2026(Bang)-TP
  • Tax Payer : Biesse Manufacturing Co Pvt Ltd
Income tax Appellate Tribunal

ITAT: Remits TP adjustment issue to be decided in line with lower authorities' order passed for subsequent AY

  • In Favour of Both, Partially
  • Citation Number : TS-712-ITAT-2026(DEL)-TP
  • Tax Payer : Honda R & D (India) Private Limited
Income tax Appellate Tribunal

ITAT: Rejects 50% turnover filter to exclude lower-turnover companies as comparables

  • In Favour of Assessee
  • Citation Number : TS-719-ITAT-2026(DEL)-TP
  • Tax Payer : GE India Industrial Pvt. Ltd.
Income tax Appellate Tribunal

ITAT: Deletes adhoc adjustment made qua fees received for technical assistance/royalty; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-718-ITAT-2026(Mum)-TP
  • Tax Payer : Siemens Aktiengesellschaft
Income tax Appellate Tribunal

ITAT: Admits additional ground; Quashes assessment framed against Genpact Infrastructure, name of non-existent entity

  • In Favour of Assessee
  • Citation Number : TS-717-ITAT-2026(DEL)-TP
  • Tax Payer : Genpact Infrastructure (Hyderabad) Private Limited [Now merged with Genpact India]
Income tax Appellate Tribunal

ITAT: Excludes comparables failing high turnover filter; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-711-ITAT-2026(Bang)-TP
  • Tax Payer : Hotel Hub LLP
Income tax Appellate Tribunal

ITAT: SBI PLR/Base Rate-linked rates relevant for ALP determination, rejects characterization of CCD as equity

  • In Favour of Both, Partially
  • Citation Number : TS-713-ITAT-2026(Mum)-TP
  • Tax Payer : KAIROS PROPERTIES PVT. LTD
Income tax Appellate Tribunal

ITAT: Deletes adjustment qua interest on NCDs, rejects TPO’s adhoc 'minimum ten-year tenure' filter

  • In Favour of Both, Partially
  • Citation Number : TS-714-ITAT-2026(Mum)-TP
  • Tax Payer : LOMA CO-DEVELOPERS 1 PVT. LTD
Income tax Appellate Tribunal

ITAT: Recharacterizing CCDs as equity requires following specific procedure u/s.144BA / Chapter X-A; Deletes TP-adjustment

  • In Favour of Both, Partially
  • Citation Number : TS-715-ITAT-2026(Mum)-TP
  • Tax Payer : ERANTHUS DEVELOPERS PVT LTD
High Court

HC: Dismisses Revenue’s appeals against ITAT-order w.r.t comparables selection, applying forex filter, working capital adjustment etc

  • In Favour of Assessee
  • Citation Number : TS-716-HC-2026(KAR)-TP
  • Tax Payer : FMC India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Restricts arm’s length rate of guarantee commission to 0.60%; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-710-ITAT-2026(Mum)-TP
  • Tax Payer : KEC International Ltd
Income tax Appellate Tribunal

ITAT: Cannot disturb reasonably possible view qua comparables merely because another view conceivable

  • In Favour of Assessee
  • Citation Number : TS-709-ITAT-2026(CHNY)-TP
  • Tax Payer : Kaar Technologies India Private Limited
High Court

HC: Key Excerpts from Karnataka HC judgment in SAP Labs on TP Issues

  • In Favour of Both, Partially
  • Citation Number : TS-708-HC-2026(KAR)-TP
  • Tax Payer : SAP India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustments qua royalty payment and reimbursement of AMP expenses; Follows assessee’s earlier orders

  • In Favour of Assessee
  • Citation Number : TS-707-ITAT-2026(Mum)-TP
  • Tax Payer : Vodafone Mobile Services Ltd
Income tax Appellate Tribunal

ITAT: Remits adjustment w.r.t interest on CCD, deletes adjustment qua interest on receivables

  • In Favour of Both, Partially
  • Citation Number : TS-703-ITAT-2026(CHNY)-TP
  • Tax Payer : Movate Technologies Private Limited
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustment qua interest on outstanding receivables basis assessee being debt free

  • In Favour of Assessee
  • Citation Number : TS-706-ITAT-2026(CHNY)-TP
  • Tax Payer : Trimble Information Technologies India Private Limited
Income tax Appellate Tribunal

ITAT: Corporate guarantees given and received are separate transactions, rejects 'set-off' plea; Fixes ALP-commission @ 0.5%

  • In Favour of Both, Partially
  • Citation Number : TS-702-ITAT-2026(Mum)-TP
  • Tax Payer : GLUHEND INDIA PRIVATE LIMITED