Rulings ( 11942 results )

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Income tax Appellate Tribunal

ITAT: Dismisses assessee’s appeal as withdrawn in light of MAP resolution

  • In Favour of None/NA
  • Citation Number : TS-281-ITAT-2025(Bang)-TP
  • Tax Payer : XLHealth Corporation India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Remits TP adjustment qua interest on outstanding receivables; Grants 90 days credit period

  • In Favour of Both, Partially
  • Citation Number : TS-282-ITAT-2025(Bang)-TP
  • Tax Payer : AB INBEV GCC Services India Pvt Ltd (earlier known as GCC Services India Pvt Ltd)
Income tax Appellate Tribunal

ITAT: Deletes adjustments qua payment for support services, corporate guarantee, interest on receivables

  • In Favour of Both, Partially
  • Citation Number : TS-274-ITAT-2025(CHNY)-TP
  • Tax Payer : Newgen Digitalworks Private Limited
Income tax Appellate Tribunal

ITAT: Modifies earlier-order; Directs Revenue to not treat Indian subsidiary as DAPE if transaction at ALP

  • In Favour of Assessee
  • Citation Number : TS-279-ITAT-2025(Bang)-TP
  • Tax Payer : QlikTech International AB C/o QlikTech India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Allows assessee’s MA, modifies LIBOR to EURIBOR as interest for outstanding receivables

  • In Favour of Assessee
  • Citation Number : TS-280-ITAT-2025(Bang)-TP
  • Tax Payer : Concur Technologies India Private Limited
Income tax Appellate Tribunal

ITAT: Deletes ad-hoc adjustment qua royalty payment made without any prescribed method

  • In Favour of Assessee
  • Citation Number : TS-276-ITAT-2025(Mum)-TP
  • Tax Payer : Unilever India Exports Ltd
Income tax Appellate Tribunal

ITAT: Allows assessee’s MAs seeking modifications in earlier order

  • In Favour of Assessee
  • Citation Number : TS-278-ITAT-2025(Bang)-TP
  • Tax Payer : Astra Zeneca Pharma India Ltd
Income tax Appellate Tribunal

ITAT: DRP fails to adjudicate on explanation provided by assessee; Directs passing of speaking order

  • In Favour of Both, Partially
  • Citation Number : TS-275-ITAT-2025(Kol)-TP
  • Tax Payer : Madhu Jayanti International Ltd
Income tax Appellate Tribunal

ITAT: Accepts ‘Other method’ for import transactions; Highlights flaws in CUP applicability

  • In Favour of Assessee
  • Citation Number : TS-277-ITAT-2025(CHNY)-TP
  • Tax Payer : Trimex Industries (P) Ltd
Income tax Appellate Tribunal

ITAT: Deletes adjustment qua outstanding receivables w.r.t Medical Transcription Services & ITeS transactions

  • In Favour of Assessee
  • Citation Number : TS-269-ITAT-2025(Mum)-TP
  • Tax Payer : Aquity Solutions India Pvt Ltd (Earlier known as M Modal Global Services Pvt Ltd)
Income tax Appellate Tribunal

ITAT: Allows mark-up for availing of supervision services and central services; Follows rule of consistency

  • In Favour of Assessee
  • Citation Number : TS-271-ITAT-2025(DEL)-TP
  • Tax Payer : Humboldt Wedag India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Upholds internal TNMM, cites no difference in services rendered in AE and Non-AE segments

  • In Favour of Assessee
  • Citation Number : TS-272-ITAT-2025(Mum)-TP
  • Tax Payer : Quinox Consultancy Services Limited
Income tax Appellate Tribunal

ITAT: Applying Rs. 200 cr. as upper-turnover filter, not law; Directs TPO to incorporate appropriate filter

  • In Favour of Both, Partially
  • Citation Number : TS-273-ITAT-2025(Bang)-TP
  • Tax Payer : Yokogawa Technology Solutions India Pvt. Ltd
Foreign Court

FC: US Tax Court rules against Facebook Inc, confirms IRS adoption of ‘income method’ for intangibles valuation

  • In Favour of Revenue
  • Citation Number : TS-270-FC-2025(USA)-TP
  • Tax Payer : Facebook, Inc. & Subsidiaries
Income tax Appellate Tribunal

ITAT: Remits matter for re-examining claim regarding payment towards availing business support services

  • In Favour of Both, Partially
  • Citation Number : TS-268-ITAT-2025(HYD)-TP
  • Tax Payer : Excelra Knowledge Solutions Private Limited
Income tax Appellate Tribunal

ITAT: Upholds internal CUP for loans advanced; Deletes TP adjustment qua interest on delayed receivables

  • In Favour of Assessee
  • Citation Number : TS-267-ITAT-2025(Ahd)-TP
  • Tax Payer : Intas Pharmaceuticals Ltd.
Income tax Appellate Tribunal

ITAT: No separate adjustment required since impact of outstanding receivables subsumed in WCA

  • In Favour of Assessee
  • Citation Number : TS-266-ITAT-2025(Ahd)-TP
  • Tax Payer : Milacron India Pvt.Ltd
Income tax Appellate Tribunal

ITAT: Rules on comparables selection; Holds ‘provision for bad debt’ as non-operating in nature

  • In Favour of Both, Partially
  • Citation Number : TS-262-ITAT-2025(HYD)-TP
  • Tax Payer : Vertex Offshore Services Private Limited
Income tax Appellate Tribunal

ITAT: Quashes Sec. 263 proceedings, matter purely on facts and verifiable from assessee’s records

  • In Favour of Assessee
  • Citation Number : TS-265-ITAT-2025(Mum)-TP
  • Tax Payer : Juniper Networks India Private Limited
Income tax Appellate Tribunal

ITAT: Rules on KPO services recharacterization, consultancy charges as operating cost, amortization of goodwill

  • In Favour of Both, Partially
  • Citation Number : TS-264-ITAT-2025(HYD)-TP
  • Tax Payer : DELICATESSEN ENGINEERING SERVICES PRIVATE LIMITED