Updates ( 8197 results )

ITAT: Sets aside issues for factual verification as DRP failed to adjudicate assessee’s objections

  • In Favour of Both, Partially
  • Citation Number : TS-664-ITAT-2025(DEL)-TP
  • Tax Payer : PCL Foods Private Limited

ITAT: Offsetting outstanding payables with interest on overdue receivables incorrect, cites only income-impacting international transactions u/s.92

  • In Favour of Both, Partially
  • Citation Number : TS-665-ITAT-2025(Bang)-TP
  • Tax Payer : SAP India Pvt Ltd

ITAT: Deletes TP-adjustment qua royalty payment, AMP expenses in case of Sony India; Follows earlier orders

  • In Favour of Both, Partially
  • Citation Number : TS-662-ITAT-2025(DEL)-TP
  • Tax Payer : Sony India Pvt. Ltd

ITAT: Deletes additions qua corporate guarantee and loan advanced; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-663-ITAT-2025(PUN)-TP
  • Tax Payer : Precision Camshafts Limited

ITAT: Excludes comparables failing turnover filter and not appearing in search matrix

  • In Favour of Both, Partially
  • Citation Number : TS-661-ITAT-2025(Bang)-TP
  • Tax Payer : Concur Technologies (India) Private Ltd

ITAT: Deletes TP-adjustment qua interest on receivables, royalty payment; Upholds LIBOR+200bps qua ECB-interest

  • In Favour of Both, Partially
  • Citation Number : TS-657-ITAT-2025(VIZ)-TP
  • Tax Payer : SNF (India) Pvt Ltd

ITAT: Quashes reopening of assessment for disallowing reimbursement reflected in Form-3CEB, notes no TP-adjustment

  • In Favour of Assessee
  • Citation Number : TS-658-ITAT-2025(DEL)-TP
  • Tax Payer : MakeMy Trip (India) Pvt Ltd

ITAT: Rules on TP-adjustment w.r.t transfer of specified assets, support services, R&D fee, etc.

  • In Favour of Both, Partially
  • Citation Number : TS-659-ITAT-2025(DEL)-TP
  • Tax Payer : Ecoenergy Insights Ltd

ITAT: Directs TPO to analyze comparable adopted by SWD service provider for benchmarking ALP under TNMM

  • In Favour of Assessee
  • Citation Number : TS-654-ITAT-2025(Mum)-TP
  • Tax Payer : Xoriant Solutions Pvt Ltd

ITAT: Transactions not covered as Sec 92BA(i) omitted without saving clause, deletes adjustment

  • In Favour of Assessee
  • Citation Number : TS-655-ITAT-2025(PUN)-TP
  • Tax Payer : Jyoti Paper Udyog Limited

ITAT: Rejects TPO/DRP’s recharacterization from ITeS services to KPO services

  • In Favour of Both, Partially
  • Citation Number : TS-653-ITAT-2025(HYD)-TP
  • Tax Payer : DGS Technical Services Private Limited

ITAT: Restores TP-adjustment w.r.t export of software services, bad-debts written-off before COVID impact

  • In Favour of Both, Partially
  • Citation Number : TS-646-ITAT-2025(Kol)-TP
  • Tax Payer : Erevmax Technologies Pvt. Ltd

ITAT: Sets aside NIL ALP determined qua technical services; Remits issue

  • In Favour of Assessee
  • Citation Number : TS-652-ITAT-2025(GAU)-TP
  • Tax Payer : Assam Bio Ethanol Private Limited

ITAT: Upholds adoption of cash PLI, exclusion of comparables for failing turnover filter etc,

  • In Favour of Assessee
  • Citation Number : TS-651-ITAT-2025(Bang)-TP
  • Tax Payer : AMD India Private Ltd

ITAT: Remits ALP adjustment qua delayed realization of export receivables; Applies rule of consistency

  • In Favour of Both, Partially
  • Citation Number : TS-648-ITAT-2025(Mum)-TP
  • Tax Payer : S Vinodkumar Diamonds Pvt Ltd

ITAT: Quashes final assessment order for non-compliance with DRP Directions; Holds order violates Sec.144C(13)

  • In Favour of Assessee
  • Citation Number : TS-649-ITAT-2025(CHNY)-TP
  • Tax Payer : Smartek21 Private Limited

ITAT: Restores adjustments w.r.t ITES / manufacturing segments and management charges; Follows earlier order

  • In Favour of Both, Partially
  • Citation Number : TS-650-ITAT-2025(Ahd)-TP
  • Tax Payer : BUNDY INDIA LIMITED

ITAT: Upholds validity of TPO-reference, rules on treatment of ESOP expense, functional classification, etc

  • In Favour of Both, Partially
  • Citation Number : TS-641-ITAT-2025(Bang)-TP
  • Tax Payer : Sankalp Semiconductor Private Limited

ITAT: Deletes addition made qua reimbursement for IT support services treated as FIS; Follows earlier orders

  • In Favour of Assessee
  • Citation Number : TS-647-ITAT-2025(DEL)-TP
  • Tax Payer : Inveso Holding Company (US) Inc

ITAT: Adopts ‘interest saving method’ to arrive at fair corporate guarantee estimation; Rejects CIT(A)’s adoption of 1%

  • In Favour of Assessee
  • Citation Number : TS-643-ITAT-2025(Kol)-TP
  • Tax Payer : National Engineering Industries Ltd