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ITAT: Upholds CIT(A) restricting ALP fee rate of corporate guarantee to 0.25%

May 21, 2026
  • In Favour of Assessee
  • Citation Number : TS-397-ITAT-2026(Kol)-TP
  • Tax Payer : South City Projects (Kolkata) Ltd

ITAT: Upholds CIT(A)’s decision excluding 2 comparables, deleting TP adjustment qua IT support services

May 21, 2026
  • In Favour of Assessee
  • Citation Number : TS-396-ITAT-2026(Bang)-TP
  • Tax Payer : 3M India Ltd

ITAT: Upholds deletion of TP adjustment qua corporate guarantee, as no fresh guarantee being issued for given AY

May 21, 2026
  • In Favour of Assessee
  • Citation Number : TS-392-ITAT-2026(Ahd)-TP
  • Tax Payer : Cadila Pharmaceuticals Ltd

ITAT: Rectifies Tribunal-order; Directs TPO to grant working capital adjustment if found interlinked

May 21, 2026
  • In Favour of Assessee
  • Citation Number : TS-395-ITAT-2026(Bang)-TP
  • Tax Payer : NTS Technology Services Pvt Ltd

ITAT: Deletes adjustment w.r.t interest on receivables; Economic impact embedded in working capital, TNMM analysis

May 20, 2026
  • In Favour of Assessee
  • Citation Number : TS-391-ITAT-2026(Ahd)-TP
  • Tax Payer : Reckitt Benckiser Healthcare India Pvt. Ltd

ITAT: Remits issues w.r.t considering correct financials, margin computation, working capital & risk adjustments

May 20, 2026
  • In Favour of Assessee
  • Citation Number : TS-390-ITAT-2026(DEL)-TP
  • Tax Payer : Rockwell Automation India Pvt Ltd

ITAT: Confirms Sec.271G-penalty deletion, notes TPO's acceptance of transactions being at arm's length

May 20, 2026
  • In Favour of Assessee
  • Citation Number : TS-389-ITAT-2026(Mum)-TP
  • Tax Payer : D Navinchandra Gems Pvt Ltd

ITAT: Sets aside CIT(A)-order passed without disposing of appeal on issues raised; Remits ALP determination plea

May 19, 2026
  • In Favour of Assessee
  • Citation Number : TS-388-ITAT-2026(DEL)-TP
  • Tax Payer : AKILA TRADING PRIVATE LIMITED

ITAT: Deletes TP adjustment qua payment of management fees; Applies rule of consistency

May 19, 2026
  • In Favour of Assessee
  • Citation Number : TS-387-ITAT-2026(Mum)-TP
  • Tax Payer : NTT India Pvt Ltd

ITAT: Confirms CIT(A)’s action upholding TP adjustment qua corporate guarantee by adopting 1% as fee

May 19, 2026
  • In Favour of Revenue
  • Citation Number : TS-386-ITAT-2026(CHNY)-TP
  • Tax Payer : TVS SUPPLY CHAIN SOLUTIONS LTD

ITAT: Rejects NIL ALP qua interest on CCDs, allows 90-days' credit period for interest on receivables

May 19, 2026
  • In Favour of Both, Partially
  • Citation Number : TS-385-ITAT-2026(CHNY)-TP
  • Tax Payer : Beroe Consulting India Pvt. Ltd

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

May 18, 2026
  • In Favour of Assessee
  • Citation Number : TS-384-ITAT-2026(Mum)-TP
  • Tax Payer : Imperial Jewels

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

May 18, 2026
  • In Favour of Assessee
  • Citation Number : TS-383-ITAT-2026(CHNY)-TP
  • Tax Payer : Renault India P Ltd

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

May 18, 2026
  • In Favour of Assessee
  • Citation Number : TS-382-ITAT-2026(Bang)-TP
  • Tax Payer : Toyota Industries Engine India Pvt Ltd

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

May 18, 2026
  • In Favour of Assessee
  • Citation Number : TS-381-ITAT-2026(CHNY)-TP
  • Tax Payer : Encore IT Services Solutions Pvt. Ltd

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

May 15, 2026
  • In Favour of Assessee
  • Citation Number : TS-379-ITAT-2026(DEL)-TP
  • Tax Payer : AON Consulting Pvt. Ltd

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

May 15, 2026
  • In Favour of Assessee
  • Citation Number : TS-378-ITAT-2026(CHNY)-TP
  • Tax Payer : Danfoss Industries Pvt Ltd

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

May 15, 2026
  • In Favour of Both, Partially
  • Citation Number : TS-380-ITAT-2026(Bang)-TP
  • Tax Payer : WIPRO GE Health Care Pvt. Ltd

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

May 14, 2026
  • In Favour of Assessee
  • Citation Number : TS-377-ITAT-2026(CHNY)-TP
  • Tax Payer : C H Robinson Worldwide Freight India Pvt Ltd

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

May 14, 2026
  • In Favour of Assessee
  • Citation Number : TS-376-ITAT-2026(Bang)-TP
  • Tax Payer : Infosys BPM Limited