Updates ( 8089 results )

ITAT: Finds contradiction between audited financial statements & segmental report, remits adjustment qua SDS

  • In Favour of Assessee
  • Citation Number : TS-532-ITAT-2025(HYD)-TP
  • Tax Payer : Brightcom Group Limited

ITAT: Quashes final assessment order as passed beyond limitation period prescribed u/s.144C(13) in case of BMW India

  • In Favour of Assessee
  • Citation Number : TS-535-ITAT-2025(DEL)-TP
  • Tax Payer : BMW India Pvt. Ltd.

ITAT: Deletes addition w.r.t interest on CCDs, remits adjustment qua interest & redemption premium on NCDs

  • In Favour of Both, Partially
  • Citation Number : TS-538-ITAT-2025(HYD)-TP
  • Tax Payer : Neovantage Innovation Park Private Limited

ITAT: Rules on TP adjustment qua corporate guarantee and interest on trade receivables

  • In Favour of Revenue
  • Citation Number : TS-759-ITAT-2023(COCH)-TP
  • Tax Payer : Synthite Industries (P) Ltd

ITAT: Excludes/Includes comparables in SWD segment; Remits working capital adjustment

  • In Favour of Both, Partially
  • Citation Number : TS-533-ITAT-2025(Bang)-TP
  • Tax Payer : Netradyne Technology India Pvt. Limited

ITAT: Restricts outstanding receivable interest at LIBOR+0.65%; Confirms deletion of adjustment qua outstanding share application money

  • In Favour of Both, Partially
  • Citation Number : TS-531-ITAT-2025(Mum)-TP
  • Tax Payer : Essar Power Limited

ITAT: Directs AO/TPO to apply upper turnover filter since it adopted lower turnover limit of Rs.1 crore

  • In Favour of Assessee
  • Citation Number : TS-528-ITAT-2025(COCH)-TP
  • Tax Payer : UST Global Technology Services (India) Private Limited

ITAT: Remits TP-additions qua corporate IT services and recovery of salary expenses; Follows earlier order

  • In Favour of Both, Partially
  • Citation Number : TS-529-ITAT-2025(COCH)-TP
  • Tax Payer : Apollo Tyres Ltd

ITAT: Adopts 0.5% for corporate guarantee; Remits TP-addition qua corporate IT services

  • In Favour of Both, Partially
  • Citation Number : TS-530-ITAT-2025(COCH)-TP
  • Tax Payer : Apollo Tyres Ltd

ITAT: Directs benchmarking transaction of corporate guarantee by adopting 0.5%; Follows precedent

  • In Favour of Both, Partially
  • Citation Number : TS-527-ITAT-2025(COCH)-TP
  • Tax Payer : Apollo Tyres Ltd

ITAT: Directs benchmarking of interest on receivables based on currency in which invoices are prepared

  • In Favour of Assessee
  • Citation Number : TS-526-ITAT-2025(Bang)-TP
  • Tax Payer : Lowe’s Services India Pvt. Ltd

ITAT: Rules on comparables for ITeS-provider considering turnover, brand-value, TPO's search matrix, merger

  • In Favour of Revenue
  • Citation Number : TS-518-ITAT-2025(Bang)-TP
  • Tax Payer : Hydro BS India Private Limited

ITAT: Holds PCIT lacks authority to assume jurisdiction u/.s 263 to revise final assessment order

  • In Favour of Both, Partially
  • Citation Number : TS-524-ITAT-2025(Mum)-TP
  • Tax Payer : Accenture Solutions Private Limited

ITAT: Remits TP-adjustments w.r.t provision of ITeS, interest on outstanding receivables

  • In Favour of Both, Partially
  • Citation Number : TS-522-ITAT-2025(DEL)-TP
  • Tax Payer : Future First Info Services Pvt Ltd

HC: Affirms ITAT's quashing of final assessment-order passed sans draft-order in remand proceedings

  • In Favour of Assessee
  • Citation Number : TS-512-HC-2025(KAR)-TP
  • Tax Payer : Alpha Elsec Defence & Aerospace Systems Pvt Ltd

HC: Comparables failing revenue filter not to be selected for TP study, dismisses appeal

  • In Favour of Assessee
  • Citation Number : TS-523-HC-2025(KAR)-TP
  • Tax Payer : Robert Bosch Engineering and Business Solutions Ltd

ITAT: Confirms CIT(A)’s order upholding addition made qua SDT absent any representation on assessee’s behalf

  • In Favour of Revenue
  • Citation Number : TS-514-ITAT-2025(Ahd)-TP
  • Tax Payer : Dhara Developers

ITAT: Upholds assessee's Other Method for benchmarking interest on loan to AE at NIL

  • In Favour of Assessee
  • Citation Number : TS-517-ITAT-2025(Mum)-TP
  • Tax Payer : Reliance Life Sciences Pvt Ltd

ITAT: Treats depreciation on goodwill/amortisation of non-compete fees as non-operating, rules on comparables

  • In Favour of Both, Partially
  • Citation Number : TS-516-ITAT-2025(Mum)-TP
  • Tax Payer : Novateur Electrical and Digital Systems Pvt Ltd

ITAT: Confirms CIT(A)’s order allowing claim of deduction u/s.80IA by relying on earlier orders

  • In Favour of Assessee
  • Citation Number : TS-511-ITAT-2025(Ahd)-TP
  • Tax Payer : Gujarat Narmada Valley Fertilizer & Chemicals Limited