Updates ( 8916 results )

ITAT: Upholds deletion of Sec.270A penalty for Alibaba Cloud India; 'Misreporting of income' not established

  • In Favour of Assessee
  • Citation Number : TS-631-ITAT-2026(Mum)-TP
  • Tax Payer : ALIBABA CLOUD INDIA LLP

ITAT: Deletes adjustment qua IGS, remits adjustment qua interest on ECB; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-630-ITAT-2026(DDN)-TP
  • Tax Payer : BG Exploration & Production India Limited

ITAT: Upholds CIT(A)’s deletion of TP adjustment qua loan; Holds letter of comfort outside ambit of international transaction

  • In Favour of Assessee
  • Citation Number : TS-1519-ITAT-2018(Mum)-TP
  • Tax Payer : The Indian Hotels Company Ltd

ITAT: Directs AO/TPO to grant working capital adjustment in accordance with Rule 10B(3), if claim found to be factually correct

  • In Favour of Assessee
  • Citation Number : TS-629-ITAT-2026(Mum)-TP
  • Tax Payer : Nynas Naphthenics Pvt Ltd

ITAT: Directs recomputing assessee's operating margin after including export incentive; Follows earlier orders

  • In Favour of Assessee
  • Citation Number : TS-626-ITAT-2026(CHNY)-TP
  • Tax Payer : Tech Clarities Private Limited

HC: Allows writ, sets aside draft assessment order and consequent notices of demand and penalty

  • In Favour of Assessee
  • Citation Number : TS-628-HC-2026(P & H)-TP
  • Tax Payer : Fidelity Information Services India Pvt. Ltd

ITAT: Remits TP-issues, directs jurisdictional CIT(A) to consider assessee’s plea w.r.t pendency of MAP

  • In Favour of Both, Partially
  • Citation Number : TS-627-ITAT-2026(CHNY)-TP
  • Tax Payer : ZF Wind Power Coimbatore Pvt Ltd

ITAT: Dismisses Revenue’s MA seeking review of earlier order invalidating time-barred final assessment order

  • In Favour of Assessee
  • Citation Number : TS-624-ITAT-2026(DEL)-TP
  • Tax Payer : CBRE South Asia (P) Ltd

HC: Upholds ITAT’s order on comparables’ exclusion, terms entire dispute merely as fact driven

  • In Favour of Assessee
  • Citation Number : TS-625-HC-2026(BOM)-TP
  • Tax Payer : Tetra Pak India Pvt Ltd

ITAT: Deletes AMP adjustment for Nivea India; Follows earlier orders

  • In Favour of Assessee
  • Citation Number : TS-621-ITAT-2026(Mum)-TP
  • Tax Payer : Nivea India Private Ltd

ITAT: Grants assessee liberty to challenge AO’s order before CIT(A) treating the same within limitation

  • In Favour of Assessee
  • Citation Number : TS-623-ITAT-2026(CHNY)-TP
  • Tax Payer : Kingfa Science & Technology (India) Ltd

ITAT: Remits claim for economic adjustments, treatment of items as operating, etc. under manufacturing segments

  • In Favour of Both, Partially
  • Citation Number : TS-622-ITAT-2026(CHNY)-TP
  • Tax Payer : Caterpillar India Pvt Ltd

ITAT: Deletes adjustment w.r.t interest on NCDS, holds TPO cannot 'overturn' findings for earlier year

  • In Favour of Assessee
  • Citation Number : TS-619-ITAT-2026(Mum)-TP
  • Tax Payer : THE BRITISH INSTITUTE OF ENGINEERING AND TECHNOLOGY (INDIA) PVT LTD

HC: Final assessment passed contrary to DRP directions violates Sec. 144C(10) & (13); Directs AO to pass fresh order

  • In Favour of Assessee
  • Citation Number : TS-617-HC-2026(P & H)-TP
  • Tax Payer : UCWEB Mobile Pvt.Ltd

ITAT: Directs TPO to take segmental data as per DRP’s directions or exclude comparables if data unavailable for benchmarking

  • In Favour of Assessee
  • Citation Number : TS-615-ITAT-2026(DEL)-TP
  • Tax Payer : Dimagi Software Innovations Pvt. Ltd

ITAT: Holds final assessment order barred by limitation as null and void

  • In Favour of Assessee
  • Citation Number : TS-614-ITAT-2026(DEL)-TP
  • Tax Payer : Musashi Auto Parts India Private Limited

ITAT: Deletes TP-adjustment w.r.t interest on CCDs, holds benchmarking required basis SBI-PLR; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-613-ITAT-2026(HYD)-TP
  • Tax Payer : Neovantage Innovation Park Private Limited

ITAT: Dismisses assessee's plea against TP-adjustment on outstanding receivables, notes abnormal credit period

  • In Favour of Revenue
  • Citation Number : TS-610-ITAT-2026(HYD)-TP
  • Tax Payer : Quislex Legal Services P Ltd

ITAT: Grants stay for 180 days or till disposal of appeal subject to payment of 20% of outstanding demand

  • In Favour of Assessee
  • Citation Number : TS-612-ITAT-2026(Bang)-TP
  • Tax Payer : PURFLUX ENGINE SYSTEMS INDIA PVT. LTD.(FORMERLY KNOW AS SOGEFI ENGINE SYSTEMS INDIA PVT. LTD)

ITAT: Restores TP-adjustment w.r.t interest on loan to verify whether transaction is domestic or international

  • In Favour of Assessee
  • Citation Number : TS-609-ITAT-2026(HYD)-TP
  • Tax Payer : Huoban Energy Private Limited