Updates ( 8033 results )

ITAT: Rejects CUP as MAM for benchmarking export transaction and royalty payment; Deletes adjustments

  • In Favour of Assessee
  • Citation Number : TS-449-ITAT-2025(Mum)-TP
  • Tax Payer : Firmenich Aromatics (India) Private Limited

ITAT: Upholds TPO’s findings as DRP’s directions were substantially followed

  • In Favour of Revenue
  • Citation Number : TS-451-ITAT-2025(Kol)-TP
  • Tax Payer : Danieli India Limited

ITAT: Dismisses assessee’s appeal as withdrawn in light of settlement under DTVSVS

  • In Favour of None/NA
  • Citation Number : TS-443-ITAT-2025(Mum)-TP
  • Tax Payer : Dow Chemical International Private Limited

ITAT: Adjudicates TP-adjustments qua investment advisory & support services, ITeS for Goldman Sachs

  • In Favour of Both, Partially
  • Citation Number : TS-448-ITAT-2025(Mum)-TP
  • Tax Payer : Goldman Sachs (India) Securities P. Ltd

ITAT: Deletes TP-adjustment made for reimbursement of expenses, issue being similar as in preceding years

  • In Favour of Assessee
  • Citation Number : TS-446-ITAT-2025(Mum)-TP
  • Tax Payer : DSV Solutions Pvt Ltd

ITAT: AO cannot extend limitation u/s.144(13) citing DRP’s rectification u/s.154, quashes final assessment order

  • In Favour of Assessee
  • Citation Number : TS-442-ITAT-2025(DEL)-TP
  • Tax Payer : Fresenius Kabi Oncology Ltd

ITAT: Remits TP addition qua interest on outstanding receivables; Directs TPO to examine amounts, credits given to AEs

  • In Favour of Assessee
  • Citation Number : TS-440-ITAT-2025(DEL)-TP
  • Tax Payer : Acme Cleantech Solutions Pvt. Ltd

ITAT: Dismisses assessee’s appeal against PCIT-order for non-prosecution

  • In Favour of None/NA
  • Citation Number : TS-436-ITAT-2025(Ahd)-TP
  • Tax Payer : A. Menarini India Pvt. Ltd

ITAT: Rules on comparables; Applies LIBOR +200 basis point with credit period of 60 days

  • In Favour of Both, Partially
  • Citation Number : TS-439-ITAT-2025(DEL)-TP
  • Tax Payer : Calsonic KanseiMotherson Auto Products Private Limited

ITAT: Remits ALP determination qua management fees; Admits assessee’s additional evidence

  • In Favour of Assessee
  • Citation Number : TS-438-ITAT-2025(PAN)-TP
  • Tax Payer : Guala Closures India Private Limited

ITAT: TP-provisions inapplicable to tonnage tax company, deletes adjustments w.r.t charter-hire charges, ship sale

  • In Favour of Assessee
  • Citation Number : TS-437-ITAT-2025(CHNY)-TP
  • Tax Payer : GU Ocean Private Ltd

ITAT: Accepts Assessee's operating margin at 6.24%; No adjustment required under trading activity

  • In Favour of Assessee
  • Citation Number : TS-432-ITAT-2025(DEL)-TP
  • Tax Payer : URB India Bearing Factory and Trade Pvt. Ltd

ITAT: Deletes disallowance of support services cost for Genpact, following earlier order

  • In Favour of Assessee
  • Citation Number : TS-433-ITAT-2025(DEL)-TP
  • Tax Payer : Genpact Services LLC

ITAT: Rules on TP-adjustment qua interest on outstanding trade receivables; Follows precedents

  • In Favour of Both, Partially
  • Citation Number : TS-435-ITAT-2025(HYD)-TP
  • Tax Payer : Signode India Limited

ITAT: Excludes company engaged in selling newspaper being functionally dissimilar to assessee

  • In Favour of Assessee
  • Citation Number : TS-434-ITAT-2025(DEL)-TP
  • Tax Payer : IRDETO Technology India Private Limited

ITAT: Deletes addition qua advisory services provided by AE; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-431-ITAT-2025(Kol)-TP
  • Tax Payer : Bata India Ltd

ITAT: Quashes penalty levied by TPO u/s. 271G on account of jurisdictional error

  • In Favour of Assessee
  • Citation Number : TS-1270-ITAT-2019(DEL)-TP
  • Tax Payer : Bio Rad Laboratories (India) Pvt Ltd

ITAT: Deletes 271G penalty basis assessee able to explain cause for documents submission failure

  • In Favour of Assessee
  • Citation Number : TS-784-ITAT-2012(HYD)-TP
  • Tax Payer : Remy Electricals India Ltd

ITAT: Deletes penalty levied u/s 271G; Follows precedent

  • In Favour of Assessee
  • Citation Number : TS-1133-ITAT-2016(HYD)-TP
  • Tax Payer : Bartonics India Ltd

ITAT: Grants stay on recovery of remaining outstanding demand subject to condition of pre-deposit

  • In Favour of Assessee
  • Citation Number : TS-429-ITAT-2025(DEL)-TP
  • Tax Payer : Sumitomo Corporation India P. Ltd