Updates ( 8035 results )

ITAT: Upholds TP-adjustment, finds no infirmity in AO's order

  • In Favour of Both, Partially
  • Citation Number : TS-209-ITAT-2025(DEL)-TP
  • Tax Payer : PCL Foods Private Limited

ITAT: Remits TP-adjustment qua interest on outstanding inter-company receivables

  • In Favour of Both, Partially
  • Citation Number : TS-207-ITAT-2025(DEL)-TP
  • Tax Payer : Atotech India Pvt Ltd

ITAT: Quashes assessment passed on non-existent entity, ignoring merger information as unsustainable

  • In Favour of Assessee
  • Citation Number : TS-206-ITAT-2025(DEL)-TP
  • Tax Payer : Bharti Airtel Limited, (Successor to Telenor India Communications Pvt. Ltd.)

ITAT: Remits TP-adjustment of interest imputed on outstanding receivables

  • In Favour of Assessee
  • Citation Number : TS-205-ITAT-2025(CHNY)-TP
  • Tax Payer : Securekloud Technologies Limited

ITAT: Upholds rejection of TPO's CPM for export of traded spares following earlier order

  • In Favour of Assessee
  • Citation Number : TS-204-ITAT-2025(PUN)-TP
  • Tax Payer : Alfa Laval India Private Limited

ITAT: Partly allows assessee’s plea on selection of comparables in ITeS segment; Follows precedent

  • In Favour of Both, Partially
  • Citation Number : TS-202-ITAT-2025(HYD)-TP
  • Tax Payer : ADP Private Limited

ITAT: Deletes disallowance of IGS-payment; AO didn't follow DRP's direction for franchise-fee payment

  • In Favour of Assessee
  • Citation Number : TS-203-ITAT-2025(Mum)-TP
  • Tax Payer : Royal Canin India Pvt Ltd

ITAT: Excludes company providing ITeS making it functionally-dissimilar to SWD service provider

  • In Favour of Assessee
  • Citation Number : TS-199-ITAT-2025(DEL)-TP
  • Tax Payer : ION Trading India Private Ltd

ITAT: TPO failed to examine assessee’s debt-free status, impact on receivables; Remits adjustment

  • In Favour of Assessee
  • Citation Number : TS-200-ITAT-2025(DEL)-TP
  • Tax Payer : Fluor Daniel India Pvt Ltd

ITAT: Mere contractual arrangement, absent significant supporting evidence, insufficient to establish rendering of services

  • In Favour of Revenue
  • Citation Number : TS-201-ITAT-2025(HYD)-TP
  • Tax Payer : Hammond Power Solutions Private Limited

ITAT: Remits TP-adjustment qua purchase transaction, rejects NIL ALP for engineering support services

  • In Favour of Assessee
  • Citation Number : TS-198-ITAT-2025(DEL)-TP
  • Tax Payer : Knauf India Pvt Ltd

ITAT: Directs grant of working capital adjustment; Rules on allowing enhanced claim u/s.80IA

  • In Favour of Assessee
  • Citation Number : TS-197-ITAT-2025(DEL)-TP
  • Tax Payer : Cosmo First Limited

ITAT: Confirms CIT(A)’s deletion of TP-adjustment qua AMP expenditure, IT support services

  • In Favour of Assessee
  • Citation Number : TS-195-ITAT-2025(Mum)-TP
  • Tax Payer : Kellogg India Pvt Ltd

ITAT: Deletes adjustment on outstanding receivables considering assessee’s debt free status

  • In Favour of Assessee
  • Citation Number : TS-193-ITAT-2025(CHNY)-TP
  • Tax Payer : Temenos India Pvt Ltd

ITAT: Confirms assessee’s TNMM as MAM for benchmarking export transaction; Follows earlier orders

  • In Favour of Assessee
  • Citation Number : TS-190-ITAT-2025(Mum)-TP
  • Tax Payer : Lubrizol India Private Limited

ITAT: Confirms CIT(A)’s exclusion of full risk taking entrepreneur consulting company

  • In Favour of Assessee
  • Citation Number : TS-189-ITAT-2025(DEL)-TP
  • Tax Payer : Coforge Limited

ITAT: Directs AO/TPO to grant depreciation adjustment on account of capacity underutilization

  • In Favour of Assessee
  • Citation Number : TS-191-ITAT-2025(DEL)-TP
  • Tax Payer : Hitachi Astemo Haryana Private Ltd

ITAT: Deletes downward adjustment made in respect of transfer value of power

  • In Favour of Assessee
  • Citation Number : TS-192-ITAT-2025(Kol)-TP
  • Tax Payer : IVL Dhunseri Petrochem Industries Pvt. Ltd

ITAT: Rejects recharacterization of investment as loan, upholds interest @LIBOR+200bps on receivables

  • In Favour of Assessee
  • Citation Number : TS-194-ITAT-2025(HYD)-TP
  • Tax Payer : VPR Mining Infrastructure Pvt. Ltd

ITAT: Deletes TP-adjustments qua royalty payment, consultancy services, reimbursement of advertisement expenses

  • In Favour of Assessee
  • Citation Number : TS-188-ITAT-2025(DEL)-TP
  • Tax Payer : Benetton India Private Ltd