Rulings ( 10726 results )

Filters
Income tax Appellate Tribunal

ITAT: Accepts foreign AE as tested party; Rejects persistent loss-making & employee cost filters

Jun 18, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-347-ITAT-2025(CHNY)-TP
  • Tax Payer : OrangeScape Technologies Private Limited
Income tax Appellate Tribunal

ITAT: Precondition of existence of 'arrangement' unfulfilled, proviso to Sec.80IA(10) not applicable

Jun 18, 2025
  • In Favour of Assessee
  • Citation Number : TS-348-ITAT-2025(Mum)-TP
  • Tax Payer : KBS Creations
Income tax Appellate Tribunal

ITAT: Remits ALP determination of management fee charges; Directs DRP to adjudicate afresh

Jun 17, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-343-ITAT-2025(Bang)-TP
  • Tax Payer : WeWork India Management P Ltd
Income tax Appellate Tribunal

ITAT: Accepts TNMM over hypothetical CUP for benchmarking IGS; Follows earlier orders

Jun 17, 2025
  • In Favour of Assessee
  • Citation Number : TS-344-ITAT-2025(Bang)-TP
  • Tax Payer : Bostik India Private Limited
Income tax Appellate Tribunal

ITAT: Holds corporate guarantee as international transaction; Determines guarantee fee at 0.5%

Jun 17, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-345-ITAT-2025(Kol)-TP
  • Tax Payer : Tega Industries Ltd
Income tax Appellate Tribunal

ITAT: Deletes adjustment w.r.t R&D expenses, notes no transfer of technology/benefit to AE

Jun 17, 2025
  • In Favour of Assessee
  • Citation Number : TS-342-ITAT-2025(RAN)-TP
  • Tax Payer : Tata Cummins Private Limited
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustment qua global client management fees, follows earlier orders

Jun 16, 2025
  • In Favour of Assessee
  • Citation Number : TS-341-ITAT-2025(Mum)-TP
  • Tax Payer : ISS Facility Services India Private Limited
Income tax Appellate Tribunal

ITAT: Remits TP-adjustment w.r.t interest to consider currency in which loan will be repaid

Jun 16, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-340-ITAT-2025(Mum)-TP
  • Tax Payer : Gemini Property Developers India LLP
Income tax Appellate Tribunal

ITAT: Deemed-AE relationship ceasing due to common director's share-sale / resignation not 'business restructuring'

Jun 16, 2025
  • In Favour of Assessee
  • Citation Number : TS-339-ITAT-2025(CHNY)-TP
  • Tax Payer : Inlogic Technologies Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Remits adjustment qua marketing services fee, restricts guarantee-fee adjustment to loan-amount utilized

Jun 13, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-337-ITAT-2025(CHNY)-TP
  • Tax Payer : Financial Software and Systems Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Allows 80IA deduction for transfer value of power by CPPs to manufacturing unit

Jun 13, 2025
  • In Favour of Assessee
  • Citation Number : TS-338-ITAT-2025(Kol)-TP
  • Tax Payer : Phillips Carbon Black Ltd
Income tax Appellate Tribunal

ITAT: Confirms CIT(A)’s deletion of TP-adjustment qua corporate guarantee, trade receivables; Follows earlier orders

Jun 13, 2025
  • In Favour of Assessee
  • Citation Number : TS-336-ITAT-2025(VIZ)-TP
  • Tax Payer : CCL Products (India) Limited
High Court

HC: Dismisses Revenue’s appeal on power transfer, as covered by assessee’s earlier orders

Jun 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-333-HC-2025(CAL)-TP
  • Tax Payer : Birla Corporation Limited
Income tax Appellate Tribunal

ITAT: Upholds assessee's SBI-PLR over TPO's 'masala bond' rate for benchmarking interest on ECB

Jun 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-334-ITAT-2025(HYD)-TP
  • Tax Payer : Electronics Arts Games (India) Private Limited
Income tax Appellate Tribunal

ITAT: Excludes amortization of goodwill from operating expenditure; Rules on comparables

Jun 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-335-ITAT-2025(CHNY)-TP
  • Tax Payer : Hitachi Solutions India Private Limited
Income tax Appellate Tribunal

ITAT: TPO erred in using average PLI amid auto-industry slowdown; Directs equitable comparison

Jun 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-332-ITAT-2025(CHNY)-TP
  • Tax Payer : Brakes India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Holds mere reduction in sales to AE no ground to reject idle capacity adjustment

Jun 12, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-331-ITAT-2025(CHNY)-TP
  • Tax Payer : Caterpillar India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Sets aside Sec.263-order passed without considering assessee’s submissions

Jun 11, 2025
  • In Favour of Assessee
  • Citation Number : TS-328-ITAT-2025(Ahd)-TP
  • Tax Payer : GFL Ltd
Income tax Appellate Tribunal

ITAT: Assessee to substantiate existence of reimbursement expenses; Remits ALP-determination

Jun 11, 2025
  • In Favour of Assessee
  • Citation Number : TS-329-ITAT-2025(Mum)-TP
  • Tax Payer : Jungheinrich Lift Truck India Private Limited
Income tax Appellate Tribunal

ITAT: Excludes comparables with high turnover, rendering high-end services in ITeS segment

Jun 11, 2025
  • In Favour of Assessee
  • Citation Number : TS-330-ITAT-2025(Bang)-TP
  • Tax Payer : Acuity Knowledge Centre (India) Pvt Ltd