Rulings ( 11178 results )

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Income tax Appellate Tribunal

ITAT: Quashes assessment order as passed beyond statutory time limit; Disposes of assessee’s appeal

Dec 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-736-ITAT-2025(HYD)-TP
  • Tax Payer : Parexel International (IRL) Limited
Income tax Appellate Tribunal

ITAT: Sets aside AO/DRP/TPO order computing ALP qua intra group services at Nil

Dec 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-735-ITAT-2025(DEL)-TP
  • Tax Payer : PICO Deepali Overlays Consortium
Income tax Appellate Tribunal

ITAT: Directs AO to give effect to UAPA covering international transaction of royalty payment

Dec 12, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-737-ITAT-2025(Mum)-TP
  • Tax Payer : Gia India Laboratory Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rules on TP adjustment qua commission on corporate guarantee, Standby Letter of Credit

Dec 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-734-ITAT-2025(Bang)-TP
  • Tax Payer : GMR Airports Limited, (formerly known as GMR Airports Infrastructure Limited)
Income tax Appellate Tribunal

ITAT: Deletes TP adjustment qua corporate guarantee, loan and delayed receivables; Follows earlier orders

Dec 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-740-ITAT-2025(DEL)-TP
  • Tax Payer : SRF Limited
Income tax Appellate Tribunal

ITAT: Quashes final assessment order passed by AO in ‘utter disregard / defiance' of DRP's directions

Dec 12, 2025
  • In Favour of Assessee
  • Citation Number : TS-739-ITAT-2025(CHNY)-TP
  • Tax Payer : Sulochana Cotton – Spinning Mills (P) Ltd
Income tax Appellate Tribunal

ITAT: Remits issue w.r.t interest on receivables, directs AO/TPO to examine eligibility for working capital adjustment

Dec 11, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-732-ITAT-2025(Bang)-TP
  • Tax Payer : Schneider Electric IT Business India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Directs computation of operating margin without excise duty, sales / income-tax; Remits TP-adjustment qua SDTs

Dec 11, 2025
  • In Favour of Both, Partially
  • Citation Number : TS-731-ITAT-2025(DEL)-TP
  • Tax Payer : Balaji Powertronics
Income tax Appellate Tribunal

ITAT: Holds RPM as MAM over TNMM for assessee, a routine distributor; Follows Burberry India ruling

Dec 11, 2025
  • In Favour of Assessee
  • Citation Number : TS-730-ITAT-2025(DEL)-TP
  • Tax Payer : Massimo Dutti India Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Holds final assessment order passed beyond statutory time limit; Follows precedents

Dec 11, 2025
  • In Favour of Assessee
  • Citation Number : TS-733-ITAT-2025(HYD)-TP
  • Tax Payer : Concentrix Catalyst Technologies (P) Ltd
Income tax Appellate Tribunal

ITAT: Assessee withdraws TP related grounds in light of MAP resolution

Dec 10, 2025
  • In Favour of None/NA
  • Citation Number : TS-726-ITAT-2025(Bang)-TP
  • Tax Payer : Informatica Business Solutions Pvt Ltd
Income tax Appellate Tribunal

ITAT: Rejects separate benchmarking qua royalty payment, accepts assessee's aggregation approach under TNMM, follows precedent

Dec 10, 2025
  • In Favour of Assessee
  • Citation Number : TS-724-ITAT-2025(PUN)-TP
  • Tax Payer : Cummins India Limited
Income tax Appellate Tribunal

ITAT: Rejects TPO’s re-characterization of assessee as contract R&D service provider, deletes adjustment

Dec 10, 2025
  • In Favour of Assessee
  • Citation Number : TS-725-ITAT-2025(CHNY)-TP
  • Tax Payer : Scientific Games India Pvt Ltd (Formerly known as Bally Technologies India Pvt. Ltd.)
High Court

HC: Dismisses Revenue’s appeal on royalty issue, no substantial question of law arises for consideration

Dec 10, 2025
  • In Favour of Assessee
  • Citation Number : TS-729-HC-2025(DEL)-TP
  • Tax Payer : Tupperware India Pvt. Ltd.
Income tax Appellate Tribunal

ITAT: Quashes assessment order for Brightcom Group as barred by limitation

Dec 10, 2025
  • In Favour of Assessee
  • Citation Number : TS-728-ITAT-2025(HYD)-TP
  • Tax Payer : Brightcom Group Limited
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustments w.r.t commission on Standby Letter of Credit, interest on loan

Dec 10, 2025
  • In Favour of Assessee
  • Citation Number : TS-727-ITAT-2025(DEL)-TP
  • Tax Payer : Matrix Clothing Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustments made qua IGS payment and marketing support services

Dec 09, 2025
  • In Favour of Assessee
  • Citation Number : TS-723-ITAT-2025(Kol)-TP
  • Tax Payer : TDK India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Quashes assessment order as time-barred, issue pending resolution in Shelf Drilling

Dec 09, 2025
  • In Favour of Assessee
  • Citation Number : TS-722-ITAT-2025(HYD)-TP
  • Tax Payer : Netcracker Technology Solutions (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Deletes reimbursement of expenses adjustment; Holds transaction requires no separate mark-up

Dec 09, 2025
  • In Favour of Assessee
  • Citation Number : TS-721-ITAT-2025(CHNY)-TP
  • Tax Payer : Fuji Electric India Private Limited
Income tax Appellate Tribunal

ITAT: Confirms CIT(A)’s deletion of Sec.271(1)(c)-penalty; Considers addition deletion in quantum appeal

Dec 08, 2025
  • In Favour of Assessee
  • Citation Number : TS-719-ITAT-2025(Mum)-TP
  • Tax Payer : BP India Pvt. Ltd