Rulings ( 11662 results )
Income tax Appellate Tribunal
ITAT: Remits TP adjustment made twice; Excludes 3 functionally dissimilar comparables
May 26, 2026
- In Favour of Both, Partially
- Citation Number : TS-409-ITAT-2026(DEL)-TP
- Tax Payer : Mitsui Prime Advanced Composites India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Dismisses the appeal and stay application as infructuous
May 26, 2026
- In Favour of Assessee
- Citation Number : TS-408-ITAT-2026(DEL)-TP
- Tax Payer : K.S. Commodities Private Limited
Income tax Appellate Tribunal
ITAT: Excludes 4, remits 2 comparables in case of Inter Continental Hotels Group
May 26, 2026
- In Favour of Both, Partially
- Citation Number : TS-407-ITAT-2026(DEL)-TP
- Tax Payer : Inter Continental Hotels Group (India) Pvt Ltd
Income tax Appellate Tribunal
ITAT: Rejects invocation of benefit test, deletes TP adjustment qua Franchise fee payment
May 25, 2026
- In Favour of Both, Partially
- Citation Number : TS-406-ITAT-2026(Mum)-TP
- Tax Payer : Royal Canin India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Excludes 5 comparables and restricts commission @ 0.04% on comfort letter for ICICI Bank; Follows earlier orders
May 25, 2026
- In Favour of Assessee
- Citation Number : TS-405-ITAT-2026(Mum)-TP
- Tax Payer : ICICI Bank Ltd
Income tax Appellate Tribunal
ITAT: Excludes functionally dissimilar companies; Deletes adjustment
May 25, 2026
- In Favour of Assessee
- Citation Number : TS-404-ITAT-2026(DEL)-TP
- Tax Payer : Astemo India Private Limited
Income tax Appellate Tribunal
ITAT: Dismisses assessee’s MA; Upholds Tribunal’s exclusion of company failing quantitative filter
May 25, 2026
- In Favour of Revenue
- Citation Number : TS-403-ITAT-2026(DEL)-TP
- Tax Payer : Assimilate Solutions India Private Limited
Income tax Appellate Tribunal
ITAT: Deletes disallowance u/s. 37(1) for Ericsson India, AO cannot disregard binding APA
May 23, 2026
- In Favour of Assessee
- Citation Number : TS-402-ITAT-2026(DEL)-TP
- Tax Payer : Ericsson India P. Ltd
Income tax Appellate Tribunal
ITAT: Excludes companies having high turnover; Directs recomputing interest by allowing 60 days credit period
May 22, 2026
- In Favour of Assessee
- Citation Number : TS-401-ITAT-2026(HYD)-TP
- Tax Payer : Winwire Technologies India Private Limited
High Court
HC: Allows Revenue's plea against ITAT's inclusion of 2 comparables in American Express' case
May 22, 2026
- In Favour of Assessee
- Citation Number : TS-400-HC-2026(DEL)-TP
- Tax Payer : American Express (India) P. Ltd
Income tax Appellate Tribunal
ITAT: Upholds deletion of TP-adjustment w.r.t inter-unit power supply transfer value of power by CPPs
May 22, 2026
- In Favour of Assessee
- Citation Number : TS-394-ITAT-2026(Kol)-TP
- Tax Payer : SHYAM SEL AND POWER LIMITED
Income tax Appellate Tribunal
ITAT: TPO erred in rejecting segmental financials; Finds interest payment basis prior RBI-approval at ALP
May 22, 2026
- In Favour of Assessee
- Citation Number : TS-399-ITAT-2026(HYD)-TP
- Tax Payer : Curia India Private Limited
Income tax Appellate Tribunal
ITAT: Upholds CIT(A)’s exclusion and inclusion of comparables; Dismisses Revenue’s appeal
May 22, 2026
- In Favour of Assessee
- Citation Number : TS-398-ITAT-2026(Mum)-TP
- Tax Payer : APL Logistics (India) Private Limited
Income tax Appellate Tribunal
ITAT: Excludes payment to key managerial personnel while computing RPT percentage, restores comparables selection
May 22, 2026
- In Favour of Both, Partially
- Citation Number : TS-393-ITAT-2026(HYD)-TP
- Tax Payer : Hyundai Motor India Engineering Private Limited
Income tax Appellate Tribunal
ITAT: Upholds CIT(A) restricting ALP fee rate of corporate guarantee to 0.25%
May 21, 2026
- In Favour of Assessee
- Citation Number : TS-397-ITAT-2026(Kol)-TP
- Tax Payer : South City Projects (Kolkata) Ltd
Income tax Appellate Tribunal
ITAT: Upholds CIT(A)’s decision excluding 2 comparables, deleting TP adjustment qua IT support services
May 21, 2026
- In Favour of Assessee
- Citation Number : TS-396-ITAT-2026(Bang)-TP
- Tax Payer : 3M India Ltd
Income tax Appellate Tribunal
ITAT: Upholds deletion of TP adjustment qua corporate guarantee, as no fresh guarantee being issued for given AY
May 21, 2026
- In Favour of Assessee
- Citation Number : TS-392-ITAT-2026(Ahd)-TP
- Tax Payer : Cadila Pharmaceuticals Ltd
Income tax Appellate Tribunal
ITAT: Rectifies Tribunal-order; Directs TPO to grant working capital adjustment if found interlinked
May 21, 2026
- In Favour of Assessee
- Citation Number : TS-395-ITAT-2026(Bang)-TP
- Tax Payer : NTS Technology Services Pvt Ltd
Income tax Appellate Tribunal
ITAT: Deletes adjustment w.r.t interest on receivables; Economic impact embedded in working capital, TNMM analysis
May 20, 2026
- In Favour of Assessee
- Citation Number : TS-391-ITAT-2026(Ahd)-TP
- Tax Payer : Reckitt Benckiser Healthcare India Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Remits issues w.r.t considering correct financials, margin computation, working capital & risk adjustments
May 20, 2026
- In Favour of Assessee
- Citation Number : TS-390-ITAT-2026(DEL)-TP
- Tax Payer : Rockwell Automation India Pvt Ltd