Rulings ( 11633 results )
Income tax Appellate Tribunal
ITAT: Excludes comparables basis high revenue, intangibles, different FY, etc under software support & ITeS segments
May 15, 2026
- In Favour of Assessee
- Citation Number : TS-379-ITAT-2026(DEL)-TP
- Tax Payer : AON Consulting Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Excludes comparable citing financial irregularity qua EDS segment, deletes adjustment qua support services
May 15, 2026
- In Favour of Assessee
- Citation Number : TS-378-ITAT-2026(CHNY)-TP
- Tax Payer : Danfoss Industries Pvt Ltd
Income tax Appellate Tribunal
ITAT: Disapproves TPO’s ‘mechanical’ rejection of comparables, deletes adjustments qua interest on receivables, royalty, IGS
May 15, 2026
- In Favour of Both, Partially
- Citation Number : TS-380-ITAT-2026(Bang)-TP
- Tax Payer : WIPRO GE Health Care Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Rules on TP-adjustments qua working capital, corporate head charges and interest on trade receivables
May 14, 2026
- In Favour of Assessee
- Citation Number : TS-377-ITAT-2026(CHNY)-TP
- Tax Payer : C H Robinson Worldwide Freight India Pvt Ltd
Income tax Appellate Tribunal
ITAT: Holds no adjustment on account of notional interest on delayed receivables is warranted
May 14, 2026
- In Favour of Assessee
- Citation Number : TS-376-ITAT-2026(Bang)-TP
- Tax Payer : Infosys BPM Limited
Income tax Appellate Tribunal
ITAT: Deletes double disallowance u/s.40A(2)(b) r.w.s 37; Restricts corporate guarantee commission to 0.5%
May 13, 2026
- In Favour of Assessee
- Citation Number : TS-369-ITAT-2026(CHNY)-TP
- Tax Payer : MRF Limited
Income tax Appellate Tribunal
ITAT: Rules on TP-adjustments qua corporate guarantee, software cost allocation, inter-unit power supply
May 13, 2026
- In Favour of Assessee
- Citation Number : TS-375-ITAT-2026(DEL)-TP
- Tax Payer : SRF Limitted
High Court
HC: Dismisses Revenue’s appeals on issues relating to application of BLT method and royalty payment
May 13, 2026
- In Favour of Assessee
- Citation Number : TS-374-HC-2026(DEL)-TP
- Tax Payer : Sony India Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Directs TPO to allow working capital adjustment for benchmarking ALP
May 12, 2026
- In Favour of Assessee
- Citation Number : TS-373-ITAT-2026(CHNY)-TP
- Tax Payer : Intersnack Cashew India Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Holds final assessment order passed by AO in defiance of DRP’s directions as null and void
May 12, 2026
- In Favour of Assessee
- Citation Number : TS-372-ITAT-2026(CHNY)-TP
- Tax Payer : HSI Automotive Private Limited
Income tax Appellate Tribunal
ITAT: Dismisses TP ground related to margin computation as it now stands rectified
May 12, 2026
- In Favour of None/NA
- Citation Number : TS-371-ITAT-2026-TP
- Tax Payer : Capgemini Technology Services India Ltd (formerly known as IGATE Global Solutions Ltd)
Income tax Appellate Tribunal
ITAT: Remits economic adjustments towards working capital and capacity utilization
May 12, 2026
- In Favour of Assessee
- Citation Number : TS-370-ITAT-2026(CHNY)-TP
- Tax Payer : Valeo India Private Limited
Income tax Appellate Tribunal
ITAT: Allows Sec.80-IA deduction, considers rate of power supply by TNEB to its customers; Follows precedent
May 11, 2026
- In Favour of Assessee
- Citation Number : TS-365-ITAT-2026(CHNY)-TP
- Tax Payer : Eveready Spinning Mills Pvt. Ltd
Income tax Appellate Tribunal
ITAT: Quashes final assessment order passed without issuing draft order u/s.144C, follows precedents
May 11, 2026
- In Favour of Assessee
- Citation Number : TS-368-ITAT-2026(CHNY)-TP
- Tax Payer : Transworld Garnet India Pvt. Ltd.
Income tax Appellate Tribunal
ITAT: Remits issue of ALP determination of management fee for fresh examination
May 08, 2026
- In Favour of Assessee
- Citation Number : TS-367-ITAT-2026(CHNY)-TP
- Tax Payer : Flexible Steel Lacing Company Pvt. Ltd
Income tax Appellate Tribunal
ITAT: DRP-directions uploaded on ITBA portal & sent to AO on same date; Quashes time-barred assessment against Dr. Reddy’s Laboratories
May 08, 2026
- In Favour of Assessee
- Citation Number : TS-366-ITAT-2026(HYD)-TP
- Tax Payer : Dr. Reddy’s Laboratories Limited
High Court
HC: Chapter-X mandate provides AO no 'jurisdictional immunity' for lapse in computing tax-exempt profit u/s.80IA
May 08, 2026
- In Favour of Revenue
- Citation Number : TS-364-HC-2026(CAL)-TP
- Tax Payer : SHYAM SEL AND POWER LIMITED
Income tax Appellate Tribunal
ITAT: Upholds deletion of TP-adjustment qua loan, adoption of 0.35% as guarantee commission; Follows precedents
May 07, 2026
- In Favour of Both, Partially
- Citation Number : TS-359-ITAT-2026(Mum)-TP
- Tax Payer : JSW Steel Ltd
Income tax Appellate Tribunal
ITAT: Adopts split 50:50 w.r.t guarantee commission under interest saving approach; Clarifies, not 'standard practice'
May 07, 2026
- In Favour of Assessee
- Citation Number : TS-358-ITAT-2026(Mum)-TP
- Tax Payer : ACG Associated Capsules Pvt Ltd
Income tax Appellate Tribunal
ITAT: Excludes comparable citing use of data not falling within relevant FY, allegations of fraud
May 07, 2026
- In Favour of Assessee
- Citation Number : TS-362-ITAT-2026(Bang)-TP
- Tax Payer : IBM India Pvt. Ltd.