Rulings ( 11942 results )

Filters
Income tax Appellate Tribunal

ITAT: Deletes TP-adjustments w.r.t interest on receivables and aircraft engine lease-rental for GE, USA

  • In Favour of Both, Partially
  • Citation Number : TS-690-ITAT-2026(Mum)-TP
  • Tax Payer : General Electric Company C/o. Price Waterhouse Coopers Pvt. Ltd
Income tax Appellate Tribunal

ITAT: Deletes TP addition in respect of brokerage payment made by assessee; Follows precedents

  • In Favour of Assessee
  • Citation Number : TS-597-ITAT-2024(Mum)-TP
  • Tax Payer : Ferani Hotels Pvt Ltd
Supreme Court

SC: Dismisses Revenue’s SLP w.r.t comparables selection in case of Samsung India on ground of delay

  • In Favour of Assessee
  • Citation Number : TS-686-SC-2026-TP
  • Tax Payer : SAMSUNG INDIA ELECTRONICS LTD
Income tax Appellate Tribunal

ITAT: Selection of different comparable, mere difference in ALP determination insufficient for Sec.271(1)(c) penalty

  • In Favour of Assessee
  • Citation Number : TS-680-ITAT-2026(RAN)-TP
  • Tax Payer : Usha Martin Limited
Income tax Appellate Tribunal

ITAT: APA-relevance for non-covered AY cannot be discarded absent change in FAR; Rules on comparables

  • In Favour of Assessee
  • Citation Number : TS-685-ITAT-2026(Mum)-TP
  • Tax Payer : Utimaco Technologies Private Limited
Income tax Appellate Tribunal

ITAT: Holds margin under BAPA for US AEs applies to non US-AE transactions; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-683-ITAT-2026(Mum)-TP
  • Tax Payer : Morgan Stanley Advantage Services Pvt Ltd
Income tax Appellate Tribunal

ITAT: Prefers internal TNMM over external TNMM for benchmarking provision of ITeS; Follows earlier orders

  • In Favour of Assessee
  • Citation Number : TS-684-ITAT-2026(DEL)-TP
  • Tax Payer : Majorel India Pvt. Ltd (Earlier known as Bertelsmann Marketing Services India Pvt. Ltd)
Income tax Appellate Tribunal

ITAT: Date of completion/authentication, not date mentioned in body of assessment order, relevant for limitation

  • In Favour of Assessee
  • Citation Number : TS-687-ITAT-2026(HYD)-TP
  • Tax Payer : Invesco (India) Private Limited
Income tax Appellate Tribunal

ITAT: Holds internal CUP preferable where comparable data available, deletes interest adjustment on Masala Bonds

  • In Favour of Assessee
  • Citation Number : TS-682-ITAT-2026(DEL)-TP
  • Tax Payer : SEIL ENERGY INDIA LIMITED
Income tax Appellate Tribunal

ITAT: Deletes ad-hoc adjustment of Rs.357.35 cr made against UCB India without applying prescribed method

  • In Favour of Assessee
  • Citation Number : TS-681-ITAT-2026(Mum)-TP
  • Tax Payer : UCB India Pvt Ltd
Income tax Appellate Tribunal

ITAT: Allows assessee's MA, rectifies apparent errors; States other observations of earlier order remain unchanged

  • In Favour of Assessee
  • Citation Number : TS-679-ITAT-2026(DEL)-TP
  • Tax Payer : Oracle India Pvt. Ltd.
High Court

HC: Sets aside TPO's order passed without issuing SCN u/s.92C(3); Notice u/s.92CA(2) seeking information not 'SCN'

  • In Favour of Assessee
  • Citation Number : TS-676-HC-2026(BOM)-TP
  • Tax Payer : Flyjac Logistics Private Limited
Income tax Appellate Tribunal

ITAT: Disapproves Revenue's manner of filing appeal, affirms CIT(A)'s remand w.r.t ALP of selling commission

  • In Favour of Assessee
  • Citation Number : TS-677-ITAT-2026(Bang)-TP
  • Tax Payer : MPHASIS SOFTWARE AND SERVICES (INDIA) PRIVATE LIMITED
Income tax Appellate Tribunal

ITAT: Restricts corporate guarantee to 0.5% instead of 4%; Follows earlier order

  • In Favour of Assessee
  • Citation Number : TS-678-ITAT-2026(RAN)-TP
  • Tax Payer : Usha Martin Limited
Income tax Appellate Tribunal

ITAT: Directs fresh verification of TP-adjustments qua US tax return preparation, secondment and software support services

  • In Favour of Both, Partially
  • Citation Number : TS-673-ITAT-2026(Mum)-TP
  • Tax Payer : Sureprep (India) Private Limited
Income tax Appellate Tribunal

ITAT: Holds no deduction allowed on TP-enhanced income; Rules on IGS/ITeS adjustments

  • In Favour of Both, Partially
  • Citation Number : TS-675-ITAT-2026(DEL)-TP
  • Tax Payer : MANPOWERGROUP SERVICES INDIA PRIVATE LIMITED
Income tax Appellate Tribunal

ITAT: Sets aside CIT(A)-order dismissing assessee's appeal; Holds physical filing of appeal within limitation period

  • In Favour of Assessee
  • Citation Number : TS-674-ITAT-2026(VIZ)-TP
  • Tax Payer : SNF (India) Pvt Ltd
Income tax Appellate Tribunal

ITAT: Excludes comparables failing RPT filter, being Govt-owned & functionally dissimilar w.r.t sourcing support services

  • In Favour of Assessee
  • Citation Number : TS-669-ITAT-2026(DEL)-TP
  • Tax Payer : Newtimes Development India Private Limited
Income tax Appellate Tribunal

ITAT: Allows capacity utilization adjustment given Covid-19 pandemic impact, deletes TP-addition for captive ITES-provider

  • In Favour of Assessee
  • Citation Number : TS-672-ITAT-2026(CHNY)-TP
  • Tax Payer : Arcadia Consulting Services Private Limited
Income tax Appellate Tribunal

ITAT: Rules on comparables selection, TP adjustment qua interest on delayed trade receivables

  • In Favour of Both, Partially
  • Citation Number : TS-671-ITAT-2026(Bang)-TP
  • Tax Payer : ELANCO INNOVATION AND ALLIANCE CENTRE INDIA LLP