Govt. permits MRP revision on unsold stock following rate changes

HC: Upholds disallowance towards delayed PF payments; Explanation 5 to Sec. 43B, clarificatory

• In Favour of Revenue
• Citation Number : TS-1187-HC-2025(DEL)

Special Court SEBI: Convicts co.’s Directors for failing to pay SEBI penalties; Directs 6 months imprisonment

ITAT: Rules on comparables for ITeS-provider considering turnover, brand-value, TPO's search matrix, merger

• In Favour of Revenue
• Citation Number : TS-518-ITAT-2025(Bang)-TP

ITAT: Holds PCIT lacks authority to assume jurisdiction u/.s 263 to revise final assessment order

• In Favour of Both, Partially
• Citation Number : TS-524-ITAT-2025(Mum)-TP

NCLT: Allows merger of 11 construction cos. aiming to achieve simplified corporate structure

ITAT: Remands matter to CIT(A), cites failure to address AO's findings on unexplained crypto transactions

• In Favour of Assessee
• Citation Number : TS-1186-ITAT-2025(Mum)

NCLT: Allows demerger & amalgamation scheme aimed at achieving cost efficiencies

NCLT: Rejects merger of 11 cos. citing negative net-worth, lack of credible financial viability

NCLT: Approves Reliance Velocity’s merger with Reliance Infrastructure

HC: Denial of cross-examination in adjudication vitiates proceedings; Grants relief to JSW Steel

• In Favour of Petitioner
• Citation Number : TS-778-HC(KAR)-2025-GST

HC: E-commerce presence treated as physical-shop location; Upholds Commercial Court’s jurisdiction in TM “POLO” dispute

HC: Mere paper compliance not enough to escape tax on unexplained funds; Confirms addition u/s 68

• In Favour of Revenue
• Citation Number : TS-1185-HC-2025(CHAT)

“Taxing the Unreal?” – A Brief Walkthrough on Readiness for ‘Metaverse’ Era

HC: Partners of ‘unregistered-firm’ can't file recovery-suit alleging fraud against deceased partner

Navigating Tax and Transfer Pricing for Global Capability Centres (GCCs) in India: Key Considerations for MNCs

ITAT: Time window to utilise accumulated surplus funds, not curtailed by Sec. 11(3) amendment, applies prospectively

• In Favour of Assessee
• Citation Number : TS-1184-ITAT-2025(Ahd)

SEBI : Mandates demat issue of securities in case of Arrangement Schemes/share split/sub-division

HC: CBDT's monetary threshold circular applies to pending appeals, carve outs prospective

• In Favour of Assessee
• Citation Number : TS-1183-HC-2025(BOM)

DGFT revises export policy of Animal by-products in line with EU-Regulations