CBDT to take call on tax audit due date extension today; Matter now in Delhi HC

GSTAT becomes operational, addresses pendency via staggered appeal-filing; Issues user advisory

SC: “Party autonomy takes precedence over Arbitral Tribunal’s discretion”; Compound interest at execution-stage, impermissible

DGFT mandates APEDA registration for Non-Basmati Rice export

AT PMLA: Upholds ED’s attachment over properties, citing COVID deadline-extension, equivalent values for siphoned proceeds

SC: Rejects actress Jacqueline Fernandez's SLP to quash money laundering case

HC: Grants bail to accused in illegal sand-mining case citing prolonged incarceration, right to speedy trial

HC: Grants bail to PMLA-accused basis ED’s failure to inform ‘grounds of arrest’ to relatives

ITAT: Assessee entitled to entire TDS credit basis Form 26AS, including receipts on foreign-principal’s behalf

• In Favour of Assessee
• Citation Number : TS-1269-ITAT-2025(Mum)

After Rajasthan, Karnataka HC directs CBDT to extend tax audit due date

HC: Inclusion/Exclusion of comparable will have no bearing; Disposes Revenue's appeal

• In Favour of Assessee
• Citation Number : TS-555-HC-2025(DEL)-TP

Madras HC to examine sustainability of Sec-74 orders sans foundational ingredients; Tags matter

ITAT: Manual approval u/s 151 post-issuance of notice u/s 148, invalid; Quashes assessment & appellate orders

• In Favour of Assessee
• Citation Number : TS-1268-ITAT-2025(DEL)

ITAT: Quashes 263 order as being invalid, restores final assessment order

• In Favour of Assessee
• Citation Number : TS-557-ITAT-2025(Mum)-TP

HC: Directs DRP, Delhi to hear assessee’s objections as draft and TPO orders passed locally

• In Favour of Assessee
• Citation Number : TS-556-HC-2025(BOM)-TP

HC: Adjudicates TechM's writ against entity-level TP-adjustment; Restrains Rs. 1155 cr recovery w.r.t excess adjustment

• In Favour of Assessee
• Citation Number : TS-554-HC-2025(BOM)-TP

DGFT notifies additional policy condition for 2G Ethanol export with immediate effect

SEBI: Slaps Rs. 25 lakh penalty on ‘cousins’ for insider trading in co.'s scrip

HC: Rejects Fox & Mandal’s plea seeking consolidation of TM-infringement, passing off proceedings

HC: Interimly restrains Real estate developer from infringing Select Citywalk’s TMs