ITAT: Deletes Sec. 271(1)(c) penalty passed 17-years after CIT(A) order, for being time-barred basis Form 36

• In Favour of Assessee
• Citation Number : TS-1528-ITAT-2025(Mum)

SC: Tribunals Reforms Act, 2021 “falls afoul of constitutional supremacy doctrine”, “strikes at core of constitutional arrangement”

HC: Assessment post-amalgamation time-barred as prior order lacked Sec. 153(6) ‘finding’ or ‘direction’

• In Favour of Assessee
• Citation Number : TS-1527-HC-2025(BOM)

SC seeks detailed clarification on EWB–Weighment discrepancy before release, in seized Areca-Nuts case

HC: Dismisses writ challenging goods detained for excess quantity; Sees no illegality, natural justice violation

• In Favour of Petitioner
• Citation Number : TS-946-HC(CAL)-2025-GST

HC: Upholds ITAT’s decision confirming Sec.10AA deduction on assessee’s voluntary TP-adjustment pursuant to APA

• In Favour of Assessee
• Citation Number : TS-673-HC-2025(KAR)-TP

DRP vs CIT(A): Strategic Choices and Procedural Complexities in Tax Dispute Resolution

ITAT: Allows leave encashment benefit u/s 10(10A) for service with Government undertaking prior to restructuring

• In Favour of Assessee
• Citation Number : TS-1526-ITAT-2025(CHANDI)

SC : Quashes Tribunals Reforms Act key provisions, for violating separation of powers and judicial separation principles

ITAT: Third member holds rate of electricity purchased from SEB represents appropriate CUP for Sec.80IA purpose

• In Favour of Assessee
• Citation Number : TS-670-ITAT-2025(Mum)-TP

SC: Strikes down Tribunals Reforms Act 2021 as unconstitutional

ITAT: Nominal members cannot be treated separately for deduction u/s 80P(2)(a)(i)

• In Favour of Assessee
• Citation Number : TS-1525-ITAT-2025(Bang)

SC: Dismisses challenge to arbitral award in loan default case; 24% interest not against ‘public policy’

ITAT: Rejects belated jurisdictional challenge u/s 124(3)(c); Affirms 35% gross profit rate as consistent & justified

• In Favour of Both, Partially
• Citation Number : TS-1523-ITAT-2025(Mum)

Delhi HC to examine vires of SCN issued post special-audit in breach of statutory procedure

NCLT: Foreign citizenship no bar for initiating bankruptcy; Admits SBI's plea against US citizen personal-guarantor

ITAT: Excludes functionally dissimilar comparables with huge turnover; Applies LIBOR + 200 bps for outstanding receivables

• In Favour of Both, Partially
• Citation Number : TS-668-ITAT-2025(HYD)-TP

SC admits Revenue’s SLP on validity of Sec. 148 notice to non-existent entity post-amalgamation

ITAT: Directs TPO/AO to consider TP documentation & segmental details afresh for computing ALP

• In Favour of Assessee
• Citation Number : TS-669-ITAT-2025(COCH)-TP

HC: Circular restricting ‘deemed export ’ refund cannot be invoked to deny refund to ‘actual exporter’

• In Favour of Petitioner
• Citation Number : TS-945-HC(GUJ)-2025-GST