HC: Penalty payment for goods release doesn’t absolve Proper-Officer from issuing section-129(3) order; Imposes costs

• In Favour of Petitioner
• Citation Number : TS-929-HC(TRI)-2025-GST

DRI seizes 30,000 pieces of smuggled Chinese firecrackers at Mundra Port under Operation “Fire Trail”

ITAT: Recording consolidated satisfaction note for various AYs fatal for assumption of jurisdiction u/s 153C

• In Favour of Assessee
• Citation Number : TS-1515-ITAT-2025(DEL)

ITAT: Quashes additions on PNB’s disallowance of interest, inter-office adjustment, NPI provisions & Sec. 14A

• In Favour of Assessee
• Citation Number : TS-1501-ITAT-2025(DEL)

ITAT: Deletes estimated profit addition on real-estate; AO erred in applying PCM sans books rejection

• In Favour of Assessee
• Citation Number : TS-1503-ITAT-2025(Mum)

ITAT: Deletes purchase disallowance as VAT–book difference from ITC reversal stood reconciled

• In Favour of Assessee
• Citation Number : TS-1502-ITAT-2025(Ahd)

HC: SEBI settlement can't shield accused from criminal prosecution in serious economic offences

HC: Misprint in renowned publication valid ground to condone delay in filing Form 9A

• In Favour of Assessee
• Citation Number : TS-1517-HC-2025(BOM)

ITAT: Excludes 7 comparables for SWD-service provider citing functional dissimilarity, huge turnover etc; Follows precedents

• In Favour of Assessee
• Citation Number : TS-666-ITAT-2025(HYD)-TP

ITAT: Deletes 271G penalty; Notes no failure by assessee to respond to notices, produce records

• In Favour of Assessee
• Citation Number : TS-667-ITAT-2025(Mum)-TP

ITAT: Assessee co. incorporated in 2016 ineligible for concessional 29% tax-rate under Finance Act, 2017

• In Favour of Revenue
• Citation Number : TS-1490-ITAT-2025(Mum)

ITAT: Deletes Sec. 50CA addition, cites AO cannot reject prescribed methods arbitrarily

• In Favour of Assessee
• Citation Number : TS-1516-ITAT-2025(DEL)

HC: Bars publisher from using “New Indian Express” mark outside permitted southern States & UTs

ITAT: Singapore Co.’s receipt from ‘Regional Service Agreement’ sans know-how transfer, not royalty

• In Favour of Assessee
• Citation Number : TS-1488-ITAT-2025(Mum)

Gauhati HC refuses interim relief in matter involving GST credentials misuse by private parties

Dispute-Prone Indicators in Indian Transfer Pricing – TP Audit readiness

Delhi HC recalls interim-relief to Ebix on bank-attachment; Cites discrepancies in attachment-letter receipt date

DGFT restricts import of jewellery and parts till April 2026 effective immediately

ITAT: Allows TDS credit in year of income declaration basis Form 71 despite deposit in subsequent AY

• In Favour of Assessee
• Citation Number : TS-1514-ITAT-2025(DEL)

HC: Arbitration mandatory for LLP disputes, even without express provision in Agreement, given Schedule I Entry 14