ITAT: Reinsurance premium to Irish entity not taxable in India sans PE; Follows earlier order

• In Favour of Assessee
• Citation Number : TS-873-ITAT-2025(Mum)

HC: Service upon CA sans Assessee’s knowledge not sufficient service u/s 254; Condones delay of 2900 days

• In Favour of Assessee
• Citation Number : TS-872-HC-2025(BOM)

ITAT: Allows Sec. 80IA deduction despite belated Form 10CCB filing, form submission directory not mandatory

• In Favour of Assessee
• Citation Number : TS-871-ITAT-2025(ASR)

ITAT: Deletes Sec. 68 addition on penny stock gains, disproves AO’s allegation of share price rigging

• In Favour of Assessee
• Citation Number : TS-876-ITAT-2025(Mum)

HC: Before passing order, serve reminder by RPAD etc, after serving SCN via portal upload

• In Favour of Petitioner
• Citation Number : TS-596-HC(MAD)-2025-GST

HC: Citing alternate appeal remedy, rejects challenge against confiscation order

• In Favour of Respondent
• Citation Number : TS-595-HC(KAR)-2025-GST

HC: Directs to follow appeal procedure as per Trade Circular and make pre-deposit

• In Favour of Not Available
• Citation Number : TS-594-HC(BOM)-2025-GST

HC: Cannot by pass pre-deposit citing financial hardship; Relegates to appellate remedy

• In Favour of Petitioner
• Citation Number : TS-593-HC(BOM)-2025-GST

HC: Upholds registration cancellation for failure to disprove fake ITC, fictitious address

• In Favour of Respondent
• Citation Number : TS-592-HC(BOM)-2025-GST

HC: Remands matter directing the Revenue to re-consider ITC claim on construction of leased building

• In Favour of Petitioner
• Citation Number : TS-591-HC(KAR)-2025-GST

Chennai ITAT directs consolidated hearing of JAO Vs FAO cases post Madras HC judgment

Lithuania : Lithuania Transposes DAC8 for Crypto Assets Service Providers, Introduces Rollback of APAs

SEBI: Proposes to ease conversion of Private Listed InvITs into Public InvITs

SEBI: Opens 6-month special window for re-lodgement of rejected physical share transfers

SEBI: Mandates Common Contract Note with Single VWAP for multi-venue trades from June 27

RBI: Prohibits prepayment charges on individual, MSE floating loans from Jan 1, 2026

CBDT clarifies tax treatment under Unified Pension Scheme

HC: Hypertechnical approach cannot be ground for assumption of jurisdiction to reopen assessment

• In Favour of Assessee
• Citation Number : TS-870-HC-2025(GUJ)

CCI: Fines Publishers and Booksellers’ Association, its office-bearers for unfair, restrictive practices

Maharashtra Govt. introduces legislation for settling pre-GST arrears of PSU’s