HC: Cheque ‘altered’ without drawer’s consent, a 'material alteration', doesn’t attract liability; Acquits accused

HC: Cheque dishonour for due to blocked acocunt doesn’t attract Sec. 138, “funds insufficiency” essential

HC: Rejects ‘sleeping partner’s’ plea to quash cheque dishonour case absent proof of ‘non-involvement’

ITAT: Directs AO to allow Vodafone's Network rental expense deduction, as DRP ruled Sec. 40A(2)(b) inapplicable

• In Favour of Assessee
• Citation Number : TS-1368-ITAT-2025(Mum)

ITAT: Rules on comparables for electrical equipment manufacturer, rejects NIL ALP of IGS

• In Favour of Assessee
• Citation Number : TS-616-ITAT-2025(Bang)-TP

ITAT: Recharacterization of CCDs as equity not justified; Directs proportionate disallowance of interest capitalized to WiP

• In Favour of Assessee
• Citation Number : TS-613-ITAT-2025(DEL)-TP

ITAT: Deletes TP-adjustment qua AMP expense, remits royalty payment issue; Follows earlier orders

• In Favour of Both, Partially
• Citation Number : TS-612-ITAT-2025(DEL)-TP

ITAT: Deletes adjustment w.r.t allocation of regional headquarter charges, accepts TNMM and aggregation approach

• In Favour of Assessee
• Citation Number : TS-615-ITAT-2025(PUN)-TP

Fresh claim in the Assessment Proceedings

HC: Litigants cannot bypass pre-suit mediation under CC Act citing false urgency in TM suits

SC: Absence of PE or subsisting-contract no ground to deny business continuity; Overturns HC's 'anachronistic' interpretation

• In Favour of Assessee
• Citation Number : TS-1364-SC-2025

The Pre-deposit Conundrum in GSTAT Era

HC: Upholds MLA’s arrest in illegal online betting scam citing ED’s valid “reasons to believe”

SC issues notice against Delhi HC-judgment over negative-blocking of ITC under Rule 86A

NCLT: Admits Lepton Software's insolvency petition against BluSmart Mobility Tech over unpaid operational debt

Evaluating RBI's Scale-Based Regulation Framework for Core Investment Companies

ITAT: Lack of foundational prerequisites for invocation of Sec. 2(47), given no valid ‘transfer’; Deletes LTCG addition

• In Favour of Assessee
• Citation Number : TS-1367-ITAT-2025(VIZ)

Madras HC dismisses appeal against Tata-Play ruling applying SC’s COVID-order for recalculating limitation

CBDT releases 7th APA Annual Report for FY 2024-25, highlights first MAPA signing

GSTN releases FAQs on GSTR-9/9C for FY 2024-25 after portal enablement