SC: Quashes convictions in mob-murder case; Courts must apply 'rule of prudence', mere presence not enough

SC: Admissibility of disclosure statement limited to discovery of fact; Acquits murder accused

SC: Balances recreation and ecology, holds Public Trust Doctrine extends to man-made waterbodies

SC: Quashes bail orders suffering from procedural irregularities; Orders Judicial Officers to undergo training

SC: Auction based on illegal mortgage invalid; Orders refund with interest to innocent purchaser

HC: Revives stalled international arbitration; Overturns injunction, given no agreement frustration despite amended rules

DGFT revises import policy for renewable energy equipment; Restricts Sulfadiazine API imports

ITAT: ITAT: Fishing & roving enquiries under garb of reopening, impermissible; Quashes reassessment against Huawei

• In Favour of Assessee
• Citation Number : TS-1332-ITAT-2025(DEL)

HC: Lifts trading restraint on nominee-directors accused of falsifying co.'s accounts, given unsubstantiated complicity

GST Reforms Set to Boost India’s GCC Hub Ambitions

ITAT: Deletes TP-adjustment for royalty payment following assessee’s earlier order

• In Favour of Assessee
• Citation Number : TS-596-ITAT-2025(DEL)-TP

ITAT: Dismisses appeal as withdrawn since TP issues resolved under India-US MAP resolution

• In Favour of None/NA
• Citation Number : TS-594-ITAT-2025(HYD)-TP

ITAT: Excludes Maxim SMT Technologies since it does not qualify trading turnover filter

• In Favour of Assessee
• Citation Number : TS-595-ITAT-2025(PUN)-TP

ITAT: Directs recomputing margins, exclude domestic revenue/expenditure and rework comparability afresh

• In Favour of Both, Partially
• Citation Number : TS-597-ITAT-2025(HYD)-TP

ITAT: ITAT: Repair & Maintenance services of aircraft, not FTS, sans satisfaction of ‘make available’ clause

• In Favour of Assessee
• Citation Number : TS-1331-ITAT-2025(DEL)

Judicial Pronouncements in IP Sphere - A Recap!

HC: Rejects Zanmai Labs' plea against Arbitral-tribunal’s bank security order in WazirX crypto theft case

Delhi HC to examine vires of circulars withdrawing exemption on education affiliation services

IBC Round-Up – September 2025

ITAT: Rural agricultural-land not capital asset u/s 2(14), aerial distance measurement amendment not retrospective

• In Favour of Assessee
• Citation Number : TS-1330-ITAT-2025(DEL)