HC: Quashing Section-74 proceedings, rebukes dealer's 'harassment' under guise of fraud to invoke extended-period

• In Favour of Petitioner
• Citation Number : TS-806-HC(ALL)-2025-GST

ITAT: Deletes TP-adjustment qua interest on receivables; Considers net margin, debt-free status, etc

• In Favour of Assessee
• Citation Number : TS-550-ITAT-2025(DEL)-TP

ITAT: Deletes TP adjustment made on account of outstanding receivables; Follows earlier order

• In Favour of Assessee
• Citation Number : TS-548-ITAT-2025(DEL)-TP

ITAT: Directs inclusion of comparable passing turnover filter w.r.t benchmarking ITeS

• In Favour of Assessee
• Citation Number : TS-547-ITAT-2025(DEL)-TP

ITAT: Remits TP-adjustment w.r.t trading segment, TPO to examine if foreign-AE can be considered tested party

• In Favour of Both, Partially
• Citation Number : TS-549-ITAT-2025(Bang)-TP

Assessments Under Section 201 – A Nightmare Awaiting Manifestation

NCLAT: Sec. 61 proceedings at shareholders’ behest, ‘not maintainable’; Clarifies scope of ‘aggrieved person’

Aligning GST with Business Realities: Council and CBIC Clarify Post-Supply Discount Provisions

To Do or Not to Do: Navigating the Anti-Profiteering Dilemma

ITAT: Satisfaction of twin conditions u/s 36(1)(vii) r.w. Sec. 36(2) entitles deduction of bad debts written off

• In Favour of Assessee
• Citation Number : TS-1247-ITAT-2025(CHNY)

HC: Bunching adjudicatory proceedings for multiple assessment-years impermissible; Follows Madras-HC

• In Favour of Petitioner
• Citation Number : TS-805-HC(AP)-2025-GST

ITAT: Deletes addition for hypothetical income towards FSI entitlement, as based on conjectures/surmises

• In Favour of Assessee
• Citation Number : TS-1246-ITAT-2025(Mum)

Widening the Net of Fast-Track Mergers – A Step Towards NCLT Declogging

HC: Grants interim injunction to JioStar, bans piracy websites from streaming “Jolly LLB 3”

ITAT: Quashes reassessment proceedings, cites lack of valid notice & proof of service

• In Favour of Assessee
• Citation Number : TS-1245-ITAT-2025(DEL)

CBIC issues FAQs 3 and 4 on notifications revising rates, exemptions and Consumer Affairs advisory

AT PMLA: Quashes penalty for export non-realization, citing foreign tax deductions as valid

HC: Uploading of orders in GSTN-portal not “communication”; Limitation for appeal filing begins upon effective communication

• In Favour of Petitioner
• Citation Number : TS-804-HC(MAD)-2025-GST

AT PMLA: “Confessional statement without duress justifies conviction”; Reduces penalty imposed on broker

HC: Rejects post-adjudication compounding under FEMA; Upholds RBI’s dismissal of application