ITAT: Deletes adjustment qua interest on outstanding receivables; Applies 1% rate for guarantee commission

• In Favour of Assessee
• Citation Number : TS-452-ITAT-2025(DEL)-TP

ITAT: Sets aside final assessment order as not passed within time limit u/s. 144C

• In Favour of Assessee
• Citation Number : TS-450-ITAT-2025(Bang)-TP

ITAT: Rejects CUP as MAM for benchmarking export transaction and royalty payment; Deletes adjustments

• In Favour of Assessee
• Citation Number : TS-449-ITAT-2025(Mum)-TP

ITAT: Upholds TPO’s findings as DRP’s directions were substantially followed

• In Favour of Revenue
• Citation Number : TS-451-ITAT-2025(Kol)-TP

No GST relief proposal for mining operations, Government clarifies in Loksabha

NCLT: Directs Excise Dept. to handover corporate debtor’s ‘locked and sealed’ assets to RP

The Pre-deposit Dilemma under GST

Strategic Tax Lessons from India’s Oval Test Victory!

ITAT: Allows mining company’s contribution to SPV as business expenditure u/s 37, as mandated by SC

• In Favour of Assessee
• Citation Number : TS-1016-ITAT-2025(Mum)

HC: Interimly restrains infringement of L’Oréal’s TM “MAYBELLINE FIT ME”

HC: Affirms injunction against school using mark “GLOBAL PUBLIC SCHOOL”

HC: Grants interim injunction against mark infringing TM “NEXTECH SENSORS & CONTROLS”

HC: Temporarily restrains sale of counterfeit pens infringing TM “MONTBLANC”

HC: Temporarily bars use of mark “MEGNUS” infringing Greaves’ TM “MAGNUS” for e-scooters

HC: Temporarily restrains use of mark “HILTON CLOUD RESORT” infringing Hilton’s TM

HC: Interim ban on use of marks infringing L&T’s TM “L&T Valves”

HC: Temporarily restrains use of mark & packaging deceptively similar to “KEI” TM

SC: Allows arbitration despite pendency of criminal proceedings, citing ‘existence of arbitration agreement’

ITAT: Invocation of Sec. 153A unsustainable sans initiation of search despite warrant issuance

• In Favour of Assessee
• Citation Number : TS-1014-ITAT-2025(DEL)

CBDT amends Income Tax Rule 21AK