ITAT: Rules on TP-adjustment w.r.t sale of traded goods, notes one-off transaction not 'separate segment'

• In Favour of Both, Partially
• Citation Number : TS-763-ITAT-2025(DEL)-TP

ITAT: Deletes TP adjustment qua specified domestic transaction; Follows Texport HC-decision

• In Favour of Assessee
• Citation Number : TS-764-ITAT-2025(Rjt)-TP

ITAT: Holds Agency and Marketing support services as distinct segments; Remits issue

• In Favour of Assessee
• Citation Number : TS-765-ITAT-2025(DEL)-TP

HC: Government subsidy under rehabilitation scheme, a capital receipt not revenue receipt; Purpose test to be applied

• In Favour of Assessee
• Citation Number : TS-1694-HC-2025(MAD)

HC: Quashes reassessment notice as original period of limitation expired; Follows Rajeev Bansal

• In Favour of Assessee
• Citation Number : TS-1692-HC-2025(ALL)

HC: Documentary evidence, prolonged custody, valid ground for bail in Rs. 160 cr ITC-fraud case

• In Favour of Petitioner
• Citation Number : TS-1026-HC(P&H)-2025-GST

Curative Petitions and Recent Developments - Part II

ITAT: Quashes Sec. 69 addition beyond limited scrutiny, flags breach of mandatory CBDT approval norms

• In Favour of Assessee
• Citation Number : TS-1693-ITAT-2025(CHNY)

HC: Refuses injunction against mark “HOM”, holds acronyms lack source-identifying distinctiveness for TM protection

Artificial Intelligence & Transfer Pricing: The Strategic Imperative for Global Businesses

Navigating the Aftermath - A Review of the Xiaomi India Ruling

NCLT: Rejects liquor wholesaler’s insolvency application against Khao Gali Restaurants

NCLT: Initiates bankruptcy process against former Deccan Chronicle promoter

Has Hyatt Laid A Hiatus to Physical Presence Test?

Bombay HC stays SCN on taxability of corporate guarantee issued to Reliance Power

ITAT: Allotment letter an enforceable agreement, satisfies Contract Act for Sec. 56(2)(vii)(b) proviso; Deletes addition

• In Favour of Assessee
• Citation Number : TS-1691-ITAT-2025(Mum)

AT PMLA: Upholds FEMA penalty over forex loan extended without RBI-approval

AT PMLA: “Customs Act proceedings independent of FEMA”; Reduces penalty citing credible retracted statements

HC: FEMA proceedings civil, not criminal; Protection for women under Cr.P.C. Sec. 160 inapplicable to ED summons

CBDT notifies transfers/postings & assigns additional charge to officers in Pr.CCIT/Pr.DGIT/CCIT/DGIT grade