ITAT: Accepts assessee's comparables’ selection; Directs granting working capital adjustment

• In Favour of Both, Partially
• Citation Number : TS-692-ITAT-2025(Mum)-TP

ITAT: Upholds assessee’s claim for deduction u/s. 80IA for inter unit transfer of power

• In Favour of Assessee
• Citation Number : TS-690-ITAT-2025(Mum)-TP

ITAT: Rules on comparables qua back-office support services, imputes 0.04% rate on comfort letter

• In Favour of Both, Partially
• Citation Number : TS-691-ITAT-2025(Mum)-TP

ITAT: Reduced shareholding due to fresh share issue, not relinquishment of right; Deletes STCG addition

• In Favour of Assessee
• Citation Number : TS-1563-ITAT-2025(DEL)

ITAT: Deletes TP-adjustment qua Management Fees, notes overall margin accepted under TNMM

• In Favour of Assessee
• Citation Number : TS-689-ITAT-2025(Mum)-TP

TR-6 Challans - A Case of Payment Accepted but Credit Denied

HC: Quashes rejection of Pharmacyclics LLC’s divisional patent, remands matter for fresh examination

HC: Restrains vet pharma Co. from infringing Mankind Pharma’s TM “CALCIMUST”

HC: Quashes AO’s final assessment order passed without awaiting DRP’s directions; Follows precedents

• In Favour of Assessee
• Citation Number : TS-683-HC-2025(KAR)-TP

HC: Temporarily restrains fraudulent websites misusing Baxter’s TMs; Orders domain suspension

HC: Interim ban on infringement of Sun Pharma’s marks and “REVITAL” trade dress

HC: Bars misuse of Content Creator Raj Shamani’s persona, orders takedown of AI-deepfakes

HC: Restrains misuse of Jaya Bachchan’s personality rights, directs removal of AI-generated content

NCLT: Rejects insolvency petition against liquor license holder, citing operational creditor’s ‘self-contradictory’ pleadings

NCLT: Sec. 43 timeline can’t extend for corporate debtor’s ‘potential’ related party

NCLT: Allows withdrawal of CIRP application before CoC formation

NCLT: Revocation of continuing guarantee affects ‘future advances’, not ‘existing defaulted debt’

Unlocking Startup Tax Savings Under Section 80-IAC

HC: Remands SEZ refund matter citing Revenue’s failure to consider Brittania-ruling and for factual verification

• In Favour of Petitioner
• Citation Number : TS-967-HC(BOM)-2025-GST

SC stays HC order on issue of taxability of compensation received on JV termination