DGFT enables electronic verification of IEC application details, merges Form ANF-1A with ANF-2A

ITAT: Restores issues emanating from buy-back of shares sans proper appreciation of detailed documents

• In Favour of Assessee
• Citation Number : TS-1555-ITAT-2025(CHNY)

HC: Limitation Act applicable to SARFAESI proceedings; Remands delay-condonation matter to DRT

HC: Restores appeals dismissed for delay for ends of Justice in peculiar facts, subject to deposit

• In Favour of Petitioner
• Citation Number : TS-961-HC(ALL)-2025-GST

Incisive Analysis of Netflix Ruling on Recharacterisation as Full-Fledged Entrepreneurial Service Provider

SC: Mere ‘defective’ affidavit in Sec. 7 insolvency plea, ‘curable’, doesn’t render petition non-est

ITAT: ITAT: Restores issues on disallowances of advisory & legal expenses to CIT(A) for fresh verification

• In Favour of Both, Partially
• Citation Number : TS-1549-ITAT-2025(Bang)

ITAT: Adequate enquiry by AO bars PCIT’s Sec. 263 action; Quashes revision on software depreciation

• In Favour of Assessee
• Citation Number : TS-1535-ITAT-2025(Bang)

ITAT: Cash from duly recorded property sale explains deposits; Deletes Sec. 69A addition

• In Favour of Assessee
• Citation Number : TS-1533-ITAT-2025(Mum)

ITAT: Excess refund of advances received by HUF from Karta constitutes ‘capital receipt’, not taxable

• In Favour of Assessee
• Citation Number : TS-1532-ITAT-2025(Mum)

ITAT: NR’s investment in residential property from foreign-source not taxable as unexplained investment in India

• In Favour of Assessee
• Citation Number : TS-1524-ITAT-2025(Mum)

SEBI: Levies Rs. 1.08 cr. penalty on 13 entities for front-running, "disturbing basic tenets of market fairness"

ITAT: Rejects income attribution sans PE/business connection in India; Holds sales commission, royalty not taxable

• In Favour of Assessee
• Citation Number : TS-1554-ITAT-2025(DEL)

AAR: Rented residential dwellings from unregistered persons for staff quarters attract GST under reverse charge

• In Favour of Respondent
• Citation Number : TS-960-AAR(KER)-2025-GST

AAR: GST applicable on interim-wage paid by manpower service recipient to outsourced-workers during Covid-19 period

• In Favour of Respondent
• Citation Number : TS-959-AAR(KER)-2025-GST

Reflections on Indian TP controversies – " Profits attributable to PE

AAR: Landowner’s share of constructed flats as consideration for development rights transferred to promoter, taxable

• In Favour of Respondent
• Citation Number : TS-958-AAR(KER)-2025-GST

HC: Compliance with HC direction barring TDS deduction cannot make Assessee in default u/s 201

• In Favour of Assessee
• Citation Number : TS-1553-HC-2025(KER)

SC: SC to hear dispute concerning ‘salary’ payable u/s 53(1)(c) of IBC, on December 2

SC: SC to hear challenge to Reg. 21A of Information Utilities Regulations