“Taxing the Unreal?” – A Brief Walkthrough on Readiness for ‘Metaverse’ Era

HC: Partners of ‘unregistered-firm’ can't file recovery-suit alleging fraud against deceased partner

Navigating Tax and Transfer Pricing for Global Capability Centres (GCCs) in India: Key Considerations for MNCs

ITAT: Time window to utilise accumulated surplus funds, not curtailed by Sec. 11(3) amendment, applies prospectively

• In Favour of Assessee
• Citation Number : TS-1184-ITAT-2025(Ahd)

SEBI : Mandates demat issue of securities in case of Arrangement Schemes/share split/sub-division

HC: CBDT's monetary threshold circular applies to pending appeals, carve outs prospective

• In Favour of Assessee
• Citation Number : TS-1183-HC-2025(BOM)

DGFT revises export policy of Animal by-products in line with EU-Regulations

SC: Section 130 proceedings post-stock discrepancy found during survey invalid; Dismisses Revenue’s SLP

• In Favour of Petitioner
• Citation Number : TS-777-SC-2025-GST

HC: Sections 73/74 proceedings post-Stock discrepancy during survey valid, instead of section 130 proceedings

• In Favour of Petitioner
• Citation Number : TS-776-HC(ALL)-2025-GST

HC: Rejects Partner's plea for quashing cheque-dishonour complaint basis firm's non-impleadment, it being a 'curable defect'

HC: Permits conversion of writ petition into Sec. 37 Arbitration appeal

HC: “Absence of pre-trade authorisation not a handle to wriggle out of losses”; Dismisses appeal

HC: Dismisses co-op housing society's writ; Upholds arbitration despite non-signatory status

HC: Appoints arbitrator in PVR Inox lease dispute, given territorial jurisdiction of Delhi Courts

CBDT's TRACES notification on TDS returns activates Income-tax Act, 2025

ITAT: PCIT failed to take cognizance of proceedings forming part of ‘record’; Revision u/s 263 unjustified

• In Favour of Assessee
• Citation Number : TS-1181-ITAT-2025(Mum)

HC: Bank-guarantee commission not comparable w.r.t corporate guarantee, refers to Everest Kento ruling; Remits issue

• In Favour of Both, Partially
• Citation Number : TS-520-HC-2025(KER)-TP

ITAT: Documents seized during search to be read in entirety, not selectively; Confirms addition as unexplained investment

• In Favour of Assessee
• Citation Number : TS-1180-ITAT-2025(Ahd)

ITAT: Remits TP-adjustments w.r.t provision of ITeS, interest on outstanding receivables

• In Favour of Both, Partially
• Citation Number : TS-522-ITAT-2025(DEL)-TP

HC: Affirms ITAT's quashing of final assessment-order passed sans draft-order in remand proceedings

• In Favour of Assessee
• Citation Number : TS-512-HC-2025(KAR)-TP