Delhi HC examines nexus between GST Intelligence inputs and Income-tax reassessment u/s 148A

NCLAT: Default during Sec. 10A period bars initiation of CIRP; Cites SC's Ramesh Kamyal decision

NCLAT: Slams "intruder" to CIRP proceedings, upholds CoC commercial wisdom against mala-fide challenge resolution-plan

ITAT: Affirms revision u/s 263, as AO accepted explanation without examining statutory provisions

• In Favour of Revenue
• Citation Number : TS-1431-ITAT-2025(Ahd)

NCLT: Mere resignation of guarantor from corporate-debtor’s directorship doesn’t ‘automatically’ absolve him from obligations

NCLT: Corporate Debtor’s resolution plan approval doesn’t extinguish personal guarantor’s liability

NCLAT: Allows SBI's plea for personal insolvency against guarantors, given admission of demand-notice service

ITAT: Deletes Rs. 203 Cr disallowance; Sec. 80IA(10) not applicable as PPA with related party at ALP

• In Favour of Assessee
• Citation Number : TS-1430-ITAT-2025(Mum)

NCLT: Dissenting homebuyers can’t maintain independent challenge to CoC-approved resolution-plan; Relies on SC's Jaypee ratio

GSTN issues advisory on new simplified registration scheme under Rule 14A for small taxpayers

HC: Grants DTAA benefits to shipping profits; Accepts Singapore IRS certificate's genuineness

• In Favour of Assessee
• Citation Number : TS-1429-HC-2025(GUJ)

October GST collection rises 4.6% YoY to Rs. 1.95 lakh cr

AAR: Assignment of leasehold rights is a taxable supply, not outright sale; GCCI ratio inapplicable

• In Favour of Respondent
• Citation Number : TS-897-AAR(AP)-2025-GST

ITAT: Quashes Sec. 271A penalty for non-maintenance of book of accounts sans evidence of deliberate defiance

• In Favour of Assessee
• Citation Number : TS-1427-ITAT-2025(DEL)

ITAT: Denies depreciation on non-compete fees being ineligible intangible asset; Follows Sharp business decision

• In Favour of Both, Partially
• Citation Number : TS-1428-ITAT-2025(DEL)

ITAT: Additions u/s 153A based on third party statement unsustainable given no incriminating material found in search

• In Favour of Assessee
• Citation Number : TS-1426-ITAT-2025(DEL)

ITAT: Sets aside cryptic revisionary order u/s 263 passed without examining Assessee’s submission; Remits back for denovo adjudication

• In Favour of Assessee
• Citation Number : TS-1425-ITAT-2025(AGR)

OECD recognises India–Japan Partnership for efficiency in MAP resolutions

Govt. notifies CGST Rules amendment enabling grant of registration electronically within 3-working days

ITAT: Deletes disallowance of Director’s remuneration u/s 40A(2)(b) & unaccounted cash sales basis whatsapp chats

• In Favour of Assessee
• Citation Number : TS-1424-ITAT-2025(DEL)