HC: Quashes Rs. 37 cr demand on Instakart over bunching of SCN/order; Allows fresh FY-wise proceedings

• In Favour of Petitioner
• Citation Number : TS-769-HC(MAD)-2025-GST

ITAT: Upholds 'other method' qua interest on receivables & ALP-commission @ 1.4% on guarantee

• In Favour of Revenue
• Citation Number : TS-513-ITAT-2025(Mum)-TP

ITAT: Loan to Managing Director is deemed dividend, basis lack of evidence for bona fide business purpose

• In Favour of Assessee
• Citation Number : TS-1167-ITAT-2025(Mum)

HC: Affiliation and related university fees, educational activities neither “Business” nor “Supply” under GST; Quashes demand

• In Favour of Petitioner
• Citation Number : TS-770-HC(KAR)-2025-GST

HC: Quashes SCN and order clubbed and issued for more than one FY

• In Favour of Petitioner
• Citation Number : TS-768-HC(MAD)-2025-GST

ITAT: Reassessment u/s 147 without fresh tangible material, invalid, upholds order passed u/s 143(3) r.w. Sec. 153A

• In Favour of Assessee
• Citation Number : TS-1166-ITAT-2025(CHNY)

SEBI: Penalises Co., KMPs for circular trading fraud, manipulating financials, siphoning funds

SEBI: Narrows REIT ‘public’ definition, aligns valuation & disclosure timelines with financial reporting

GSTAT: With unquantified claims extinguished post-resolution plan approval, closes anti-profiteering case against Puma Realtors

• In Favour of Appellant
• Citation Number : TS-767-GSTAT(DEL)-2025-GST

SEBI: Introduces special provisions for delisting regime for PSUs

SEBI: Expands scope of Investor Protection & Education Fund to include delisting proceeds

IBBI: Amends Continuing Professional Education guidelines for Insolvency Professionals

ITAT: Deletes loss disallowance for alleged misuse of CCM facility, citing Revenue’s failure to prove

• In Favour of Assessee
• Citation Number : TS-1165-ITAT-2025(DEL)

ITAT: Penalty u/s 271(1)(c) not leviable on addition based solely on estimation sans direct evidence

• In Favour of Assessee
• Citation Number : TS-1161-ITAT-2025(Mum)

ITAT: Deletes Sec. 69 addition towards unexplained investment given source duly established

• In Favour of Assessee
• Citation Number : TS-1158-ITAT-2025(Bang)

ITAT: Order u/s 143(3) passed prior to insertion of Sec. 234D cannot be treated as regular assessment

• In Favour of Assessee
• Citation Number : TS-1152-ITAT-2025(CHANDI)

Prime Minister lauds GST Council’s overwhelming consensus on Government’s rate-rejig proposals

HC: Directs SEBI to audit CRB Mutual Funds’ Scheme; Entrusts Special-Committee’s functions to Special-Cell

ITAT: Allows depreciation on business/commercial rights arising from slump sale, follows earlier ruling

• In Favour of Assessee
• Citation Number : TS-1150-ITAT-2025(Mum)

ITAT: Sec. 249(4)(b) liability of advance-tax to be calculated on ‘admitted income’, not ‘assessed income’

• In Favour of Assessee
• Citation Number : TS-1146-ITAT-2025(Ahd)