CCI: BSNL with 2.09% share not dominant in telecom market; Rejects tender abuse complaint

SEBI: Slaps Rs. 35 lakh penalty on 4 entities for front-running trades, violating PFUTP Regulations

ITAT: No TDS on foreign remittances for commission & overseas warehousing charges; Deletes Sec. 40(a)(ia) addition

• In Favour of Assessee
• Citation Number : TS-1323-ITAT-2025(Mum)

NCLT: Initiates insolvency against Personal Guarantor citing valid service of demand-notice, fresh cause of action

Optional Presumptive Tax: A Pragmatic Solution to Tame India's PE Disputes !!

GSTN issues advisory against false claims about return filing under Invoice Management System

CBDT notifies Sec.10(46A)(b) exemption for ‘Jhansi Development Authority'

HC: Dismissing insurer's challenge citing settlement under coercion, financial distress, enforces arbitral award

ITAT: Wells Fargo's support service fees not FTS, sans satisfaction of ‘make available’ clause

• In Favour of Assessee
• Citation Number : TS-1321-ITAT-2025(Mum)

SC: Second SLP under SARFAESI Act not maintainable post borrower's withdrawal of previous petition

HC: Rejects MSME's plea to restrain Bank's SARFAESI action post account's classification as 'NPA'

HC: Rejects writ petition challenging DRT orders; Relegates individual to 'appeal' before DRAT

HC: 6% interest payable if refund unpaid within 60 days from First Authority order

• In Favour of Petitioner
• Citation Number : TS-848-HC(BOM)-2025-GST

ITAT: Society's unauthorized collection of SBNs not tax matter u/s 68; Deletes unexplained income addition

• In Favour of Assessee
• Citation Number : TS-1320-ITAT-2025(Bang)

SC: Quashes HC-order dismissing application for arbitrator appointment basis limitation bar, cites COVID exemption

ITAT: Upholds deletion of disallowance u/s.40(a)(i) qua expense reimbursement, notes no TP-adjustment made

• In Favour of Assessee
• Citation Number : TS-590-ITAT-2025(CHNY)-TP

HC: Quashes final assessment order passed sans draft order, follows precedent

• In Favour of Assessee
• Citation Number : TS-586-HC-2025(BOM)-TP

ITAT: Upholds adjustment w.r.t onshore/offshore services for Indian office of Chinese HO, follows precedents

• In Favour of Revenue
• Citation Number : TS-587-ITAT-2025(Ahd)-TP

ITAT: Payment for network connectivity & related services rendered outside India not ‘Royalty’ under India-UAE DTAA

• In Favour of Assessee
• Citation Number : TS-1319-ITAT-2025(Mum)

Reform of Customs Classification: The HSN Pied Piper