ITAT: Manual approval u/s 151 post-issuance of notice u/s 148, invalid; Quashes assessment & appellate orders

• In Favour of Assessee
• Citation Number : TS-1268-ITAT-2025(DEL)

ITAT: Quashes 263 order as being invalid, restores final assessment order

• In Favour of Assessee
• Citation Number : TS-557-ITAT-2025(Mum)-TP

HC: Directs DRP, Delhi to hear assessee’s objections as draft and TPO orders passed locally

• In Favour of Assessee
• Citation Number : TS-556-HC-2025(BOM)-TP

HC: Adjudicates TechM's writ against entity-level TP-adjustment; Restrains Rs. 1155 cr recovery w.r.t excess adjustment

• In Favour of Assessee
• Citation Number : TS-554-HC-2025(BOM)-TP

DGFT notifies additional policy condition for 2G Ethanol export with immediate effect

SEBI: Slaps Rs. 25 lakh penalty on ‘cousins’ for insider trading in co.'s scrip

HC: Rejects Fox & Mandal’s plea seeking consolidation of TM-infringement, passing off proceedings

HC: Interimly restrains Real estate developer from infringing Select Citywalk’s TMs

HC: Temporary ban on manufacturing products bearing mark “SPARK INDIA”

HC: Sets aside patent rejection order citing violation of natural justice principles

HC: Interimly bars manufacturing of counterfeit automotive lighting products bearing TM “HELLA”

Admissibility of electronic records in customs proceedings – SC’s Exception Carved Out in Suresh Kumar Ruling

CCI: No dominance abuse by GMR entities in line maintenance services at Hyderabad Airport

ITAT: Accounting method followed regularly cannot be rejected, no tax-loss as effect equalized in subsequent AYs

• In Favour of Assessee
• Citation Number : TS-1267-ITAT-2025(DEL)

NCLT: Discovery of concealed assets, an 'exceptional' circumstance; Allows extension of liquidation period

NCLT: Rejects Tahsildar's claim for building tax-dues, given corporate-debtor's liquidation estate 'fully realised'

NCLAT: Limitation period for Sec. 9 application to be governed by Article 137 of Limitation Act, not Article 1

HC: Closes writ on complaints against liquidators; Directs adherence to IBBI's Grievance Handling framework

HC: Issues interim order extending Tax Audit due date, given technical glitches

ITAT: Forex fluctuation gain, capital receipt, as underlying expenditure for acquiring capital asset

• In Favour of Assessee
• Citation Number : TS-1266-ITAT-2025(DEL)