IFSCA: Notifies Payments Regulatory Board Regulations

SEBI: Issues conditions and modalities for Angel Funds under revised AIF framework

ITAT: Restores addition u/s 68, rules IDS disclosure of gains insufficient when transaction accepted as bogus

• In Favour of Assessee
• Citation Number : TS-1256-ITAT-2025(Mum)

HC: Sec. 54F relief subject to assessment, not prima facie findings; Allows excess capital-gains funds withdrawal

• In Favour of Both, Partially
• Citation Number : TS-1255-HC-2025(KER)

Madras HC's interim relief to Arcellor-Mittal in parallel audit by Central-Authorities; Impleads State Dept.

DGFT restricts ATS-8 imports below USD 111/kg till Sept 2026, exempts AA/EOU/SEZ

HC: Rejects ED's appeal challenging order quashing retention of CA's seized properties, emphasises strict procedural-compliance

CBIC issues corrigendum to IGST/UT notification revising rates on certain services

SC dismisses Nestle’s curative petition against MFN judgment.

ITAT: Unexplained cash sale addition impermissible sans rejection of books of accounts u/s 145(3) & acceptance of audited results

• In Favour of Assessee
• Citation Number : TS-1249-ITAT-2025(DEL)

ITAT: ITAT: Receipt for sale of copyrighted IFE video/audio content, not royalty; Follows Engineering analysis

• In Favour of Assessee
• Citation Number : TS-1250-ITAT-2025(DEL)

HC: HC: Quashes reassessment order passed without considering Assessee’s reply for breach of principle of natural justice

• In Favour of Assessee
• Citation Number : TS-1254-HC-2025(GUJ)

HC: Rejects CIT(E) order denying approval u/s 12AB, pre-judging trust's charitable activities at registration state impermissible

• In Favour of Assessee
• Citation Number : TS-1251-HC-2025(GUJ)

ITAT: Deletes Sec. 271D penalty on cash sale of agricultural land; Land not ‘capital asset’ outside scope of Sec. 269SS

• In Favour of Assessee
• Citation Number : TS-1252-ITAT-2025(HYD)

ITAT: Confirms dismissal of Revenue’s appeal for low tax effect, as exception under CBDT circular inapplicable

• In Favour of Assessee
• Citation Number : TS-1253-ITAT-2025(Mum)

SC: Delayed death from injury qualifies as ‘murder’, HC erred in altering conviction to ‘attempt to murder’

SC: Suit against void sale deed governed by 12-year Article 65, not 3-year Article 59 of Limitation Act

SC: Segregating MLA’s trial solely basis status for mere expediency, undermines justice-process integrity

SC: NUJS faculty’s sexual harassment complaint against Vice Chancellor time-barred; Upholds dismissal

SC: Counter-claim for specific performance not maintainable solely against co-defendant; Quashes HC order