ITAT: Satisfaction of twin conditions u/s 36(1)(vii) r.w. Sec. 36(2) entitles deduction of bad debts written off

• In Favour of Assessee
• Citation Number : TS-1247-ITAT-2025(CHNY)

HC: Bunching adjudicatory proceedings for multiple assessment-years impermissible; Follows Madras-HC

• In Favour of Petitioner
• Citation Number : TS-805-HC(AP)-2025-GST

ITAT: Deletes addition for hypothetical income towards FSI entitlement, as based on conjectures/surmises

• In Favour of Assessee
• Citation Number : TS-1246-ITAT-2025(Mum)

Widening the Net of Fast-Track Mergers – A Step Towards NCLT Declogging

HC: Grants interim injunction to JioStar, bans piracy websites from streaming “Jolly LLB 3”

ITAT: Quashes reassessment proceedings, cites lack of valid notice & proof of service

• In Favour of Assessee
• Citation Number : TS-1245-ITAT-2025(DEL)

CBIC issues FAQs 3 and 4 on notifications revising rates, exemptions and Consumer Affairs advisory

AT PMLA: Quashes penalty for export non-realization, citing foreign tax deductions as valid

HC: Uploading of orders in GSTN-portal not “communication”; Limitation for appeal filing begins upon effective communication

• In Favour of Petitioner
• Citation Number : TS-804-HC(MAD)-2025-GST

AT PMLA: “Confessional statement without duress justifies conviction”; Reduces penalty imposed on broker

HC: Rejects post-adjudication compounding under FEMA; Upholds RBI’s dismissal of application

Net Direct Tax collection increase by 9.18%, Advance Tax collection increase by 6.11%

CBIC issues corrigendum to notifications revising GST rates and exemptions

15 grounds on which SEBI gave clean chit to Adani group in Hindenburg case

Netherlands : Highlights of 2026 Tax Plan: Heavier Box 3 Taxation, Scaling Back of Expat Benefits

ITAT: Rectifies inadvertent mistake between order pronounced in open Court & findings in written order

• In Favour of Assessee
• Citation Number : TS-1240-ITAT-2025(Bang)

ITAT: Quashes reassessment citing mechanical sanction basis mere ‘change of opinion’ sans new material

• In Favour of Assessee
• Citation Number : TS-1239-ITAT-2025(DEL)

ITAT: Temple trust providing daily food-service eligible for registration u/s 80G; Quashes CIT(E)’s denial

• In Favour of Assessee
• Citation Number : TS-1237-ITAT-2025(Bang)

SEBI: Hindenburg allegations against Adani Group ‘not established’; Gives clean chit

ROC Adjudication Orders Referencer