Non-applicability of Interest u/s 234B & 234C on APA/MAP Income: A Case for Certainty

ITAT: Sec. 87A rebate has no "special rate income exclusion"; Law unambiguously clear

• In Favour of Assessee
• Citation Number : TS-1108-ITAT-2025(CHNY)

India’s Mines and Minerals Law 2.0”

HC: Directs Revenue to consider Assessee's voluntary payment as part payment under IDS, 2016

• In Favour of Assessee
• Citation Number : TS-1107-HC-2025(GUJ)

ITAT: TPO/DRP wrongly treated CCDs as including equity component, deletes Sec.36/37 disallowance but remits benchmarking

• In Favour of Both, Partially
• Citation Number : TS-488-ITAT-2025(Mum)-TP

ITAT: Capital gain on sale of asset received as gift from spouse, taxable in spouse’s hand, u/s 64(1)(iv)

• In Favour of Assessee
• Citation Number : TS-1106-ITAT-2025(Bang)

IFSCA: Permits IBUs to open foreign currency accounts for Indian residents

RBI: Issues discussion paper on review of Monetary Policy Framework

RBI: Issues draft circular revising Counterparty Credit Risk norms, seeks comments by Sept. 10

MCA: Apprises about initiatives for simplification, facilitation of start-up registrations

HC: No mandate to collect TCS on illegal mining compounding fees; Sets aside ITAT order

• In Favour of Assessee
• Citation Number : TS-1105-HC-2025(CHAT)

ITAT: Holds TPO not right in making adhoc disallowance of 50%; Remits ALP qua ‘other support services’

• In Favour of Assessee
• Citation Number : TS-485-ITAT-2025(Mum)-TP

HC: Upholds exclusion of Infosys BPO & TCS E-Services on ground of huge size and turnover

• In Favour of Assessee
• Citation Number : TS-481-HC-2025(KAR)-TP

Navigating the Divide Between GST and Ind AS - Why Understanding Both is Crucial

HC: No monopoly over generic word “YATRA”; Rejects Yatra.com’s injunction plea against “BookMyYatra”

HC: Liberty shouldn't be denied on speculative fears when safeguards exist; Grants bail

HC: Confirms deletion of adjustment qua SDT of transfer of power, restriction of corporate guarantee at 0.5%

• In Favour of Assessee
• Citation Number : TS-487-HC-2025(CAL)-TP

AAR: Provision of employee's accommodation-services by Suzuki via third-party classifiable as 'perquisites'; Deductions not taxable

• In Favour of Applicant
• Citation Number : TS-739-AAR(GUJ)-2025-GST

HC: Merely advising co. to write-back loan insufficient to foist criminal liability; Quashes FIR against CA

HC: "Liberty to act in accordance with law" not license to breach limitation; Quashes reopening

• In Favour of Assessee
• Citation Number : TS-1104-HC-2025(KAR)