ITAT: Deletes 3% net-profit addition post rejection of books u/s 145(3) basis assumptions sans material

• In Favour of Assessee
• Citation Number : TS-1058-ITAT-2025(Mum)

Govt. extends ADD on Chinese Fluoroelastomers & EU's Toluene Diisocyanate till 2026

ITAT: Affirms Sec. 270A penalty for non-disclosure of foreign exchange gains; Revised computation no shield

• In Favour of Revenue
• Citation Number : TS-1048-ITAT-2025(Mum)

ITAT: MLI provisions unenforceable sans separate notification; Relies on Nestle, highlights Revenue's contradicting stand

• In Favour of Assessee
• Citation Number : TS-1085-ITAT-2025(Mum)

ITAT: Directs CIT(E) to grant registration u/s 12AB given assessee commenced activities, genuineness established

• In Favour of Assessee
• Citation Number : TS-1031-ITAT-2025(Bang)

SEBI: Fines Trade Nexa for charging fees without signed agreements, false profit guarantees

SEBI: Slaps Rs. 6 lakh penalty on Research Analyst for engaging in fraudulent, unfair trade practices

SAT: Allows cross-examination of audit firm partner in Cox & Kings case

Petroleum’s Pandora’s Box - Exploring the Legal Maze of Windfall Tax

SAT: Slams SEBI's ‘lackadaisical approach’, ‘inordinate delay’ in issuing show cause notice

HC: Order passed on original return ignoring validly filed revised return, vitiates assessment proceedings

• In Favour of Assessee
• Citation Number : TS-1084-HC-2025(TRI)

DGFT exempts DIA imports from customs duties; No exemption from Integrated Tax & Compensation Cess

HC: Quashes dismissal of Marriott’s trademark opposition, remands matter for fresh hearing

HC: Temporarily bars use of mark “RED BIG BULL” infringing Red Bull’s TM

HC: Interimly restrains use of marks infringing Hugo Boss’s TM “BOSS”

HC: Temporarily restrains manufacture of counterfeit electronics infringing TM “HDMI”

HC: Interim ban on use of marks identical to Sanofi’s TM “COMBIFLAM”

HC: Temporarily bars use of marks infringing Hero MotoCorp’s registered TMs “DESTINY”, its variants

HC: Grants dynamic+ injunction against rogue websites infringing FanCode’s broadcast rights

HC: Interimly bars use of mark infringing Mankind Pharma’s TM “PREGA NEWS”