SEBI: Cautions investors against social-media messages, apps claiming to offer market access through FPIs

SEBI: Stock brokers to submit half-yearly net-worth certificate on March 31 and Sept. 30

IFSCA: Publishes Consultation Paper on proposed Performance Review Committee Regulations

MCA: Amends Companies (Incorporation) Rules, Revises Form RD-1

HC: Grants ITC refund for compensation cess paid on coal, holding it distinct from CGST/IGST laws

• In Favour of Petitioner
• Citation Number : TS-758-HC(BOM)-2025-GST

HC: Taxability of Parliament construction in Mauritius by Foreign-Branch-Office , HC directs filing of reply; Dismisses writ

• In Favour of Respondent
• Citation Number : TS-757-HC(MAD)-2025-GST

HC: Quashes addition u/s 69A, criticizes AO for guesswork in demonetization cash deposit case

• In Favour of Assessee
• Citation Number : TS-1137-HC-2025(CHAT)

SC: Dismisses Revenue’s SLP against Delhi HC’s order on adjudicating ITC admissibility whilst deciding refund-claim

• In Favour of Petitioner
• Citation Number : TS-756-SC-2025-GST

ITAT: Allows carry forward of long-term capital loss on post-2017 share sale u/s 74; Clarifies DTAA & loss carry forward rules

• In Favour of Assessee
• Citation Number : TS-1136-ITAT-2025(Mum)

HC: Dismisses plea for appointing Arbitrator outside of SAROD panel, underscores ‘institutional arbitration’ importance

HC: Whether Revenue can decide ITC admissibility while adjudicating refund claim; Issues notice

• In Favour of Petitioner
• Citation Number : TS-755-HC(DEL)-2025-GST

IPO Expenses and Tax Deductibility: Rethinking the Norms in 2025

AAR: Raincoats made of PVC sheet, not man-made fibres, attract 18% GST

• In Favour of Not Available
• Citation Number : TS-754-AAR(WB)-2025-GST

ITAT: Quashes revision qua unexplained share application money; AO’s view plausible basis due inquiry

• In Favour of Assessee
• Citation Number : TS-1132-ITAT-2025(DEL)

ITAT: Leased aircraft at exclusive disposal of lessee, no PE under India-Ireland DTAA; Follows Sky high ruling

• In Favour of Assessee
• Citation Number : TS-1126-ITAT-2025(Mum)

ITAT: Quashes reassessment sans mandatory procedure u/s 148A; Dispatch date sine qua non for issuance u/s 148

• In Favour of Assessee
• Citation Number : TS-1131-ITAT-2025(DEL)

HC: Allows unconditional grant of stay, Tribunal orders binding on Revenue, directs expeditious disposal

• In Favour of Assessee
• Citation Number : TS-1125-HC-2025(BOM)

AAR: Hotel’s accommodation-services to RBI at contracted rate of below Rs. 7500/day, taxable at 12%

• In Favour of Applicant
• Citation Number : TS-753-AAR(WB)-2025-GST

HC: Upholds assessment u/s 147 on evaluation of ‘surviving period’ following coordinate bench directions in Kanwaljeet Kaur

• In Favour of Revenue
• Citation Number : TS-1134-HC-2025(DEL)

AAR: Freedeem app offering discount-coupons liable to registration, collect TCS as E-commerce operator

• In Favour of Not Available
• Citation Number : TS-752-AAR(GUJ)-2025-GST