ITAT: Allows FTC credit despite delay in filing Form-67, CBDT procedure notified post ITR filing

• In Favour of Assessee
• Citation Number : TS-1023-ITAT-2025(Bang)

ITAT: Draft order not amenable to revision; Cannot invoke Sec.263 if assessment is void

• In Favour of Assessee
• Citation Number : TS-454-ITAT-2025(Mum)-TP

ITAT: Confirms Sec. 68 addition on suspicious penny stock gains, cites lack of genuineness

• In Favour of Revenue
• Citation Number : TS-1021-ITAT-2025(Mum)

ITAT: Employees seconded to Indian subsidiary, doesn’t constitute PE, as not controlled by Japanese-Assessee

• In Favour of Assessee
• Citation Number : TS-1028-ITAT-2025(DEL)

SC: “Bar of review should not come in NCLAT’s way”; Dismisses ineligible PRA’s challenge

SC: Rejects Operational Creditor’s challenge to resolution plan approval, citing 'indirect' proceedings, belated appeal

Political Affiliation is Not a Disqualification: In Defence of Judicial Integrity

ITAT: Trust running facilities for girl-students across communities eligible for Sec. 12AB exemption

• In Favour of Assessee
• Citation Number : TS-1022-ITAT-2025(Bang)

ITAT: No TDS u/s 194J on IUC & roaming charges; Allows Vodafone Idea depreciation on 3G spectrum usage

• In Favour of Assessee
• Citation Number : TS-1027-ITAT-2025(Mum)

Day 1 of Bhushan Steel insolvency hearing sees duelling contentions before SC

ITAT: ITAT: Investment in partnership firms yielding profits to be considered for computing disallowance u/s 14A

• In Favour of Assessee
• Citation Number : TS-1020-ITAT-2025(Mum)

ITAT: Confirms disallowance of purchase and sundry creditors, absent evidence substantiating genuineness of transactions

• In Favour of Assessee
• Citation Number : TS-1015-ITAT-2025(Mum)

AAAR: Ruling is void due to non-disclosure of facts regarding misclassification-proceedings; Applies Section 104

• In Favour of Appellant
• Citation Number : TS-697-AAAR(GUJ)-2025-GST

AAAR: ITC available on construction of concrete towers for manufacturing high voltage cables

• In Favour of Appellant
• Citation Number : TS-696-AAAR(GUJ)-2025-GST

SC to pronounce judgment tomorrow in Shelf Drilling case on Sec. 144C - Sec. 153 limitation period interplay.

ITAT: ITAT: Upholds Sec. 271(1)(c) penalty for non-disclosure of house property income; Rejects ‘inadvertent mistake’ plea

• In Favour of Assessee
• Citation Number : TS-1013-ITAT-2025(Mum)

ITAT: Condones 4900-days delay basis availment of alternative remedy of rectification on covered issue

• In Favour of Assessee
• Citation Number : TS-1012-ITAT-2025(Bang)

ITAT: Best judgement assessment u/s 144 cannot be construed as lack of enquiry; Quashes revision

• In Favour of Assessee
• Citation Number : TS-986-ITAT-2025(Mum)

ITAT: Upholds deletion of adjustment made by invoking Sec.92BA(i) after omission by Finance Act, 2017

• In Favour of Assessee
• Citation Number : TS-445-ITAT-2025(RAI)-TP

ITAT: Impairment provision only accounting entry, includes comparable for FedEx India

• In Favour of Assessee
• Citation Number : TS-453-ITAT-2025(Mum)-TP