ITAT: Dismisses J P Morgan’s appeal as withdrawn being covered by Advance Pricing Agreement

• In Favour of Assessee
• Citation Number : TS-499-ITAT-2025(Mum)-TP

ITAT: Excludes comparables under SWD and contract R&D services segments; Follows earlier order

• In Favour of Assessee
• Citation Number : TS-495-ITAT-2025(Kol)-TP

SEBI: Disposes of proceedings against Indian Oil employee, his in-laws for alleged insider trading

ITAT: Third Member quashes reassessment due to Revenue's failure to prove service of notice

• In Favour of Assessee
• Citation Number : TS-1129-ITAT-2025(DEL)

Taxsutra & Coortus Advisors Present M&A Rulings Digest - August, 2025!

HC: Interimly restrains use of mark deceptively similar to TM “GULSHAN DHABA”

HC: Orders cancellation of mark “UNKIND” for infringing Mankind Pharma’s “KIND” family marks

HC: Temporary ban on unauthorized use of well-known “NDTV” trademark across digital platforms

ITAT: Management & consultancy services, sans satisfaction of ‘make available’ clause, not FTS under India-Singapore DTAA

• In Favour of Assessee
• Citation Number : TS-1128-ITAT-2025(DEL)

AAR: No GST under reverse-charge basis on trading and purchase of construction materials from unregistered persons

• In Favour of Applicant
• Citation Number : TS-749-AAR(TN)-2025-GST

AAR: Job work for cutting metallic film rolls attracts 12% GST

• In Favour of Applicant
• Citation Number : TS-748-AAR(GUJ)-2025-GST

AAR: Antisera-based diagnostic kits attract 5% levy; Follows Span Diagnostics judgment

• In Favour of Applicant
• Citation Number : TS-747-AAR(GUJ)-2025-GST

AAR: Non-edible grade Castor Oil, obtained from spent earth, Hexane solvent, taxable @5%

• In Favour of Applicant
• Citation Number : TS-745-AAR(GUJ)-2025-GST

Rupee breaches 88/$, hits record low

HC: Refers admiralty dispute to arbitration, relies on Cox & Kings ratio

ITAT: Incidental incomes part of business profits; Infosys eligible for deduction u/s 10AA

• In Favour of Assessee
• Citation Number : TS-1127-ITAT-2025(Bang)

To MLI or Not to MLI?

HC: Notices sent to GST-Practitioner 'sufficient communication '; Dismisses writ with costs

• In Favour of Petitioner
• Citation Number : TS-746-HC(DEL)-2025-GST

NCLT: Entities authorized by financial regulators deemed 'Financial Service Providers', excluded from CIRP purview

HC: Basis non-issuance of SCN after investigation, Delhi-HC to examine validity of fresh re-attachment u/s-83