ITAT: Excludes Infosys Limited citing functional dissimilarity, huge brand value in case of captive service provider

• In Favour of Assessee
• Citation Number : TS-388-ITAT-2025(HYD)-TP

ITAT: Remits TP issue covered under APA, directs TPO to examine agreement between assessee and CBDT

• In Favour of Both, Partially
• Citation Number : TS-389-ITAT-2025(Kol)-TP

'BSC Beacon' - Tax & Regulatory Insights! | June 2025

HC: Rejection of Assessee’s books u/s 145(3), unjustified, sans any discrepancy/infirmity noted by Revenue

• In Favour of Assessee
• Citation Number : TS-879-HC-2025(CHAT)

AAR: Interest and costs awarded under arbitration for pre-GST matters, not taxable

• In Favour of Applicant
• Citation Number : TS-597-AAR(GUJ)-2025-GST

AT PMLA: Rejects appeals against property attachment in Maoist-linked money laundering case

AT PMLA: Affirms ED attachment in Jodhpur National University fake degree scam

HC: Directs accused's release in money laundering case relating to gold smuggling

HC: Reduces PMLA convict's sentence to 3.5 years considering impoverished background

Counting Days and Crossing Borders: Mahadevan’s Case On Non-Resident Status

HC: Confirms extended deadline for settlement applications; Allows Assessee to approach Interim Board

• In Favour of Assessee
• Citation Number : TS-878-HC-2025(KER)

NCLT: Permits withdrawal of co.’s voluntary liquidation, given unanimous stakeholder consent, no third-party impact

NCLT: Sanctions ArcelorMittal Nippon Steel’s scheme of amalgamation aimed at streamlining corporate structure

ITAT: ITAT: Kia Corporation’s guarantee fees falls under Article 22, not taxable in India

• In Favour of Assessee
• Citation Number : TS-877-ITAT-2025(Bang)

Closure of Business and ITC Refund—Reconciling Judicial Precedents and Statutory Gaps

HC: Proceedings initiated due to ‘mere change of opinion’, invalid; Quashes notice u/s 148

• In Favour of Assessee
• Citation Number : TS-875-HC-2025(KER)

ITAT: Condones delay by Nephrourology Institute due to Professional ill-advice; Rejects CIT(A) negligent approach

• In Favour of Assessee
• Citation Number : TS-874-ITAT-2025(Bang)

ITAT: ITAT: Reinsurance premium to Irish entity not taxable in India sans PE; Follows earlier order

• In Favour of Assessee
• Citation Number : TS-873-ITAT-2025(Mum)

HC: Service upon CA sans Assessee’s knowledge not sufficient service u/s 254; Condones delay of 2900 days

• In Favour of Assessee
• Citation Number : TS-872-HC-2025(BOM)

ITAT: Allows Sec. 80IA deduction despite belated Form 10CCB filing, form submission directory not mandatory

• In Favour of Assessee
• Citation Number : TS-871-ITAT-2025(ASR)