Govt. extends import duty exemption on Cotton till Dec. 31

SC stays Bombay HC judgment in Viacom on royalty, PE issues

SC: Even Rajeev Bansal ratio fails to rescue Revenue's hopelessly delayed SLP

• In Favour of Assessee
• Citation Number : TS-1116-SC-2025

ITAT: Rejects CIT(A)'s bifurcation exercise, absent such provision u/s 10AA; Allows full exemption

• In Favour of Assessee
• Citation Number : TS-1115-ITAT-2025(DEL)

SC stays retrospective penalty-proceedings u/s 122(1A) for ITC-fraud, to examine applicability on non-taxable person

Orissa HC stays Rs. 231 cr demand against Vedanta, challenging vires of ISD provisions

NCLAT: Upholds NCLT's CIRP rejection against solvent PSU extracting Rare Earths for defence sector

ITAT: Despite new flat purchase significantly pre-dating old flat sale, allows Sec. 54 exemption

• In Favour of Assessee
• Citation Number : TS-1114-ITAT-2025(Mum)

DGFT suspends SION for several food products; Exporters may shift to Advance Authorization Route

SC to examine taxability of Goa-University’s affiliation service to colleges ; Issues notice

NCLT: Allows CIRP-withdrawal basis settlement with majority financial-creditors; Dismisses minority objectors’ claims

A New Chapter in Tax Litigation: The Power of Deferral u/s 158A & 158AB

HC: Interest on FDs directly linked to business, eligible for Sec. 80IA deduction; Sets aside ITAT order

• In Favour of Assessee
• Citation Number : TS-1113-HC-2025(BOM)

SEBI: Clarifies on acquisition of shares by Merchant Banker, of co. whose public issue it managed

ITAT: Rules on comparables for subscription/service/SWD segments, grants WCA, follows earlier order

• In Favour of Both, Partially
• Citation Number : TS-490-ITAT-2025(Mum)-TP

ITAT: Rules on comparables under marketing support services segment; Remits TP-adjustment qua delayed receivables

• In Favour of Assessee
• Citation Number : TS-484-ITAT-2025(DEL)-TP

ITAT: Upholds assessment order as being within limitation, remits adjustments w.r.t SWD services & loan

• In Favour of Both, Partially
• Citation Number : TS-486-ITAT-2025(HYD)-TP

ITAT: Third Member quashes assessment, absent valid transfer order & Sec.143(2) notice by JAO

• In Favour of Assessee
• Citation Number : TS-1112-ITAT-2025(DEL)

Delhi- HC grants interim-stay to Rotary's subsidiary on taxability of club-membership-fees under RCM

ITAT: No TDS on foreign remittance for services rendered outside India; Deletes addition u/s 40(a)(i)

• In Favour of Assessee
• Citation Number : TS-1111-ITAT-2025(Mum)