RBI: Releases Financial Stability Report; “Indian economy remains key driver of global growth”

Significant GST and Indirect Tax Rulings, Litigation Tracker, Notifications and Circulars for June 2025

40 Key Excerpts from Delhi ITAT ruling holding Essar Com non-resident given POEM in Mauritius

Govt. notifies Cost Inflation Index for FY 25-26 at 376

CBDT issues clarification regarding waiver on levy of interest u/s 201(1A)(ii)/ 206C(7)

HC: Calling it ‘extraordinary case’, HC stays Rs. 336 cr. damages against Amazon in major TM dispute

HC: Appoints sole arbitrator in property dispute, underscores “Kompetenz-Kompetenz”

HC: Delivery of signed award copy by Arbitral Tribunal, a valid delivery

HC: Award enforceable from date of signing & pronouncement, not from stamp-duty payment date

HC: MSME can’t resort to arbitration until conciliation under MSMED Act fails

NCLT: Sanctions Adani Properties’ resolution plans for two HDIL projects

HC: HC: Sets aside reassessment notices issued by JAO instead of FAO; Relies on Hexaware judgment sans SC stay

• In Favour of Assessee
• Citation Number : TS-850-HC-2025(MAD)

GST collections for June month rises 6.2% YoY to Rs. 1.85 lakh cr

PIB issues press release on 8 years of GST; FY 2024–25 collections hit all-time high ₹22.08 lakh crore, Deloitte survey reports 85% industry approval

Exemption denial on supply of 'electrical energy' generated through windmills before Karnataka HC

Taxsutra Compilation: International Tax Capsule - June 2025

Taxsutra Compilation: Domestic Tax Rulings - June 2025

HC: No bar on importing second-hand trademarked goods with disclosure; Rejects Western Digital’s injunction plea

ITAT: Holds Essar Com as non-resident given control & management in Mauritius, eligible for DTAA benefit

• In Favour of Assessee
• Citation Number : TS-849-ITAT-2025(DEL)

ITAT: Deletes AMP-adjustment as expenses related to distribution activities recovered through subvention income

• In Favour of Assessee
• Citation Number : TS-376-ITAT-2025(Mum)-TP