IFSCA: Approves framework for issuance and listing of Transition Bonds

SEBI: Issues Master circular on Stock Brokers

SEBI: Releases Consultation Paper on modification of Unique Client Code by Market Makers

SEBI: Publishes Consultation Paper on extending certain flexibilities under accreditation framework

ITAT: Accepting Assessee’s claim overlooking legal provisions & without enquiry, erroneous; Upholds revision

• In Favour of Assessee
• Citation Number : TS-826-ITAT-2025(Bang)

NCLAT: Rejects dissenting financial creditor's appeal against 'CoC-backed' resolution plan involving composite acquisition

CBDT notifies Sec.10(46A)(b) exemption for Food Safety and Standards Authority of India

ITAT: Rejects CUP owing to fundamental differences, considers AE as tested party for TNMM application

• In Favour of Assessee
• Citation Number : TS-369-ITAT-2025(Ahd)-TP

HC: Goods mismatch in tax invoice and transport a clerical error; Quashes confiscation

• In Favour of Petitioner
• Citation Number : TS-560-HC(KAR)-2025-GST

ITAT: CIT(A) cannot alter addition made by AO during assessment sans prior SCN to Assessee

• In Favour of Assessee
• Citation Number : TS-824-ITAT-2025(Mum)

ITAT: CIT(A) order in deceased’s name void ab initio, cites AO failed to intimate about death

• In Favour of Assessee
• Citation Number : TS-825-ITAT-2025(Bang)

ITAT: Receipts from sale of carbon credits, ‘capital receipts’ not chargeable to tax

• In Favour of Assessee
• Citation Number : TS-823-ITAT-2025(Ahd)

ITAT: Refuses to condone delay in Dept.’s appeal, administrative work not sufficient cause

• In Favour of Assessee
• Citation Number : TS-821-ITAT-2025(Bang)

ITAT: Gifts received on occasion of marriage exempt u/s 56(2)(vii), even if credited later

• In Favour of Assessee
• Citation Number : TS-820-ITAT-2025(Mum)

ITAT: TDS demand u/s 194J on charter service payment solely basis TAR sans independent inquiry, unsustainable

• In Favour of Assessee
• Citation Number : TS-819-ITAT-2025(Mum)

ITAT: Notice issued u/s 148A barred by limitation, holds clear non-application of mind by AO

• In Favour of Assessee
• Citation Number : TS-812-ITAT-2025(Ahd)

CBDT relaxes time limit for processing valid returns pursuant to Sec. 119(2)(b) order

Refund of Accumulated Credit -The Great 'Closure' Dilemma

MoF notifies protocol amending India-Oman DTAA u/s 90(1)

AT PMLA: Dismisses appeal against attachment of mortgaged property; Urges ED to attach direct ‘proceeds of crime’