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)

HC: Orders blocking of rogue websites Sci-Hub, Sci-Net citing copyright violations, contempt

HC: Quashes GAAR proceedings; Can't question timing of stock market transactions by investor

• In Favour of Assessee
• Citation Number : TS-1110-HC-2025(TEL)

HC: Penalty for ‘Transporter’ invokable against ‘Owner’ basis failure to produce documents at detention/seizure time

• In Favour of Respondent
• Citation Number : TS-741-HC(ALL)-2025-GST

SC: Supreme Court to decide scope of 'hearing' for borrower before banks can affix 'fraud' tag

Non-applicability of Interest u/s 234B & 234C on APA/MAP Income: A Case for Certainty

ITAT: Sec. 87A rebate has no "special rate income exclusion"; Law unambiguously clear

• In Favour of Assessee
• Citation Number : TS-1108-ITAT-2025(CHNY)

India’s Mines and Minerals Law 2.0”

HC: Directs Revenue to consider Assessee's voluntary payment as part payment under IDS, 2016

• In Favour of Assessee
• Citation Number : TS-1107-HC-2025(GUJ)

ITAT: TPO/DRP wrongly treated CCDs as including equity component, deletes Sec.36/37 disallowance but remits benchmarking

• In Favour of Both, Partially
• Citation Number : TS-488-ITAT-2025(Mum)-TP

ITAT: Capital gain on sale of asset received as gift from spouse, taxable in spouse’s hand, u/s 64(1)(iv)

• In Favour of Assessee
• Citation Number : TS-1106-ITAT-2025(Bang)

IFSCA: Permits IBUs to open foreign currency accounts for Indian residents

RBI: Issues discussion paper on review of Monetary Policy Framework

RBI: Issues draft circular revising Counterparty Credit Risk norms, seeks comments by Sept. 10

MCA: Apprises about initiatives for simplification, facilitation of start-up registrations

HC: No mandate to collect TCS on illegal mining compounding fees; Sets aside ITAT order

• In Favour of Assessee
• Citation Number : TS-1105-HC-2025(CHAT)

ITAT: Holds TPO not right in making adhoc disallowance of 50%; Remits ALP qua ‘other support services’

• In Favour of Assessee
• Citation Number : TS-485-ITAT-2025(Mum)-TP

HC: Upholds exclusion of Infosys BPO & TCS E-Services on ground of huge size and turnover

• In Favour of Assessee
• Citation Number : TS-481-HC-2025(KAR)-TP