ITAT: Mere difference in margins no ground to discard internal comparables under TNMM, deletes TP-adjustment

• In Favour of Assessee
• Citation Number : TS-794-ITAT-2025(Bang)-TP

HC: Rejects Revenue's submission that timelines u/s.144C(13) are not applicable in remand proceedings

• In Favour of Assessee
• Citation Number : TS-795-HC-2025(BOM)-TP

Tax Treaty Entitlement for a Fiscally Transparent Partnership

SC: Arbitration “commences” on receipt of Sec. 21 notice, not on filing Sec. 11 application

CCI: Rejects anti-competitive conduct complaint against Sundar Pichai, Apple and others, citing vague allegations

SC: Sec. 21 notice not mandatory for all arbitration claims; Reverses HC ruling, upholds arbitral award

ITAT: ITAT: Holds unsecured advances not ‘deemed dividend’, as Assessee not beneficial shareholder; Deletes Sec.2(22)(e) addition

• In Favour of Assessee
• Citation Number : TS-1749-ITAT-2025(DEL)

NCLT: Approves Booker India’s scheme of amalgamation aimed at streamlining corporate structure

NCLT: Approves HPCL-Mittal Pipelines’s scheme of amalgamation, given no objections

NCLT: Approves scheme of arrangement filed by Freecharge Payment Technologies

NCLT: Approves Amazon Transportation’s scheme of amalgamation with updated appointed date

Redefining Associated Enterprises: A Step Towards Clarity or a Leap into Complexity?

SC to examine legal embargo u/s 142(6) prohibiting refund of transitioned credit; Admits Revenue’s appeal

CBDT notifies Sec.10(46A)(b) exemption for ‘Joint Electricity Regulatory Commission (for The State of Goa and Union Territories except Delhi)’

CBDT notifies Sec.10(46A)(b) exemption for ‘Mussoorie Dehradun Development Authority’

HC: Reading down Section 16(2)(c), allows ITC availed by bona-fide recipient despite supplier’s default

• In Favour of Petitioner
• Citation Number : TS-02-HC(TRI)-2026-GST

ITAT: Confirms exclusion of Insurance co.’s profit on investment sale while computing business profit; Quashes Revision

• In Favour of Assessee
• Citation Number : TS-02-ITAT-2026(CHNY)

HC: NCLT institutionally equipped to adjudicate fraud, forgery, collusion in CIRP; Express IBC-provisions oust Civil Court jurisdiction

ITAT: Assessee not in default as assessment order u/s 201 barred by limitation on HUDA Development Charges

• In Favour of Assessee
• Citation Number : TS-1748-ITAT-2025(DEL)

SC: Undertrial’s prolonged incarceration amounts to “punishment”; Grants bail to Amtek Group former-promoter