ITAT: Deletes Sec. 69 addition towards unexplained investment given source duly established

• In Favour of Assessee
• Citation Number : TS-1158-ITAT-2025(Bang)

ITAT: Order u/s 143(3) passed prior to insertion of Sec. 234D cannot be treated as regular assessment

• In Favour of Assessee
• Citation Number : TS-1152-ITAT-2025(CHANDI)

Prime Minister lauds GST Council’s overwhelming consensus on Government’s rate-rejig proposals

HC: Directs SEBI to audit CRB Mutual Funds’ Scheme; Entrusts Special-Committee’s functions to Special-Cell

ITAT: Allows depreciation on business/commercial rights arising from slump sale, follows earlier ruling

• In Favour of Assessee
• Citation Number : TS-1150-ITAT-2025(Mum)

ITAT: Sec. 249(4)(b) liability of advance-tax to be calculated on ‘admitted income’, not ‘assessed income’

• In Favour of Assessee
• Citation Number : TS-1146-ITAT-2025(Ahd)

ITAT: Confirms CIT(A)’s order allowing claim of deduction u/s.80IA by relying on earlier orders

• In Favour of Assessee
• Citation Number : TS-511-ITAT-2025(Ahd)-TP

ITAT: Rules on comparables' selection in SDS & ITeS segments; Grants working capital adjustment

• In Favour of Both, Partially
• Citation Number : TS-515-ITAT-2025(DEL)-TP

ITAT: Upholds assessee’s ‘other method’ over TPO's TNMM for benchmarking sale of air-tickets

• In Favour of Assessee
• Citation Number : TS-508-ITAT-2025(Bang)-TP

Gujarat HC to examine refund rejection to Petronet LNG on Use or Pay Charges; Issues notice

Tax Luminary PV Srinivasan’s Insightful Review of CA S Ramanujam’s "Merger et al"

ITAT: “Sufficient cause” a condition precedent for exercising discretionary power for delay condonation; Dismisses plea

• In Favour of Assessee
• Citation Number : TS-1164-ITAT-2025(HYD)

Deemed Supply - Tax Positions of Collaborative Arrangements

HC: Protects Sri Sri Ravi Shankar’s personality rights, bars AI-generated deepfake videos’ circulation

HC: Dismisses Assessee's claim for Sec. 10(37) exemption due to failure to prove agricultural activity on property

• In Favour of Assessee
• Citation Number : TS-1163-HC-2025(KER)

​Govt. notifies corrigendum rectifying mistakes in Income-Tax Act, 2025

NCLT: Rejects resolution-plan citing fraudulent CIRP-initiation, 99% haircut; Invokes Sec. 65 to recall admission order

ITAT: Revenue duty bound to assist taxpayer to claim relief u/s 80G(5), cannot reject application on mere technical mistake

• In Favour of Assessee
• Citation Number : TS-1162-ITAT-2025(ASR)

DGFT clarifies MIP applicability on Virgin Multilayer Paper Board imports by EOUs, SEZs

GST 2.0 - Lower Costs, Faster Refunds, New Sin Taxes