ITAT: Revenue’s FMV basis circle/land conversion rates without referring to DVO, unsustainable

• In Favour of Assessee
• Citation Number : TS-1050-ITAT-2025(DEL)

IBBI: Proposes to expand cap of 10 assignments on Insolvency Professionals to all roles

HC: Sets aside ITAT’s order deducting additional sugarcane price from assessee’s profits

• In Favour of Assessee
• Citation Number : TS-1049-HC-2025(BOM)

HC: Arbitrator is the "master of facts"; Refers long-running contractual dispute to arbitration

GSTAT: Orders Subway Franchisee to deposit profiteered sum for pocketing GST rate cut benefit

• In Favour of Appellant
• Citation Number : TS-703-GSTAT(DEL)-2025-GST

Overview of amendments under IBC (Amendment) Bill, 2025

NCLT: Rejects application for slump-sale of Reliance Retail’s Distribution & Licensing Business Undertaking, absent valuation-report

HC: Quashes NCLT order delisting homebuyers from CoC, citing violation of ‘natural justice’

HC: HC: Grants Assessee final opportunity to contest his case, remits matter; Imposes cost for earlier failures

• In Favour of Assessee
• Citation Number : TS-1047-HC-2025(MAD)

HC: “Only specialized forums under IBC are competent to analyse Resolution Plans”; Redirects matter to NCLAT

HC: Upholds primacy of liquidation under IBC; Restricts Directors’ authority post-insolvency

SC: Upholds CoC’s ‘commercial wisdom’ to handover property to Operational Creditor; Overturns NCLAT order

SC: Quashes NCLAT-order allowing ‘defective’ appeal, sans certified copy, delay condonation application

Copy of Insolvency and Bankruptcy Code (Amendment) Bill, 2025 as introduced in Lok Sabha

ITAT: Rules on comparables in SWD/ITeS segments and validity of assessment order

• In Favour of Assessee
• Citation Number : TS-469-ITAT-2025(Bang)-TP

ITAT: Deletes TP adjustment qua AMP expenses in case of Sony India

• In Favour of Assessee
• Citation Number : TS-468-ITAT-2025(DEL)-TP

ITAT: Remits comparability issue; Directs fresh consideration in light of filters applied by TPO

• In Favour of Both, Partially
• Citation Number : TS-464-ITAT-2025(Bang)-TP

ITAT: Directs application of interest rate on CCDs by applying PLR as against LIBOR

• In Favour of Assessee
• Citation Number : TS-466-ITAT-2025(DEL)-TP

ITAT: Extends stay by 180 days or till appeal disposal or acceptance of APA by assessee

• In Favour of Assessee
• Citation Number : TS-465-ITAT-2025(Bang)-TP

ITAT: Dismisses assessee’s appeal as withdrawn since issues settled under MAP

• In Favour of Assessee
• Citation Number : TS-467-ITAT-2025(Bang)-TP