AT PMLA: Slashes FEMA penalty to half, in under-invoicing, hawala case

5-year ADD on LAB from Iran, KTB/STB from China/US; Revises duty-table on ‘Decor Paper’

ITAT: Google search findings a new fact, can't fasten penalty basis unconfronted info

• In Favour of Assessee
• Citation Number : TS-816-ITAT-2025(DEL)

ITAT: Adjustment u/s 11(3) unjustified given Trust utilized accumulated surplus within prescribed time

• In Favour of Assessee
• Citation Number : TS-815-ITAT-2025(PUN)

ITAT: Deletes 271(1) (c) penalty, TPO failed to prove ALP computation outside statutory provisions

• In Favour of Assessee
• Citation Number : TS-364-ITAT-2025(Ahd)-TP

ITAT: Confirms deletion of disallowance u/s.40A(2)(b); Holds purchase price of material from related concerns inclusive of original price

• In Favour of Assessee
• Citation Number : TS-361-ITAT-2025(Ahd)-TP

ITAT: Deletes TP adjustment qua royalty received for technical knowhow; Follows earlier order

• In Favour of Assessee
• Citation Number : TS-362-ITAT-2025(Mum)-TP

ITAT: Treats demurrage/detention charges as non-operating; Charges no interest on outstanding receivables

• In Favour of Assessee
• Citation Number : TS-365-ITAT-2025(Ahd)-TP

ITAT: Remits interest on delayed receivables; Directs comparing facts with Kusum Healthcare’s decision

• In Favour of Assessee
• Citation Number : TS-363-ITAT-2025(DEL)-TP

NCLAT: Affirms NCLT order denying remuneration to co.'s ex-liquidator, where liquidation-costs exceeded sales-realisation

HC: Issues dynamic injunction against infringement, unauthorised use of TM “360 ONE”

HC: Reprimands ITAT Bench for "blatant disregard" of judicial discipline, advises against such "indiscretions"

• In Favour of Assessee
• Citation Number : TS-814-HC-2025(KER)

From Tax Relief to FEMA Limitation: Capital Gains Tax Conundrum for SGP NRIs?

HC: Payment under protest not construable as admission of liability; Directs fresh DRC-07

• In Favour of Petitioner
• Citation Number : TS-555-HC(HP)-2025-GST

Analysing FEMA Provisions for Returning Indians – Part III

DGFT notifies EO period against products subjected to mandatory QCO by Textile-Ministry

ITAT: Waiver of sales tax liability constitutes business benefit, taxable u/s 28(iv)

• In Favour of Assessee
• Citation Number : TS-813-ITAT-2025(Mum)

ITAT: Discounts not commission for Bajaj Auto, no TDS required; Deletes Sec. 40(a)(ia) disallowance

• In Favour of Assessee
• Citation Number : TS-811-ITAT-2025(Mum)

NCLT: Approves Games2Win’s ‘selective’ capital reduction enabling fair exit for shareholders

HC: Writ not maintainable in case of fake invoicing, circular trading

• In Favour of Respondent
• Citation Number : TS-554-HC(GUJ)-2025-GST