ITAT: Upholds penalty for failure to prove creditor genuineness; Wrong claims causing Revenue loss attract penalty

• In Favour of Revenue
• Citation Number : TS-1034-ITAT-2025(DEL)

ITAT: Quashes revision qua CSR expenditure deductible u/s 80G as AO’s view plausible; Debatable issue not subject to revision

• In Favour of Assessee
• Citation Number : TS-1035-ITAT-2025(Mum)

HC: Quashes prosecution of part-time Director for tax default sans specific charge; Mere reliance on Sec. 278B unsustainable

• In Favour of Assessee
• Citation Number : TS-1036-HC-2025(BOM)

HC: Allows lower 10% LTCG tax claim u/s 112(1)(c)(iii), retrospectively, sans revised return

• Citation Number : TS-1037-HC-2025(GUJ)

SC: 50 Key Excerpts from SC's split verdict in Shelf Drilling controversy

• In Favour of Both, Partially
• Citation Number : TS-460-SC-2025-TP

SC: Dismisses Revenue’s SLP against judgment allowing service-recipient under RCM to seek advance- ruling

• In Favour of Respondent
• Citation Number : TS-699-SC-2025-GST

SC: Empowers Pollution Control Boards to impose environmental damages, seek bank guarantees

SC: Clarifies on treatment of Societies as ‘constructive trusts’, maintainability of breach of trust suit

SC: Affirms rape conviction, victim testimony sufficient despite lack of medical evidence

SC: Bail shouldn’t be granted solely basis undertakings; Courts to decide bail plea strictly on merits

SC: Quashes prosecution basis pending civil case on same issue, absent ‘element of criminality’

SC: Upholds constitutional validity of In-house procedure for judicial misconduct, affirms judicial self-regulation

SC: Sessions Court empowered to summon accused not named in chargesheet before trial begins

SC: “Courts to ensure public-resources aren’t unjustly depleted due to judicial oversight”; Quashes decree against OSFC

HC: Non-Executive, Independent directors not liable in cheque-dishonor cases; Quashes summons citing non-involvement

ITAT: Allows loss provision under debt relief scheme u/s 36(1)(viia), direct nexus between provision & impaired recovery

• In Favour of Assessee
• Citation Number : TS-1032-ITAT-2025(Mum)

Sr. Adv. Kaul presents compelling arguments for JSW, on Day 2 of Bhushan Steel insolvency case

SC: 50 Key Excerpts from SC's split verdict in Shelf Drilling controversy

• In Favour of Assessee
• Citation Number : TS-456-SC-2025-TP

HC: Upholds injunction against mark “MAYO” for medical centres infringing Mayo Foundation’s TM

Govt. shares reasons for withdrawing Income tax Bill, 2025, to introduce fresh bill in "due course"