FM tables Manipur GST (Amendment) Bill, 2025 in Parliament to mirror CGST ACT, 2017

Fast-Track Mergers and the Tax Neutrality Conundrum: A Step Forward or a Step Back?

ITAT: Trust’s objective of running girls’ school in rural areas, charitable & genuine; Grants Sec. 12AB registration

• In Favour of Assessee
• Citation Number : TS-1024-ITAT-2025(DEL)

Citing century-old jurisprudence, Revenue argues all 'staked gaming' including fantasy sports are "gambling"

IBBI: Releases Discussion Paper on measures to harmonise key processes under CIRP and liquidation

NCLAT: Quashes NCLT-order directing co.'s largest creditor to bear CIRP-costs sans 66% CoC nod

HC: Reassessment proceedings initiated solely based on DVO report sans independent inquiry, unsustainable

• In Favour of Assessee
• Citation Number : TS-1019-HC-2025(GUJ)

Government re-imposes anti-dumping duty on flax fabric imports from China

ITAT: Dubious transactions couched as distress sale of FSI rights; Confirms STCL disallowance

• In Favour of Assessee
• Citation Number : TS-1018-ITAT-2025(DEL)

President Trump issues Executive Order imposing 25% additional tariffs on India

SEBI: Proposes amendment to widen definition of ‘Strategic Investor’ for REITs & InvITs

SEBI: Proposes revised norms for appointment of third-party reviewer for green debt securities

Commerce Ministry: Apprises about launch of E-Commerce Export Hubs initiative to support SMEs

IFSCA: Expert Committee submits report on positioning GIFT IFSC as global commodity trading hub

SEBI: Revises mechanism for handling of review, appeal, or waiver of penalty requests by MIIs

HC: Multiple notices qua same issue, period creates chaos; Quashes Goa's SCN, where DGGI took cognizance

• In Favour of Petitioner
• Citation Number : TS-692-HC(BOM)-2025-GST

ITAT: Non-service of Sec. 148 notice to deceased Assessee’s legal heir, vitiates reassessment proceedings

• In Favour of Assessee
• Citation Number : TS-1017-ITAT-2025(DEL)

ITAT: Deletes adjustment qua interest on outstanding receivables; Applies 1% rate for guarantee commission

• In Favour of Assessee
• Citation Number : TS-452-ITAT-2025(DEL)-TP

ITAT: Sets aside final assessment order as not passed within time limit u/s. 144C

• In Favour of Assessee
• Citation Number : TS-450-ITAT-2025(Bang)-TP

ITAT: Rejects CUP as MAM for benchmarking export transaction and royalty payment; Deletes adjustments

• In Favour of Assessee
• Citation Number : TS-449-ITAT-2025(Mum)-TP