ITAT: Live telecast lacks copyright, license fees for broadcasting rights not taxable as ‘royalty’

• In Favour of Assessee
• Citation Number : TS-791-ITAT-2025(DEL)

ITAT: Deletes Sec. 68 addition, given unsecured loan repaid via banking channel & onus discharged

• In Favour of Assessee
• Citation Number : TS-779-ITAT-2025(Ahd)

ITAT: Sale-consideration not ‘income’ chargeable to tax; Quashes reassessment given income below Rs. 50 lakh

• In Favour of Assessee
• Citation Number : TS-781-ITAT-2025(Mum)

ITAT: Deletes disallowance of Sec. 43A exemption on forex gain from machinery import

• In Favour of Assessee
• Citation Number : TS-780-ITAT-2025(Mum)

ITAT: Reassessment notice issued in violation of Sec. 149(1)(b), unsustainable; Quashes proceedings

• In Favour of Assessee
• Citation Number : TS-772-ITAT-2025(Rjt)

ITAT: Restores matter to adjudicate afresh on Assessee’s eligibility for FTS

• In Favour of Assessee
• Citation Number : TS-788-ITAT-2025(Mum)

ITAT: Upholds revision absent application of mind on Sec. 43CA safe harbour applicability

• In Favour of Assessee
• Citation Number : TS-790-ITAT-2025(Mum)

SEBI: Clarifies on ‘open offer exemption’ for promoter gifts

SEBI: Allows settlement application in Anand Rathi front-running case

SEBI: Allows settlement application by Groww for system lapses & client service failure

SEBI: Allows settlement application filed by Brightcom Group’s audit committee member, compliance officers

FinMin revises GSTAT Procedure Rules relating to issuance of order

SEBI Board: Approves key proposals to relax public-issue requirements, mandates demat for certain corporate actions

HC: Upholds arbitral awards favouring Kochi IPL franchisees; Rejects BCCI’s challenge

ITAT: Penny stock gains not bogus; Deletes addition based on uncorroborated broker statements

• In Favour of Assessee
• Citation Number : TS-787-ITAT-2025(VIZ)

NCLT: Upholds CoC’s decision to allow revised resolution-plan submission, to maximise Corporate Debtor’s asset-value

ITAT: Reassessment invalid due to flawed information & verified related-party dealings; Deletes addition u/s 68

• In Favour of Assessee
• Citation Number : TS-786-ITAT-2025(Mum)

HC: Directs renewal of TM “NATURE'S WEALTH RESTORES HEALTH”; Overturns rejection order

HC: Quashes TM Registrar’s refusal to register word mark “METAMORPH”, directs reconsideration

HC: Sets aside Assistant Controller’s unreasoned order rejecting Shindengen Electric’s patent