SC: Revives Sec. 9 insolvency case; Rejects Corporate Debtor’s pre-existing dispute plea as ‘moonshine defence’

SC: NCLT empowered to direct deposit forfeiture in liquidation where purchaser defaulted in payments

ITAT: Subsidiary a deemed listed company u/s 2(18) by acquisition of shares by public listed company; Deletes addition u/s 56(2)(viib)

• In Favour of Assessee
• Citation Number : TS-1647-ITAT-2025(CHNY)

ITAT: Delay in filing Form 10B procedural; Sec. 11 exemption allowed if filed during appellate proceedings

• In Favour of Assessee
• Citation Number : TS-1674-ITAT-2025(Ahd)

ITAT: Accumulation u/s 11(2) cannot be denied for vague Form 10 if purpose aligns with Trust’s objective

• In Favour of Assessee
• Citation Number : TS-1673-ITAT-2025(Mum)

GSTN issues consolidated FAQs on GSTR-9/9C for FY 2024-25

SEBI Board : Approves key proposals to amend Stockbroker, Mutual Funds, IPO and LODR norms

ITAT: Limitation period computed from date of panchnama concluding search; Quashes time-barred assessment u/s 153B

• In Favour of Assessee
• Citation Number : TS-1672-ITAT-2025(Bang)

HC: IBC Sec. 32A prevails over Benami Act, bars action on attached properties

HC: Interest/late-fee/penalty collected by Chit Fund Foreman from defaulting Subscribers not taxable Supply; Quashes AAR/AAAR-rulings

• In Favour of Petitioner
• Citation Number : TS-1018-HC(AP)-2025-GST

ITAT: Mandatory CSR expenditure eligible for deduction u/s 80G, voluntariness no prerequisite

• In Favour of Assessee
• Citation Number : TS-1671-ITAT-2025(Mum)

ITAT: Quashes penalty u/s 271(1)(c) for inconsistent satisfaction on bona fide guarantor related expenditure sans concealment

• In Favour of Assessee
• Citation Number : TS-1629-ITAT-2025(Mum)

ITAT: Admits additional ground; Quashes final assessment order passed beyond upper time limit

• In Favour of Assessee
• Citation Number : TS-749-ITAT-2025(HYD)-TP

OECD releases 2024 peer review reports on the Exchange of Information on tax rulings

ITAT: Quashes final assessment order passed beyond time limit prescribed u/s.153; Follows precedents

• In Favour of Assessee
• Citation Number : TS-748-ITAT-2025(HYD)-TP

ITAT: Quashes final assessment order passed beyond time limit; Follows precedents

• In Favour of Assessee
• Citation Number : TS-747-ITAT-2025(HYD)-TP

ITAT: Adjudicates TP-adjustments qua management support services, reimbursement, guarantee fee, inter-unit electricity sale, etc

• In Favour of Assessee
• Citation Number : TS-745-ITAT-2025(DEL)-TP

HC: IBC prevails over PBPT; Sec. 32A encompasses all properties of corporate debtor including attached benami property

• In Favour of Assessee
• Citation Number : TS-1670-HC-2025(MAD)

SC: Unconditional stay on arbitral-award execution only in ‘exceptional cases’; Overturns HC ruling

AAR: Rules MGMI as “body corporate”, whose sponsorship services attract forward-charge GST

• In Favour of Applicant
• Citation Number : TS-1017-AAR(WB)-2025-GST