Supplier Tax Payment Default – Can ITC Be Denied to Buyer?

HC: Arbitral awards must comply with fundamental principles of Evidence Act; Allows Sec. 34 application

HC: Affirms arbitration termination due to unstamped, unregistered Agreement to Sell

HC: Rejects plea seeking arbitration reference absent agreement between parties

ITAT: Interest component paid under one-time settlement with lenders, deductible u/s 43B

• In Favour of Assessee
• Citation Number : TS-1658-ITAT-2025(DEL)

AAR: Aerated drinks served with/without food in hotel’s restaurant attracts 18% GST as ‘composite supply’

• In Favour of Applicant
• Citation Number : TS-1009-AAR(WB)-2025-GST

ITAT: Allows TDS credit not claimed in ITRs but during passing of order giving effect by AO

• In Favour of Assessee
• Citation Number : TS-1657-ITAT-2025(Mum)

HC: Grants injunction restraining use of logistics TM “FEDEX” for financial services

NCLT: Allows amalgamation of Flipkart’s Singapore-based cos. with Indian entity

AAR: Supply of manpower for cleaning Ganga ghats ‘pure service’, exempt from GST

• In Favour of Applicant
• Citation Number : TS-1008-AAR(WB)-2025-GST

AAR: Flipkart’s road transport services qualify as GTA; Exempt when provided to unregistered customers

• In Favour of Applicant
• Citation Number : TS-1007-AAR(WB)-2025-GST

SC: Arbitrator's mandate terminates after 18 months sans extension; Substitution by Court u/s 29A mandatory

HC: Dismisses Revenue’s appeal against ITAT-order w.r.t MAM selection

• In Favour of Assessee
• Citation Number : TS-741-HC-2025(BOM)-TP

ITAT: Dividend income not taxable in hands of Trust u/s 10(34) r.w. Sec. 115BBDA

• In Favour of Assessee
• Citation Number : TS-1656-ITAT-2025(DEL)

SC: 20 Key Excerpts from SC judgment interpreting Sec. 44C to restrict NR's Head Office expense claim

• In Favour of Revenue
• Citation Number : TS-1655-SC-2025

NCLAT: Upholds rejection of SEBI's inordinately belated penalty-claim filed after 'liquidation commencement date'

HC: Quashes demand against NBCC acting as implementing-agency for leasing-services, basis FinMin’s clarification on section-86

• In Favour of Not Applicable
• Citation Number : TS-1006-HC(DEL)-2025-GST

India – France Proposed Tax Treaty Reset: Executive Will Recalibrating Ancient Treaty Assumptions

Distilling India’s New Labour Codes - Part I

ITAT: Quashes assessment order passed u/s. 92CA(3) as barred by limitation; Deletes entire TP-adjustment

• In Favour of Assessee
• Citation Number : TS-743-ITAT-2025(Bang)-TP