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

HC: Grants dynamic injunction against rogue websites infringing TM “Royal Enfield”

HC: Interimly bars use of mark “Social Tribe” infringing TM “SOCIAL”

ITAT: Deletes Sec. 69A addition, given assessment exercise extrapolated basis bills found in survey

• In Favour of Assessee
• Citation Number : TS-785-ITAT-2025(Mum)

ITAT: Directs margin recomputation by adopting annual report; Restricts interest on loan to 9%

• In Favour of Assessee
• Citation Number : TS-346-ITAT-2025(RAN)-TP

ITAT: Accepts foreign AE as tested party; Rejects persistent loss-making & employee cost filters

• In Favour of Both, Partially
• Citation Number : TS-347-ITAT-2025(CHNY)-TP

ITAT: Precondition of existence of 'arrangement' unfulfilled, proviso to Sec.80IA(10) not applicable

• In Favour of Assessee
• Citation Number : TS-348-ITAT-2025(Mum)-TP

Rare Earth Elements’ Supply - How Government’s Targeted Approach & Tax Incentives Can Help?

Chapter IV-F of Income Tax Bill, 2025 – A ‘Source’ of New Concerns?

HC: Affirms setting aside of identical arbitral awards citing 'unambiguous' contract terms

HC: Arbitral Tribunal's 'departure' from contract terms, ground for Sec. 34 Court interference

HC: Appoints Arbitrator in a dispute relating to stamp duty

HC: Disputes over credit information accuracy, arbitrable; Rejects Bank's petition

ITAT: Rules PCIT(Central) lacked jurisdiction to retrospectively cancel Sec. 12A registration; Allows appeal

• In Favour of Assessee
• Citation Number : TS-783-ITAT-2025(DEL)

HC: Applying SC dicta on transit anticipatory bail, dismisses application by owner of non-existent firm

• In Favour of Applicant
• Citation Number : TS-541-HC(ALL)-2025-GST