ITAT: Failure to issue draft assessment order u/s 144C, violation of procedure; Upholds quashing of assessment

• In Favour of Assessee
• Citation Number : TS-1280-ITAT-2025(DEL)

SC: Issues directives to address backlog of cheque-bounce cases; Modifies 15-year old compounding guidelines

ITAT: Production of directors not mandatory to prove genuineness of transaction; Deletes commission addition

• In Favour of Both, Partially
• Citation Number : TS-1279-ITAT-2025(DEL)

ITAT: Allows Sec. 54F deduction, cites failure to construct property beyond Assessee's control

• In Favour of Assessee
• Citation Number : TS-1278-ITAT-2025(DEL)

SC: Can’t penalise JSW for converting Bhushan Steel into a “profit-making entity” through resolution-plan implementation

GSTAT: DGAP closes anti-profiteering case against builder, finds no Section 171 violation

• In Favour of Respondent
• Citation Number : TS-817-GSTAT(DEL)-2025-GST

GSTAT: Proceedings before GSTAT ‘inquisitorial’ not ‘adversarial’; Closes Theco-India case over DGAP’s failure to prove profiteering

• In Favour of Respondent
• Citation Number : TS-816-GSTAT(DEL)-2025-GST

Key observations of Supreme Court while upholding JSW's takeover of Bhushan Steel

SC upholds JSW Steel's takeover of Bhushan Steel, in landmark IBC judgment

Copy of CBDT circular extending tax audit due date

SC: Copy of SC order dismissing Nestle's curative petition against MFN judgment

• In Favour of Revenue
• Citation Number : TS-1277-SC-2025

HC: Copy of order directing GSTAT to re-look at anti-profiteering allegations against TATA Play

• In Favour of Petitioner
• Citation Number : TS-815-HC(DEL)-2025-GST

Sweden : 2026 Budget in Depth: Government Announces Labour Tax Reductions, Lower VAT on Food

Advisory to file pending returns before GSTN bars them from Oct' 2025

ITAT: Deletes addition towards notional interest income; Quashes reassessment basis change of opinion

• In Favour of Assessee
• Citation Number : TS-1276-ITAT-2025(Mum)

HC: Quashes notices u/s 148 as period for reassessment already expired as per Sec. 150(2)

• In Favour of Assessee
• Citation Number : TS-1275-HC-2025(GUJ)

HC: Directs Liquidator to settle EPFO’s claim; Criticizes ‘hyper technical’ rejection

AAR: Commission-linked marketing & referral services to foreign universities qualify as 'intermediary', not 'export'

• In Favour of Applicant
• Citation Number : TS-814-AAR(KER)-2025-GST

GST rate cuts bring relief to Delhi’s consumers and businesses

GST reforms set to boost Sikkim’s economy across Tourism, Pharma, Tea, and Food Processing