HC: Online reservations don’t establish jurisdiction in TM case; Rejects ITC’s plea to injunct mark “DAKSHIN”

ITAT: Deletes addition of notional interest on interest-free security deposit as deemed rent u/s 23(1)

• In Favour of Assessee
• Citation Number : TS-1617-ITAT-2025(DEL)

AI Hallucination - Seepage In Tax Litigation

SEBI’s TLH Code to Reinvigorate Share Transmission – From Protracted Tax Litigation to Tax Clarity

India’s New Labour Codes & their Tax Implications

HC: Quashes summary rejection, directs fresh consideration of Sec.264 revision in light of Engineering Analysis ruling

• In Favour of Assessee
• Citation Number : TS-1614-HC-2025(KAR)

ROC Ahmedabad: Levies Rs. 3.5 lakh penalty on Co., MD for non-compliance with audit trail rules

ITAT: Assessee eligible to include previous owner's COA & holding period of shares post valid group restructuring

• In Favour of Assessee
• Citation Number : TS-1616-ITAT-2025(DEL)

PMLA Round-Up - November, 2025

HC: Exemption u/s 10(23BBA) applies to statutory managing bodies & not to administered religious/charitable trusts

• In Favour of Revenue
• Citation Number : TS-1613-HC-2025(KER)

AP-HC to examine ‘Proper Officer’ issue arising from Enforcement-Wing audit and adjudication

NCLAT: Upholds NCLT order removing auditor for providing services other than Auditing

Government extends countervailing duty on Textured Tempered Glass from Malaysia until June, 2026

CBIC ceases collection of ADD on Titanium Dioxide after High Court strikes down notification

ITAT: Non-issuance of Sec. 143(2) notice, 'foundational infirmity' & fatal to reassessment

• In Favour of Assessee
• Citation Number : TS-1604-ITAT-2025(Bang)

ITAT: Deletes Sec. 68 addition as Assessee sufficiently proved creditworthiness and genuineness of loan transaction

• In Favour of Assessee
• Citation Number : TS-1601-ITAT-2025(DEL)

ITAT: Condones 19-day delay in filing Form 10BB; Substantial justice prevails over procedural complexities

• In Favour of Assessee
• Citation Number : TS-1598-ITAT-2025(Mum)

HC: Rejecting stay application without application of mind, unsustainable; Directs CIT(E) to decide afresh on merits

• In Favour of Assessee
• Citation Number : TS-1607-HC-2025(TEL)

ITAT: Deletes Sec. 68 addition on penny stock LTCG in Sec. 153A assessment sans incriminating material

• In Favour of Assessee
• Citation Number : TS-1600-ITAT-2025(Mum)

ITAT: Quashes Sec. 263 revision, holds Sec. 69C inapplicable where source of payment remains undisputed

• In Favour of Assessee
• Citation Number : TS-1606-ITAT-2025(DEL)