ITAT: Appeal against Sec. 154 order valid, quashes incorrect CPC addition; Clarifies contingent liability disclosure

• In Favour of Assessee
• Citation Number : TS-966-ITAT-2025(PUN)

NCLT: Personal guarantor can’t use insolvency process to evade repayment obligations, contempt consequences

SC: Dismisses Revenue's review petition against order declaring Engineering Analysis as law of land

• In Favour of None/NA
• Citation Number : TS-965-SC-2025

HC: Sec. 72A(4) inapplicable since re-structure Scheme not demerger as contemplated under the Act

• In Favour of Assessee
• Citation Number : TS-963-HC-2025(BOM)

ITAT: Addition made beyond reasons recorded for reassessment invalid; Appeal valid despite non impleading heirs u/s 159

• In Favour of Assessee
• Citation Number : TS-964-ITAT-2025(PUN)

ITAT: Third Member concurs with AM, prior year’s order can be followed provided parity of facts

• In Favour of Assessee
• Citation Number : TS-958-ITAT-2025(Mum)

HC: Pending tax proceedings stands extinguished consequent to approval of resolution plan under IBC; Quashes reassessment

• In Favour of Assessee
• Citation Number : TS-957-HC-2025(BOM)

NCLAT: Rejects intervention applications by third-parties; Cites resolution-plan’s finality, absent “direct & present interest”

SC: Applies Justice, Equity, Good Conscience principle, upholds female tribal heir’s legal rights in ancestral-property

SC: Entire appeal stands abated if non-substitution of deceased party produces contradictory decrees

SC: Acquits man accused of killing 4 family-members on finding shoddy probe and unreliable witnesses

SC: Interpretation of CERC Regulations falls in Statutory Regulator’s exclusive domain, not Constitutional Courts

SC: Registered Will carries presumption of genuineness; Upholds widow’s exclusive title under Will

SC: Awards compensation to custodial-torture victim in most ‘barbaric instances of police atrocity’; Orders CBI probe

SC: Justice & fairness prevails over finality; Doctrine of merger not absolute, inapplicable when fraud proven

BDO in India's 'Indirect Tax Bi-Weekly Digest' | 18 July 2025

SEBI : Suggests measures to streamline compliance-requirements for non-convertible securities, for ease of doing business

ITAT: Timing of payment irrelevant for Sec. 43A capitalization of forex loss; Follows Woodward Governor

• In Favour of Revenue
• Citation Number : TS-962-ITAT-2025(Ahd)

HC: Refuses interim relief to Conqueror Innovations in case alleging patent infringement by Xiaomi

HC: Rejects State's challenge to arbitral-award citing arbitrator's adequate reasoning, no perversity