AAR: Disallows ITC of IGST on supply of sample drugs for clinical trials

• In Favour of Respondent
• Citation Number : TS-516-AAR(MAH)-2025-GST

AAR: Disallows ITC for supplying LNG; Ship re-gasifying constitutes ‘pipelines laid outside factory premises’

• In Favour of Respondent
• Citation Number : TS-515-AAR(MAH)-2025-GST

Section 54F of I-T Act, 1961 vs. Section 86 of New I-T Bill, 2025

SEBI to introduce “Validated UPI Handles”, “SEBI Check” to enhance investor protection, combat fraud

IBBI: Cancels valuer’s registration for concealing pending criminal proceedings during application

IBBI: Bars IP from taking further insolvency work citing breach of due diligence obligations

IBBI: Asset mismanagement, Code of Conduct violations lead to IP’s suspension

IBBI: Suspends IP for disregard of stakeholder rights, IBC’s time-bound structure

ITAT: Rejects arbitrary 10% turnover addition, given lack of justification & contradictory stance by AO

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

HC: Courts to refrain from categorizing all GST offences into one group for denying bail

• In Favour of Petitioner
• Citation Number : TS-514-HC(P&H)-2025-GST

NCLT: Allowing first motion application, dispenses stakeholder meetings for Oxford Shelters’ merger scheme

NCLT: Sanctions Fashnear Technologies' composite scheme involving Meesho entities

ITAT: Mechanical disposal of applications u/s 12AB & 80G contrary to law; Directs fresh consideration

• In Favour of Assessee
• Citation Number : TS-742-ITAT-2025(Ahd)

NCLT: Sanctions Jubilant Motorworks’ amalgamation-cum-demerger, directs statutory compliance and dues settlement

NCLT: Dismisses creditor’s objection to Ind-Swift’s amalgamation citing estoppel, insufficient stake

BDO in India's 'Indirect Tax Bi-Weekly Digest' | 06 June 2025

ITAT: Claim under incorrect section no bar to legitimate relief; Allows Sec. 54F claim

• In Favour of Assessee
• Citation Number : TS-741-ITAT-2025(PAT)

ITAT: Sets aside Sec.263-order passed without considering assessee’s submissions

• In Favour of Assessee
• Citation Number : TS-328-ITAT-2025(Ahd)-TP

ITAT: Assessee to substantiate existence of reimbursement expenses; Remits ALP-determination

• In Favour of Assessee
• Citation Number : TS-329-ITAT-2025(Mum)-TP

ITAT: Excludes comparables with high turnover, rendering high-end services in ITeS segment

• In Favour of Assessee
• Citation Number : TS-330-ITAT-2025(Bang)-TP