CBDT extends deadline to process ITRs for AY 2023-24 u/s 143(1) until November 2025

Notices/orders having RFN valid, quoting DIN not mandatory, clarifies CBIC

AAR: Construction service by developer in exchange of development rights, a supply, liable to GST

• In Favour of Respondent
• Citation Number : TS-497-AAR(MAH)-2025-GST

SEBI: Drops proceedings against ex-directors for allegedly misusing CAs’ names

SEBI: Disposes of SCN against stock broker citing ‘no investor harm’

SEBI: Restrains broker from onboarding new clients for disbursing loans unrelated to securities business

SEBI: Suspends IA’s registration for subjugating clients' interests for own benefits

HC: NRI gets full TDS credit for property sale despite buyers' procedural lapse

• In Favour of Assessee
• Citation Number : TS-727-HC-2025(DEL)

AAR: Rail-track erection, commissioning for ISRO not composite to goods supplied by another entity

• In Favour of Not Available
• Citation Number : TS-496-AAR(MAH)-2025-GST

ITAT: Excise duty exemption non-taxable being ‘capital receipt'; First additional claim before CIT(A), valid

• In Favour of Assessee
• Citation Number : TS-726-ITAT-2025(DEL)

ITAT: Remits ALP qua IGS transaction, directs TPO to compare assessee’s global policy with agreements in force

• In Favour of Both, Partially
• Citation Number : TS-319-ITAT-2025(Bang)-TP

ITAT: Holds 144C precludes AO to make changes outside DRP’s directions based on DAO

• In Favour of Assessee
• Citation Number : TS-320-ITAT-2025(PUN)-TP

ITAT: Permits assessed to withdraw TP related grounds as covered under APA

• In Favour of Assessee
• Citation Number : TS-321-ITAT-2025(Mum)-TP

ITAT: PCIT did not examine assessment records, quashes revisionary order u/s. 263

• In Favour of Assessee
• Citation Number : TS-317-ITAT-2025(DEL)-TP

ITAT: Affirms deletion of TP-adjustment w.r.t issuance of CCDs, payment of interest on debentures

• In Favour of Assessee
• Citation Number : TS-318-ITAT-2025(Mum)-TP

HC: Grants superlative injunction against rogue websites, mobile apps infringing Star India’s copyright

HC: Send notices via RPAD or other modes where taxpayer unresponsive to portal notice

• In Favour of Petitioner
• Citation Number : TS-493-HC(MAD)-2025-GST

HC: DTVsV benefit not applicable to large tax arrears where disputed tax exceeds Rs. 5 cr.

• In Favour of Revenue
• Citation Number : TS-725-HC-2025(MAD)

HC: Award passed by unilaterally appointed arbitrator, invalid; Express written waiver mandatory

ITAT: Restores matter for reference to DVO; Rules Sec.50C applies instead of Sec.43CA on sale of fixed asset

• In Favour of Revenue
• Citation Number : TS-724-ITAT-2025(Mum)