HC: Grants stay of 271G penalty order till final disposal of the petition

IBBI : Tightens filing rules under insolvency resolution process for Personal Guarantors

IBBI : Restricts maximum assignments for Insolvency Professionals to 10

SEBI : Mandates appointment of Executive Directors, CTOs for stock exchanges and clearing corporations

RBI : Streamlines receipt of compounding application fee and amount

HC: 'Reasons to Believe' standard u/s 24(1) doesn't require 'prima facie case' before notice; Upholds benami proceedings

• In Favour of Revenue
• Citation Number : TS-1559-HC-2025(DEL)

AAR: No exemption for education and training provided through non-NSDC-approved outsourced partners

• In Favour of Respondent
• Citation Number : TS-965-AAR(KER)-2025-GST

AAR: Self-drive rental cars to attract GST at like-goods rate; Classifiable under SAC 997329

• In Favour of Not Available
• Citation Number : TS-964-AAR(KER)-2025-GST

NCLT: GVAT dues a ‘secured debt’; Directs RP to re-compute State Tax Department’s entitlement

AAR: Tax invoice for receiving advance payment before actual supply of goods, not permitted

• In Favour of Respondent
• Citation Number : TS-963-AAR(KER)-2025-GST

ITAT: Reporting income under incorrect head does not attract penalty u/s 270A; Deletes penalty

• In Favour of Assessee
• Citation Number : TS-1558-ITAT-2025(HYD)

Delaware Bankruptcy Court orders Byju Raveendran to pay $1.07 bn for repeatedly defying orders

ITAT: Sets aside CIT(A)’s order passed without affording Revenue opportunity of hearing

• In Favour of Both, Partially
• Citation Number : TS-688-ITAT-2025(CHNY)-TP

OECD releases Corporate Tax Statistics, 2025

ITAT: Deletes TP-adjustment w.r.t 'excess profit' earned by entity having no arrangement/transaction with assessee

• In Favour of Assessee
• Citation Number : TS-687-ITAT-2025(CHNY)-TP

ITAT: Adjudicates TP-adjustments w.r.t IGS, considers need/benefit tests, follows earlier order

• In Favour of Both, Partially
• Citation Number : TS-686-ITAT-2025(Mum)-TP

ITAT: Dismisses assessee’s appeal as withdrawn in light of VSVS Scheme

• In Favour of None/NA
• Citation Number : TS-682-ITAT-2025(CHNY)-TP

ITAT: Directs AO to charge interest on loan at LIBOR, not SBI PLR; Holds outstanding receivables as international-transaction

• In Favour of Both, Partially
• Citation Number : TS-685-ITAT-2025(DEL)-TP

Appeal against CAAR – Scope of Section 28KA of Customs Act, 1962

HC: Copy of Judgment quashing unjustified cancellation of boAt’s registration and imposing costs on Revenue

• In Favour of Petitioner
• Citation Number : TS-962-HC(DEL)-2025-GST