NCLAT: Gujarat Tax Dept. a 'secured creditor', given ‘statutory first charge’ under GVAT Act; Follows Rainbow Papers

ITAT: Quashes Sec. 271D penalty as time barred, limitation reckons from AO satisfaction & not show cause notice date

• In Favour of Assessee
• Citation Number : TS-1546-ITAT-2025(CHNY)

HC: Sets aside Sec. 148A(d) order & reassessment notice issued on surrendered PAN, factum already intimated to JAO

• In Favour of Assessee
• Citation Number : TS-1538-HC-2025(GUJ)

HC: Quashes Sec. 143(2) notice issued after approval of resolution plan by NCLT under IBC; Relies on Ghanshyam judgment

• In Favour of Assessee
• Citation Number : TS-1537-HC-2025(BOM)

HC: Holds disability pension as exempt, sets aside mechanical rejection u/s 119(2)(b); Clarifies Circular cannot restrict refund claims

• In Favour of Assessee
• Citation Number : TS-1540-HC-2025(GUJ)

ITAT: Adjustments u/s 143(1) sans any show cause notice, violation of Sec. 143(1)(a) intimation, unsustainable

• In Favour of Assessee
• Citation Number : TS-1547-ITAT-2025(CHNY)

SC condones 524-day delay in Revenue's SLP as exception, criticizes Dept.'s protracted legal process

SC: Confirms Bombay HC ruling on bogus purchases; Dismisses Assessee’s SLP

• In Favour of Revenue
• Citation Number : TS-1545-SC-2025

HC: Scraps Rs. 27 cr. deposit condition on Ketan Parekh for foreign travel, substitutes with Rs. 5 lakh security

ITAT: Allows set-off of brought forward long term capital loss & current year’s short term capital loss against LTCG

• In Favour of Assessee
• Citation Number : TS-1544-ITAT-2025(DEL)

SC refuses to entertain Revenue's SLP in Progress Rail on PE/PAN migration issue

SC: Orders State to restore damage in Corbett, lays down pan-India guidelines for tiger reserves and safaris

SC: Issues uniform Seniority Guidelines for Higher Judicial Services; Rules creating quotas for District Judges ‘iniquitous’

SC: Voluntary contracts cannot be revisited through statutory provisions, parties agreed to exclude

SC: Assignment of specific performance decree not compulsorily registrable under Registration Act

SC: Recalls Vanashakti judgment, revives Govt. directions permitting ex post facto Environmental Clearance

SC: Software bought for profit-linked business automation qualifies as ‘commercial purpose’, buyer Co. not ‘consumer’

SC: Governor has discretion under Art. 200; Courts cannot fix deadlines on Governor/President for Bills’ assent

15 ITAT members transferred across Benches

HC: Sec.115JC inapplicable to projects approved pre-April 2013; Directs Revenue to follow judicial precedent

• In Favour of Assessee
• Citation Number : TS-1543-HC-2025(BOM)