![Annual Income Tax Case Digest: ITAT Decisions 2025 [Part II]](https://images.taxscan.in/h-upload/2025/12/22/500x300_2113899-annual-income-tax-case-digest-itat-decisions-2025-part-ii-taxscan.webp "Annual Income Tax Case Digest: ITAT Decisions 2025 [Part II]")
Annual Income Tax Case Digest: ITAT Decisions 2025 [Part II]
This annual round-up analytically summarizes the key Direct Tax-Income Tax rulings of the Income Tax Appellate Tribunal (ITAT) reported on Taxscan.in...
![Annual Income Tax Case Digest: ITAT Decisions 2025 [Part I]](https://images.taxscan.in/h-upload/2025/12/22/250x150_2113873-annual-income-tax-case-digest-itat-decisions-2025-annual-income-tax-case-digest-case-digest-itat-2025-taxscan.webp "Annual Income Tax Case Digest: ITAT Decisions 2025 [Part I]")
![New Compounding Guidelines of CBDT apply Only to Fresh Applications: Madras HC Clarifies Scope of S. 279 [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/250x150_2114198-cbdt-madras-hc-fresh-applications-compounding-guidelines-madras-hc-tax-ruling-taxscan.webp "New Compounding Guidelines of CBDT apply Only to Fresh Applications: Madras HC Clarifies Scope of S. 279 [Read Order]")
![Benami Attachment Cannot Breach the “Impregnable Firewall” of NCLT‑Approved Resolution Plan: Madras HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/250x150_2114211-benami-attachment-cannot-breach-impregnable-firewall-nclt-approved-resolution-plan-madras-hc-taxscan.webp "Benami Attachment Cannot Breach the “Impregnable Firewall” of NCLT‑Approved Resolution Plan: Madras HC [Read Order]")
![Once Refund upheld in Appeal, GST Dept Cannot Initiate Recovery Proceedings on Same Issue: Orissa HC [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/250x150_2114177-gst-dept-orissa-hc-taxscan.jfif "Once Refund upheld in Appeal, GST Dept Cannot Initiate Recovery Proceedings on Same Issue: Orissa HC [Read Order]")
Sale of Food And Beverages at Cinema Counters Not a Taxable Service: CESTAT in Cinepolis India Case [Read Order]
The New Delhi Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that sale of food and beverages at cinema counters does not amount to a taxable service under the...
![Sale of Food And Beverages at Cinema Counters Not a Taxable Service: CESTAT in Cinepolis India Case [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/500x300_2114179-sale-food-beverages-cinema-counters-not-taxable-service-cestat-cinepolis-india-case-taxscan.webp "Sale of Food And Beverages at Cinema Counters Not a Taxable Service: CESTAT in Cinepolis India Case [Read Order]")
Relief to Indiamart: CESTAT Rules Refund of Excess Service Tax Paid on Unused Subscription Amounts Not Time-Barred Post-GST [Read Order]
The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that the refund of excess service tax paid on amounts refunded to customers is not time-barred where the...
![Relief to Indiamart: CESTAT Rules Refund of Excess Service Tax Paid on Unused Subscription Amounts Not Time-Barred Post-GST [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/500x300_2114184-relief-indiamart-cestat-rules-refund-excess-service-tax-paid-unused-subscription-amounts-time-barred-post-gst-taxscan.webp "Relief to Indiamart: CESTAT Rules Refund of Excess Service Tax Paid on Unused Subscription Amounts Not Time-Barred Post-GST [Read Order]")
Customs Cannot Reject Declared Value of LED TVs Based on Third-Party Documents Without Independent Evidence: CESTAT [Read Order]
The New Delhi Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that Customs authorities cannot reject the declared transaction value of imported LED TVs based solely...
![Customs Cannot Reject Declared Value of LED TVs Based on Third-Party Documents Without Independent Evidence: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/500x300_2114180-customs-reject-declared-value-led-tvs-third-party-documents-independent-evidence-cestat-taxscan.webp "Customs Cannot Reject Declared Value of LED TVs Based on Third-Party Documents Without Independent Evidence: CESTAT [Read Order]")
Real Estate Broker’s Excel Sheet Triggers ₹48 Lakh ‘On-Money’ Income Tax Addition: ITAT Gives Relief to Homebuyer [Read Order]
The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) granted relief to a homebuyer after an income tax addition of Rs. 48 lakh was made on the allegation of on-money payment based...
![Real Estate Broker’s Excel Sheet Triggers ₹48 Lakh ‘On-Money’ Income Tax Addition: ITAT Gives Relief to Homebuyer [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/500x300_2114159-real-estate-broker-excel-sheet-triggers-on-money-income-tax-addition-itat-relief-homebuyer-taxscan.webp "Real Estate Broker’s Excel Sheet Triggers ₹48 Lakh ‘On-Money’ Income Tax Addition: ITAT Gives Relief to Homebuyer [Read Order]")
ITRs are Authentic Proof of Income in MACT Claims: Calcutta HC enhances Compensation from ₹15 Lakh to ₹39 Lakh [Read Order]
TheCalcutta High Court has modified a compensation award, enhancing the compensation amount awardable to a victim from ₹15.05 Lakh to ₹39 Lakh, after affirming that Income Tax Returns (ITR) are...
![ITRs are Authentic Proof of Income in MACT Claims: Calcutta HC enhances Compensation from ₹15 Lakh to ₹39 Lakh [Read Order]](https://images.taxscan.in/h-upload/2025/12/23/500x300_2114143-itr-authentic-proof-income-mact-claims-calcutta-hc-enhances-compensation-taxscan.webp "ITRs are Authentic Proof of Income in MACT Claims: Calcutta HC enhances Compensation from ₹15 Lakh to ₹39 Lakh [Read Order]")
SEBI Mandates Half-Yearly Disclosure Norms for Securitised Debt Instruments to Enhance Transparency [Read Circular]
The Securities and Exchange Board of India (SEBI) has issued a Circular dated December 16, 2025, mandating detailed half-yearly disclosure requirements for Securitised Debt Instruments (SDIs). The...
![SEBI Mandates Half-Yearly Disclosure Norms for Securitised Debt Instruments to Enhance Transparency [Read Circular]](https://images.taxscan.in/h-upload/2025/12/23/500x300_2114124-sebi-mandates-hal-f-yearly-disclosure-norms-securitised-debt-instruments-enhance-transparency-taxscan.webp "SEBI Mandates Half-Yearly Disclosure Norms for Securitised Debt Instruments to Enhance Transparency [Read Circular]")
Writ Jurisdiction Cannot Override Statutory IBC Process: Calcutta HC Dismisses Guarantors’ Challenge to Personal Insolvency Proceedings [Read Order]
The Calcutta High Court, in a recent judgement, dismissed a writ petition filed by guarantors challenging personal insolvency proceedings initiated against them under Section 95 of the Insolvency...
![Writ Jurisdiction Cannot Override Statutory IBC Process: Calcutta HC Dismisses Guarantors’ Challenge to Personal Insolvency Proceedings [Read Order]](https://images.taxscan.in/h-upload/2025/12/20/500x300_2113347-writ-jurisdiction-override-statutory-ibc-process-calcutta-hc-dismisses-guarantors-challenge-personal-insolvency-proceedings-taxscan.webp "Writ Jurisdiction Cannot Override Statutory IBC Process: Calcutta HC Dismisses Guarantors’ Challenge to Personal Insolvency Proceedings [Read Order]")