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LiveLawBiz: Business Law Daily Round-Up: December 02, 2025

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Update: 2025-12-03 04:33 GMT
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TAX AssessmentOrder Passed Without Awaiting DVD Report Violates S. 50C(2) IncomeTax Act: ITAT Ahmedabad 'WritNot Maintainable In Face Of Disputed Ownership': Delhi High Court InCustoms Gold Confiscation Case S.153C Income Tax Act | Public Info, Unrelated Data Seized FromSearched Person Not Enough To Issue Show Cause Notice: Gujarat HighCourt IncomeTax Act | S. 153C Proceedings Unsustainable...

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TAX

AssessmentOrder Passed Without Awaiting DVD Report Violates S. 50C(2) IncomeTax Act: ITAT Ahmedabad

'WritNot Maintainable In Face Of Disputed Ownership': Delhi High Court InCustoms Gold Confiscation Case

S.153C Income Tax Act | Public Info, Unrelated Data Seized FromSearched Person Not Enough To Issue Show Cause Notice: Gujarat HighCourt

IncomeTax Act | S. 153C Proceedings Unsustainable Without IncriminatingMaterial Found In Search: Calcutta High Court

AdmissionSolutions By TC Global To Foreign Universities Not 'IntermediaryService': Delhi High Court Upholds CESTAT Order

NoRecommendation To Bring Aviation Fuel Under GST, Clarifies CivilAviation Minister; Highlights Price Reduction Efforts

DelhiHigh Court Restores Trader's GST Registration After 3-Year Delay;Says Medical Issue, Dispute With CA Justified Relief

SalesTax Discharged At NPV Under State Incentive Scheme Not Addable ToTransaction Value For Excise Duty: CESTAT Mumbai

RevisionalPower U/S 263 Income Tax Act Cannot Be Upheld By Tribunal On GroundsNot Taken By Commissioner: Kerala High Court

CustomsCan't Make Passengers/Lawyers Sign Waiver Of SCN Or Hearing At GoodsAppraisement Stage: Delhi High Court

CentreDefends GST Hike On Coal, Says It Cuts Power Generation Cost By 17–18Paise/Unit

DGFTAllows Personal Carriage Of Gems & Jewellery Parcels ThroughAhmedabad Airport Under FTP 2023

DelhiHigh Court Imposes Costs On Party For Misrepresenting New GoldJewellery As 'Old'; Orders Release Subject To Payment Of Duty

ExtendedLimitation Cannot Be Invoked Without Proof Of Intent To Evade: CESTATDelhi Sets Aside Service Tax Demand On Car Parking Charges

CentreExpands Collateral-Free MSME Financing To ₹10 Crore Under RevampedCGS; Clarifies Subsidy, Equity Support Figures

'InvestedSubstantial Savings': Delhi High Court Permits Redemption OfLabourer's Gold Bar Seized By Customs

NRIEntitled To Bring Personal Jewellery/Watch For Re-Export: Delhi HighCourt Orders Release Of Rolex Seized At Airport

GSTBill | Lok Sabha Tables Manipur GST (2nd Amendment) Bill 2025;Track-And-Trace Mechanism Proposed For Select Goods

DelhiHigh Court Pulls Up GST Authority For Issuing Personal Hearing NoticeSaying Assessee's Attendance Not Needed

NoService Tax On Cost Allocation For Pet-Care Products Of MarsInternational: CESTAT Hyderabad

IPR

DelhiHigh Court Upholds Rejection Of Patent For Amylin and AstraZeneca'sSustained-Release Diabetes Injection

MadrasHigh Court Strikes Down Wrongful Copyright Entry Over 'Sagar HomeoStores' Logo

DelhiHigh Court Restrains Two-Wheeler Manufacturer From Using 'Destiny'Marks Similar To Hero Motocorp

Arbitration

MadrasHigh Court Upholds Arbitral Award Directing MediaOne To Pay ₹1.23Crore In 'Maatraan' Film Dispute

StatutoryRemedy Under Cooperative Societies Act Inapplicable When ArbitrationClause Exists: Karnataka High Court

IBC

IBCAuctions Not Ordinary Commercial Contracts, Market Volatility NoDefence For Evading Bid Obligations: NCLAT

CorrectnessOf NPA Classification Irrelevant To Initiating CIRP Once Default IsProven: NCLT Mumbai

NCLTMumbai Reaffirms Insolvency Process Can Proceed Against GuarantorsWithout CIRP Of Corporate Debtor

NCLTMumbai Upholds IL&FS' Power To Raise Price of Its BKCHeadquartes, Rejects Chronos' Plea To Enforce ₹1,080-Crore LoI

CONSUMER

BombayHigh Court To Examine If Non-Advertised Project Need Mandatory RERARegistration

ChandigarhConsumer Commission Rejects Appeal For Higher Compensation In FordEndeavour Repair Case

RERAAuthorities Cannot Decide Title Disputes Or Issue Declarations andInjunctions Like Civil Court : Bombay High Court

'BehindEvery File Lies A Person': Consumer Commission Raps MEDISEP, InsurerFor Wrongful Claim Repudiation, Orders Reimbursement

MumbaiConsumer Commission Orders Niva Bupa To Pay ₹66.50 Lakh ForWrongfully Denying Cancer Treatment Claim

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