ITAT Mumbai Deletes ₹445 Cr TP Adjustment in Netflix India Case; Clarifies Characterisation of Digital Distribution Model. The Mumbai Bench of the Income Tax Appellate Tribunal has delivered a landmark ruling in the case of Netflix Entertainment Services India LLP (AY 2021-22), deleting a transfer pricing adjustment of ₹445 crores proposed by the TPO. The […]
In Hindustan Construction Company Ltd. v. Bihar Rajya Pul Nirman Nigam Ltd. (SLP (C) No. 4211 of 2025; 2025 INSC 1385), the Supreme Court held that a High Court cannot review or reopen an order passed under Section 11(6) of the Arbitration and Conciliation Act once the arbitral process has commenced. The Court observed that […]
The Delhi High Court in the case of Clifford Chance Pte. Ltd. (“taxpayer”) dismissed Revenue’s appeals against the Tribunal order, holding that in absence of a specific clause in the India-Singapore DTAA, it was not open to the tax authorities to import the concept of Virtual Service Permanent Establishment into the India-Singapore DTAA to bring […]
We are pleased to share with you our latest Customs and GST Alert, covering recent judgments and regulatory updates. We trust that you will find the same useful. Looking forward to receiving your valuable feedback. For any clarification, please write to: Mr. Shammi Kapoor Senior Partner [email protected] Mr. Arnab Roy Partner [email protected]
In a major structural overhaul of India’s labour regulatory regime, the Government of India has announced the enforcement of the four consolidated Labour Codes, Code on Wages (2019), Industrial Relations Code (2020), Social Security Code (2020), and Occupational Safety, Health and Working Conditions Code (2020), effective 21 November 2025. These reforms streamline 29 existing Central […]
In Novenco Building and Industry A/S v. Xero Energy Engineering Solutions Pvt. Ltd. & Anr. (2025 INSC 1256), the Supreme Court held that in cases of continuing infringement, urgency must be assessed based on the nature of the alleged wrong and its ongoing impact, not merely on the time taken to file the suit. The […]
