The Bombay High Court, in Classic Legends (P.) Ltd. v. ACIT, held that an assessee cannot be treated as an “eligible assessee” under Section 144C(15)(b) of the Income Tax Act, 1961, where no variation in income arises pursuant to a Transfer Pricing Officer’s (TPO) order. Upholding the Gujarat High Court’s ruling in Pankaj Extrusion Ltd., […]
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 Cognizant Technology Solutions India Pvt. Ltd. v. Atyati Technologies Pvt. Ltd. (SLP (Civil) No. 25582 of 2025), the Supreme Court set aside the Bombay High Court’s order restraining Cognizant from using its hexagonal logo, allowing continued use pending final adjudication of the interim injunction. The Court held that the Division Bench erred in interfering […]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) held that salary received in India by a non-resident for services rendered entirely in Malaysia is not taxable in India. The Tribunal observed that under Section 9(1)(ii) of the Income-tax Act, 1961, salary income accrues where services are performed, not where payment is received. It […]
In Pernod Ricard India Pvt. Ltd. & Anr. v. Karanveer Singh Chhabra (2025 INSC 981), the Supreme Court dismissed the appeal challenging the Madhya Pradesh High Court’s refusal to grant an interim injunction against the use of the mark “London Pride”. The Court held that “Pride” is a generic and laudatory term widely used in […]
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]
