Insights — Aurtus Consulting

Maharashtra Global Capability Centre (GCC) Policy 2025 India remains at the forefront of Global Capability Centres (GCCs) expansion, witnessing unprecedented growth over the past five years. The GCC landscape has expanded dramatically

Aurtus Consulting 24/11/25 Aurtus Consulting 24/11/25

Maharashtra Global Capability Centre (GCC) Policy 2025

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Merck Life Science Private Limited Vs Union of India & Ors [ WP 27259 of 2024], dated 7 November 2025. The Petitioner, engaged in providing intermediary services to foreign entities, had, under a bona fide belief, treated such serv

Aurtus Consulting 21/11/25 Aurtus Consulting 21/11/25

Merck Life Science Private Limited Vs Union of India & Ors [ WP 27259 of 2024], dated 7 November 2025.

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AO cannot reject the prescribed method of Valuation, ITAT deletes addition under Section 50CA The Assessee1 is an individual, engaged in business of trading of shares. The Assessee transferred 801 shares in Cash Grail (P) Ltd (‘CGPL’)

Aurtus Consulting 21/11/25 Aurtus Consulting 21/11/25

AO cannot reject the prescribed method of Valuation, ITAT deletes addition under Section 50CA

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Kerala HC upholds proviso to section 194A(3) of Income tax Act, 1961 for high-turnover co-operative societies The Hon’ble Kerala High Court (hereinafter referred to as ‘the Court’) in the case of Vellangallur Peoples Welfare Co-Operati

Aurtus Consulting 18/11/25 Aurtus Consulting 18/11/25

Kerala HC upholds proviso to section 194A(3) of Income tax Act, 1961 for high-turnover co-operative societies

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Cash Compensation for delay in flat handover not taxable under Section 50C Suvarna Chandrakant Bhojane (‘the Assessee’), had entered into a development agreement for construction of flats on her land. As per the terms of the agreement,

Aurtus Consulting 13/11/25 Aurtus Consulting 13/11/25

Cash Compensation for delay in flat handover not taxable under Section 50C

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Customs (Voluntary Revision of Entries Post Clearance) Regulations, 2025 The Central Board of Indirect Taxes and Customs [CBIC] has issued the Customs (Voluntary Revision of Entries Post Clearance) Regulations, 2025, exercising powers

Aurtus Consulting 11/11/25 Aurtus Consulting 11/11/25

Customs (Voluntary Revision of Entries Post Clearance) Regulations, 2025

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Employment Linked Incentive Scheme The Pradhan Mantri Viksit Bharat Rozgar Yojana is a government initiative aimed at promoting employment generation and workforce formalisation in India. By providing targeted incentives to both employ

Aurtus Consulting 08/11/25 Aurtus Consulting 08/11/25

Employment Linked Incentive Scheme

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NCLT clears Kirloskar group merger; holds tax benefit not equal to tax avoidance The Mumbai Bench of the NCLT has sanctioned the Scheme of Amalgamation between The Kolhapur Steel Ltd (“Transferor Company”) and Karad Projects and Motors

Aurtus Consulting 07/11/25 Aurtus Consulting 07/11/25

NCLT clears Kirloskar group merger; holds tax benefit not equal to tax avoidance

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ITAT interprets the word ‘may’ u/s 43 of BMA as directory and not mandatory The Special Bench (‘SB’) of the Mumbai ITAT in the case 1 of Mr.Vinil Venugopal & Mrs.Ranjeeta Vinil has held that the word “may” u/s43 of the Black Money

Aurtus Consulting 05/11/25 Aurtus Consulting 05/11/25

ITAT interprets the word ‘may’ u/s 43 of BMA as directory and not mandatory

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GAAR Panel terms Hinduja Group demerger an ‘impermissible avoidance arrangement’ Hinduja Global Solutions Ltd (‘HGSL’) had entered into a Scheme of Arrangement with NXTDigital Ltd involving demerger of digital, media and communications

Aurtus Consulting 04/11/25 Aurtus Consulting 04/11/25

GAAR Panel terms Hinduja Group demerger an ‘impermissible avoidance arrangement’

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Clarification on post-sales discounts and secondary discounts In pursuance of the recommendations of the 56th GST Council Meeting held at New Delhi on 03 September 2025, the Government vide Circular No 251/08/2025 – GST dated 12 Septem

Aurtus Consulting 18/09/25 Aurtus Consulting 18/09/25

Clarification on post-sales discounts and secondary discounts

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Customs (Finalization of Provisional Assessment) Regulations, 2025 The Central Board of Indirect Taxes and Customs [CBIC] has issued the Customs (Finalisation of Provisional Assessment) Regulations, 2025, replacing the earlier 2018 reg

Aurtus Consulting 18/09/25 Aurtus Consulting 18/09/25

Customs (Finalization of Provisional Assessment) Regulations, 2025

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Navigating FTAs in India - Claiming duty benefits under the Regional Trade Agreements India is poised to become one of the world’s next economic powers. In pursuit of this vision, the country has adopted a dual strategy of strengthenin

Aurtus Consulting 17/09/25 Aurtus Consulting 17/09/25

Navigating FTAs in India - Claiming duty benefits under the Regional Trade Agreements

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Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2025 Section 233 of the Companies Act, 2013 (‘the Act’) read with Rules1 provides for fast-track merger or amalgamation of: (a) Two or small companies; (b) A hold

Aurtus Consulting 13/09/25 Aurtus Consulting 13/09/25

Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2025

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Divisional Bench Overrules the Singal Bench order of refund of unutilized ITC in cash on account of the closure of business The Appellant, engaged in the business of manufacturing security inks and solutions, was registered under GST i

Aurtus Consulting 11/09/25 Aurtus Consulting 11/09/25

Divisional Bench Overrules the Singal Bench order of refund of unutilized ITC in cash on account of the closure of business

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Madras HC quashes tax demand for lack of clear valuation in revenue-sharing model The Petitioner, engaged in the business of providing diagnostic and healthcare-related services through laboratories and testing centers. The Petitioner

Aurtus Consulting 11/09/25 Aurtus Consulting 11/09/25

Madras HC quashes tax demand for lack of clear valuation in revenue-sharing model

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No Disallowance u/s 40A(3) where cash payments are genuine and verifiable For Assessment Year 2014–15, the taxpayer, Sabha Chand, engaged in the retail sale of liquor, reported turnover of  INR 6.56 crores with a net profit of 0.8

Aurtus Consulting 08/09/25 Aurtus Consulting 08/09/25

No Disallowance u/s 40A(3) where cash payments are genuine and verifiable

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Recommendations made in the 56th GST Council meeting Concluding its much-anticipated 56th GST Council meeting, the Council reached a consensus to streamline the existing four-rate structure—5%, 12%, 18%, and 28% + Compensation Cess—int

Aurtus Consulting 04/09/25 Aurtus Consulting 04/09/25

Recommendations made in the 56th GST Council meeting

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Kesari Nandan Mobile vs. Office of Assistant Commissioner of State Tax (2), Enforcement Division – 5 [Civil Appeal No. 9543 of 2025] dated 14 August 2025 Renewal of Provisional Attachment Orders Beyond Statutory Period H

Aurtus Consulting 01/09/25 Aurtus Consulting 01/09/25

Kesari Nandan Mobile vs. Office of Assistant Commissioner of State Tax (2), Enforcement Division – 5 [Civil Appeal No. 9543 of 2025] dated 14 August 2025

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Supreme Court lays down important principles for determining Fixed Place PE The Supreme Court (‘SC’) of India has delivered a landmark judgement on the issue related to constitution of a Fixed Place Permanent Establishment (‘PE’) under

Aurtus Consulting 28/08/25 Aurtus Consulting 28/08/25

Supreme Court lays down important principles for determining Fixed Place PE

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