GSTN introduces IMS Offline Tool for efficient handling of individual and bulk invoices

ITAT: TDS credit to be granted to deductee if tax is paid & reflected in accounts; Remands matter for verification

• In Favour of Assessee
• Citation Number : TS-570-ITAT-2026(HYD)

DGFT extends Interest Subvention to MSE iron/steel exports; Instruction issued for Post-Export EPCG-Scrip

Writ before Karnataka HC challenges retrospective amendment for undermining DIN compliance

NCLT: Admits Sec. 7 application; Restricts CIRP to corporate debtor's residential project

Form 41 under I-T Act, 2025: Has Pre-Filing Been Made Mandatory for Availing Treaty Benefits?

ITAT: Lack of nexus between withdrawals & deposits defeats telescoping claim; Confirms reopening & addition u/s 69A

• In Favour of Revenue
• Citation Number : TS-558-ITAT-2026(Mum)

HC: Rules on ‘relevant date’ for counting limitation regarding unutilised ITC-refund as per unamended Explanation-2(e)

• In Favour of Petitioner
• Citation Number : TS-270-HC(DEL)-2026-GST

RBI: Issues consolidated directions on Digital Payments - E-mandate Framework, 2026

SC: Upholds NCLAT’s appeal dismissal for filing beyond condonable delay period; Cites A. Rajendra ruling

ITAT: Execution of JDA sans consideration & absolute possession, not ‘transfer’ u/s 45; Deletes LTCG addition

• In Favour of Assessee
• Citation Number : TS-567-ITAT-2026(HYD)

SC: Designated Courts to expeditiously pass appropriate orders for Rs. 1950 cr. scheme implementation

SC: Legal representatives can challenge arbitral award u/s 34 of Arbitration Act, not Article 227

SC: Flags NCLT’s delay in resolution plan approvals; Seeks comprehensive report on pendency, non-adjudication reasons

NCLAT: Upholds CCI action against protective tube manufacturers for bid-rigging in railway tenders

ITAT: Source of source documentation mandatory u/s 68 proviso for unsecured loans addition; Restores matter

• In Favour of Both, Partially
• Citation Number : TS-566-ITAT-2026(Mum)

ITAT: Accepts margin under BAPA qua US-AEs as ALP for non US-AE transactions also

• In Favour of Assessee
• Citation Number : TS-316-ITAT-2026(Mum)-TP

ITAT: Rules on comparables selection; Directs application of LIBOR or Euribor rates for computing interest on outstanding receivables

• In Favour of Both, Partially
• Citation Number : TS-315-ITAT-2026(Bang)-TP

ITAT: Remits TP-adjustment qua interest on CCDs, assessee/TPO/CIT(A) did not consider relevant factors

• In Favour of Both, Partially
• Citation Number : TS-312-ITAT-2026(Bang)-TP

ITAT: Amount utilized before filing return need not be deposited in capital gain account; Allows Sec. 54F deduction

• In Favour of Assessee
• Citation Number : TS-565-ITAT-2026(DEL)