DGFT restricts import of Glufosinate below ₹1,154/kg for six months

Government increases Special Additional Excise Duty and Infrastructure Cess on petroleum products

HC: Quashes revision as assessment order passed after complete verification of facts & details on record

• In Favour of Assessee
• Citation Number : TS-519-HC-2026(BOM)

IFSCA: Updates reporting norms for Capital Market Intermediaries

FinMin: PMMY marked 11 years of success in strengthening India's grassroots entrepreneurs

SEBI: Launches various IT platforms to improve ease of doing business

IFSCA: Notifies IFSCA (Pension Fund) Regulations, 2026

RBI: Issues guidelines to facilitate faster cross-border inward payments

AAR: Used car sale taxable as per Section 32(5) on margin; Denies conclusive ruling absent requisite documents

• In Favour of Applicant
• Citation Number : TS-244-AAR(KAR)-2026-GST

ITAT: Suo-moto change in Assessee’s status from AOP/BOI to co-operative society, beyond scope of Sec. 143(1)

• In Favour of Assessee
• Citation Number : TS-518-ITAT-2026(Ahd)

AAR: Biodiesel–High Speed Diesel blends classifiable on petroleum content; B20, B30 under 271020, others under 3826

• In Favour of Applicant
• Citation Number : TS-243-AAR(KAR)-2026-GST

ITAT: Quashes draft and final assessment orders passed in name of non-existent company despite intimation

• In Favour of Assessee
• Citation Number : TS-301-ITAT-2026(DEL)-TP

ITAT: Rules on TP-adjustment qua manufacturing segment, allows idle capacity / working capital adjustments

• In Favour of Assessee
• Citation Number : TS-300-ITAT-2026(CHNY)-TP

ITAT: Allows Sec. 11 exemption citing activities as charitable, not commercial; Rejects applicability of proviso to Sec. 2(15)

• In Favour of Assessee
• Citation Number : TS-517-ITAT-2026(Mum)

ITAT: Adjudicates TP-adjustments w.r.t manufacturing / services segments, remits idle capacity adjustment, etc.

• In Favour of Assessee
• Citation Number : TS-299-ITAT-2026(CHNY)-TP

NCLT: Hypothecation deed reflecting repayment obligation constitutes guarantee; Initiates CIRP against RAB Enterprises' subsidiaries

Transformation of Transfer Pricing Compliance to a Data‑Driven Narrative

The Growing Cost of Correcting Mistakes under the Income-Tax Act, 1961 - Part II

GSTAT: Orders online transfer of appeal wrongly filed before Principal Bench to State Bench

• In Favour of Appellant
• Citation Number : TS-242-GSTAT(DEL)-2026-GST

HC: Affirms revision u/s 263 as assessment order erroneous due lack of inquiry & incorrect application of law

• In Favour of Revenue
• Citation Number : TS-516-HC-2026(MAD)