ITAT: Validates cash deposits during demonetisation sourced from Assessee’s deceased mother; Deletes Sec. 69A addition

• In Favour of Assessee
• Citation Number : TS-471-ITAT-2026(Mum)

HC: Fraudulent availment of ITC does not justify issuance of consolidated SCN for multiple-years

• In Favour of Petitioner
• Citation Number : TS-210-HC(BOM)-2026-GST

ITAT: Sec. 68 additions in first year of operation unsustainable; Deletes addition as genuineness & creditworthiness satisfied

• In Favour of Assessee
• Citation Number : TS-463-ITAT-2026(DEL)

ITAT: Payment for project-specific architectural & consultancy services not FTS sans ‘make available’; No TDS liability

• In Favour of Assessee
• Citation Number : TS-464-ITAT-2026(Mum)

ITAT: Quashes assessment due to time barred Sec. 143(2) notice; Limitation provision non-compliance, a substantive illegality

• In Favour of Assessee
• Citation Number : TS-465-ITAT-2026(DEL)

ITAT: Quashes Sec. 153C assessment based solely on third party document sans corroborative incriminating evidence

• In Favour of Assessee
• Citation Number : TS-466-ITAT-2026(HYD)

ITAT: Deletes Sec. 68 addition as Assessee sufficiently proved creditworthiness & genuineness of share capital

• Citation Number : TS-467-ITAT-2026(DEL)

ITAT: Agreement date is "appointed date" for Sec. 50C valuation; Sec. 54 deduction allowable from date of registered transfer

• In Favour of Assessee
• Citation Number : TS-468-ITAT-2026(Mum)

ITAT: Sec. 14A disallowance unsustainable on interest receipts between BNP Paribas HO & Branch basis 'mutuality principle'

• In Favour of Assessee
• Citation Number : TS-470-ITAT-2026(Mum)

HC: Capital gain on business assets to pass through Profit & Loss account, not reserves, for Section 115JB book profits

• In Favour of Assessee
• Citation Number : TS-469-HC-2026(MAD)

Advisory on appeal filing issues where order show “NIL” demand post-voluntary payment

Bombay HC grants interim protection in levy of GST on redevelopment contract

HC: Negative blocking of ITC impermissible; Positive balance can be blocked

• In Favour of Petitioner
• Citation Number : TS-209-HC(BOM)-2026-GST

HC: Stays recovery proceedings against Refex Industries; Directs re-credit of Rs. 1.1 cr in ledger

• In Favour of Petitioner
• Citation Number : TS-208-HC(BOM)-2026-GST

HC: Bonafide reasons for non-filing of returns, procedural delay cannot override substantive rights; Quashes registration-cancellation

• In Favour of Petitioner
• Citation Number : TS-207-HC(BOM)-2026-GST

HC: Declines interference on ground of multi-year clubbing

• In Favour of Respondent
• Citation Number : TS-206-HC(DEL)-2026-GST

SC: Adjudicating Authority can't 'undo' Competent Authority's order under FEMA during appeal pendency

HC: Restriction on electronic credit ledger cannot continue beyond 1 year; Sets aside ITC blocking

• In Favour of Petitioner
• Citation Number : TS-204-HC(BOM)-2026-GST

HC: Negative blocking beyond ambit of Rule 86A; Directs restoration of Rs. 1.42 cr ITC

• In Favour of Petitioner
• Citation Number : TS-203-HC(BOM)-2026-GST

SC: Cancels bail of Co.'s ex-Director for non-compliance with bail conditions in fund-siphoning case