ITAT: Dismisses Revenue’s appeal and upholds CIT(A)’s exclusion of 10 comparables

• In Favour of Assessee
• Citation Number : TS-259-ITAT-2026(Bang)-TP

ITAT: Directs AO/TPO to grant working capital adjustment; Remits operating margin issue

• In Favour of Both, Partially
• Citation Number : TS-265-ITAT-2026(DEL)-TP

ITAT: Rules on comparables selection for SDS segment; Remits risk adjustment

• In Favour of Both, Partially
• Citation Number : TS-260-ITAT-2026(DEL)-TP

NFRA issues Inspection Reports for 6 audit firms

ITAT: Allows assessee’s application for limited purpose of stay

• In Favour of Assessee
• Citation Number : TS-266-ITAT-2026(DEL)-TP

SC: Permits withdrawal of writ on composite notice for approaching High Court

• In Favour of Petitioner
• Citation Number : TS-1095-SC-2025-GST

ITAT: Opportunity of being heard should be real, reasonable & effective, not mere paper opportunity; Remits for denovo adjudication

• In Favour of Assessee
• Citation Number : TS-428-ITAT-2026(PAN)

From Jurisdictional Safeguard to Rubber Stamp: Constitutional Examination of Sections 292BC of ITA 1961 & 522 of ITA 2025

Refund Under GST - When Foreign Currency Does Not Flow In

NCLT: Rejects SRBC, BSR’s plea on Sec. 339 inapplicability to IL&FS ex auditors

SEBI: Confirms interim order restraining slump sale to promoter related entity at undervalued price

HC: Contractual tax liability crystallizes on auction date despite post-GST payment window

• In Favour of Respondent
• Citation Number : TS-197-HC(BOM)-2026-GST

ITAT: Corpus donation not income u/s 11(1)(a) for ICICI Foundation; AO cannot take contrary view if position accepted in previous AYs

• In Favour of Assessee
• Citation Number : TS-427-ITAT-2026(CHNY)

HC: Admits assessee’s appeal on comparables’ selection issue

ITAT: Confirms Sec. 68 addition for deposits during demonetisation; Rejects Assessee’s story as against human probabilities

• In Favour of Assessee
• Citation Number : TS-426-ITAT-2026(SUR)

Government notifies CVD, SAED exemption on ATF; Windfall tax for Diesel, Petrol, ATF exports

Madras HC upholds denial of ITC where supplier failed to remit tax and report invoices in GSTR1

HC: Quashes MSME Facilitation Council's unreasoned award terminating arbitration proceedings

SC: Arbitral proceedings 'nullity' where Arbitrator lacked inherent jurisdiction due to absence of agreement

HC: Sets aside Appellate Order for procedural lapses, cites failure to upload notice and order

• In Favour of Petitioner
• Citation Number : TS-196-HC(RAJ)-2026-GST