HC: Upholds arbitral award favouring investor despite absence of formal counterclaim, given ‘mutual confusion’

HC: AO has no power to go behind net profit in P&L for MAT except beyond specified additions

• In Favour of Assessee
• Citation Number : TS-379-HC-2026(BOM)

HC: Compelling accused to undergo similar period of custody as co-accused ‘fallacy of law’; Grants bail

Bombay HC directs adjudication on interest over pre-deposit shortfall; 10-day recovery protection if liability upheld

ITAT: Corrigendum order passed to rectify name just & proper; Upholds revision order u/s 263 against Amazon

• In Favour of Revenue
• Citation Number : TS-378-ITAT-2026(DEL)

HC: Cancels mark “KREOFLAT” deceptively similar to Abbott’s prior TM “PANKREOFLAT” for medicines

ITAT: ITAT: Disallowance u/s 94B discriminates & violates Article 24(4) of India-Denmark DTAA; Directs deletion of disallowance

• In Favour of Assessee
• Citation Number : TS-377-ITAT-2026(CHNY)

Net Direct Tax collection increases by 4.86%, Advance Tax Collection increases by 6.42%

HC: Upholds amalgamation of PMC Bank with Unity Small Finance Bank, cites 'no legal infirmity'

DGTR initiates anti-dumping probe on Ethyl Chloroformate, Hexamine imports from China

HC: 18% GST on services to Govt entities valid; Recovery of 6% differential tax deferred

• In Favour of Respondent
• Citation Number : TS-174-HC(MAD)-2026-GST

NCLT: Approves Adani Group's scheme of arrangement to consolidate green energy business, achieve cost optimization

ITAT: Unexplained investment taxable when declaration under IDS, 2016 rendered invalid; Affirms addition

• In Favour of Both, Partially
• Citation Number : TS-374-ITAT-2026(CHNY)

ITAT: Restores TP-adjustment w.r.t interest on ECBs; Considers change of lender, floating vs. fixed rate, etc.

• In Favour of Both, Partially
• Citation Number : TS-247-ITAT-2026(Bang)-TP

HC: HC: Copy of Bombay HC order quashing rejection of Sec. 12AB approvals over 'irrevocability' clause

• In Favour of Assessee
• Citation Number : TS-373-HC-2026(BOM)

HC: Purchaser can’t be penalised for seller’s GST default; Applies Sahil Enterprises ratio

• In Favour of Petitioner
• Citation Number : TS-173-HC(TRI)-2026-GST

NCLT: Refrains from adjudicating YEIDA's claim given matter sub-judice before Apex Court

NCLT: Allows Paytm's insolvency plea against eyewear manufacturer

NCLT: Can't assume "parallel jurisdiction" to enforce decretal claim under guise of insolvency proceedings

NCLAT: Sec. 9 application not maintainable amid genuine 'pre-existing dispute'; Rejects appeal