HC: Sets aside rejection of Topotarget’s patent application; Controller must independently assess patent applications

HC: Interim ban protecting Swami Ramdev’s personality rights, orders takedown of infringing content

ITAT: Dismisses assessee’s appeal as withdrawn; Considers TP issues being resolved in light of MAP resolution

• In Favour of Assessee
• Citation Number : TS-225-ITAT-2026(Mum)-TP

ITAT: Rejects wrong PIN-code plea, portal upload of Sec. 148 notice considered valid service; Restores matter

• In Favour of Both, Partially
• Citation Number : TS-323-ITAT-2026(DEL)

HC: Transfers PMLA case to CBI Special Court trying predicate scheduled offence under PC Act

ITAT: Slams Assessee's 'sinister design' for tax evasion; Sustains disallowance as deduction claim being colourable device

• In Favour of Revenue
• Citation Number : TS-322-ITAT-2026(DEL)

ITAT: Sec. 143(1) adjustments made without statutory intimation, invalid, cites prior notice mandatory

• In Favour of Assessee
• Citation Number : TS-321-ITAT-2026(Mum)

IBC Round-Up – February, 2026

HC: CGST Act doesn’t allow cash seizure, and its transfer to I-T Dept. for further process

• In Favour of Petitioner
• Citation Number : TS-150-HC(BOM)-2026-GST

The Step-Child Conundrum: Family Law Concepts and Clubbing of Minor’s Income in the New Income-tax Act

SC: IBC intended for restitution of company; Rejects appeal against NCLAT judgment in ‘contractual dispute’

SC: Rejects appeal against NCLAT judgment upholding Rs. 1,950 cr. NSEL settlement-scheme for 2013 payment default

HC: Absent prohibitory provisions, inter-state transfer of ITC upon amalgamation permissible; Directs manual processing

• In Favour of Petitioner
• Citation Number : TS-149-HC(GUJ)-2026-GST

ITAT: Creditor write-back already in P&L cannot be taxed again; Holds Ajio’s marketing expenses as ‘revenue’

• In Favour of Assessee
• Citation Number : TS-320-ITAT-2026(Mum)

NCLAT: Sec. 9 proceedings not meant to adjudicate contractual-disputes over payment of fees or services

ITAT: Sec. 263 order on capital gain unsustainable where AO made due inquiry & order not erroneous

• In Favour of Assessee
• Citation Number : TS-319-ITAT-2026(DEL)

HC: Once goods title vests with Government post-confiscation order, sec. 129 remedy closes

• In Favour of Respondent
• Citation Number : TS-148-HC(KAR)-2026-GST

ITAT: Sustains Sec. 69A addition basis statement recorded u/s 132(4), supported by incriminating material

• In Favour of Assessee
• Citation Number : TS-318-ITAT-2026(Bang)

​Tax Beats #19 -Income-tax Act, 2025 Distilled with Dinesh Supekar

NCLAT: Rejects appeal against NCLT order approving Rs. 1,950 cr. NSEL settlement scheme for 2013 default