HC: Grants bail to Advocate in ITC fraud case, noting role limited to compliance

• In Favour of Applicant
• Citation Number : TS-147-HC(GUJ)-2026-GST

HC: Revenue cannot revive lapsed assessments after a decade under garb of Sec. 153A; Quashes reassessment as time barred

• In Favour of Assessee
• Citation Number : TS-311-HC-2026(RAJ)

NCLT: Sanctions JM Baxi composite demerger scheme; Rejects minority shareholder's objections

NCLT: Approves Honeywell’s aerospace business demerger as part of broader global restructuring initiative

Bombay HC quashes bulk rejection of Sec. 12AB approvals over 'irrevocability' clause

Department carries out nationwide verification exercise on restaurants revealing turnover suppression of Rs. 408 Cr.

HC: Revenue challenges AAR ruling affirming Mauritius treaty benefit to Shinsei Bank entities

ITAT: Earlier year deficits qualify as application of income in subsequent years; Cites restriction u/s 11(1) applies from AY 2022-23

• In Favour of Assessee
• Citation Number : TS-310-ITAT-2026(Bang)

Export obligation period extended till Aug 31 amid global supply chain disruption

CBIC prescribes procedure for return of export cargo due to Strait of Hormuz closure

DGFT launches credit assistance and emerging export opportunities support schemes under EPM - Niryat Protsahan

ITAT: Assumption of jurisdiction for issuance of notice u/s 148, valid, if no return filed u/s 139(1)

• In Favour of Both, Partially
• Citation Number : TS-309-ITAT-2026(Mum)

ITAT: Excludes companies having higher turnover; Upholds LIBOR+200 bps for benchmarking interest on outstanding receivables

• In Favour of Both, Partially
• Citation Number : TS-221-ITAT-2026(Bang)-TP

HC: Arbitrator can't render 'conclusive' findings u/s 16 touching merits of dispute; Partly allows petition

ITAT: Rules on comparables for BPO services; Remits adjustments qua working capital, interest on receivables

• In Favour of Both, Partially
• Citation Number : TS-220-ITAT-2026(Bang)-TP

HC: AI misuse maligning woman’s dignity must be nipped in the bud; Protects Shilpa Shetty’s personality rights

HC: FAA lacks power to remand matter to adjudicating authority; Orders fresh appeal adjudication

• In Favour of Petitioner
• Citation Number : TS-146-HC(ALL)-2026-GST

NCLAT: Direct disbursal to corporate debtor not 'prerequisite' for financial debt if ‘covenant to pay’ exists

'Doppelganger' Tool on Income Tax Rules, 2026 vs IT Rules, 1962!

Page Industries Revisited: Impact of IT Act 2025 on AE Status