ITAT: Holds PCIT cannot invoke revision simply to substitute an AO's plausible view

• In Favour of Assessee
• Citation Number : TS-308-ITAT-2026(DEL)

Bombay HC flags non-compliance with Gujarat-HC ruling on voluntary deposit during search; Directs re-examination

HC: Refuses to interfere with CCI probe into alleged labour-related coordination among fragrance manufacturers

HC: Quashes demand against eB2B platform Udaan on e-marketplace liability to deduct TCS u/s 52

SAT: Quashes SEBI’s disgorgement direction against Kotak AMC; Affirms penalty on trustee in Essel-Group investment case

ITAT: Allows set-off towards claims of retirement/pension benefits to society-members against FD interest receipts

• In Favour of Assessee
• Citation Number : TS-307-ITAT-2026(DEL)

Assignment of Leasehold Rights and GST - A Tax on Property Dressed as a Tax on Services

SEP and Virtual PE: The Ever-Evolving Concept - Part III

HC: Grants interim injunction protecting Shilpa Shetty Kundra’s personality rights, orders takedown of AI deepfake content

HC: Directs Govt. to decide on Imagicaaworld’s tax incentive extension & GST-refund plea

• In Favour of Not Applicable
• Citation Number : TS-133-HC(BOM)-2026-GST

SEBI: Issues Circular on categorization and rationalization of Mutual Fund Schemes

SEBI: Releases guidelines for custodians regarding rendering of financial services

SEBI: Introduces voluntary debit freeze facility for MF investors, effective April 30, 2026

Commerce Ministry: Launches 7 additional interventions under Export Promotion Mission to empower MSMEs for global markets

RBI: Releases updated FAQs on ECBs and Trade Credits

ITAT: AO cannot rely on material seized during search in set-aside proceedings; Separate proceedings apply

• In Favour of Assessee
• Citation Number : TS-306-ITAT-2026(DEL)

Can you Retrofit Cryptocurrency Gains into the Capital Gains Code?

AAR: Rejects application seeking classification of Rice husk board as non-maintainable, absent documents, compliance

• In Favour of Not Available
• Citation Number : TS-1090-AAR(GUJ)-2025-GST

ITAT: Restores Sec. 40(a)(i)/(ia) dispute to verify TDS compliance, given consistent policy of offering provisions to tax post-reversal

• In Favour of Both, Partially
• Citation Number : TS-305-ITAT-2026(Mum)

AAAR: Remands Rice Husk Board classification to AAR noting submission of documents at appellate stage

• In Favour of Not Available
• Citation Number : TS-145-AAAR(GUJ)-2026-GST