HC: Directs TPO to pass fresh order w.r.t comparables selection after providing assessee opportunity to reply to SCN

• In Favour of Assessee
• Citation Number : TS-205-HC-2026(BOM)-TP

HC: Tainted ITC-chain renders EWB & weighment-slips inadequate for proving goods movement; Sustains Sec.74 notice

• In Favour of Petitioner
• Citation Number : TS-124-HC(CAL)-2026-GST

HC: Upholds taxation of additional income offered voluntarily post-survey; Rejects Assessee's coercion plea sans retraction

• In Favour of Revenue
• Citation Number : TS-267-HC-2026(KAR)

HC: Allows assessee’s writ petition, sets aside AO’s draft order

• In Favour of Assessee
• Citation Number : TS-206-HC-2026(DEL)-TP

Taxsutra Compilation: Domestic Tax Rulings - February 2026

Taxsutra Compilation: International Tax Capsule - February 2026

Tax Paid, Credit Denied? Rethinking the TR-6 Challan Controversy

SC: ED to form SIT to probe alleged huge bank-fraud involving Anil Ambani linked cos

HC: Sans inquiry into Trust activities, no registration can be granted u/s 12AB & 80G; Remands matter to CIT(E)

• In Favour of Revenue
• Citation Number : TS-266-HC-2026(DEL)

HC: Forest Essentials’ cannot claim monopoly over word ‘FOREST’; Refuses injunction against mark “BABY FOREST”

HC: Refuses to examine validity of Section 168A extension notifications; Disposes writ in view of pending SC proceedings

• In Favour of Petitioner
• Citation Number : TS-1089-HC(RAJ)-2025-GST

AAR: Mojito & similar non-alcoholic beverages taxable at 40% as 'sin/luxury goods'; Iced Tea, Syrups at 5%

• In Favour of Respondent
• Citation Number : TS-123-AAR(WB)-2026-GST

ITAT: Incorrect reliance on proviso to Section 194A constitutes ‘mistake apparent from record’ rectifiable u/s 254(2)

• In Favour of Assessee
• Citation Number : TS-265-ITAT-2026(Mum)

SC: Upholds HC order quashing money-laundering case against payment gateway Razorpay

Finance Bill 2026: The MAT Conundrum

HC: GSTAT possesses inherent-power to grant interim-relief; Writ not maintainable for want of interim-relief in second-appeal

• In Favour of Respondent
• Citation Number : TS-122-HC(BOM)-2026-GST

HC: Upholds capital gains on unlisted shares, sans evidence for "sham transaction"; Rejects PCIT’s stock-in-trade plea

• In Favour of Assessee
• Citation Number : TS-264-HC-2026(CAL)

CBDT notifies appointment of 22 officers in CCIT grade

ITAT: Accepts berry ratio for Verizon India, restricts TP-adjustment w.r.t business services basis agreed formula

• In Favour of Both, Partially
• Citation Number : TS-203-ITAT-2026(DEL)-TP

CBIC introduces deferred Customs Duty payment facility for Eligible Manufacturer Importers; Issues guidelines