New Zealand : Parliament Passes Employment Law Changes to Override Supreme Court Uber Ruling

SC: Citing IBC as product of ‘extensive research’, declines plea to lay down guidelines for group-insolvency

HC: Revenue holds ITRs in trust u/s 8(1)(e) of RTI Act; Frames guidelines for summoning ITRs through matrimonial Courts

• In Favour of Assessee
• Citation Number : TS-252-HC-2026(KAR)

HC: Quashes reassessment, Revenue failed to finalize assessment timely after draft order was passed

• In Favour of Assessee
• Citation Number : TS-201-HC-2026(GUJ)-TP

HC: Grants bail to alleged 'mastermind' of cyber fraud-linked money-laundering syndicate; Cites quashed predicate offence

ITAT: Dismisses Revenue’s rectification plea citing "clean slate" given by NCLT; Sec. 254(2) not substitute for appeal on merits

• In Favour of Assessee
• Citation Number : TS-251-ITAT-2026(CHNY)

ITAT: Allows assessee’s claim for deduction u/s. 80IA(4); Deletes royalty payment addition

• In Favour of Assessee
• Citation Number : TS-199-ITAT-2026(Ahd)-TP

ITAT: Quashes the final assessment order passed sans draft order in the second round of proceedings

• In Favour of Assessee
• Citation Number : TS-200-ITAT-2026(Bang)-TP

ITAT: Rule 46A(3) compliance inevitable for admission of Assessee’s additional evidence application by CIT(A)

• In Favour of Assessee
• Citation Number : TS-249-ITAT-2026(HYD)

NCLAT: Upholds maintainability of minority shareholders’ class-action lawsuit against Jindal Poly Films; Dismisses appeal

ITAT: Sans incriminating evidence, Mauritius/tax havens routed funds can't suffer Sec. 69 addition

• In Favour of Assessee
• Citation Number : TS-250-ITAT-2026(Mum)

ITAT: Permits assessee to withdraw appeal in view of India-US MAP resolution

• In Favour of None/NA
• Citation Number : TS-198-ITAT-2026(Bang)-TP

ITAT: Penalty u/s 271(1)(c) unsustainable where income disclosed in survey accepted in assessment

• In Favour of Assessee
• Citation Number : TS-247-ITAT-2026(Ahd)

HC: Proper Officer who issued SCN can pass penalty order after issuance of circular conferring jurisdiction

• In Favour of Petitioner
• Citation Number : TS-108-HC(TEL)-2026-GST

IBBI: Suspends Byju's erstwhile RP for 3 years for unilaterally reconstituting CoC, misleading NCLT

ITAT: Reassessment notice issued by non-jurisdictional AO sans transfer order u/s 127, invalid

• In Favour of Assessee
• Citation Number : TS-248-ITAT-2026(DEL)

HC: Upholds validity of Sec. 148 notice basis postal department’s dispatch date; Dismisses reassessment challenge

• In Favour of Revenue
• Citation Number : TS-246-HC-2026(GUJ)

ITAT: Quashes reassessment given proper sanction of ‘specified authority’ not taken for issuance of notice u/s 148

• In Favour of Assessee
• Citation Number : TS-245-ITAT-2026(CHANDI)

HC: Rejects Shapoorji Pallonji Group Co.'s revival plea for Swadeshi Mills, terms proposal ‘mala fide’

ITAT: Trusts created for relatives are exempt from tax u/s 56(2)(x) exceptions, doesn't cover 'non-relative' beneficiaries

• In Favour of Assessee
• Citation Number : TS-244-ITAT-2026(CHNY)