Emerging Risks of Aggressive Tax Planning under Proposed Buyback Rules

HC: Sets aside TPO’s order passed without providing copies of agreements referred to assessee

• In Favour of Assessee
• Citation Number : TS-131-HC-2026(DEL)-TP

How Sovereign Gold Bond Taxation Broke Taxpayers’ Trust

ITAT: Quashes final assessment order being time barred u/s.153

• In Favour of Assessee
• Citation Number : TS-130-ITAT-2026(DEL)-TP

ITAT: Remits TP-adjustment w.r.t transfer of intangibles, TPO proceeded on incorrect facts without proper benchmarking

• In Favour of Assessee
• Citation Number : TS-129-ITAT-2026(CHNY)-TP

Recalibrating Passenger Baggage Governance - Legal and Practical Implications of the Baggage Rules, 2026

ITAT: Deletes adjustment w.r.t delay in receivables, considers APA & subsequent AY acceptance

• In Favour of Assessee
• Citation Number : TS-128-ITAT-2026(Mum)-TP

ITAT: Rules on TP adjustment qua interest free loan; Follows earlier order

• In Favour of None/NA
• Citation Number : TS-127-ITAT-2026(DEL)-TP

AAR: Mining lease services subject to Govt. royalty, attracts 18% GST under RCM

• In Favour of Respondent
• Citation Number : TS-1068-AAR(MAH)-2025-GST

SEBI: Cracks down on MD, ex-CEO for diverting Co.'s funds to promoter-entities; Penalises, bars from market

SC: Upholds HC order declining to entertain writ in fake ITC matter requiring factual probe

• In Favour of Respondent
• Citation Number : TS-68-SC-2026-GST

HC: Temporarily injuncts use of infringing mark “SUPERON” and domain names

HC: Grants interim injunction restraining ex-franchisee from using “Jawed Habib” TMs

HC: Temporary ban on illegal streaming of UEFA Champions League by rogue websites

HC: Interimly restrains rival coaching institute from infringing TM “VAJIRAO & REDDY INSTITUTE”

HC: Grants ex parte injunction protecting Vivek Oberoi’s personality rights, orders takedown of infringing content

HC: Declines writ in fake-ITC cases; Relegates assessees to appeal, extends limitation window

• In Favour of Respondent
• Citation Number : TS-1067-HC(DEL)-2025-GST

NCLT: Approves Rs. 919 cr. resolution plan for Hotel Horizon submitted by Consortium including Oberoi Realty

ITAT: Reduces Sec. 271AAB penalty to 30% citing lapses in search officer’s questioning

• In Favour of Assessee
• Citation Number : TS-155-ITAT-2026(Kol)

NCLT: PF and gratuity dues of Jet Airways employees outside liquidation estate