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

NCLT: Financial hardship, market slowdown doesn't constitute 'dispute' under IBC; Admits insolvency petition

NCLT: Sentences Renaissance Education's suspended directors to 2-day imprisonment in civil prison for contempt

Madras HC to determine if TR-6 challan qualifies as valid document for availing ITC

Govt. extends ADD on Toluene Di-Isocyanate imports from EU and Saudi Arabia

White House revises ‘$500 bn’ purchase clause in India-U.S. trade deal Fact Sheet

ITAT: Quashes assessment for non-service of order and notice, cites clear miscarriage of justice

• In Favour of Assessee
• Citation Number : TS-154-ITAT-2026(DEL)

SC: Arbitral proceedings during IBC moratorium not void; Quashes HC's 'nullity' declaration

DGFT seeks stakeholder comments on draft Digital Trade Facilitation Bill, 2026

US-Bangladesh Issues Joint Statetment on Agreement on Reciprocal Trade

White House issues fact sheets on India–US interim trade deal

AAR: Classifies Flipkart’s proposed e-commerce delivery model as GTA services; Services to unregistered customers exempt

• In Favour of Applicant
• Citation Number : TS-61-AAR(TN)-2026-GST

ITAT: Rejects Nil-ALP determination qua market-survey expenses, considers assessee's increase in investment/sales

• In Favour of Assessee
• Citation Number : TS-122-ITAT-2026(CHNY)-TP

RBI: Releases draft directions exempting select NBFCs from registration requirements; Invites feedback

HC: Summons for inquiry not detention; No 7-day prior notice required u/s 70

• In Favour of Respondent
• Citation Number : TS-60-HC(BOM)-2026-GST

NCLT: Clears amalgamation between Ambuja Cements and subsidiary Sanghi Industries, citing enhanced operational efficiency

HC: HC: HC: Service charges not FTS sans satisfaction of ‘make available’ clause; Assessee not in default u/s 201/201(1A)

• In Favour of Assessee
• Citation Number : TS-153-HC-2026(GUJ)

ITAT: Remits ALP qua IGS; Directs assessee to submit evidence/details in support of its claim

• In Favour of Both, Partially
• Citation Number : TS-125-ITAT-2026(DEL)-TP

ITAT: Upholds CIT(A)’s treatment of amortization of goodwill as an non-operating expense

• In Favour of Assessee
• Citation Number : TS-123-ITAT-2026(CHNY)-TP