ITAT: Absence of addition or lack of detailed discussion, doesn’t render assessment erroneous; Quashes revision order

• In Favour of Assessee
• Citation Number : TS-126-ITAT-2026(Ahd)

HC: Failure to seek deposit in enforcement-petition no ground to maintain separate Sec. 9 plea

ITAT: Upholds interest on share-investment being 'sham', also disallows Sec.80IA deduction for Tata Chemicals

• In Favour of Revenue
• Citation Number : TS-113-ITAT-2026(Mum)-TP

CCI: Orders DG probe against IndiGo for alleged dominance abuse following mass flight cancellations

SEBI: Floats Consultation Paper proposing revamp of ‘Fit and Proper Person’ criteria under Intermediaries Regulations

OECD releases revised version of Manual on Effective Mutual Agreement Procedures (MEMAP), 2026

HC: Mechanical intermediary classification to deny un-utilised ITC ‘cryptic’; Absence of third-party findings vitiates orders

• In Favour of Petitioner
• Citation Number : TS-49-HC(TEL)-2026-GST

HC: Allows pre-arbitration audit of Co. providing IT enabled services in alleged data theft dispute

Tiger: An Uneasy Approach to Treaty Override

ITAT: Excludes 7 companies having high turnover; Applies LIBOR as interest on overdue receivable

• In Favour of Assessee
• Citation Number : TS-112-ITAT-2026(Bang)-TP

ITAT: Quashes final assessment order passed by JAO on account of being time barred u/s.144C(13)

• In Favour of Assessee
• Citation Number : TS-111-ITAT-2026(DEL)-TP

ITAT: Quashes final assessment order passed without incorporating DRP’s direction

• In Favour of Assessee
• Citation Number : TS-110-ITAT-2026(DEL)-TP

SC hears Sr. Adv. Tarun Gulati, WB on police powers vis-à-vis GST-authorities for detaining goods-in-transit

ITAT: Rules on comparables selection, risk adjustment, working-capital adjustment; Follows earlier orders

• In Favour of Both, Partially
• Citation Number : TS-109-ITAT-2026(DEL)-TP

HC: HC: Rejects Revenue’s plea to treat ‘issued’ as ‘served’ u/s 143(2), as words not interchangeable; Quashes assessment

• In Favour of Assessee
• Citation Number : TS-125-HC-2026(TEL)

ITAT: Upholds CIT(A)’s order treating amortisation of goodwill as non-operating expense

• In Favour of Assessee
• Citation Number : TS-108-ITAT-2026(CHNY)-TP

HC: Grants interim injunction restraining unauthorised use of ‘ORCHID’ for hotel services

HC: Disclosure post-survey not 'voluntary'; No interest waiver for disclosures prompted by Revenue action

• In Favour of Revenue
• Citation Number : TS-124-HC-2026(TEL)

HC: Temporarily bars use of ‘KINDMEDICS’ infringing Mankind Pharma’s ‘KIND’ marks

HC: Quashes rejection of Provivi’s patent citing violation of natural justice; Remands for de novo examination