Tiger Roars, Tax Uncertainty Soars! – The Ultimate “Upside Down” of International Tax Jurisprudence in India

Tiger Global Ruling- Part 2- Legal Ramifications of Tiger Global Ruling

HC: Charitable status under Income Tax Act can’t cease under FCRA regime

HC: Bank attachment of ex-directors of company in liquidation unsustainable without recording satisfaction recorded u/s-88(3)

• In Favour of Petitioner
• Citation Number : TS-34-HC(MAD)-2026-GST

Offshore Supplies, Permanent Establishment and the Perils of Presumption

ITAT: Quashes block assessment as time-barred for being passed beyond 2-year limit u/s 158BE

• In Favour of Assessee
• Citation Number : TS-102-ITAT-2026(DEL)

ITAT: Investment of capital-gains in land purchased in spouse's name not eligible for Sec. 54B exemption

• In Favour of Assessee
• Citation Number : TS-85-ITAT-2026(DEL)

ITAT: Reassessment u/s 147 void ab initio sans valid Sec. 143(2) notice with DIN

• In Favour of Assessee
• Citation Number : TS-82-ITAT-2026(DEL)

ITAT: Definition u/s 2(24)(iv) cannot create tax liability, charging section mandatory for additions; Deletes addition u/s 28(i)

• In Favour of Assessee
• Citation Number : TS-101-ITAT-2026(DEL)

NCLT: Slams suspended director for ‘repeatedly’ causing hindrance in CIRP progress; Rejects plea

Government issues FAQs on India-EU FTA

ITAT: Incriminating materials found in first search, can't be used for Sec.153A assessment initiated after second search; Quashes assessment

• In Favour of Assessee
• Citation Number : TS-100-ITAT-2026(DEL)

SC: Referral Court 'functus officio' post Arbitrator's appointment, can't function as 'Subjudice Sentinel'

DGFT restricts import of Penicillin G, Amoxycillin and 6-APA for one year

ITAT: Interest income derived from FDs in nationalized bank not eligible for deduction u/s 80P(2)(d)

• In Favour of Assessee
• Citation Number : TS-99-ITAT-2026(HYD)

GSTAT: Directs Kolte Patil Developers to discharge profiteered amount with interest

• In Favour of Applicant
• Citation Number : TS-14-GSTAT(DEL)-2026-GST

GSTAT: Upholds Rs 1-cr profiteering against Transcon Sheth in Mumbai’s Auris Serenity Tower-2 project

• In Favour of Appellant
• Citation Number : TS-33-GSTAT(DEL)-2026-GST

HC: When husband gets VsV benefit, wife cannot be denied; Rules spousal incomes cannot be taxed independently u/s 5A

• In Favour of Assessee
• Citation Number : TS-98-HC-2026(BOM)

ITAT: Recalls earlier order limited to TP adjustment qua management fee for fresh adjudication

• In Favour of Assessee
• Citation Number : TS-59-ITAT-2026(Bang)-TP

ITAT: Confirms assessee’s benchmarking of interest on ECB loan at LIBOR+500/450 bps; Deletes adjustment

• In Favour of Assessee
• Citation Number : TS-60-ITAT-2026(HYD)-TP