EU and India conclude landmark Free Trade Agreement

Govt. proposes slew of amendments to Designs Act to cover virtual and digital designs

ITAT: Sets aside CIT(A) & penalty order on HC admitting the question of law in quantum appeal

• In Favour of Assessee
• Citation Number : TS-81-ITAT-2026(DEL)

ITAT: ITAT: Disallowance of delayed PF deposit not debatable; SC Checkmate ruling applies retrospectively

• In Favour of Revenue
• Citation Number : TS-1764-ITAT-2025(DEL)

ITAT: Pre-amalgamation income of predecessor cannot be clubbed with successor’s income through single reassessment order

• In Favour of Assessee
• Citation Number : TS-80-ITAT-2026(Mum)

ITAT: Allows employees’ PF deduction despite one-day delay due to technical glitches; Distinguishes Checkmate judgment

• In Favour of Assessee
• Citation Number : TS-72-ITAT-2026(DEL)

HC: Sets aside ex-parte reassessment order sans effective service at Assessee’s updated address; Remits for denovo adjudication

• In Favour of Assessee
• Citation Number : TS-71-HC-2026(KAR)

ITAT: Sec. 80-IA deduction cannot be denied by notional set-off of absorbed pre-initial losses where Assessee chooses initial AY

• In Favour of Assessee
• Citation Number : TS-79-ITAT-2026(DEL)

ITAT: LTCG on JVA flats taxable in year of sale; Remits to AO for determining correct tax-liability

• In Favour of Assessee
• Citation Number : TS-78-ITAT-2026(PUN)

HC: Grants interim relief to Coffee Day Enterprises in FEMA case; Re-lists matter in Feb

AT PMLA: Upholds FEMA violation over illegal transactions, but reduces penalties

HC: Reduces FEMA pre-deposit citing 'undue hardship' doctrine

Bombay-HC grants interim relief to Mad Over Donuts against item-wise classification at 18% and 5%

ITAT: ITAT: Written contracts & interest charges not ‘essential ingredients’ for proving loan genuineness; Deletes addition u/s 68

• In Favour of Assessee
• Citation Number : TS-77-ITAT-2026(Ahd)

GSTN issues advisory on RSP-based valuation of notified Tobacco goods

ITAT: Holds no further profit attributable to PE once Indian entity remunerated at ALP

• In Favour of Assessee
• Citation Number : TS-29-ITAT-2026(Mum)-TP

HC: No limitation scrutiny required for admissibility of IGST refund on ocean freight

• In Favour of Petitioner
• Citation Number : TS-28-HC(GUJ)-2026-GST

SC: Urges Centre, States to digitise land records using blockchain for secure and tamper-proof registrations

SC: Constitution of Joint Committee under Inquiry Act mandatory only when removal motions admitted in both Houses

SC: Grants acquittal given prosecution failed to establish chain of circumstances, planted sole eyewitness