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

SC: Acting on NTF Report, issues directions to combat student suicides and ensure HEIs’ accountability

SC: Wait-listed candidates have no appointment right, unless Recruitment Rules allow limited exceptional appointments

SC: Dissolves marriage under Article-142 despite husband’s opposition; Urges Authorities to actively resolve rising matrimonial disputes

SC: HRA, transport and other allowances must be included while calculating ‘overtime wages’

HC: Allows set off of trading loss against interest/other income; Rejects Revenue’s argument of penny stock trade

• In Favour of Assessee
• Citation Number : TS-76-HC-2026(CAL)

IFSCA: Releases Consultation Paper on guidance framework on sustainable deposits

IFSCA: Issues Consultation Paper on proposed guidelines for algorithmic trading on stock exchanges

SEBI: Floats Consultation Paper on proposal to permit netting of funds for FPI transactions

SEBI: Publishes Consultation Paper on rationalising risk management framework at KRAs

ITAT: Permits assessee to withdraw TP related appeal in light of India-Japan MAP resolution

• In Favour of None/NA
• Citation Number : TS-28-ITAT-2026(Bang)-TP

ITAT: Accepts TNMM as MAM, Berry ratio as PLI for assessee-reseller; Follows precedents

• In Favour of Assessee
• Citation Number : TS-25-ITAT-2026(DEL)-TP

ITAT: Quashes final assessment order as time-barred following Roca Bathroom ruling, considers issue pending before SC

• In Favour of Assessee
• Citation Number : TS-27-ITAT-2026(DEL)-TP