HC: Imposes Rs. 50 lakh cost for breaching undertaking, infringing TM “GLIMET” used for diabetes medicine

ITAT: ITAT: Holds assessment order time-barred for Teva Pharma; Rejects Revenue's plea to defer hearing pending SC Larger Bench ruling

• In Favour of Assessee
• Citation Number : TS-57-ITAT-2026(DEL)

Budget Expectations for IFSC–GIFT City

SC Ruling on Tiger Global – GAAR vs Tax Treaty

AAAR: Acer’s IFPD with additional feature of ADP-machine, classifiable as ‘display’ basis end-use; Upholds AAR

• In Favour of Respondent
• Citation Number : TS-1060-AAAR(TN)-2025-GST

ITAT: Confirms addition towards commission earned on provision of accommodation entry; Allows Revenue's appeal

• In Favour of Revenue
• Citation Number : TS-55-ITAT-2026(Mum)

SC: Flags 'serious' issue of State interference in Central-Agency probes; Issues notice to West-Bengal CM

HC: HC: Sec. 156 mandates actual service of demand; Quashes recovery based on non-existent Sec. 143(1) order

• In Favour of Assessee
• Citation Number : TS-53-HC-2026(BOM)

HC: Appeal lodged under CBIC’s Amnesty Notification that condones delay, cannot be rejected citing limitation

• In Favour of Petitioner
• Citation Number : TS-20-HC(CAL)-2026-GST

ITAT: CIT(A) cannot adjudicate on issues already deleted by AO via Sec. 154 rectification; Deletes Rs. 418 Cr angel tax addition

• In Favour of Assessee
• Citation Number : TS-54-ITAT-2026(DEL)

SEBI: Releases Consultation Paper on draft Circular proposing thresholds for 'Significant Indices' classification

AAAR: No ITC on factory electrical-work as installations/fittings lose movability upon integration with immovable property

• In Favour of Respondent
• Citation Number : TS-1059-AAAR(TN)-2025-GST

SC: Permits Bank to file appeal against NCLAT-order; Bars recovery from liquidation-estate pending decision

SC: Stays Kerala HC summons to EY Chairman, Byju's RP in contempt case

SC: NCLT to 'first' examine oppression-mismanagement case merits; Upholds NCLAT's remand

SC: Parties' non-impleadment doesn't vitiate HC order that doesn't 'finally' decide rights

SC: Directs continuation of interim-relief granted by HC in State-owned Co.'s insolvency case

ITAT: Deletes TP adjustment made in respect of power supply; Follows precedent

• In Favour of Assessee
• Citation Number : TS-19-ITAT-2026(CHNY)-TP

DGFT permits limited export of wheat flour under HS 1101 subject to authorisation

ITAT: Excludes 10 companies citing turnover more than Rs.200cr; Remits TP-adjustment qua delayed trade receivable

• In Favour of Assessee
• Citation Number : TS-18-ITAT-2026(Bang)-TP