Economic Survey 2025–26 highlights deeper Tax Base, calls for TP-Customs convergence

Economic Survey hails GST-reforms as revenue stabiliser, consumption booster; Flags EWB as next reform frontier

ITAT: ITAT: Sec. 56(2)(x) an anti-abuse shield, not tool to tax natural accretion; Cannot tax legitimate capital appreciation in OCCRPS conversion

• In Favour of Assessee
• Citation Number : TS-96-ITAT-2026(Mum)

CJI led Bench to hear JAO-FAO controversy on Feb. 17

Budget 2026 : Will Budget 2026 Give Assurance to Insurance Companies?

Copy of Economic Survey 2025-26 tabled before the Parliament today

The 2025 OECD Updates, Home PE and India’s Positions

HC: Quashes Rs.1,284 Cr ICDS adjustment on Rallis India over procedural lapse; Rejects Revenue’s ‘alternate remedy’ objection

• In Favour of Assessee
• Citation Number : TS-95-HC-2026(BOM)

Bombay HC fixes Feb. 13 to hear Hinduja GAAR case

ITAT: Deletes Sec. 56(2)(vii)(b) addition; Tolerance proviso curative & applies retrospectively

• In Favour of Assessee
• Citation Number : TS-94-ITAT-2026(Mum)

HC: Writ Court can't adjudicate disputed title; Quashes Single Judge's order in PMLA-case over army-land

Marching towards the 3rd Largest Economy – India: Transfer Pricing Expectations from Budget 2026

ITAT: Upholds treatment of share application money as loan for Coal India; Restricts interest @ LIBOR+2%

• In Favour of Both, Partially
• Citation Number : TS-58-ITAT-2026(Kol)-TP

HC: TRO not empowered to declare third-party mortgage void-ab-initio, but has right to sell attached property

• In Favour of Both, Partially
• Citation Number : TS-92-HC-2026(MAD)

ITAT: Quashes final assessment order passed beyond limitation period u/s.153

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

ITAT: Quashes final assessment order passed beyond limitation period u/s.153

• In Favour of Assessee
• Citation Number : TS-56-ITAT-2026(DEL)-TP

ITAT: Quashes final assessment order passed beyond limitation period u/s.153

• In Favour of Assessee
• Citation Number : TS-55-ITAT-2026(DEL)-TP

ITAT: Quashes final assessment order passed beyond limitation period; Follows precedent

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

ITAT: Rejects BLT application, deletes adjustment qua AMP expenses for Bose Corporation India

• In Favour of Assessee
• Citation Number : TS-53-ITAT-2026(DEL)-TP

ITAT: Quashes time barred final assessment order; Considers Shelf Drilling pendency

• In Favour of Assessee
• Citation Number : TS-52-ITAT-2026(DEL)-TP