HC: HC: Unsigned assessment order legally invalid & incurable defect u/s 292B; Quashes reassessment

• In Favour of Assessee
• Citation Number : TS-43-HC-2026(BOM)

HC: Reassessment invalid basis change of opinion on issue accepted during original assessment u/s 143(3)

• In Favour of Assessee
• Citation Number : TS-40-HC-2026(GUJ)

ITAT: Validates reassessment pursuant to appellate directions u/s 150(1); AO empowered to reopen u/s 150 beyond prescribed limitation

• In Favour of Assessee
• Citation Number : TS-41-ITAT-2026(LKW)

ITAT: Payment towards transponder services to Bennett Coleman not ‘royalty’, not liable to deduct TDS under India-UK DTAA

• In Favour of Assessee
• Citation Number : TS-47-ITAT-2026(Mum)

HC: Justifies interference due to Revenue’s arbitrariness & violation of natural justice principles in reassessment proceedings

• In Favour of Assessee
• Citation Number : TS-32-HC-2026(CAL)

HC: Allows adjustment of 20% demand under challenge before CIT(A); Directs Revenue to refund the balance

• In Favour of Assessee
• Citation Number : TS-46-HC-2026(BOM)

HC: Upholds Settlement Commission order sans procedural illegality or violation of natural justice

• In Favour of Assessee
• Citation Number : TS-48-HC-2026(P & H)

CBIC issues circular on extending export benefits to postal-mode exports

SEBI : Rolls out SWAGAT-FI framework to ease compliance for foreign investors

Tiger Global Ruling- Is It Roaring

MCA: Notifies appointment of 4 new part-time Members to NFRA

RBI: Notifies Integrated Ombudsman Scheme, 2026 for NBFCs, Credit Information Cos.

DGFT amends guidelines for Interest Subvention Support for Pre- and Post-Shipment Export Credit

SC: Sec. 19(b) of Specific Relief Act gives way to Doctrine of Lis Pendens u/s 52 TOPA

SC: Daughter-in-law widowed after father-in-law’s death a ‘dependant’ entitled to maintenance from estate

SC: Non-substitution of one legal-heir does not abate appeal if interests remain adequately represented

SC: Victim’s age determination belongs to trial, not bail stage; Sets aside HC directions

SC: Civil elements do not bar criminal proceedings in cases alleging forgery or cheating

SC: Admission in Govt.-training course doesn’t confer automatic right to appointment; Affirms recruitment for Ayurvedic nurses

SC: Subsequent UAPA sanction proposals after rejections require fresh material, mere re-invocation of offences insufficient