ITAT: Only embedded profit from bogus transaction can be added where corresponding sales are accepted

• In Favour of Assessee
• Citation Number : TS-793-ITAT-2026(Mum)

HC: Rejects Oracle International's plea against arbitral award refusing transfer of "exadata.in" domain

SC to examine permissibility of consolidated multi-year SCN; Tags matter

ITAT: Deletes TP adjustment qua notional interest on outstanding receivables; Follows earlier order

• In Favour of Assessee
• Citation Number : TS-427-ITAT-2026(Ahd)-TP

ITAT: Foundation of penalty proceedings wiped out, upholds deletion of Sec.271G penalty

• In Favour of Assessee
• Citation Number : TS-428-ITAT-2026(Mum)-TP

SC: Grants bail in Rs. 77.78 cr. farmer-loan fraud case, considering ED attachment and completed investigation

JAO vs FAO Reassessment Controversy: Re-drawing of Jurisdictional Boundaries

SC: Allows compounding in cheque-bounce case post-conviction, basis settlement

HC: Consolidated show cause notices for multiple years impermissible under Sec. 74

• In Favour of Not Applicable
• Citation Number : TS-403-HC(DEL)-2026-GST

ITAT: Remits TP adjustment qua IGS, sensor assembling segment & business support services

• In Favour of Both, Partially
• Citation Number : TS-426-ITAT-2026(DEL)-TP

AAR: ITC on canteen services eligible only for regular employees, not contractual employees

• In Favour of Applicant
• Citation Number : TS-401-AAR(KAR)-2026-GST

ITAT: Government salary grant not Trust’s income derived from property, excludes from accumulation u/s 11(1)(a)

• In Favour of Revenue
• Citation Number : TS-794-ITAT-2026(Mum)

SC: Relaxes bail condition for coal levy scam accused for minor son's cardiac treatment

SC: Grants bail to accused in excise duty evasion-linked PMLA-case, cites trial at 'nascent' stage

SC: Grants bail to Chattisgarh's former Excise Commissioner in PMLA case citing parity with co-accused

FC: Cairn Energy wins international arbitration under India-UK BIT

• In Favour of Assessee
• Citation Number : TS-768-FC-2020(UK)

Madras HC sustains late-fee imposition for both ‘non-filing’ and ‘belated filing’of annual-returns; Drops general penalty

ITAT: Sec. 115A relief cannot be denied for automatic approval transactions; IT recharge fees not FTS under DTAA

• In Favour of Assessee
• Citation Number : TS-792-ITAT-2026(Mum)

ITAT: Assessee cannot foresee future law changes; Deletes Sec. 234B interest arising from retrospective ICDS deferment

• In Favour of Assessee
• Citation Number : TS-791-ITAT-2026(Mum)

SC: Disposes SLP challenging Sec.16(2) validity, preserves Assessee’s right to raise challenge before appropriate fora

• In Favour of Respondent
• Citation Number : TS-402-SC-2026-GST