AAR: Used car-dealer eligible for ITC on spare parts, repairs, refurbishment services, common business expenses

• In Favour of Not Available
• Citation Number : TS-1056-AAR(KER)-2025-GST

NCLT: Disputes over managerial control not 'oppression and mismanagement' without continuing course of conduct

NCLAT: Circumstantial evidence enough to prove cartelization, bid-rigging; Affirms CCI penalty against Klassy Enterprises

ITAT: Digital evidence lacks legal sanctity as Department failed to adhere to CBDT Manual provisions

• In Favour of Assessee
• Citation Number : TS-37-ITAT-2026(DEL)

Outbound Mergers – A Path Still Less Travelled By?

ITAT: Distribution income not FTS; Invocation of India-Switzerland DTAA, for Singapore based Assessee, untenable

• In Favour of Assessee
• Citation Number : TS-1759-ITAT-2025(Mum)

GSTAT: Non-disclosure of GST component by Developer in customer receipt does not amount to profiteering

• In Favour of Respondent
• Citation Number : TS-15-GSTAT(DEL)-2026-GST

GSTAT: Hiking base price post-GST rate cut on cinema tickets amounts to profiteering

• In Favour of Applicant
• Citation Number : TS-13-GSTAT(DEL)-2026-GST

Some Ironing Out but Not Tectonic Shift: The 2025 Update to OECD Model Tax Convention

SAT: Condemns SEBI’s interference in ‘corporate battle’; Reduces penalty on PFS’ former MD & CEO

The 5 Factors That May Decide the Tiger Global Case

NFRA solicits AI powered solutions to monitor financial reporting quality

ITAT: ITAT: Income towards furnishing of plans, drawings & designs, being preparatory, not FTS under India-Germany DTAA

• In Favour of Assessee
• Citation Number : TS-36-ITAT-2026(DEL)

HC: Absent illegality, granting bail on mercy/sympathy opens Pandora’s box; Dismisses humanitarian plea

• In Favour of Respondent
• Citation Number : TS-17-HC(KAR)-2026-GST

HC: Rule 28AA factors mandatory for Sec. 197; Quashes 15% TDS certificate for non-compliance

• In Favour of Assessee
• Citation Number : TS-35-HC-2026(DEL)

SC: Basis own order, dismisses Revenue’s SLP challenging refund of compensation-cess

• In Favour of Respondent
• Citation Number : TS-16-SC-2026-GST

SEBI: Penalises co.'s CMD, family-trust for insider trading; Rejects 'meagre' profits defence

HC: HC: Quashes Sec. 195 order basis “virtual service PE”; Rejects Revenue’s remote service taxation theory for EY

• In Favour of Assessee
• Citation Number : TS-34-HC-2026(DEL)

ITAT: Holds loss on foreign exchange translation relating to ECBs as non-operating income

• In Favour of Assessee
• Citation Number : TS-11-ITAT-2026(DEL)-TP

ITAT: Holds impractical parameters cannot be ground to deny working capital adjustment

• In Favour of Assessee
• Citation Number : TS-10-ITAT-2026(Mum)-TP