DGFT reconstitutes Board of Trade; mandates import authorisation for specified silver imports

DGFT amends HBP to ease CoO process for exporters under India-Oman CEPA

Delhi notifies GST rule amendments enabling temporary IDs for payment liabilities

India, South Africa explore cooperation in MSME financing and digitalisation

India–Tanzania Joint Trade Committee reviews bilateral trade ties; Trade crosses USD 9 billion in FY 2025-26

ITAT: Sec. 10(46) exemption governed by nature of income, not accounting classification or year of recognition

• In Favour of Assessee
• Citation Number : TS-796-ITAT-2026(Mum)

HC: HC: Assessment pursuant to Court's express liberty cannot be assailed for lack of jurisdiction; Upholds Sec. 153A assessment

• In Favour of Revenue
• Citation Number : TS-795-HC-2026(MAD)

HC: No likelihood of confusion between anti-cancer drugs “BEVATAS” and “BEVETEX”; Overturns injunction

FC: Arbitral Tribunal holds India liable for delays obstructing enforcement of arbitral award

• In Favour of Assessee
• Citation Number : TS-840-FC-2011(AUS)

HC: Exemption on healthcare services available even when rendered through another hospital; Rejects 'support services' classification

• In Favour of Petitioner
• Citation Number : TS-404-HC(KAR)-2026-GST

ITAT: Excludes comparables under SWD/ITeS segments for failing RPT filter, extraordinary events, brand value, etc.

• In Favour of Assessee
• Citation Number : TS-429-ITAT-2026(Bang)-TP

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