Consolidated Show Cause Notice - Resolution by Supreme Court or Legislative Amendment

SC: Grants partial relief to RIL; Sets aside Rs. 447 cr. disgorgement order in Reliance Petroleum trades case

Preference Shares: Structural Savoir-Faire Across Various Use Cases

ITAT: Auditorium rental not business income, merely incidental to attainment of charitable objects; Deletes addition

• In Favour of Assessee
• Citation Number : TS-781-ITAT-2026(Mum)

Delta Corp on SC’s gaming verdict - GST only on casino chips sold, not on total bets placed

ITAT: Deletes addition against Honda R&D qua reimbursement of salary of seconded employees, as not FTS

• In Favour of Assessee
• Citation Number : TS-777-ITAT-2026(DEL)

NCLAT: "Shareholders, executing creditors can challenge CIRP"; Quashes NCLT order citing transaction as 'round tripping'

AAAR: Ready-to-eat packaged Chicken/Mutton curry not classifiable as 'prepared or preserved meat' under CH 16

• In Favour of Appellant
• Citation Number : TS-1104-AAAR(KER)-2025-GST

India, Korea hold 12th round of CEPA upgrade talks in New Delhi

Commerce Minister concludes Canada visit; Pushes India-Canada CEPA negotiations and investment partnerships

ITAT: Sec. 270A penalty impermissible where quantum additions based on DVO valuation estimates

• In Favour of Assessee
• Citation Number : TS-769-ITAT-2026(Mum)

ITAT: Deletes addition u/s 69 on unexplained bank credit over declared turnover sans rejection of books

• In Favour of Assessee
• Citation Number : TS-767-ITAT-2026(CHNY)

P&H-HC to examine survival of newly inserted Entry-Tax provisions after repeal of Entry-52 qua Section-174

ITAT: No requirement to acquire entire land in one go u/s 80IB(10); Allows proportionate deduction

• In Favour of Assessee
• Citation Number : TS-775-ITAT-2026(DEL)

SC to examine effect of omission of Rule-96(10) on pending proceedings; Tags Revenue’s challenge

SC: Upholds Arbitrator's power to decide insufficient stamping disputes; Dismisses appeal

HC: Upholds Single Judge’s refusal to grant injunction in “VAJIRAM” vs. “VAJIRAO” TM dispute

OECD publishes Consolidated Commentary to Global Anti-Base Erosion Model Rules, 2026

Reflections on Indian TP controversies- Inter-company balance receivables

SC: Dismisses Revenue's SLP challenging HC-order on AMP adjustment in case of Pernod Ricard India

• In Favour of Assessee
• Citation Number : TS-418-SC-2026-TP