ITAT: Dismisses assessee’s MA; Upholds Tribunal’s exclusion of company failing quantitative filter

• In Favour of Revenue
• Citation Number : TS-403-ITAT-2026(DEL)-TP

SC: Directs auction purchaser's undertaking on disputed property to remain operative pending DRT's final decision

SC: Flags banks' 'casual' lending to big entities, 'borderline harassment' of small borrowers

HC: Best judgment assessment unsustainable absent proof of notice service; Mere recital insufficient

• In Favour of Petitioner
• Citation Number : TS-381-HC(KER)-2026-GST

Charitable Trusts Under the Lens: Evolving Compliance, Commerciality, and Tax Exemptions under Income Tax Law

Delhi HC stays demand on IndiGo over compensation received from foreign supplier for aircraft groundings

ITAT: Orders penalty recomputation by reducing Sec. 143(1)(a) income from assessed income

• In Favour of Assessee
• Citation Number : TS-750-ITAT-2026(Ahd)

SEBI: Restrains 7 individuals in social media stock manipulation case; Impounds Rs. 20.25 cr.

SC: Copy of SC-order dismissing Revenue’s SLP against HC-ruling setting aside GST-levy on transfer of leasehold rights

• In Favour of Respondent
• Citation Number : TS-380-SC-2026-GST

ITAT: Unclaimed expenditure embedded in WIP cannot be disallowed u/s 40(a)(ia)

• In Favour of Assessee
• Citation Number : TS-749-ITAT-2026(Mum)

SC upholds RIL's classification of imported ‘Hexane/Exxsol’-type saturated hydrocarbon under Chapter 29; Affirms CESTAT-ruling

ITAT: Quashes reassessment based on borrowed satisfaction sans independent inquiry; Assessee discharged onus of unexplained loan

• In Favour of Assessee
• Citation Number : TS-742-ITAT-2026(DEL)

ITAT: Deletes unexplained share capital addition in Public Limited Company, as subscriber creditworthiness established

• In Favour of Assessee
• Citation Number : TS-743-ITAT-2026(DEL)

ITAT: Omission to specify exact limb u/s 270A, vitiates penalty proceedings; Deletes penalty for misreporting

• In Favour of Assessee
• Citation Number : TS-694-ITAT-2026(CHNY)

ITAT: Upholds deemed dividend u/s 2(22)(e) on interest-bearing loan due to accumulated profits, no money-lending business

• In Favour of Revenue
• Citation Number : TS-748-ITAT-2026(DEL)

ITAT: Unaccounted income addition basis seized documents, third-party statement invalid, without cross-examination opportunity

• In Favour of Assessee
• Citation Number : TS-747-ITAT-2026(DEL)

ITAT: Capital loss in intra-group transfer for Escorts Institute not artificial arrangement sans proof of fraudulent transfer

• In Favour of Assessee
• Citation Number : TS-746-ITAT-2026(CHANDI)

ITAT: Deletes disallowance u/s. 37(1) for Ericsson India, AO cannot disregard binding APA

• In Favour of Assessee
• Citation Number : TS-402-ITAT-2026(DEL)-TP

SC: Statutory Compensation under MRTP Act cannot be contractually waived; Affirms landowner’s additional amenity TDR entitlement

SC: Exclusion of natural heirs alone not suspicious circumstance to invalidate a genuine Will