HC: Deprecates repeated non-speaking GST orders despite earlier remand directions

• In Favour of Petitioner
• Citation Number : TS-375-HC(BOM)-2026-GST

SC: Cognizance of offence without hearing accused under BNSS, void-ab-initio, vitiates PMLA proceedings

ITAT: Deletes disallowance of inventory valuation adjustment as consistently followed under AS-2

• In Favour of Assessee
• Citation Number : TS-733-ITAT-2026(Bang)

ITAT: Upholds deletion of TP adjustment qua corporate guarantee, as no fresh guarantee being issued for given AY

• In Favour of Assessee
• Citation Number : TS-392-ITAT-2026(Ahd)-TP

SEBI: Proposes to double client-level position limits for agri commodity derivatives

ITAT: Venial & technical omission cannot automatically result in penalty u/s 43 of Black Money Act

• In Favour of Assessee
• Citation Number : TS-731-ITAT-2026(CHNY)

IFSCA: Introduces framework for Trust and Company Services Provider

ITAT: Rectifies Tribunal-order; Directs TPO to grant working capital adjustment if found interlinked

• In Favour of Assessee
• Citation Number : TS-395-ITAT-2026(Bang)-TP

SEBI : Proposes overhaul of framework governing municipal debt securities

IFSCA: Amends Finance Company Regulations, expands permissible activities

The Perils of Unreflective Adoption: Sec. 50C, Leasehold Rights & the Discipline of Precedent

HC: Quashes GST order exceeding SCN demand; Remands govt-consultancy exemption dispute

• In Favour of Petitioner
• Citation Number : TS-374-HC(BOM)-2026-GST

HC: Emphasizes pragmatic view in registration cancellations solely based on return-filing default

• In Favour of Petitioner
• Citation Number : TS-373-HC(CAL)-2026-GST

IBBI: Amends registered valuer appointment norms for MSME corporate debtors

Scaling Smart: Crafting Transfer Pricing Policy for Start-ups

ITAT: Complete documentary evidence negates bogus LTCG allegation; Deletes Sec. 69A addition

• In Favour of Assessee
• Citation Number : TS-730-ITAT-2026(Mum)

HC: No purpose in keeping matter pending once GSTAT appointments made & procedure notified

• In Favour of Petitioner
• Citation Number : TS-372-HC(ALL)-2026-GST

ITAT: Upholds CIT(A)’s power under Finance Act 2024 to remand best judgment assessment orders u/s 144

• In Favour of Assessee
• Citation Number : TS-729-ITAT-2026(DEL)

NCLAT: Directs pharma co. to deposit Rs. 63 lakh claim amount or face insolvency proceedings

CBDT effects transfers/postings of officers in DCIT/ACIT, Ad.CIT/JCIT, Pr.CIT/Pr.DIT grades