Composite SCN matter under SC scanner; Issues notice against Andhra Pradesh & Bombay HC judgments

SC: Sets aside HC judgment declining collaborator's plea for arbitration; Appoints arbitrator

SC: “IBC can't be used as tool for coercion, debt recovery”; Rejects appeal against NCLAT-order

SC: Posts matter related to Reliance ADA Group entities on July 13, 2026

HC: No scope for consolidating various FYs in single SCN

• In Favour of Petitioner
• Citation Number : TS-1102-HC(BOM)-2025-GST

SEBI: Issues circular on Fast-Track Mechanism for Processing of Placement Memorandum of AIFs

HC: Composite assessment-order for multiple tax periods invalid; Allows fresh proceedings for each AY separately

• In Favour of Petitioner
• Citation Number : TS-1101-HC(AP)-2025-GST

ITAT: Allows Sec.80-IA deduction, considers rate of power supply by TNEB to its customers; Follows precedent

• In Favour of Assessee
• Citation Number : TS-365-ITAT-2026(CHNY)-TP

HC: Vodafone Idea cannot commercially exploit sound recordings without IPRS licence for said musical works

ITAT: Quashes final assessment order passed without issuing draft order u/s.144C, follows precedents

• In Favour of Assessee
• Citation Number : TS-368-ITAT-2026(CHNY)-TP

ITAT: Re-sending notice after limitation period doesn't cure jurisdictional defects; Quashes reassessment

• In Favour of Assessee
• Citation Number : TS-667-ITAT-2026(CHNY)

HC: Penalty u/s 122 matching wrongly availed ITC not disproportionate; Rejects Rs. 10K cap plea

• In Favour of Respondent
• Citation Number : TS-338-HC(MAD)-2026-GST

Retrospective machinery provisions after Manjula: Consequences for pending Writ litigation

SAT: Rejects Co.’s appeal against BSE’s communication returning listing application

CBDT's Central Action Plan 2026-27, focuses on 'Prudent' approach for achieving its goals

SAT: Partly allows guest analyst's review application; Waives cost

Software taxation controversy attains absolute finality as SC dismisses Revenue’s review petition in Engineering Analysis

ITAT: ITAT: Allows SBI's pension provision as actuarially valued accrued liability, as not contingent liability

• In Favour of Assessee
• Citation Number : TS-665-ITAT-2026(Mum)

Being Operationally Flexible but Tax Structurally Rigid can be Expensive

The Return of the Retrospectivity Ghost in the Benami Law of 2016