SC: Dismisses Revenue’s SLP against HC-judgment holding no negative ITC-blocking without available credit

• In Favour of Petitioner
• Citation Number : TS-449-SC-2026-GST

ITAT: Directs AO to cap royalty / technical services fees @ 1.9% as accepted by CBDT in UAPA

• In Favour of Assessee
• Citation Number : TS-480-ITAT-2026(DEL)-TP

ITAT: Adjudicates adjustments w.r.t interest on loan, guarantee fee, inter-unit power supply for JSW Steel

• In Favour of Assessee
• Citation Number : TS-483-ITAT-2026(Mum)-TP

ITAT: Quashes AO’s final assessment order passed without giving effect to DRP’s direction

• In Favour of Assessee
• Citation Number : TS-484-ITAT-2026(Bang)-TP

Interest Deduction on Borrowed Funds: Supreme Court Reaffirms Commercial Expediency

HC: No ‘negative-blocking’ without credit-availability in ECL; Directs determination of ITC-availment u/s 73 & 74

• In Favour of Petitioner
• Citation Number : TS-1112-HC(P&H)-2025-GST

HC: Sets aside assessment order for want of assessing officer's signature on DRC-07

• In Favour of Petitioner
• Citation Number : TS-448-HC(AP)-2026-GST

Citing Basic Structure Doctrine, Revenue Bar Association assails retro amendments before Madras HC

ITAT: Purchase of subsidiary's units not strategic business transaction but investment, sales profit taxable as “Capital Gain”

• In Favour of Assessee
• Citation Number : TS-916-ITAT-2026(Mum)

ITAT: No separate approval required by Gemological Institute as transaction under automatic route; Allows lower rate u/s 115A(1)(b)

• In Favour of Assessee
• Citation Number : TS-914-ITAT-2026(Mum)

HC: No Intra-Court appeal against Single Judge’s order u/s 91 of TM Act; Clarifies CPC Sec. 100A scope

SEBI: Disposes of proceedings against HDFC Property Fund following Rs. 26.01 lakh settlement

SAT: Society not 'person aggrieved' under SEBI Act; Dismisses challenge to SEBI's NSE co-location order

IT Directorate notifies changes in e-office accounts for dealing with SLP proposals, due to transfer of officer

Imbibe or Imbue? Why Absorbing Group Culture Rarely Satisfies the Make-Available Test

HC: Pendency of investigation can't be equated with 'discharge'; Dismisses plea for PMLA-trial abeyance

Madras HC to examine exclusion of time spent in rectification proceedings for computing appeal limitation

‘Entertain’ v. ‘Filed’ Conundrum in Indirect Tax Appeals

Net Direct Tax collection increases by 14.64%, Advance Tax Collection increases by 15.3%

MCA: Extends name-reservation, e-form resubmission validity till July 10