HC: Gravity of allegations irrelevant without credible supporting evidence; Grants bail to accused

HC: LOC a coercive executive measure of last-resort, not routine tool for law-enforcement, debt recovery

Government empowers GSTAT, Principal Bench as the National Appellate Authority for Advance Ruling (NAAAR)

ITAT: Receipts from fly ash sale, an additional income stream, falling within ambit of taxable business income

• In Favour of Revenue
• Citation Number : TS-654-ITAT-2026(CHANDI)

AAR: Sale of ready-made bakery-products constitute ‘supply’; Semi-finished preparation & sale qualify as ‘restaurant service’

• In Favour of Applicant
• Citation Number : TS-334-AAR(GOA)-2026-GST

ITAT: Ongoing Sec. 153C merits litigation doesn't automatically justify 9-year delay in filing appeal

• In Favour of Revenue
• Citation Number : TS-653-ITAT-2026(DEL)

NCLT: Allows Suzlon Energy's Scheme of Arrangement involving reorganization, reclassification of reserves

NCLT: Dispenses with equity shareholders' meeting in merger scheme involving Thomson Reuters, wholly-owned subsidiaries

NCLT: Dispenses with equity shareholders' meetings of several textile cos. in amalgamation scheme

Admissibility of Consolidated SCNs Under GST – Divergent Judicial Views

ITAT: Upholds deletion of TP-adjustment qua loan, adoption of 0.35% as guarantee commission; Follows precedents

• In Favour of Both, Partially
• Citation Number : TS-359-ITAT-2026(Mum)-TP

HC: Executing corporate guarantee for subsidiary, absent 'consideration' not a taxable supply; Upholds Rule-28(2) validity

• In Favour of Petitioner
• Citation Number : TS-333-HC(BOM)-2026-GST

Türkiye : Draft Omnibus Law Proposes Comprehensive Tax Reforms to Support Investment, Exports

HC: Cancels mark identical to Toyota’s TM “ALPHARD”, citing trans-border goodwill in India

ITAT: Adopts split 50:50 w.r.t guarantee commission under interest saving approach; Clarifies, not 'standard practice'

• In Favour of Assessee
• Citation Number : TS-358-ITAT-2026(Mum)-TP

ITAT: Excludes comparable citing use of data not falling within relevant FY, allegations of fraud

• In Favour of Assessee
• Citation Number : TS-362-ITAT-2026(Bang)-TP

ITAT: Grants extension of stay of outstanding demand; Considers adjustment of 20%

• In Favour of Assessee
• Citation Number : TS-348-ITAT-2026(Bang)-TP

ITAT: Sets aside CIT(A)’s ex-parte order confirming addition made by AO, remits issue

• In Favour of Both, Partially
• Citation Number : TS-363-ITAT-2026(DEL)-TP

SEBI: Grants open offer exemption to six promoter family trusts of Muthoot Microfin

HC: HC: Binding HC precedent warrant complete stay; AO cannot mechanically demand 20% deposit for stay of tax recovery

• In Favour of Assessee
• Citation Number : TS-652-HC-2026(DEL)