ITAT: CIT(A) cannot fundamentally alter appellate orders via restrictive rectification powers under guise of Sec. 154

• In Favour of Assessee
• Citation Number : TS-649-ITAT-2026(Mum)

HC: Admits Revenue's appeal against deletion of TP-adjustment absent fresh TPO-reference in Sec.153A proceedings

SC to examine SEIL Energy’s ITC-refund denial on ‘penultimate’ electricity-exports to Bangladesh

HC: CIT(E) cannot revise assessment order u/s 263 merely because further details were required

• In Favour of Assessee
• Citation Number : TS-648-HC-2026(BOM)

HC: Refuses interim injunction in trademark, copyright and passing off dispute over “UTS” marks

HC: Dismisses appeal absent similarity in “TIGER GOLD BRAND”, “TIGER PREMIUM BRAND” TM dispute

HC: Refuses interim injunction in “RYNOX” vs. “RHYNOX” TM dispute, finds no deception

HC: Temporarily restrains fraudulent “ASIAN PAINTS” use, suspends domains, bank accounts

HC: Cancels TM “M FOLD” as descriptive, orders removal from Register for lack of distinctiveness

HC: Grants temporary injunction against sale of Bharati Bhawan Publishers’ counterfeit books

HC: Protects TM “DUX DARLING”, temporarily bars use of deceptively similar cosmetic packaging and marks

HC: Safeguards Arjun Kapoor’s personality rights; Restrains AI/deepfake misuse, directs takedown

HC: Junks SpiceJet's review plea against Rs. 144 cr. deposit; Rejects West Asia disturbance argument

ITAT: Sec. 11(5) investment shortfall from prior years not taxable in current-AY post-2022 amendment

• In Favour of Assessee
• Citation Number : TS-647-ITAT-2026(Mum)

ITAT: IPL franchise fees paid to BCCI are revenue expenditure; Deletes disallowance

• In Favour of Assessee
• Citation Number : TS-638-ITAT-2026(Mum)

ITAT: Subsequent SCN rectifies ambiguity in initial penalty proceeding, specifies ‘specific charge’; Validates penalty u/s 271(1)(c)

• In Favour of Both, Partially
• Citation Number : TS-646-ITAT-2026(Mum)

ITAT: Sec. 54F prevails over Sec. 70 as it applies only after capital gains computation u/s 45 to 55A

• In Favour of Assessee
• Citation Number : TS-645-ITAT-2026(Mum)

ITAT: Sets aside CIT(A)/NFAC’s order confirming Sec.271G-penalty; Remits issue considering violation of Sec.250(6)

• In Favour of Both, Partially
• Citation Number : TS-357-ITAT-2026(PUN)-TP

ITAT: Holds RPM as MAM for purchase transaction in case of independent full-fledged distributor

• In Favour of Assessee
• Citation Number : TS-356-ITAT-2026(CHNY)-TP

AT PMLA: Upholds Rs. 3 cr. FEMA penalty on Thomas Cook India; Rejects appeal