ITAT: Deletes TP-adjustment qua interest on debentures, interest on loan; Stresses on 'real income' theory

• In Favour of Assessee
• Citation Number : TS-346-ITAT-2026(CHNY)-TP

ITAT: Excludes companies with high turnover; Adopts LIBOR+200 bps as interest on delayed trade receivables

• In Favour of Assessee
• Citation Number : TS-352-ITAT-2026(Bang)-TP

AAR: No option to avail ITC by choosing 18% levy for outdoor catering; 5% GST without ITC mandatory

• In Favour of Applicant
• Citation Number : TS-323-AAR(TN)-2026-GST

AAR: Solar power generation and supply under PPA exempt; GST registration not required

• In Favour of Applicant
• Citation Number : TS-322-AAR(TN)-2026-GST

ITAT: Deletes ad-hoc adjustment qua mark-up on reimbursement made without any prescribed method

• In Favour of Assessee
• Citation Number : TS-349-ITAT-2026(Mum)-TP

HC: Orders removal of marks infringing prior rights in well-known TMs “CENTURY 21” & “C21”

ITAT: Valuation date is when consideration received, not when shares are allotted; Deletes Sec. 56(2)(viib) addition

• In Favour of Assessee
• Citation Number : TS-637-ITAT-2026(DEL)

An Action – Class Apart

AAR: Recovery of nominal transport charges by Renault-Nissan from its employees not a ‘supply’

• In Favour of Applicant
• Citation Number : TS-321-AAR(TN)-2026-GST

Private Discretionary Trust: MMR Applied, is a Surcharge Implied?

SC: Takes suo moto cognizance of “gross” delays in NCLT approval of resolution plans

SC to hear DDT vs DTAA tax rate controversy; HC Larger Bench reference rendered infructuous

ITAT: Accepts SBN deposits as genuine trade receipts from firecracker sales; Deletes Sec. 68 addition

• In Favour of Assessee
• Citation Number : TS-636-ITAT-2026(CHNY)

HC: Separate invoices for Solar Power Generating System goods & services supplies will not defeat 70:30 benefit

• In Favour of Petitioner
• Citation Number : TS-320-HC(AP)-2026-GST

HC: Quashes EPFO orders rejecting applications to exercise joint option under Employees' Pension Scheme

AAR: Fan Drive Assembly supplied by BorgWarner classifiable as ‘Fluid Coupling’; Attracts 18% GST

• In Favour of Applicant
• Citation Number : TS-319-AAR(TN)-2026-GST

Revenue's SLP in AWS case tees up blockbuster Royalty/FTS controversy hearing

SEBI: Floats Consultation Paper on amendments to SEBI SDI Regulations to align with RBI SSA Directions

DGFT prescribes modalities for wheat export authorisation and allocation mechanism; Notifies four new SIONs for chemical export products

DGFT notifies fresh RoDTEP rates, caps for 142 tariff lines across sectors; deletes 50 entries