IBBI: Releases commemorative volume “10 years of IBC”; Features contributions from 17 eminent personalities

ITAT: Agricultural land constitutes capital asset u/s 2(14)(iii), given statutory criterion for population & distance is fulfilled

• In Favour of Both, Partially
• Citation Number : TS-912-ITAT-2026(CHNY)

ASG N. Venkataraman re-appointed for new 3 year term

ITAT: Partly deletes Sec. 69A addition; Cash already taxed in preceding AY cannot be taxed again

• In Favour of Assessee
• Citation Number : TS-911-ITAT-2026(CHNY)

ITAT: Restricts Sec. 69A cash-deposit addition to 15% being profit element from transport receipts; Gross turnover cannot be taxed

• In Favour of Assessee
• Citation Number : TS-907-ITAT-2026(CHNY)

ITAT: ITAT: Application filed for registration u/s 80G(5) post-amendment valid, cites within timeframe as per CBDT circulars

• In Favour of Assessee
• Citation Number : TS-888-ITAT-2026(ASR)

HC: HC: Remands Sec. 119(2)(b) condonation plea rejected mechanically by applying subsequent restrictive CBDT circular

• In Favour of Assessee
• Citation Number : TS-910-HC-2026(KER)

HC: HC: Quashes reassessment on Sec. 80-IA deduction, as accepted during original assessment; Change of opinion impermissible

• In Favour of Assessee
• Citation Number : TS-906-HC-2026(BOM)

ITAT: ITAT: Restricts Sec. 69A addition on agricultural overdraft cash deposits to 50% sans contrary material/evidence

• In Favour of Assessee
• Citation Number : TS-913-ITAT-2026(CHNY)

MCA: Allows Cos. to file Form DPT-3, till July 31, without paying additional fees

Australia : Australia Revises Proposed Capital Gains Tax Reforms, Consults on Innovation Concession

SEBI Board: Approves re-introduction of open market buy-back through stock exchanges, intraday borrowings for MFs

Govt expands J Matadee Multi-Sector SEZ in Tamil Nadu; De-notifies Phoenix Tech Zone SEZ in Telangana

US initiates Section 301 investigation against Germany over alleged underpayment for innovative drugs

CBIC revises DIGIT reporting norms; Notifies Navi Mumbai International Airport as International Courier Terminal

Bombay HC stays proceedings on consolidated SCNs covering multiple FYs noting pendency before SC

HC: Upholds Single Judge's refusal to direct agency probe into alleged malpractices by Byju's IRP

HC: Sets aside injunction against “SHATAM JEEVA” absent deceptive similarity with “JIVA” marks

HC: Custodial interrogation unnecessary where evidence seized, investigation advanced; Grants bail in ITC-fraud case

• In Favour of Applicant
• Citation Number : TS-447-HC(CHAT)-2026-GST

ITAT: ITAT: Sans actual fund misutilization abroad Sec. 11 violations cannot be presumed; Allows Sec. 12AB registration

• In Favour of Assessee
• Citation Number : TS-909-ITAT-2026(Mum)