ITAT: Trademark depreciation once allowed cannot be disallowed sans change of facts; Follows doctrine of consistency

• In Favour of Assessee
• Citation Number : TS-609-ITAT-2026(Mum)

ITAT: Retrenchment compensation under BSNL VRS, capital receipt exempt u/s 10(10B), despite appellate-stage claim

• In Favour of Assessee
• Citation Number : TS-608-ITAT-2026(Mum)

NCLT: Mere reduction of share capital can't be carried out in garb of Sec. 230

SEBI: Imposes Rs. 1.52 cr. penalty on 8 entities in front-running case; Orders Rs. 1.29 cr. disgorgement

DGFT permits export of additional 25 LMT wheat despite export ban

DGTR initiates sunset review on CVD for aluminium wire imports from Malaysia

SC: "Corporate guarantees constitute financial debt"; Directs SBI Consortium’s inclusion in Reliance Infratel’s CoC

Govt reviews export ecosystem, urges FTA leverage for USD 2 trillion target by 2030

ITAT: Dismisses appeal as infructuous due to liquidation, no enforceable tax demand; Condones delay

• In Favour of Assessee
• Citation Number : TS-603-ITAT-2026(Bang)

ITAT: Reverses CIT(A) order for deleting addition without appreciating evidentiary matrix; Restores matter

• In Favour of Both, Partially
• Citation Number : TS-607-ITAT-2026(Mum)

HC: Quashes State GST order citing prior CGST proceedings on overlapping entities

• In Favour of Petitioner
• Citation Number : TS-294-HC(DEL)-2026-GST

ITAT: Only inventory-related costs capitalized, general expenses allowable as revenue u/s 37(1)

• In Favour of Assessee
• Citation Number : TS-602-ITAT-2026(Mum)

HC: ITC blocking invalid once GST dues extinguished under approved Resolution Plan

• In Favour of Petitioner
• Citation Number : TS-293-HC(HP)-2026-GST

ITAT: Condones 639-days delay in appeal citing improper service and genuine medical hardship

• In Favour of Assessee
• Citation Number : TS-600-ITAT-2026(Mum)

Madras HC to examine denial of TDS cash-refund sans verification; Stays recovery against Reliance Infrastructure

ITAT: Sets-aside CIT(A) order based on erroneous premise of ex-parte assessment; Remands matter

• In Favour of Both, Partially
• Citation Number : TS-606-ITAT-2026(Ahd)

ITAT: Deletes Sec. 68 addition on unexplained agricultural income given Assessee discharged primary onus

• In Favour of Assessee
• Citation Number : TS-577-ITAT-2026(Mum)

HC: Appellate authority lacks jurisdiction to conduct roving inquiry under MVAT-Act while denying transitional-credit

• In Favour of Petitioner
• Citation Number : TS-292-HC(BOM)-2026-GST

ITAT: Sec. 254(2) MA cannot be used to re-argue jurisdiction; No review/recall absent “apparent error”

• In Favour of Revenue
• Citation Number : TS-576-ITAT-2026(Mum)

HC: Shareholders are not beneficial owners of company assets; Revenue cannot tax without statutory support

• In Favour of Assessee
• Citation Number : TS-605-HC-2026(DEL)